EXHIBIT 4.1



                       COMMUNITY NATIONAL BANCORPORATION

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            NON-VOTING SERIES A PREFERRED STOCK PURCHASE AGREEMENT

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                                 APRIL 9, 2003

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                                 TABLE OF CONTENTS


1.    PURCHASE AND SALE OF PREFERRED STOCK.................................. 1
      (a)   Authorization of Preferred Stock................................ 1
      (b)   Purchase of Preferred Stock..................................... 1
      (c)   Closing Date.................................................... 1
      (d)   Form of Payment and Delivery of Certificates.................... 1

2.    PURCHASER'S REPRESENTATIONS AND WARRANTIES............................ 2
      (a)   Investment Purpose.............................................. 2
      (b)   Accredited Investor Status...................................... 2
      (c)   Reliance on Exemptions.......................................... 2
      (d)   Information..................................................... 2
      (e)   No Governmental Review.......................................... 2
      (f)   Authorization, Enforcement...................................... 3
      (g)   Knowledge and Experience; Financial Capability.................. 3
      (h)   Proportionate Investment........................................ 3
      (i)   Address of Purchaser............................................ 3

3.    REPRESENTATIONS AND WARRANTIES OF THE COMPANY......................... 3
      (a)   Organization and Qualification.................................. 3
      (b)   Authorization, Enforcement...................................... 3
      (c)   Governmental Consent............................................ 4
      (d)   Issuance of Securities.......................................... 4
      (e)   No General Solicitation......................................... 4

4.    COVENANTS............................................................. 4
      (a)   Satisfaction of Conditions...................................... 4
      (b)   Use of Proceeds................................................. 4
      (c)   Expenses........................................................ 5

5.    CONDITIONS TO THE COMPANY'S OBLIGATION TO SELL........................ 5

6.    CONDITIONS TO THE PURCHASERS' OBLIGATION TO PURCHASE.................. 5

7.    MISCELLANEOUS PROVISIONS.............................................. 6
      (a)   Governing Law................................................... 6
      (b)   Counterparts; Facsimile Delivery................................ 6
      (c)   Headings........................................................ 6
      (d)   Severability.................................................... 6
      (e)   Entire Agreement; Amendments.................................... 6
      (f)   Notices......................................................... 6
      (g)   Successors and Assigns.......................................... 7
      (h)   No Third Party Beneficiaries.................................... 7

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      (i)   Survival........................................................ 7
      (j)   Further Assurances.............................................. 8
      (k)   No Strict Construction.......................................... 8


EXHIBIT A   SCHEDULE OF PURCHASERS

EXHIBIT B   CERTIFICATE OF DESIGNATION OF THE NON-VOTING SERIES A PREFERRED
            STOCK


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             NON-VOTING SERIES A PREFERRED STOCK PURCHASE AGREEMENT

     THIS NON-VOTING SERIES A PREFERRED STOCK PURCHASE AGREEMENT (the
"Agreement") is made as of April 9, 2003, by and among Community National
Bancorporation, a Georgia corporation (the "Company"), and the investors listed
on Exhibit A attached hereto (the "Schedule of Purchasers") (each such investor
   ---------
individually, a "Purchaser," and all such investors collectively, the
"Purchasers").

     WHEREAS, the Purchasers wish to purchase, and the Company wishes to sell,
upon the terms and conditions stated in this Agreement, an aggregate of 61,500
shares of the Company's Non-Voting Series A Preferred Stock, without par value
(the "Preferred Stock"), at a price of $10.00 per share.

