SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   FORM 10 - K

                ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (D) OF
                       THE SECURITIES EXCHANGE ACT OF 1934


                    For the fiscal year ended June 30, 2000,
                        Commission File No. 333-77535-04

                             UACSC 2000-A Owner Trust
             (Exact name of registrant as specified in its charter)

           Delaware                                 35-1937340
   State or other jurisdiction of                (I.R.S. Employer
   incorporation or organization                 Identification Number)
                                                 UAC Securitization
                                                 Corporation

     9240 Bonita Beach Road   Suite 1109-A
     Bonita Springs, Florida                            34135
     (address of principal                            (zip code)
     executive offices)
     UAC Securitization Corporation

     Registrant's telephone number including area code    (941) 948-1850

     Securities registered pursuant to Section 12 (b) of the Act: None

     Securities registered pursuant to Section 12 (g) of the Act: None


     Indicate  by check mark  whether the  registrant  (1) has filed all reports
     required to be filed by Section 13 or 15 (d) of the Securities Exchange Act
     of 1937 during the preceding 12 months (or for such shorter period that the
     registrant was required to file such reports),  and (2) has been subject to
     such filing requirements for the past 90 days.

                               Yes      X           No

     DOCUMENTS INCORPORATED BY REFERENCE:    None



<PAGE>

     The  Registrant  (the UACSC  2000-A  Owner  Trust,  or the  "Trust")  is an
automobile  receivable  securitization  trust  formed  pursuant  to a Trust  and
Servicing  Agreement  dated as of  February  1, 2000  among  UAC  Securitization
Corporation,  as "Seller,"  Union  Acceptance  Corporation,  as "Servicer,"  and
Harris Trust and Savings Bank, as "Trustee" (the "Agreement"). The Registrant is
filing this Form 10-K and has filed current  reports on Form 8-K monthly in lieu
of  reports on Form 10-Q and  compliance  with  certain  other  requirements  of
Section  15(d) of the  Securities  Exchange Act of 1934,  as amended,  which are
otherwise  applicable  to the  Trust,  on the  basis of the SEC  staff  position
described in numerous  no-action letters  applicable to securities such as those
issued  pursuant to the  Agreement.  See,  e.g.,  Prime Credit Card Master Trust
(pub.  available October 16, 1992), Private Label Credit Card Master Trust (pub.
available May 20, 1992), Sears Receivable  Financing Group, Inc. (pub. available
March 31, 1992),  Discover  Financing Group,  Incorporated,  Discover Card Trust
1991-E  (pub.  available  February 13,  1992),  Bank One Auto Trust 1995-A (pub.
available  August 16,  1995) and  Volkswagen  Credit  Auto  Master  Trust  (pub.
available May 9, 1997).







                                       -2-

<PAGE>

                                     PART I



     Item 1. Business.

          The sole and  only  "business"  of the  Trust  is the  collection  and
     distribution of payments on the automobile and light truck receivables,  in
     the manner described in the Registration Statement.  Accordingly,  there is
     no relevant  information  to report in  response to Item 101 of  Regulation
     S-K.

     Item 2.  Properties.

          The Trust does not have any  physical  properties.  Accordingly,  this
     Item 2 is inapplicable.

     Item 3.  Legal Proceedings.

          There are no material pending legal  proceedings  involving either the
     Trust,  or, with respect to any  Notes or any other trust property,
     involving the Trustee, the Seller or the Servicer.

     Item 4.  Submission of Matters to a Vote of Security Holders.

          No votes or consents of  Noteholders  were solicited during the
     fiscal year ended June 30, 2000 for any purpose.



<PAGE>

                                     PART II

     Item 5.  Market  Price or and  Dividends  on the  Registrant's  Equity  and
Related Stockholder Matters.

          There is no established public trading market for the Certificates.

     Item 6.  Selected Financial Data.

          No financial data is required of UAC  Securitization  Corporation,  as
     Registrant  (Registration Statement No. 333-77535 on form S-3), inasmuch as
     the  Registration  Statement  was filed  for and on behalf of UACSC  2000-A
     Owner Trust and, furthermore, because UAC Securitization Corporation is not
     a guarantor of any of the payments due from the Trust to Noteholders.

