Exhibit 99.1
March 9, 2017
PRESS RELEASE
COMMUNITY BANCORP. ANNOUNCES QUARTERLY DIVIDEND
Derby, VT | For Immediate Release |
For more information, contact Kathryn M. Austin, President and CEO at 802-334-7915
Trading Symbol: CMTV
(traded on the OTCQX)
Community Bancorp., the parent company of Community National Bank, is happy to announce an increase in its quarterly dividend from $0.16 per common share to $0.17 per common share. This dividend was declared payable May 1, 2017 to shareholders of record as of April 15, 2017. The increase is attributable to the Bank’s strong performance in 2016 and demonstrates the confidence of the board of directors and management team in the company’s ability to generate shareholder value.
Community National Bank is an independent bank that has been serving its communities since 1851, with offices in Derby, Derby Line, Island Pond, Barton, Newport, Troy, St. Johnsbury, Montpelier, Barre, Lyndonville, Morrisville and Enosburg.