     NOW THEREFORE, in consideration of the mutual promises, covenants and
conditions hereinafter set forth, the Company and the Purchasers hereby agree
as follows:

     1.   PURCHASE AND SALE OF PREFERRED STOCK.

          a.   Authorization of Preferred Stock.  The Board of Directors shall,
               --------------------------------
     prior to the Closing (as defined below), adopt and file with the Secretary
     of State of the State of Georgia a Certificate of Designation containing
     the preferences, limitations and relative rights of the Preferred Stock,
     substantially in the form attached hereto as Exhibit B (the "Certificate of
     Designation").

          b.   Purchase of Preferred Stock.  Subject to the satisfaction or
               ---------------------------
     waiver of the conditions set forth in Sections 5 and 6 below, the Company
     shall sell to the Purchasers, and the Purchasers shall purchase from the
     Company, shares of Preferred Stock, in the respective amounts set forth
     opposite each Purchaser's name on the Schedule of Purchasers.

          c.   Closing Date.  The date and time of the Closing (the "Closing
               ------------
     Date") shall be 10:00 a.m. Atlanta Time on the date of this Agreement, or
     such later date as is mutually agreed to by the Company and the Purchasers
     at the offices of Sutherland Asbill & Brennan LLP, 999 Peachtree Street,
     N.E., Atlanta, Georgia  30309.

          d.   Form of Payment and Delivery of Certificates.  On the Closing
               --------------------------------------------
     Date:

               (i)   Each Purchaser shall deliver funds to the Company via wire
          transfer of immediately available funds pursuant to the wire
          instructions provided by the Company in the respective amounts set
          forth opposite each Purchaser's name on the Schedule of Purchasers;
          and

               (ii)  The Company shall deliver to each Purchaser a stock
          certificate representing the total number of shares of Preferred Stock
          which such Purchaser is purchasing from the Company (as indicated
          opposite such Purchaser's name on the Schedule of Purchasers), duly
          executed on behalf of the Company and registered in the name of such
          Purchaser (the "Certificates").

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     2.   PURCHASER'S REPRESENTATIONS AND WARRANTIES.

          Each Purchaser represents and warrants with respect to only itself
     that:

          a.   Investment Purpose.  The Purchaser is acquiring the Preferred
               ------------------
     Stock, for its own account for investment only and not with a view towards,
     or for resale in connection with, the sale or distribution thereof.
     Purchaser understands that the Preferred Stock has not been registered
     under the Securities Act of 1933, as amended (the "Securities Act"), or
     any state securities laws by reason of exemptions from the registration
     provisions of the Securities Act and the various state securities laws
     which depend upon, among other things, the bona fide nature of the
     Purchaser's investment intent as expressed herein.  Purchaser understands
     that no public market now exists for the Preferred Stock and that it is
     uncertain whether a public market will ever exist for the Preferred Stock.
     Purchaser acknowledges that, because they have not been registered under
     the Securities Act, the shares of Preferred Stock it is purchasing must
     be held indefinitely unless subsequently registered under the Securities
     Act or an exemption from such registration is available.  The Certificates
     representing such Preferred Stock shall bear a restrictive legend for so
     long as such securities are restricted securities as defined by the
     Securities Act.

          b.   Accredited Investor Status.  The Purchaser is an "accredited
               --------------------------
     investor" as that term is defined in Rule 501(a)(4) of Regulation D
     under the Securities Act because Purchaser is a director of the Company.

          c.   Reliance on Exemptions.  The Purchaser understands that the
               ----------------------
     Preferred Stock is being offered and sold to it in reliance on specific
     exemptions from the registration requirements of federal and state
     securities laws and that the Company is relying in part upon the truth and
     accuracy of, and the Purchaser's compliance with, the representations,
     warranties, agreements, acknowledgments and understandings of the Purchaser
     set forth herein in order to determine the availability of such exemptions
     and the eligibility of the Purchaser to acquire such securities.

          d.   Information.  The Purchaser has had access to all material and
               -----------
     relevant information concerning the Company, thereby enabling the Purchaser
     to make an informed investment decision with respect to an investment in
     the Preferred Stock.  The Purchaser understands that its investment in the
     Preferred Stock involves a high degree of risk and a possible total loss of
     investment.  The Purchaser has sought such accounting, legal and tax advice
     as it has considered necessary to make an informed investment decision with
     respect to its acquisition of the Preferred Stock.

          e.   No Governmental Review.  The Purchaser understands that no United
               ----------------------
     States federal or state agency or any other government or governmental
     agency has passed on or made any recommendation or endorsement of the
     Preferred Stock, or the fairness or suitability of the investment in the
     Preferred Stock, nor have such authorities passed upon or endorsed the
     merits of the offering of the Preferred Stock.

