SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

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                                    Form 8-K


                Current Report Pursuant to Section 13 or 15(d) of
                           The Securities Act of 1934


      Date of Report (Date of earliest event reported): September 27, 1999

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                          UNION BANKSHARES CORPORATION
             (Exact name of registrant as specified in its charter)



           Virginia                       0-20293                54-1598552
(State or other jurisdiction of         (Commission           (I.R.S. Employer
 incorporation or organization)         File Number)         Identification No.)

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                              212 North Main Street
                                  P.O. Box 446
                          Bowling Green, Virginia 22427
          (Address of principal executive offices, including zip code)

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       Registrant's telephone number, including area code: (804) 633-5031






ITEM 4.  CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.

         On September 27, 1999,  the  Registrant's  Board of Directors  voted to
engage the accounting  firm of Yount,  Hyde & Barbour,  P.C. as the  independent
public accountant to audit the Registrant's  financial statements for the fiscal
year ending  December 31, 1999, to replace the firm of KPMG LLP, the independent
public accountant engaged to audit the Registrant's  financial  statements as of
December  31,  1998 and 1997,  and for each of the years in the two year  period
ended December 31, 1998.

         Consistent with the Registrant's  policies,  the Registrant conducted a
bidding  process  to  select  the  independent  public  accountant  to audit the
Registrant's  fiscal year ending  December  31,  1999.  The  Registrant's  Audit
Committee  received  bids  from  several  independent  public  accounting  firms
including  KPMG LLP.  After  reviewing the  proposals,  the  Registrant's  Audit
Committee  selected Yount,  Hyde & Barbour,  P.C., which  Registrant's  Board of
Directors approved.

         In  connection  with the audit of the two fiscal years ending  December
31, 1998 and the subsequent  interim  period  preceding the engagement of Yount,
Hyde & Barbour, P.C., there were no disagreements with KPMG LLP on any matter of
accounting  principles or practices,  financial statement disclosure or auditing
scope or procedures,  which  disagreements if not resolved to their satisfaction
would have caused them to make reference in connection with their opinion to the
subject matter of the disagreement.

         KPMG LLP did not  resign  or  decline  to stand  for  reelection.  Upon
selection of Yount, Hyde & Barbour, P.C., the Registrant dismissed KPMG LLP with
respect to the audit of the Registrant's  consolidated  financial statements for
periods  beginning with the fiscal year ending December 31, 1999 and thereafter.
KPMG LLP's report on the  consolidated  financial  statements as of December 31,
1998 and 1997,  and for each of the years in the two year period ended  December
31, 1998,  contained  no adverse  opinion or  disclaimer  of opinion and was not
qualified as to uncertainty, audit scope or accounting principles.

         The  Registrant  will be  requesting  that KPMG LLP  furnish  it with a
letter  addressed to the Securities and Exchange  Commission  stating whether it
agrees with the above statements.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

         Exhibit 16.1 - Letter from KPMG LLP.*


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*  To be filed by amendment.

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                                   SIGNATURES

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


                                      UNION BANKSHARES CORPORATION



                                      By:  /s/  G. William Beale
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                                           G. William Beale
                                           President and Chief Executive Officer


October 4, 1999


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