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): December 3, 2007

                                CAMDEN NATIONAL CORPORATION
                     (Exact name of Registrant as specified in charter)


         MAINE                         01-28190               01-0413282
(State or other jurisdiction         (Commission             (IRS employer
    of incorporation)                File Number)          Identification No.)


         Two Elm Street, Camden, Maine                         04843
       (Address of principal executive offices)              (Zip Code)


                                 (207) 236-8821
              (Registrant's telephone number, including area code)




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 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 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

     On December 3, 2007, Camden National Corporation (the "Company") issued a
press release announcing the naming of Karen W. Stanley to the Board of
Directors of the Company, contingent upon the closing of the previously
announced acquisition of Union Bankshares Company, which is expected to occur in
early January 2008 pending regulatory approval. There are no understandings or
arrangements between Ms. Stanley and any other person pursuant to which Ms.
Stanley was selected as a director of the Company. Ms. Stanley does not have any
family relationship with any director or executive officer of the Company. It
has not yet been determined on which committees of the Board of Directors of the
Company Ms. Stanley will serve.

     In connection with her service as a director, Ms. Stanley will receive the
Company's standard non-employee director cash compensation. Specifically, Ms.
Stanley will receive the $7,500 annual cash retainer and $600 per attended
meeting of the Board of Directors and, when she is appointed to committees,
approximately $325 to $500 per attended meeting of a committee, depending upon
the appointed committees on which she serves, as well as an annual cash payment
if she serves as chair of any committee.

     The full text of the press release in attached as Exhibit 99.1 to this
Current Report on Form 8-K.

     Additional Information and Where to Find It

     In connection with the proposed Merger of Union Bankshares with and into
Camden, Camden and Union Bankshares have filed relevant materials with the SEC,
including the registration statement on Form S-4 containing a proxy
statement/prospectus dated October 23, 2007. INVESTORS ARE URGED TO READ THESE
MATERIALS BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT CAMDEN, UNION
BANKSHARES AND THE MERGER. The proxy statement/prospectus and other relevant
materials, and any other documents filed by Camden or Union Bankshares with the
SEC, may be obtained free of charge at the SEC's website at www.sec.gov. In
addition, investors may obtain free copies of the documents filed with the SEC
by Camden by directing a written request to Camden National Corporation, Two Elm
Street, Camden, Maine 04843, Attention: Suzanne Brightbill, and free copies of
the documents filed with the SEC by Union Bankshares by directing a written
request to Union Bankshares Company, 66 Main Street, Ellsworth, Maine 04605,
Attention: Clerk.

     Participants in Solicitation

     Information about the directors and executive officers of Camden and Union
Bankshares and information about any other persons who may be deemed
participants in this transaction is included in the proxy statement/prospectus
dated October 23, 2007. You can find information about Camden's directors and
executive officers in the proxy statement for Camden's annual meeting of
stockholders filed with the SEC on March 21, 2007. You can find information
about Union Bankshares's directors and executive officers in the proxy
statement/prospectus dated October 23, 2007. You can obtain free copies of these
documents from the SEC, Camden or Union Bankshares using the contact information
above.

     Forward-Looking Statements

     This report contains statements that may be considered forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Forward-looking statements
can be identified by the use of the words "believe," "expect," "anticipate,"
"intend," "estimate," "assume," "will," "should," and other expressions which
predict or indicate future events or trends and which do not relate to
historical matters. Forward-looking statements should not be relied on, because
they involve known and unknown risks, uncertainties and other factors, some of
which are beyond the control of Camden and Union Bankshares. These risks,
uncertainties and other factors may cause the actual results, performance or
achievements of Camden and Union Bankshares to be materially different from the
anticipated future results, performance or achievements expressed or implied by
the forward-looking statements.