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          f.   Authorization; Enforcement.  This Agreement has been duly and
               --------------------------
     validly authorized, executed and delivered on behalf of the Purchaser and
     is a valid and binding agreement of the Purchaser enforceable in accordance
     with its terms, except as such enforceability may be limited by general
     principles of equity and to applicable bankruptcy, insolvency,
     reorganization, moratorium, liquidation and other similar laws relating to,
     or affecting generally, the enforcement of applicable creditors' rights and
     remedies.

          g.   Knowledge and Experience; Financial Capability.  The Purchaser
               ----------------------------------------------
     has such knowledge and experience in financial and business matters that
     (i) the Purchaser is capable of evaluating the merits and risks of the
     investment in the Preferred Stock, (ii) the Purchaser has determined that
     such investment is suitable for the Purchaser in view of its financial
     circumstances and available investment opportunities, and (iii) the
     Purchaser has no need for liquidity of the investment and has no reason
     to believe that there will be any change in its financial circumstances
     which may cause or require any sale, transfer or other distribution of
     the Preferred Stock.

          h.   Proportionate Investment.  The Purchaser's overall commitment to
               ------------------------
     investments which are not readily marketable and which involve a high
     degree of risk is not disproportionate to the Purchaser's net worth, and
     the Purchaser's investment in the Preferred Stock will not cause such
     overall commitment to become excessive.

          i.   Address of Purchaser.  The Purchaser's address set forth below
               --------------------
     its name on the Schedule of Purchasers is the true and correct address
     of the principal residence of the Purchaser.  This Agreement was
     executed on behalf of the Purchaser within the State of Georgia.


     3.   REPRESENTATIONS AND WARRANTIES OF THE COMPANY.

          The Company represents and warrants to each of the Purchasers that are
     purchasing shares of Preferred Stock on the Closing Date that, as of the
     Closing Date:

          a.   Organization and Qualification.  The Company and its subsidiaries
               ------------------------------
     are corporations duly organized and validly existing in good standing under
     the laws of the jurisdictions in which they are incorporated, and have the
     requisite corporate power to own their properties and to carry on their
     business as now being conducted.  Each of the Company and its subsidiaries
     is duly qualified as a foreign corporation to do business and is in good
     standing in every jurisdiction in which the nature of the business
     conducted by it makes such qualification necessary, except to the extent
     that the failure to be so qualified or be in good standing would not have
     a material adverse effect on the Company and its subsidiaries taken as a
     whole.

          b.   Authorization; Enforcement.  The Company has the requisite
               --------------------------
     corporate power and authority to enter into this Agreement, and has or at
     the Closing Date will have the corporate power and authority to perform its
     obligations under this Agreement and to issue and sell the Preferred Stock
     in accordance with the terms hereof.  All corporate action on the part of
     the Company, its officers, directors and shareholders necessary for the

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     authorization, execution, delivery and performance of this Agreement by the
     Company and the authorization, sale, issuance and delivery of the Series A
     Preferred has been taken or will be taken prior to the Closing.  This
     Agreement has been duly executed and delivered by the Company.  As of the
     Closing, this Agreement will constitute the valid and binding obligation
     of the Company enforceable against the Company in accordance with its
     terms, except as such enforceability may be limited by general principles
     of equity or applicable bankruptcy, insolvency, reorganization, moratorium,
     liquidation or similar laws relating to, or affecting generally, the
     enforcement of creditors' rights and remedies.  As of the Closing, the
     Certificate of Designation will have been filed with the Secretary of State
     of the State of Georgia and will be in full force and effect, enforceable
     against the Company in accordance with its terms, except as such
     enforceability may be limited by general principles of equity or applicable
     bankruptcy, insolvency, reorganization, moratorium, liquidation or similar
     laws relating to, or affecting generally, the enforcement of creditors'
     rights and remedies.

