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Univest National Bank And Trust Co. Opens Vernfield Office


SOUDERTON, Pa, October 3, 2006 – Univest Corporation (NASDAQ Global Select Market: UVSP) celebrated the grand opening of its Vernfield financial service center, located at Route 63 and Shelly Road in Harleysville, Pa. on Friday, September 29.  Local officials and other community members joined representatives of Univest National Bank and Trust Co. for the grand opening and ribbon-cutting ceremony at the site of Univest’s 35th financial service center.  Univest’s 3,100 square foot, full-service office is located in the new Shelly Square shopping center, site of the recently opened Landis Supermarket and future retail stores.

The new financial service center features a free coin-to-cash machine, safe deposit boxes, and extended banking hours – Monday-Wednesday from 9:00 a.m. to 5:00 p.m.; Thursday and Friday from 9:00 a.m. to 8:00 p.m.; and Saturday from 9:00 a.m. to 3:00 p.m.  Drive-through banking hours are Monday-Wednesday from 8:00 a.m. to 5:00 p.m.; Thursday and Friday from 8:00 a.m. to 8:00 p.m.; and Saturday from 9:00 a.m. to 3:00 p.m. A drive-up, 24-hour ATM is available to the public at the new office. Bringing added convenience to Landis Supermarket shoppers is an additional ATM inside the store.

“We are looking forward to serving the residents and businesses of the Harleysville community with the opening of our 35th financial service center,” said K. Leon Moyer, president and chief operating officer of Univest National Bank and Trust Co. “We are excited to join Landis Supermarket and other businesses in this new shopping center. The Vernfield Financial Service Center offers the public personalized service and integrated solutions including banking, insurance, investments, and wealth management and trust services.”

Participants in the grand opening and ribbon-cutting ceremony, included William S. Aichele, chairman and chief executive officer of Univest National Bank and Trust Co. and Univest Corporation; Pastor John Muhlfeld of Covenant Presbyterian Church; Kenneth Hagey, chairman of the board of directors for Upper Salford Township; Daniel McDonald, Vernfield Branch Manager of Univest National Bank and Trust Co.; Senator Robert C. Wonderling (R-24), and K. Leon Moyer, president and chief operating officer of Univest National Bank and Trust Co.

Univest Corporation has three principle subsidiaries: Univest National Bank and Trust Co., Univest Insurance, Inc. and B.G. Balmer & Co.  – A Division of Univest Insurance, Inc., and Univest Investments, Inc.   For 130 years, Univest has provided community support, leadership, and strong performance in the financial services industry.  Univest serves residents, businesses, and nonprofit organizations in Bucks, Chester, and Montgomery counties through a network of 35 financial service centers, 12 retirement community financial service centers, and 39 ATM locations.

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.