Community Bancorp's Audit Director Wins Award.

LAS VEGAS -- Community Bancorp (NASDAQ: CBON) announced that Dion Koop, Senior Vice President and Audit Director, has received the 2008 Ted Keys Award from the Institute of Internal Auditors.

In recognition of exceptional contributions to the regular department sections of the publication, Internal Auditor, Mr. Koop was selected as the winner of the "2008 Ted Keys Award" for his article, "The Art and Science of Inquiry," published in the August 2007 issue. The article was selected for its outstanding quality, clear presentation of ideas, practicality, and relevance to the continuing practice of internal auditing.

"We congratulate Dion for receiving the "2008 Ted Keys Award." This award is a reflection of his dedication and experience in the audit field. Our company has been fortunate to have his expertise while developing our internal audit department. Through his professionalism and dedication, his efforts have improved the company and its operation. We are proud of his accomplishments both here at the company and amongst his peers," said Chairman, President and Chief Executive Officer Edward Jamison.

In the article, "The Art and Science of Inquiry," Mr. Koop highlights four stages that an auditor should hold true to when conducting inquiries: gaining knowledge, devising questions, making inquiries, and receiving and assessing responses. To be a valued business advisor, the article emphasizes the importance of being able to effectively use the information obtained through the four stages.

Mr. Koop has 18 years of financial institution experience, which includes internal and external auditing and consulting. He also served as Chief Financial Officer of a de novo bank in Cincinnati, Ohio. Mr. Koop, a graduate of Northern Kentucky University, is a Certified Public Accountant, member of the Institute of Internal Auditors and Nevada Society of Certified Public Accountants.

About Community Bancorp

Community Bancorp is a bank holding company headquartered in Las Vegas, Nevada, with two operating bank subsidiaries: 1) Community Bank of Nevada, and 2) Community Bank of Arizona. Community Bank of Nevada is a Nevada state chartered bank providing a full range of commercial and consumer bank products through 13 branches located in the greater Las Vegas area. Community Bank of Arizona is an Arizona state chartered bank, which operates through three full-service branches in the greater Phoenix area. The banks provide commercial banking services, including real estate, construction and commercial loans and SBA loans, to small- and medium-sized businesses.

For more information about Community Bancorp, visit our website at www.community-bancorp.com.

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