Exhibit 14.1



COMMUNITY
BANCORP INC.

AND

COMMUNITY NATIONAL BANK



CODE OF
CONDUCT



This Code applies to all officers, employees
and directors (collectively Covered Persons) of Community Bancorp Inc. and its banking subsidiary (collectively the Company). Each Covered Person shall annually review and sign a Corporate Code of Conduct Statement
confirming their understanding of this Code and their agreement to abide by it.



The Company has adopted this Code of Conduct that shall be attached as an exhibit to the Companys annual report.



This Code of Conduct is required by the United States securities laws and the rules and regulations of the Securities and Exchange Commission (the
Commission) as well as the listing standards of NASDAQ as being necessary to deter wrongdoing and to promote:



| | (i) | honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships,
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| | (ii) | full, fair, accurate, timely, and understandable disclosure in reports and documents that a company files with, or submits to, the Commission and in other public communications made
by the company,
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| | (iii) | compliance with applicable governmental laws, rules and regulations,
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| | (iv) | the prompt internal reporting of code violations to an appropriate person or persons identified in the code; and
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| | (v) | accountability for adherence to the code.
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|1. | Each Covered Person must avoid any transaction or arrangement that would create a conflict of interest or the appearance of a conflict of interest between personal and
professional relationships.
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A conflict of
interest may be generally defined as a conflict between the Covered Persons private interests and his or her responsibilities to the Company or an entity with which the Company maintains a relationship. A conflict of interest can also arise
when an immediate family member is involved in a transaction or arrangement that in any way casts doubt upon the Covered Persons independence. An immediate family member includes a Covered Persons spouse, parents, children,
siblings, mothers and fathers-in-law, sons and daughters-in-law, brothers-in-law, and anyone (other than employees) who shares the Covered Persons home.



For further guidance on the Companys policies pertaining to conflicts of interest, please refer to the Companys Conflict of Interest Policy
in the Employees Handbook and the Board of Directors Policy.



|2. | Covered Persons may only accept items of nominal value as gifts from the Company or any individual or entity that is involved or seeks to become involved in a business
relationship with the Company.
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Gifts to
Covered Persons must be inexpensive, unsolicited and not given with the objective of influencing the Covered Persons judgment. It is acceptable for a Covered Person to accept modest meals or other inexpensive forms of entertainment from
individuals or entities that are involved or seek to become involved in a business relationship with the Company as long as these items are not provided in order to influence the Covered Persons business judgment or decision. Under no
circumstances is a Covered Person permitted to accept payments, loans, kickbacks, bribes, special privileges or services from anyone. If there are any questions or borderline cases, Covered Persons should discuss them with the Companys
Chairman of the Audit Committee.



Please refer to the
Companys Employees Handbook for further details on the Companys policies on gifts.



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|3. | All Covered Persons are responsible for maintaining accurate financial records for the Company.
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Covered Persons must closely adhere to the following accounting guidelines:



| | (i) | All assets, liabilities and transactions of the Company should be accurately recorded in accordance with the Companys record keeping procedures and generally accepted
accounting principles;
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| | (ii) | No false or misleading entries are permitted to be knowingly made or caused to be made in the Companys record books, even if such entries would not be material to the Company
or its operations as a whole; and
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| | (iii) | Any entries that are inaccurate, false or irregular should be promptly reported to a member of the Audit Committee for an immediate corrective action.
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|4. | Covered Persons must recognize that confidential information is an asset of the Company, and must refrain from using inside information to their personal advantage.
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Covered Persons must maintain the
confidentiality of information entrusted to them by the Company or its customers or suppliers, except when disclosure is authorized or legally mandated. Confidential information includes all non-public information that might be of use to
competitors, or harmful to the Company or its customers or suppliers, if disclosed. Covered Persons should refer to the Companys Privacy Policy for further guidance.



At its core, the prohibition against insider trading focuses on the buying, selling or trading in securities using
non-public information. The prohibition applies to securities of the Company as well as to customers and suppliers of the Company, or any entity with which the Company has a business relationship. Covered Persons are in a unique position to acquire
non-public information about the Company, and such information might influence their decision to buy, sell or trade securities. In addition to refraining from using inside information in making their own investment decisions, Covered Persons should
also avoid discussing the inside information with friends or immediate family members (whether at home or in the public) or mailing or faxing the inside information to outside sources unless appropriate confidentiality agreements are in place to
ensure that material, non-public information is not used improperly. Covered Persons should refer to the Companys Insider Trading Policy for further guidance.



|5. | The conduct of Covered Persons should be governed by the highest standards of integrity and fairness.
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Covered Persons should avoid those situations in which outside personal
interests conflict with the Companys business. These situations include:



| | (i) | Ownership by a Covered Person, or a member of his or her immediate family, of a material financial interest in any outside enterprise that is involved or seeks to become involved in
a business relationship with the Company;
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| | (ii) | Ownership by a Covered Person, or a member of his or her immediate family, of a material financial interest in any outside enterprise that competes for business with the Company;
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| | (iii) | Outside employment of a Covered Person, or a member of his or her immediate family, whether as a consultant, director, officer, employee or independent contractor, with an entity
that is involved or seeks to become involved in a business relationship with the Company;
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| | (iv) | Conflicts of interest arise or may be inferred if a Covered Person was employed by the registered public accounting firm hired by the Company to perform any audit service for the
Company and the Covered Person participated in the audit during the preceding year. Covered Persons must immediately disclose any such situations to the Companys audit committee and Companys Chairman of the Audit Committee.
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| | (v) | Appointment of a Covered Person, or a member of his or her immediate family, to a public office, board or commission that may create an appearance of a conflict of interest between
the goals and purposes of that organization and the Companys business. Such appointment would include a public service organization or a not-for-profit organization.
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For further information, Covered Persons should refer to the Companys Employee Handbook.



