8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

December 11, 2007

(Date of Report - Date of earliest event reported on)

Vermont	000-16435	03-0284070
(State of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

Derby Road, Derby, Vermont	05829
(Address of Principal Executive Offices)	(Zip Code)

Registrant's Telephone Number: (802) 334-7915

Not Applicable

(Former name, former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ] Written communications pursuant to Rule 425 under the Securities Act (17CFR 203.425)

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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

On December 11, 2007, Community Bancorp. issued a press release announcing that, effective January 1, 2008, Chairman and Chief Executive Officer (“CEO”) Richard C. White will step down as CEO of the Company and its wholly-owned subsidiary, Community National Bank (the “Bank”), and President and Chief Operating Officer (“COO”) Stephen P. Marsh will become the CEO of both corporations.  Mr. Marsh will retain his position as President of both corporations, and both Messrs. White and Marsh will remain on the boards of directors of both the Company and the Bank, with Mr. White continuing as Chairman of both boards.

Mr. Marsh, age 59, has served as President and COO of the Company and the Bank since January 6, 2004.  Immediately prior to that appointment, he served as Vice President of the Company and Executive Vice President and Chief Financial Officer of the Bank.

Additional information about Mr. Marsh’s background and experience is contained in the Company’s press release filed as Exhibit 99.1 to this Report.

Item 9.01.  Financial Statements, Proforma Financial Information and Exhibits.

(a)	Inapplicable.
(b)	Inapplicable.
(c)	Inapplicable.
(d)	Exhibits.

The following exhibit, referred to in Item 5.02 of this report, is filed, herewith:

Exhibit 99.1 - Text of press release, dated December 11, 2007.

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.

	COMMUNITY BANCORP.
DATED: December 11, 2007	/s/ Stephen P. Marsh
	Stephen P. Marsh,
	President & Chief Operating Officer
	(Chief Financial Officer)

EX-99.1

Exhibit 99.1

PRESS RELEASE

Community Bancorp. Names Stephen P. Marsh Chief Executive Officer

December 11, 2007 For immediate release

For more information contact: Richard White or Steve Marsh at (802)-334-7915

Derby, VT: Community Bancorp., the parent company of Community National Bank, announced today that Stephen P. Marsh, currently the President and Chief Operating Officer of the Company and the Bank, will become the Chief Executive Officer (CEO) of both corporations effective January 1, 2008. He will also retain his current position as President and his membership on the Board of Directors of both corporations. The current CEO, Richard White will remain employed with the Company and Bank as Chairman of the Board.

In making the announcement, Mr. White said “I am absolutely delighted with Steve’s promotion at this time, and I am looking forward to spending a little more time with my grandchildren. Steve has done a great job for us over the years, and I am confident that the Company and the Bank will do well under his capable leadership.”

Mr. Marsh joined the Bank in 1973, and during his more than thirty years of service has worked in virtually all of its operational areas. He was recruited by former Community National Bank Presidents Lloyd Selby and Arthur Judd and worked closely with them, rising through the ranks to become the Bank’s Cashier, Chief Financial Officer and, since 2004, President and Chief Operating Officer. He has served continuously on the Board of Directors of both corporations since 1998.

When Mr. Marsh joined the Bank it had 17 employees, two branches, and $15 million in assets. With the completion of the upcoming merger with LyndonBank, it is expected that Community National Bank will have approximately 160 employees, 15 branches and over $500 million in assets. Marsh attributes the Bank’s success to its focus on its long standing mission of being “In these Communities to Serve” and the dedication of the Bank’s employees to their customers.

In addition to his leading role at the Bank, Marsh has been a leader in his community as well, having served as Chairperson of the North Country Hospital in Newport, Chairperson of the Morgan Select Board, and as the Moderator for the Town of Morgan. He currently is a Board Member of Housing Vermont, a Board Member of Fletcher Allen Health Care in Burlington, a Board Member of the Vermont State Human Resource Investment Council, a Board Member of Associated Industries of Vermont, and a Board Member of the Northeastern Vermont Development Association.

Mr. Marsh is the incoming Vice Chairman Vermont Bankers Association, after having served previously on the VBA’s Government Relations and Executive Committees.  Marsh was recognized by the Vermont Bankers Association as its Outstanding Community Service Banker in 1998.

Mr. Marsh, age 59, is a native of Newport, VT and currently lives in the Town of Newport with his wife Alma.

About Community:  Community Bancorp. is a registered bank holding company and the parent company of Community National Bank, an independent bank that has been serving its Vermont communities since 1851.  Community National has offices in Derby, Derby Line, Island Pond, Barton, Newport, Troy, St. Johnsbury, Montpelier and Barre, Vermont.  In August, 2007 it announced plans to merge with LyndonBank, Lyndonville, Vermont.  The combined institution will serve customers through a network of full service branches in northern and central Vermont, with LyndonBank branches becoming branches of Community National, other than LyndonBank’s Vergennes, Vermont branch, which will be sold to the National Bank of Middlebury.