                                       2



     Some of the factors that might cause these differences include the
following: (i) failure of the parties to satisfy the closing conditions in the
Merger Agreement in a timely manner or at all; (ii) failure of the shareholders
of Union Bankshares to approve the Merger Agreement; (iii) failure to obtain
governmental approvals of the Merger, or imposition of adverse regulatory
conditions in connection with such approvals; (iv) disruptions in the businesses
of the parties as a result of the pendency of the Merger; (v) integration costs
following the merger, (vi) changes in general, national or regional economic
conditions; (vii) changes in loan default and charge-off rates; (viii)
reductions in deposit levels necessitating increased borrowing to fund loans and
investments; (ix) changes in interest rates; (x) changes in laws and
regulations; (xi) changes in the size and nature of the Camden's competition and
(xiii) changes in the assumptions used in making such forward-looking
statements. Other factors could also cause these differences. For more
information about these factors please see Camden's and Union Bankshares'
filings with the SEC, including their Annual Report on Form 10-K on file with
the Securities and Exchange Commission ("SEC"). All of these factors should be
carefully reviewed, and readers should not place undue reliance on these
forward-looking statements. These forward-looking statements were based on
information, plans and estimates at the date of this report, and the Company
does not promise to update any forward-looking statements to reflect changes in
underlying assumptions or factors, new information, future events or other
changes.

Item 9.01.  Financial Statements and Exhibits.

(d) The following exhibits are filed with this Report:

      Exhibit No.    Description
      -----------    -----------
         99.1        Press Release issued on December 3, 2007.



                                   SIGNATURES

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

                         CAMDEN NATIONAL CORPORATION



            By:     /s/ Sean G. Daly                      Date: December 3, 2007
                  ---------------------------------
                    Sean G. Daly
                    Chief Financial Officer and Principal
                    Financial & Accounting Officer


                                       3

EX-99.1

                                                                    Exhibit 99.1

                     Stanley Joins Camden National
                    Corporation Board of Directors


    CAMDEN, Maine--(BUSINESS WIRE)--Dec. 3, 2007--Rendle A. Jones,
Esq., Chairman of the Board of Directors for Camden National
Corporation (CNC), announced that Karen W. Stanley has been named to
the board of directors of Camden National Corporation to coincide with
the previously announced acquisition of Union Bankshares Company,
which is expected to close in early January 2008 pending regulatory
approval.

    "We are extremely pleased to add Karen to Camden National's
board," said Mr. Jones. "As a current director of the Union Trust
Company and a veteran corporate leader, she brings to our board a
wealth of expertise and experience in banking and business development
as well as strong community involvement in the area of healthcare in
Downeast Maine."

    Ms. Stanley commented, "I have a high regard for the dedication
and service Camden National delivers to its customers and its
communities. This is an exciting opportunity for me, and I look
forward to working with Camden National's directors and officers."

    In 1999, Ms. Stanley and her husband established Stanley Subaru in
Ellsworth, Maine. Previously, Ms. Stanley served with Priority
Management, an international training and development firm, first as
an independent associate and later as a member of the senior
management team with their international headquarters. Prior to that,
she served as Vice President, Personal Banking for Overseas Executives
with Citibank N.A. Ms. Stanley began her career in sales with the
Xerox Corporation.

    Recognized with the Ellsworth Area Chamber of Commerce's 2004
Corporate Citizen of the Year Award in 2004, Ms. Stanley has been
involved in a number of community and civic organizations. Ms. Stanley
is the past board chair of Hospice of Hancock County and Hospice
Regatta of Maine. She is currently serving on the Hancock County
Committee of the Maine Community Foundation and is the Board Chair of
Maine Coast Memorial Hospital.

    Ms. Stanley lives with her family in Castine.

    Camden National Corporation, a 2006 Best Places to Work in Maine
company headquartered in Camden, Maine, and listed on the American
Stock Exchange under the symbol CAC, is the holding company for a
family of two financial services companies, including: Camden National
Bank (CNB), a full-service community bank with 27 banking offices
serving coastal, western, central and eastern Maine, and recipient of
the Governor's Award for Business Excellence in 2002, and Acadia
Trust, N.A., offering investment management and fiduciary services
with offices in Portland and Bangor. Acadia Financial Consultants is a
division of CNB, offering full-service brokerage services. As
previously announced, Camden National Corporation has entered in an
Agreement and Plan of Merger with Union Bankshares Company, pursuant
to which Union Bankshares will merge with and into Camden National.


    CONTACT: Camden National Corporation
             Public Relations Officer
             Suzanne Brightbill, 207-230-2120