8-K

United States
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 23, 2008

Univest Corporation of Pennsylvania
(Exact name of registrant as specified in its charter)

Pennsylvania	0-7617	23-1886144
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

14 North Main Street, Souderton, Pennsylvania	18964
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code:   (215) 721-2400

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
	[  ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	[  ]	Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12)
	[  ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
	[  ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. Results of Operations and Financial Condition.

The information in this Item 2.02 of this Current Report shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subjected to the liabilities of that Section. The information in Item 2.02 of this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

On April 23, 2008 Univest Corporation of Pennsylvania, parent company of Univest National Bank and Trust Co., issued a press release reporting 2008 first quarter earnings. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(c) Exhibits

Exhibit No.	Description of Document
99.1	Press release issued by Univest Corporation of Pennsylvania on April 23, 2008.

SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Univest Corporation of Pennsylvania
	By:	/s/   JEFFREY M. SCHWEITZER
	Name:	Jeffrey M. Schweitzer
April 23, 2008	Title:	Executive Vice President and Chief Financial Officer

EX-99.1

EXHIBIT 99.1

Univest Corporation of Pennsylvania - Univest National Bank and Trust Co. - Reports First Quarter Earnings

SOUDERTON, Pa., April 23, 2008 (PRIME NEWSWIRE) -- Univest Corporation of Pennsylvania (Nasdaq:UVSP), parent company of Univest National Bank and Trust Co. of Souderton, Pa., has reported net income of $6,721,000 or $0.52 basic net income per share for the first quarter ended March 31, 2008, compared to $6,247,000 or $0.48 basic net income per share for the first quarter ended March 31, 2007. This is an increase of 7.59% or 8.33%, respectively. Diluted earnings per share were $0.52 for the first quarter ended March 31, 2008, compared to $0.48 per share for the first quarter ended March 31, 2007.

"We are pleased with our first quarter performance and our ability to once again demonstrate how our diversified business mix contributed to steady, organic growth for Univest," said William S. Aichele, chairman, president and chief executive officer for Univest Corporation.

On April 1, 2008, Univest Corporation paid a quarterly cash dividend of $0.20 per share.

As of March 31, 2008, assets totaled $2,059,572,000 compared to $1,935,930,000 at March 31, 2007. This is an increase of 6.39%. Total shareholders' equity increased 7.61% year-over-year with $203,263,000 reported as of March 31, 2008, compared to $188,889,000 as of March 31, 2007.

About Univest Corporation

Headquartered in Souderton, Pa., Univest Corporation of Pennsylvania and its subsidiaries serve the financial needs of residents, businesses, and nonprofit organizations in Bucks, Chester, and Montgomery counties. Univest National Bank and Trust Co. offers customers 33 financial service centers, 12 retirement financial services centers, and 39 ATM locations throughout the region, and is the parent company of Univest Capital, Inc. (doing business as Vanguard Leasing, Inc.), a small ticket commercial leasing business; Univest Insurance, Inc., an independent insurance agency headquartered in Lansdale, Pa., which serves commercial and personal customers; and Univest Investments, Inc., a full-service broker-dealer and investment advisory firm.

For more information on Univest Corporation of Pennsylvania and its subsidiaries, please visit www.univest.net.

This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. Such factors include the possibility that increased demand or prices for the Company's financial services and products may not occur, changing economic and competitive conditions, technological developments, and other risks and uncertainties, including those detailed in the company's filings with the Securities and Exchange Commission.

                             Univest Corporation of Pennsylvania
                                Financial Summary Highlights
                                       (Unaudited)
                          ($ in thousands, except per share data)


                                       For the Three Months Ended

                                      March 31,    March 31,
                                        2008         2007      % CHANGE
                                     ----------   ----------   --------

 Net interest income                 $   15,931   $   15,445     3.15%

 Provision for loan and lease losses $      999   $      624    60.10%

 Net interest income after provision
     for loan and lease losses       $   14,932   $   14,821     0.75%

 Net income                          $    6,721   $    6,247     7.59%

 Net income per share:

 Basic                               $     0.52   $     0.48     8.33%

 Diluted                             $     0.52   $     0.48     8.33%

 Dividends per share                 $     0.20   $     0.20     0.00%


                                      March 31,    March 31,
                                        2008         2007     % CHANGE
                                     ----------   ----------  --------
 Total assets                        $2,059,572   $1,935,930     6.39%

 Total shareholders' equity          $  203,263   $  188,889     7.61%

 Total deposits                      $1,616,843   $1,521,340     6.28%

CONTACT:  Univest Corporation of Pennsylvania
          Kim Detwiler, Vice President, Director of Corporate
           Communications
          215-721-8396
          detwilerk@univest.net