Community Bancorp. Re-Elects Directors and Discusses Strong First Quarter 2021 Results

Community Bancorp. News Release
Contact Person: Tracy Roberts, VP & Marketing Director
Community National Bank
Phone: 802-487-3512
Email: troberts@communitynationalbank.com

For Immediate Release
June 24, 2021

2021 Virtual Annual Shareholders Meeting

Derby, VT—The Officers of Community Bancorp. held its 2021 Annual Shareholders meeting through a virtual platform on Tuesday, May 18, at 2:00 pm. The webcast is available for one year and can be accessed through the company’s website, communitynationalbank.com.

Shareholders voted affirmatively on two proposals: re-electing Kathryn M. Austin, Bruce L. Baker, David M. Bouffard, Aminta K. Conant and Rosemary M. Lalime to three year-terms expiring in 2024, and ratifying BerryDunn as the Company’s external auditors for 2021.

During the business portion of the meeting, President and CEO Kathy Austin shared the Bank’s strong full year 2020 and first quarter of 2021 results, which underscored how well the bank performed — doing well and doing good — in face of the Covid-19 challenges. She also noted the Bank’s success with the Payroll Protection Program (PPP), which it offered to customers and non-customers.

Executive Vice President and Chief Financial Officer, Louise Bonvechio provided a deeper review of the bank’s strong financial results for 2020 and the first quarter of 2021, including loan, deposit and asset quality metrics.

For more information about Community National Bank or Community Bancorp. visit the Company’s website: communitynationalbank.com.

###