          The  regular  monthly  report  form,  which the Trustee is required to
     include with each monthly distribution of Trust assets to Noteholders, sets
     forth for the prior calendar  month,  as well as  cumulatively,  all of the
     relevant  financial  information  required  by  the  applicable  trust  and
     servicing agreement to be reportable to Noteholders. The UAC Securitization
     Corporation UACSC 2000-A Owner Trust Monthly Servicer's  Certificate Report
     for the month  ending June 30,  2000;  and the  December  31, 1999 and 1998
     Financial   Statements  of  MBIA  Inc.,   the  parent  of  MBIA   Insurance
     Corporation, the insurer, are incorporated herein by reference and attached
     hereto as Exhibits (Exhibit No. 99-1 and 99-2, respectively). The foregoing
     presents all relevant financial  information relating to the Trust. Because
     of the limited business activity of the Trust, the Selected  Financial Data
     specified  in Item 301 of  Regulation  S-K  would  not  provide  meaningful
     additional information.

     Item 7.  Management's  Discussion  and Analysis of Financial  Condition and
Results of Operation.

          Because  of  the  limited   business   activity  of  the  Trust,   the
     presentation of Management's Discussion and Analysis of Financial Condition
     and Results of Operations,  as otherwise required by Item 303 of Regulation
     S-K, would not be meaningful.  All relevant information is contained in the
     monthly statements.

     Item 8.  Financial Statements and Supplementary Data.

          As discussed above,  furnishing the traditional  financial information
     required by Item 8 of Form 10-K would not add relevant  information to that
     provided by the foregoing statements.

     Item  9.   Disagreements  with  Accountants  on  Accounting  and  Financial
Disclosure.

          Not applicable.
<PAGE>


                                    PART III

     Item 10.  Directors and Executive Officers.

          Not applicable.

     Item 11.  Executive Compensation.

          Not applicable.

     Item 12.  Security Ownership of Certain Beneficial Owners and Management.

          As of  September  25,  2000,  there  were  a  total  of 21  Registered
     Noteholders,  all of whom  maintained  their  security  positions  with the
     Depository  Trust  Company.  While  some  of  these  Noteholders'  security
     positions in the Trust exceeded 5% of the  outstanding  Note Balance;  such
     securities do not constitute  voting  securities within the meaning of Item
     403 of Regulation S-K.

     Item 13.  Certain Relationships and Related Transactions.

          Union  Acceptance  Corporation,  as Servicer,  and UAC  Securitization
     Corporation,  as  Certificateholder,  receive  payments  from the  Trust in
     accordance with the terms of the applicable trust and servicing agreement.


                                     PART IV

     Item 14.  Exhibits, Financial Statement Schedules, and Reports on For 8-K.

          A report on Form 8-K was  filed at the end of each  month  during  the
     previous  fiscal year, or portion  thereof,  which contained the applicable
     servicer's  report for the  related  collection  periods  during the period
     covered  by this  report.  In  addition  a Form  8-K was  filed on or about
     February  16,  2000  related to the  Closing of the sale of the Notes which
     included the  definitive  Trust and Servicing  Agreement and the consent of
     the  independent  accountants  to  the  insurer.  Incorporated  herein  and
     attached  hereto  as  Exhibit  99.1  is a copy  of the  Monthly  Servicer's
     Certificate  Reports to the Trust,  for the month ending June 30, 2000; and
     as Exhibit 99.2 the December 31, 1999 and 1998 Financial Statements of MBIA
     Inc., the parent of MBIA Insurance Corporation, the insurer.


<PAGE>

          Pursuant to the requirements of Section 13 or 15 (d) of the Securities
     Exchange  Act of 1934,  the  Registrant  has duly  caused this Report to be
     signed on its behalf by the undersigned, thereunto duly authorized Servicer
     of the UACSC 2000-A  Owner  Trust,  for and on behalf of UACSC 2000-A Owner
     Trust. UACSC 2000-A Owner Trust

                                  By:  Union Acceptance Corporation, as Servicer


     Date: September 27, 2000           By: /s/ Melanie S. Otto
                                             -----------------------------------
                                             Melanie S. Otto
                                             Vice President

<PAGE>


                                  EXHIBIT INDEX


     No.      Description

         4      Trust and Servicing Agreement  respecting the UACSC 2000-A Owner
                Trust  (incorporated by reference to Exhibit 4 to Form 8-K filed
                on or about February 16, 2000).

         99.1   UACSC 2000-A Owner Trust Monthly Servicer's Certificate Reports:
                Month Ended June 30, 2000.


         99.2   The  consolidated  financial  statements  of MBIA  Inc.  and its
                subsidiaries  as of December  31, 1999 and December 31, 1998 and
                for each of the three  years in the period  ended  December  31,
                1999,  included  in the Annual  Report on Form 10-K of MBIA Inc.
                for the year ended  December 31,  1998,  which was filed by MBIA
                Inc.  with  the SEC on  March  26,  2000,  are  incorporated  by
                reference.