Community Bancorp 8-K, filed Jul 1, 2021
Community Bancorp (CMTV)
About this 8-K
Community Bancorp filed this 8-K on July 1, 2021, reporting on events of June 9, 2021.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
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Item 8.01. Other Events
On June 9, 2021 the Boards of Directors of Community Bancorp. and its wholly-owned subsidiary, Community National Bank, promoted Senior Vice President and Senior Lender, Christopher (Chris) Caldwell, age 55, to the positions of Executive Vice President and Chief Lending Officer of the Bank and Vice President of Community Bancorp. effective July 1, 2021. The promotion was announced in a press release dated July 1, 2021, a copy of which is filed as Exhibit 99.1 to this report, and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
The following Exhibit, referred to in Item 8.01 of this Report is furnished, not filed, herewith:
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| COMMUNITY BANCORP. |
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DATED: July 1, 2021 |
| /s/ Kathryn M. Austin |
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| Kathryn M. Austin, President & |
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| Chief Executive Officer |
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EXHIBIT 99.1
Community National Bank
NEWS RELEASE
For Immediate Release
July 1, 2021
For more information contact:
Tracy D. Roberts VP & Marketing Director
802-487-3512
troberts@communitynationalbank.com
Caldwell Named Executive Vice President and Executive Officer at
Community National Bank
Derby,VT—Community National Bank (CNB) CEO Kathy Austin is pleased to announce the promotion of Christopher (Chris) Caldwell to Executive Vice President and Chief Lending Officer. The Board of Directors of Community Bancorp. and Community National Bank voted to approve Caldwell’s promotion to Executive Officer of the Bank and Vice President of Community Bancorp., to be effective July 1, 2021. Austin commented, “Chris will be a great addition to our Executive team. He brings a wealth of knowledge gained in his previous lending and executive leadership positions.”
Caldwell joined Community National Bank in April as Senior Vice President and Senior Lender. He has over thirty years of experience in the banking and business consulting industries. Caldwell has extensive knowledge of commercial lending, bank and branch network operations, customer service delivery and strategic planning, growth and development for businesses.
When talking about joining CNB Chris stated, “I’m really a community banker at heart. Community National Bank’s mission aligns with my personal philosophy about how a bank should serve its customers, businesses and the community at large. I’m honored to join this organization.” Caldwell has always been very involved with giving back to his community and he looks forward to continuing this practice in Vermont. Chris and his wife Bettie are outdoor enthusiasts and were attracted to Vermont and the surrounding area for all of its recreational opportunities.
Community National Bank (CNB) is an independent bank that has been serving its communities since 1851. CNB has offices located in Derby, Barre, Barton, Derby Line, Enosburg Falls, Island Pond, Lyndonville, Montpelier, Morrisville, Newport, St. Johnsbury and Troy. For more information about CNB please visit communitynationalbank.com.