Form 8-K - Current report

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

February 14, 2024

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

Community Bancorp./VT

(Exact name of Registrant as Specified in its Charter)

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

4811 US Route 5, 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))

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

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities act of 1933 (§232.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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

(d) On February 14, 2024, the Board of Directors of Community Bancorp. (the Company), appointed Nikole M. Brainard, age 48, to the position of Principal Accounting Officer of the Company, effective immediately. Candace A. Patenaude, Financial Officer for Community National Bank (the Bank), the Company’s sole subsidiary, previously held the title but has transitioned out of that position due to a shift of responsibilities within the Finance Department of the Bank.

Ms. Brainard, who also serves as the Bank’s Vice President and Controller, previously held positions with the Bank as AVP & Finance Manager, Financial Reporting Officer & Asset Liability Manager, Asset Liability Manager, and Financial Reporting Specialist over the past five years.

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: February 21, 2024	/s/ Kathryn M. Austin
	Kathryn M. Austin
	President & Chief Executive Officer

Cover	Feb. 14, 2024
Cover [Abstract]
Entity Registrant Name	Community Bancorp./VT
Entity Central Index Key	0000718413
Document Type	8-K
Amendment Flag	false
Entity Emerging Growth Company	false
Document Period End Date	Feb. 14, 2024
Entity File Number	000-16435
Entity Incorporation State Country Code	VT
Entity Tax Identification Number	03-0284070
Entity Address Address Line 1	4811 US Route 5
Entity Address City Or Town	Derby
Entity Address State Or Province	VT
Entity Address Postal Zip Code	05829
City Area Code	802
Local Phone Number	334-7915
Written Communications	false
Soliciting Material	false
Pre Commencement Tender Offer	false
Pre Commencement Issuer Tender Offer	false