|6. | Covered Persons must not take for themselves opportunities that they discover while working for the Company, or use corporate property or information for personal gain.
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Covered Persons must not (a) take personal
advantage of a situation or knowledge acquired through the use of his or her position or the Companys property, if the situation or knowledge could be used for the Companys benefit, (b) use his or her position or Company property or
information for personal gain, or (c) compete with the Company. Covered Persons owe a duty to the Company to advance its interests whenever the opportunity arises.



|7. | In drafting periodic reports that are to be filed with the Securities and Exchange Commission, Covered Persons should take all steps necessary to ensure full, fair, accurate,
timely and complete disclosure.
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| | (i) | Go Beyond the Minimum Disclosure Required by Law. While in the past periodic reporting has focused on disclosing only those items that were mandated by the law, Covered
Persons should go beyond the minimum requirements to convey the full financial picture of the Company to the public. Areas of special attention include: off-balance sheet structures, insider and affiliated party transactions, board relationships,
accounting policies, and auditor relationships.
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| | (ii) | Make Sure All Relationships that Could Give Rise to Any Perceived Conflicts are Fully Disclosed. Given the recent focus of lawmakers on a more complete disclosure of any
material conflict of interest to the public, it is important to ensure that any transaction that threatens to create the appearance of a conflict of interest must be fully disclosed in the Companys periodic reports.
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| | (iii) | Use the MD&A Section to Paint a Complete Picture of the Companys Financial Condition. A well-written MD&A analysis should be used in order to explain fully all
of the key factors, risks and assumptions that support the Companys business model. While the analysis is far from being an exact science, the MD&A analysis should be used to appraise fully and accurately the investors of the
Companys financial condition.
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| | (iv) | Use More Plain English. Even though the plain English rules presently do not apply to periodic reports on Forms 10-K and 10-Q, the basic requirements, such as the
use of active voice and avoidance of unnecessarily legalistic language, should nonetheless be utilized in discussions of the Companys financial condition. Over the years, accounting rules have grown increasingly complex, and simple economic
facts are often obscured with the use of complicated legal or technical terminology. Covered Persons should strive to present their analysis of the Companys financial condition in such a way that average investors could reasonably be expected
to understand the importance of the information contained in the periodic reports.
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| | (v) | Seek Guidance from the Audit Committee. With an increased emphasis on a better conformity with accounting standards, Covered Persons should maintain a constant working
relationship with the Audit Committee to ensure that accounting standards are being applied uniformly and that the Companys disclosure is supported by sound judgment and analysis.
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| | (vi) | Provide Management with Ample Time to Review and Comment on Disclosure Documents. In an effort to meet periodic reporting deadlines, the Companys management is often
not provided with an adequate opportunity to review each disclosure document and to assess its completeness and accuracy. Covered Persons should focus on completing the financial disclosure in periodic reports well ahead of the timing deadlines to
allow more time for review by management and auditors.
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|8. | Covered Persons must comply with all laws and regulations that apply to the Companys business and maintain professional decorum and protocol in all business relations.
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All Covered Persons should understand those
laws that apply to them in the performance of their duties and ensure that their decisions and actions are conducted in conformity with those laws. Any violation of the applicable laws can subject the Company or the implicated Covered Person to
liability. Any inquiries relating to compliance with applicable laws and regulations should be directed to the Companys Chairman of the Audit Committee.



|9. | Every Covered Person is expected to know the laws and regulations applicable to his or her conduct, and comply with this Code of Conduct. Compliance with this Code of Conduct is
critical element of the Companys corporate governance.
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Any violation of the law and this Code of Conduct and the other Policies of the Company can negatively reflect upon the Company, subject the Company to liability, and result in the personal liability of the affected
Covered Person. The examples of and degrees of violations of this Code of Conduct are too numerous to describe. Therefore, the remedial actions and possible penalties for a Covered Persons infringement of this Code of Conduct will be resolved
based on the specific facts of each case. Covered Persons should be aware; however, that termination of their employment could occur if these principles are violated in any way.



Furthermore, the Company may not refrain from disclosing evidence of a violation to the appropriate authorities, and may
pursue criminal or civil penalties against Covered Persons found to be in violation of this Code of Conduct.



Any change in the Companys Code of Conduct or any waiver of this Code of Conduct for executive officers and directors must be approved by the
Companys board of directors and immediately reported on a Form 8-K.



As noted above, the Company is required to monitor and audit the effectiveness of this Code. It is responsibility and duty of Covered Persons to bring violations or perceived violation to the attention of the
Companys Chairman of the Corporate Governance/Nominating Committee. With respect to the Companys accounting, internal controls and auditing matters, any complaints or actual or potential violations of the Companys accounting,
internal controls and auditing matters, must be reported directly to the Companys audit committee and board of directors.



The Companys Corporate Governance/Nominating Committee shall review and approve or disapprove all related party transactions (as defined in
Regulation SK) and potential conflicts of interest under this Code of Conduct on an on going basis. Waivers of the Code will be granted only when necessary and warranted so as to protect the Company to the greatest extent possible.



If you have any questions regarding this Code, please feel free to contact
the Chairman of the Corporate Governance/Nominating Committee. All reported complaints of questionable behavior by Covered Persons concerning this Code shall be kept in strict confidence and shall not be disclosed except if the Company is required
by law without the express consent of the Covered Person. Complaints concerning questionable behavior may be made on an anonymous basis pursuant to the procedures set forth in the Companys Employee Handbook. Additionally, the Sarbanes/Oxley
Act of 2002 establishes protections for employees filing complaints.



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