Letter From President In the rapidly evolving world of financial services, each of us is continually fascinated by the latest innovations, yet cling to the stability that comes with familiarity. We have built Union Bankshares Corporation to combine the latest products and services with the familiarity and stability of community banking. Our "union of community banks" has enabled us to offer the products and services of much larger institutions while maintaining existing relationships and the highest level of customer service. In an era where acquisition, consolidation and massive personnel cuts have become commonplace, we have continued to operate our banks independently, combining back office functions where feasible, but maintaining our customer relationships and community orientation. We hope you will find our website useful and we look forward to serving you. G. William Beale President and Chief Executive Officer