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Exhibit 99.1
 (COMMUNITY BANCORP LOGO)
    
    (VallyBancorp LOGO)Contacts:
    
    Edward Jamison  CEO
    
    Barry Hulin  CEOLarry Scott  COO
    
    (702) 821-4100(702) 878-0700




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About Community Bancorp
  About Valley Bancorp
  Forward Looking Statements
 Statements concerning future performance, developments or events, expectations for growth and
income forecasts, and any other guidance on future periods, constitute forward-looking statements
that are subject to a number of risks and uncertainties. Actual results may differ materially from
stated expectations. Specific factors include, but are not limited to the possibility that planned
acquisitions and relative cost savings cannot be realized or realized within the expected time
frame; revenues are lower than expected; competitive pressure among depository institutions
increases significantly; the integration of acquired businesses costs more, takes longer or is less
successful than expected; the cost of additional capital is more than expected; a change in the
interest rate environment reduces interest margins; general economic conditions, either nationally
or in the market areas in which Community Bancorp and Valley Bancorp do business, are less
favorable than expected; legislative or regulatory requirements or changes adversely affect
Community Bancorps and Valley Bancorps respective businesses; changes in the securities markets;
Community Bancorps ability to consummate the acquisition of Valley Bancorp, or to achieve expected
synergies and operating efficiencies within expected time-frames or at all or to successfully
integrate Valley Bancorps operations; regulatory approvals for the proposed acquisitions cannot be
obtained on the terms expected or on the anticipated schedule. Additional information on these and
other factors that Community Bancorp could affect financial results are included in our Securities
and Exchange Commission filings.
 When used in this release, the words or phrases such as is expected to be, management expects
that, will continue, is anticipated, estimate, projected, or similar expressions, are
intended to identify




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forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 (PSLRA). Readers should not place undue reliance on the
forward-looking statements, which reflect managements view only as of the date hereof. Community
Bancorp undertakes no obligation to publicly revise these forward-looking statements to reflect
subsequent events or circumstances. This statement is included for the express purpose of
protecting Community Bancorp within PSLRAs safe harbor provisions.
 Securities Law Matters
 This News Release may be deemed to be solicitation material in respect to the proposed transaction
between Community Bancorp and Valley Bancorp pursuant to an Agreement to Merge and Plan of
Reorganization, dated as of June 28, 2006 by and among Community Bancorp and Valley Bancorp (the
Agreement). Filing of this News Release is being made in connection with Rules 165, 425 and
14a-12 promulgated by the Securities and Exchange Commission (SEC).
 In connection with the proposed transaction, Community Bancorp will file with the SEC a
registration statement on SEC Form S-4. The registration statement will contain a joint proxy
statement/prospectus which will describe the proposed transaction and its proposed terms and
conditions. Shareholders of Community Bancorp and Valley
Bancorp are encouraged to read the registration material and proxy statement/prospectus before
making any voting or investment decisions because these documents will contain important
information about the transaction. A definitive joint proxy statement will be sent to the
shareholders of each institution seeking required shareholder approvals. A copy of the Agreement
will be filed in the near future with the SEC as an exhibit to Community Bancorps 8-K, a separate
filing from the Form S-4. The registration statement, the Form 8-K and all other documents filed
with the SEC in connection with the transaction will be available for free when filed, both on
SECs web-site ( www.sec.gov ) or by contacting Cathy Robinson, Executive Vice President and
Chief Financial Officer, Community Bancorp, 400 South 4 th Street, Las Vegas,
Nevada 89101. Additionally, all forms filed with the SEC and additional shareholder information is
available free of charge on Communitys web-site: www.communitybanknv.com . Community posts
these reports to its web-site as soon as reasonably practicable after filing them with the SEC.
None of the information on or hyper-linked from Communitys web-site is incorporated into this
press release.