          c.   Governmental Consent.  No consent, approval, order or
               --------------------
     authorization of, or registration, qualification, designation, declaration
     or filing with, any federal, state or local governmental authority on the
     part of the Company is required in connection with the consummation of the
     transactions contemplated by this Agreement and the offer, sale or issuance
     of the Series A Preferred, except for filings pursuant to Regulation D
     under the Securities Act and similar state securities law filings, which
     filings will be effected within the applicable period therefore.

          d.   Issuance of Securities.  At the Closing, the Preferred Stock
               ----------------------
     will be duly authorized and, upon issuance in accordance with the terms
     hereof, shall be validly issued, fully paid and nonassessable, free from
     all taxes, liens and charges with respect to the issue thereof, with the
     holders being entitled to all rights accorded to a holder of Preferred
     Stock.

          e.   No General Solicitation.  Neither the Company, nor any of its
               -----------------------
     affiliates, nor any person acting on its or their behalf, has engaged in
     any form of general solicitation or general advertising (within the meaning
     of Regulation D) in connection with the offer or sale of the Preferred
     Stock.


     4.   COVENANTS.

          a.   Satisfaction of Conditions.  Each party shall use its
               --------------------------
     commercially reasonable best efforts timely to satisfy each of the
     conditions to be satisfied by it as provided in Sections 5  and 6 of this
     Agreement.

          b.   Use of Proceeds.  The Company intends to use the proceeds from
               ---------------
     the sale of the Preferred Stock to make a principal payment on a line of
     credit facility that was due on April 1, 2003, to pay the amounts set
     forth in Section 4(c) and to pay other expenses of the Company.

          c.   Expenses.  The Company shall pay the reasonable costs and
               --------
     expenses incurred by each Purchaser incurred in connection with the

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<PAGE>
     negotiation, investigation, preparation, execution and delivery of this
     Agreement or any other agreements necessary for each such Purchaser to
     finance its obligation to pay the purchase price of the Preferred Stock
     it is purchasing.


     5.   CONDITIONS TO THE COMPANY'S OBLIGATION TO SELL.

          The obligations of the Company hereunder to sell the Preferred Stock
     to the Purchasers at the Closing are subject to the satisfaction, at or
     before the Closing Date, of each of the following conditions, provided that
     these conditions are for the Company's sole benefit and may be waived by
     the Company at any time in its sole discretion:

          a.   Each Purchaser shall have executed this Agreement and delivered
     the same to the Company.

          b.   Each Purchaser shall have delivered to the Company the purchase
     price for the Preferred Stock being purchased by the Purchaser at the
     Closing in accordance with Section 1(d)(ii).

          c.   The representations and warranties of each Purchaser contained
     in this Agreement shall be true and correct in all material respects on
     and as of the Closing Date and each Purchaser shall have performed,
     satisfied and complied in all material respects with the covenants,
     agreements and conditions required by this Agreement to be performed,
     satisfied or complied with by the Purchaser at or prior to the Closing
     Date.

          d.   The Company shall have obtained any and all consents, permits
     and waivers necessary or appropriate for consummation of the transactions
     contemplated by this Agreement (except for such as may be properly obtained
     subsequent to the Closing Date).


