SOUDERTON, Pa., October 3, 2012-- Univest Corporation of Pennsylvania (listed on NASDAQ: UVSP) today announced its year-to-date financial giving to support its "Committed to Local" giving program. The company has donated more than $485,000 to support youth education and wellness development.

Univest also launched a financial literacy initiative that will help teach local high school students about important financial concepts through a new media learning platform. The course of study, which will be offered at Bensalem High School, Spring-Ford Senior High School (Royersford) and Quakertown Community High School, covers topics including credit cards, taxes, credit scores, investing, savings and mortgages. The class is provided in partnership with EverFi, a leading education technology company focused on teaching students critical financial skills. The program uses video, animation, 3-D gaming, avatars and social networking to bring complex financial concepts to life for today's digitally adept students. In addition to these three schools, Univest is working to finalize partnerships with three other high schools in Montgomery and Bucks counties.

"Univest is committed to helping our local high school students to become more knowledgeable about saving, investing and spending money," said Annette D. Szygiel, executive vice president and chief experience officer of Univest Corporation of Pennsylvania. "Financial management skills are even more important in today's tight economic conditions, so our investment in financial literacy comes at a critical time for these young men and women."

Financial literacy for adults

On October 24, Univest and the Credit Counseling Center (offices in Richboro, Doylestown and Levittown, Pa.) will conduct a free workshop for first-time home buyers at the Northampton Library in Richboro from 7:00 p.m. to 9:00 p.m. The workshop will be conducted by Joan Reading, president of the Credit Counseling Center, and Mike Keim, senior vice president of mortgage banking for  Univest Bank and Trust Co. Topics will include budgeting for a home purchase, credit scoring, fair housing, qualifying for a mortgage, the loan application process and the role of a Realtor®. The program is open to the public, but seating is limited and reservations are required. For reservations, call 215-348-8003.

Giving back to its communities

Univest's third quarter 2012 contributions to address the financial needs in its communities totaled more than $250,000. Much of that giving focused on the "Committed to Local" program, including the company' participation in the Pennsylvania Department of Community & Economic Development's Educational Improvement Tax Credit (EITC) program. The EITC program supports private educational institutions in advancing their mission and unique educational services. The $485,000 contributed through the "Committed to Local" program so far this year is just a portion of Univest's total community contributions, which total $850,000 to date in 2012.

 "Univest's 'Committed to Local' program is focused on making a difference in the lives of individuals right here in our own neighborhoods," said K. Leon Moyer, president and chief executive officer of Univest Bank and Trust Co. "One thing we have learned from the economic upheaval of the past two years is the importance of financial literacy and proactively taking charge of your own finances. We are committed to helping our neighbors - whether they are students in public or private schools or adults - make wiser decisions with their money."

 About Univest Corporation

Headquartered in Souderton, Pa., Univest Corporation of Pennsylvania (www.univest.net) and its subsidiaries serve the financial needs of residents, businesses, and nonprofit organizations in Bucks, Chester, Montgomery and Lehigh counties.   For more information on Univest Corporation of Pennsylvania and its subsidiaries, please visit www.univest.net.

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This press release of Univest Corporation and the reports Univest Corporation files with the Securities and Exchange Commission often contain "forward-looking statements" relating to present or future trends or factors affecting the banking industry and, specifically, the financial operations, markets and products of Univest Corporation. These forward-looking statements involve certain risks and uncertainties. There are a number of important factors that could cause Univest Corporation's future results to differ materially from historical performance or projected performance. These factors include, but are not limited to: (1) a significant increase in competitive pressures among financial institutions; (2) changes in the interest rate environment that may reduce net interest margins; (3) changes in prepayment speeds, loan sale volumes, charge-offs and loan loss provisions; (4) general economic conditions; (5) legislative or regulatory changes that may adversely affect the businesses in which Univest Corporation is engaged; (6) technological issues which may adversely affect Univest Corporation's financial operations or customers; (7) changes in the securities markets or (8) risk factors mentioned in the reports and registration statements Univest Corporation files with the Securities and Exchange Commission. Univest Corporation undertakes no obligation to revise these forward-looking statements or to reflect events or circumstances after the date of this press release.