Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On August 25, 2009, the StellarOne Corporation (the "Corporation") Board of Directors appointed H. C. Stuart Cochran, Alan W. Myers, Joe J. Thompson, and Keith L. Wampler, CPA to the Corporation's Board of Directors, effective immediately. Committee assignments have yet to be determined. This action was conducted in concert with a consolidation of bank and corporate boards of directors.

H. C. Stuart Cochran is an Agent for Bankers Insurance LLC. Alan W. Myers was formerly General Manager of Blue Ridge Growers, Inc. Joe J. Thompson is Chairman of Thompson Tire Company, Inc. Keith L. Wampler, CPA is managing partner of PBGH, LLP, Certified Public Accountants. All four have served as bank directors for StellarOne Bank and its predecessor banks for extended periods.

Each of the new directors will be paid in accordance with the Corporation's standard director compensation policies and programs. None of these directors has held positions with the Corporation previously. Other than the standard compensation arrangements, there are no arrangements with or understandings between any of these new directors and any other person pursuant to which he was appointed as a director. Messrs. Cochran, Myers, Thompson, and Wampler are not a party to any transaction with the Corporation that would require disclosure under Item 404(a) of Regulation S-K.

---