     6.   CONDITIONS TO THE PURCHASERS' OBLIGATION TO PURCHASE.

          The obligation of the Purchasers hereunder to purchase the Preferred
     Stock at the Closing is subject to the satisfaction, at or before the
     Closing Date, of each of the following conditions, provided that these
     conditions are for the Purchasers' sole benefit and may be waived by the
     Purchasers at any time in their sole discretion:

          a.   The Company shall have executed this Agreement and delivered the
     same to the Purchasers.

          b.   The representations and warranties of the Company contained in
     this Agreement shall be true and correct in all material respects on and as
     of the Closing Date, and the Company shall have performed, satisfied and
     complied in all material respects with the covenants, agreements and
     conditions required by this Agreement to be performed, satisfied or
     complied with by the Company at or prior to the Closing Date.

          c.   The Company shall at the Closing execute and deliver to each
     Purchaser the respective Certificates (in such denominations as each
     Purchaser shall request) for the Preferred Stock being purchased by such
     Purchaser at the Closing.

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<PAGE>
          d.   The Company shall have obtained any and all consents, permits
     and waivers necessary or appropriate for consummation of the transactions
     contemplated by the Agreements (except for such as may be properly obtained
     subsequent to the Closing Date).


     7.   MISCELLANEOUS PROVISIONS.

          a.   Governing Law.  This Agreement shall be governed by and
               -------------
     interpreted in accordance with the laws of the State of Georgia without
     regard to the principles of conflict of laws.

          b.   Counterparts; Facsimile Delivery.  This Agreement may be executed
               --------------------------------
     in two or more counterparts, each of which shall be an original and all of
     which shall be considered one and the same agreement.  This Agreement may
     be executed and delivered via facsimile transmission.  In the event any
     signature page is delivered by facsimile transmission, the party using such
     means of delivery shall cause such number of original executed signature
     pages as the other parties reasonably request to be physically delivered
     to such parties within five  (5) days of the execution and delivery hereof,
     provided, however, that failure to deliver such original executed signature
     pages shall not affect the validity of this Agreement.

          c.   Headings.  The headings of this Agreement are for convenience of
               --------
     reference and shall not form part of, or affect the interpretation of, this
     Agreement.

          d.   Severability.  If any provision of this Agreement shall be
               ------------
     invalid or unenforceable in any jurisdiction, such invalidity or
     unenforceability shall not affect the validity or enforceability of the
     remainder of this Agreement in that jurisdiction or the validity or
     enforceability of any provision of this Agreement in any other
     jurisdiction.

          e.   Entire Agreement; Amendments.  This Agreement supersedes all
               ----------------------------
     other prior oral or written agreements between the Purchasers, the Company,
     their affiliates and persons acting on their behalf with respect to the
     matters discussed herein, and this Agreement and the instruments, exhibits
     and schedules referenced herein contain the entire understanding of the
     parties with respect to the matters covered herein and therein and, except
     as specifically set forth herein or therein, neither the Company nor any
     Purchaser makes any representation, warranty, covenant or undertaking with
     respect to such matters. Any term of this Agreement may be waived or
     amended in writing and only with the written consent of the Company and the
     holders of a majority of the shares of Preferred Stock then outstanding.

          f.   Notices.  Any notices, consents, waivers, or other communications
               -------
     required or permitted to be given under the terms of this Agreement must be
     in writing and will be deemed to have been delivered (i) upon receipt, when
     delivered personally; (ii) upon receipt, when sent by facsimile or
     electronic mail (with receipt confirmed and promptly confirmed by personal
     delivery, U.S. first class mail, or overnight delivery), (iii) three (3)
     days after being sent by U.S. registered or certified mail, postage
     prepaid, return receipt requested; or (iv) one (1) day after deposit with a

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<PAGE>
     nationally recognized overnight delivery service, in each case properly
     addressed to the party to receive the same.  The addresses and facsimile
     numbers for such communications shall be:

          If to the Company:

          Community National Bancorporation
          561 East Washington Avenue
          Box 2619
          Ashburn, Georgia  31714
          Attention:  Ruth Raines
          Telephone:  (229) 567-9686
          Facsimile:  (229) 567-3227

          With a copy to (which shall not constitute notice):

          Sutherland Asbill & Brennan LLP
          999 Peachtree Street, N.E.
          Atlanta, Georgia 30309
          Attn: B. Knox Dobbins, Esq.
          Telephone:  (404) 853-8053
          Facsimile:  (404) 853-8806


