Community Bancorp. and Community National Bank Appoints Carol Martin to the Boards of Directors, Effective January 1, 2022
September 28, 2021 at 02:24 pm
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On September 23, 2021, the Boards of Directors of Community Bancorp. (the Company) and Community National Bank unanimously appointed Carol Martin, age 58, to the Boards of Directors of the Company and the Bank, effective January 1, 2022. Mrs. Martin was appointed to the class of directors whose term expires at the Company's 2022 Annual Meeting of Shareholders, at which time she will stand for election to a three-year term. Mrs. Martin has been appointed to serve on the Company's Audit Committee and Compensation Committee. Since April, 2015, Mrs. Martin has served as the Vice President, Finance US and Head of Group Accounting & Reporting for Weidmann Electrical Technology Inc., located in St. Johnsbury, Vermont, responsible for the Group consolidation of the financial reports for Swiss parent company Weidmann Holding AG and worldwide affiliates.
Community Bancorp. is a bank holding company for Community National Bank (the Bank). Through the Bank, it provides a range of loan and deposit services to individuals, businesses, nonprofit organizations and municipalities in its northern and central Vermont markets. Its services include business banking, commercial real estate lending, residential real estate lending, retail credit, municipal and institutional banking and retail banking. It offers a range of credit products for a variety of general business purposes, including financing for commercial business properties, equipment, inventories and accounts receivable, and standby letters of credit. It provides a range of products to meet the financing needs of commercial developers and investors, residential builders and developers and community development entities. It also provides a full range of consumer banking services, including checking accounts, night deposit facilities and online, mobile, telephone banking and others.