Exhibit 23.1 CONSENT OF INDEPENTDENT AUDITORS The Board of Directors Union Bankshares Corporation: We consent to the use of our report included in Union Bankshares Corporation's Annual Report on Form 10-K for the year ended December 31, 1995 incorporated herein by reference and to the reference to our firm under the heading "Experts" in the Proxy Statement/Prospectus. Our report refers to a change in accounting for certain investments in debt and equity securities. KPMG Peat Marwick LLP Richmond, Virginia July 16, 1996