     If to the Purchaser, to such Purchaser's address and facsimile number on
     the Schedule of Purchasers.  Each party shall provide five (5) days' prior
     written notice to the other parties of any change in its address or
     facsimile number.

          g.   Successors and Assigns.  This Agreement shall be binding upon and
               ----------------------
     inure to the benefit of the parties and their respective successors and
     assigns.  The Company may not assign this Agreement or any rights or
     obligations hereunder without the prior written consent of the Purchasers.
     No Purchaser may assign its rights hereunder without the consent of the
     Company, and no assignment shall release such Purchaser from its
     obligations hereunder unless such obligations are assumed by such assignee
     and the Company has consented to such assignment and assumption.

          h.   No Third Party Beneficiaries.  This Agreement is intended for the
               ----------------------------
     benefit of the parties hereto and their respective permitted successors and
     assigns, and is not for the benefit of, nor may any provision hereof be
     enforced by, any other person.

          i.   Survival.  The representations and warranties of the Company and
               --------
     the Purchasers contained in Sections 2 and 3, the agreements and covenants
     set forth in Sections 4 and 7(j) shall survive the Closing for a period of
     one (1) year; provided however, that each Purchaser shall be responsible
     only for its own representations, warranties, agreements and covenants
     hereunder.

          j.   Further Assurances.  Each party shall do and perform, or cause to
               ------------------
     be done and performed, all such further acts and things, and shall execute

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     and deliver all such other agreements, certificates, instruments and
     documents, as the other party may reasonably request in order to carry out
     the intent and accomplish the purposes of this Agreement and the
     consummation of the transactions contemplated hereby.

          k.   No Strict Construction.  The language used in this Agreement will
               ----------------------
     be deemed to be the language chosen by the parties to express their mutual
     intent, and no rules of strict construction will be applied against any
     party.

     IN WITNESS WHEREOF, the Purchasers and the Company have caused this Series
A Preferred Stock Purchase Agreement to be duly executed as of the date first
written above.


                                        "COMPANY"

                                        Community National Bancorporation



                                        By:    /s/Theron G. Reed
                                               -----------------------------
                                        Name:  Theron G. Reed
                                        Its:   President and Chief Executive
                                               Officer

                      [Signatures continue on following page.]

                                        9
<PAGE>
                                        "PURCHASERS"


                                        By:    /s/Shirley Crawford
                                               -----------------------------
                                        Name:  Shirley Crawford


                                        By:    /s/Benny W. Denham
                                               -----------------------------
                                        Name:  Benny W. Denham


                                        By:    /s/Willis R. Collins
                                               -----------------------------
                                        Name:  Willis R. Collins


                                        By:    /s/Lloyd G. Ewing
                                               -----------------------------
                                        Name:  Lloyd G. Ewing


                                        By:    /s/Freddie J. Weston
                                               -----------------------------
                                        Name:  Freddie J. Weston


                                        By:    /s/ Grady Moore
                                               -----------------------------
                                        Name:  Grady Moore


                                        By:    /s/Ruth Raines
                                               -----------------------------
                                        Name:  Ruth Raines


                                        By:    /s/B.E. Walker
                                               -----------------------------
                                        Name:  B.E. Walker


                                        By:    /s/Jimmie Ann Ward
                                               -----------------------------
                                        Name:  Jimmie Ann Ward


                                        By:    /s/T. Brinson Brock, Sr.
                                               -----------------------------
                                        Name:  T. Brinson Brock, Sr.

                     [Signatures continue on following page.]

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                                        By:    /s/Donald M. Crews
                                               -----------------------------
                                        Name:  Donald M. Crews


                                        By:    /s/Bobby Y. Franklin
                                               -----------------------------
                                        Name:  Bobby Y. Franklin


                                        By:    /s/Joe S. Sheppard
                                               -----------------------------
                                        Name:  Joe S. Sheppard


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