UNIVEST CORPORATION OF PENNSYLVANIA
                                AND SUBSIDIARIES

                                   EXHIBIT 21

                                  [Item 14(c)]


         SUBSIDIARIES

(1)   Union National Bank and Trust Company is chartered in the Commonwealth of
      Pennsylvania.

(2)   Pennview Savings Bank is chartered in the Commonwealth of Pennsylvania.

(3)   Univest Leasing Corporation is chartered in the Commonwealth of
      Pennsylvania.

(4)   Univest Realty Corporation is chartered in the Commonwealth of
      Pennsylvania.

(5)   Univest Delaware, Inc. is chartered in the State of Delaware.

(6)   Univest Financial Services Corporation is chartered in the Commonwealth of
      Pennsylvania.

(7)   Univest Reinsurance Corporation (formerly Univest Insurance Company) is
      chartered in the State of Arizona.

(8)   Univest Electronic Services Corporation is chartered in the Commonwealth
      of Pennsylvania.

(9)   Delview, Inc. is a wholly owned subsidiary of Pennview Savings Bank that
      is chartered in the State of Delaware.

(10)  Univest Investments, Inc. (formerly Fin Plan Group) is chartered in the
      Commonwealth of Pennsylvania.

(11)  Univest Insurance, Inc. (formerly George Becker Associates) is chartered
      in the Commonwealth of Pennsylvania.


All the subsidiaries do business under the above names.