| Vermont                                                                                             | 03-0284070                           |
|-----------------------------------------------------------------------------------------------------|--------------------------------------|
| (State of Incorporation)                                                                            | (IRS Employer Identification Number) |
| Address of Principal Executive Offices:  4811 US Route 5, Derby, Vermont  05829 |

| Title of Each Class | Name of each exchange on which registered |
|---------------------|-------------------------------------------|
| NONE                | NONE                                      |

| Large accelerated filer (  ) |                                          | Accelerated filer (  ) |
|----------------------------------------|-----------------------------------------------|----------------------------------|
| Non-accelerated filer (  )   | (Do not check if a smaller reporting company) | Smaller reporting company (X)    |

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| FORM 10-K/A ANNUAL REPORT |
|---------------------------|
| Table of Contents         |
|                      |   |   |
| PART I                    |   | Page |
|                      |   |   |
| Item 1                    | The Business | 4 |
| Item 1A                   | Risk Factors | 13 |
| Item 1B                   | Unresolved Staff Comments | 13 |
| Item 2                    | Properties | 13 |
| Item 3                    | Legal Proceedings | 15 |
| Item 4                    | [Reserved] | 15 |
|                      |   |   |
| PART II                   |   |   |
|                      |   |   |
| Item 5                    | Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases |   |
|                      |     of Equity Securities | 15 |
| Item 6                    | Selected Financial Data | 15 |
| Item 7                    | Management's Discussion and Analysis of Financial Condition and Results of Operation | 16 |
| Item 7A                   | Quantitative and Qualitative Disclosures About Market Risk | 16 |
| Item 8                    | Financial Statements and Supplementary Data | 16 |
| Item 9                    | Changes in and Disagreements with Accountants on Accounting and Financial Disclosures | 16 |
| Item 9A(T)                | Controls and Procedures | 16 |
| Item 9B                   | Other Information | 17 |
|                      |   |   |
| PART III                  |   |   |
|                      |   |   |
| Item 10                   | Directors, Executive Officers and Corporate Governance | 17 |
| Item 11                   | Executive Compensation | 17 |
| Item 12                   | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder |   |
|                      |    Matters | 17 |
| Item 13                   | Certain Relationships and Related Transactions, and Director Independence | 18 |
| Item 14                   | Principal Accounting Fees and Services | 18 |
| PART IV                   |   |   |
|                      |   |   |
| Item 15                   | Exhibits and Financial Statement Schedules | 18 |
|                      | Signatures | 20 |

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|                                |   |            |   |   |           |   |   |                |   |   | Maximum           |   |
|-------------------------------------|--------|-----------------|--------|--------|----------------|--------|--------|---------------------|--------|--------|-------------------|--------|
|                                |   |            |   |   |           |   |   |                |   |   | Number of Shares  |   |
|                                |   |            |   |   |           |   |   | Total Number of     |   |   | That May Yet Be   |   |
|                                |   | Total Number    |   |   |           |   |   | Shares Purchased    |   |   | Purchased Under   |   |
|                                |   | of Shares       |   |   | Average Price  |   |   | as Part of Publicly |   |   | the Plan at the   |   |
| For the month ended:                |   | Purchased(1)(2) |   |   | Paid Per Share |   |   | Announced Plan      |   |   | End of the Period |   |
|                                |   |            |   |   |           |   |   |                |   |   |              |   |
| October 1 - October 31              |   |            | 0      |   |           | $      | 0      |                |   |   | N/A               |   |   |   | N/A |   |
| November 1 - November 30            |   |            | 6,000  |   |           | $      | 7.80   |                |   |   | N/A               |   |   |   | N/A |   |
| December 1 - December 31            |   |            | 356    |   |           | $      | 8.50   |                |   |   | N/A               |   |   |   | N/A |   |
|      Total |   |            | 6,356  |   |           | $      | 7.84   |                |   |   | N/A               |   |   |   | N/A |   |

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| COMMUNITY BANCORP. |
|--------------------|

| BY: /s/ Stephen P. Marsh               |   | Date:  March 30, 2010 |
|-------------------------------------------------------------------------------------------------------------------|--------|---------------------------------|
|    Stephen P. Marsh, President                                                                     |   |                            |
|    and Chief Executive Officer                                                                     |   |                            |