Community Bank of Arizona to Launch Nation's First Commercial Construction Loan Program Targeting 'Green' Building Criteria

Business Wire, July 24, 2007

Bank Uses ENERGY STAR([R]) and EPA Green Standards as Criteria in Underwriting Commercial Loans for an Interest-Rate Discount

GLENDALE, Ariz. -- Community Bank of Arizona, a wholly owned subsidiary of Community Bancorp (NASDAQ: CBON), today announced the first pilot program in the nation to leverage the U.S. Environmental Protection Agency's (EPA) ENERGY STAR energy performance rating or other green building criteria to provide discounted interest rates for commercial construction, development or remodeling loans of $100,000 or more. Qualified businesses (subject to credit approval) will benefit from a half-point interest rate reduction based upon meeting standards for energy consumption and efficiency, sustainability and/or green architectural design. For the energy-specific criterion, eligible projects must meet at least a 75 rating on the EPA's ENERGY STAR 1-100 rating scale or earn the "designed for ENERGY STAR" certification.

"We applaud Community Bank of Arizona's leadership in development of a financial product that recognizes the financial value of an energy efficient building. We look forward to assisting them to launch this program and hope it can be a model in the industry," stated Stuart Brodsky, national commercial ENERGY STAR program manager for the U.S. Environmental Protection Agency.

Through the ENERGY STAR program, residential lenders and homeowners have been able to earn energy efficiency-related discounts and rebates since 1996. However, within commercial construction, "green" building standards are still vaguely defined and no similar incentive programs exist. Brodsky said that the program being offered by Community Bank of Arizona strikes the right balance for commercial property markets.

Energy consumption from the operation of commercial buildings accounts for 18 percent of U.S. carbon dioxide emissions. According to the EPA, energy use is also the single largest controllable operating expense for a commercial property. Greater cash flow through energy efficiency increases a building's value and improves owners' ability to meet mortgage payments, thus reducing lender risk at the same time as it reduces greenhouse gas emissions.

"There is a growing concern about the environment and an increasing desire to take positive action," said Jim Nelson, executive vice president and chief credit officer of Community Bank of Arizona. "The bank and its board of directors take a strong stance in encouraging green building in every way possible. We are proud to launch this program in hopes of seeing it replicated across the country. Green commercial-building practices can parallel the strides made by residential green building, with an even bigger impact. We want to help make it happen."

About ENERGY STAR

Established in 1992, ENERGY STAR is a government-backed program that helps businesses and consumers protect the environment through superior energy efficiency. Last year alone, American consumers and businesses, with the help of ENERGY STAR, saved $14 billion and prevented greenhouse gas emissions equal to those from 25 million vehicles. For more information, visit http://www.energystar.gov.

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 thirteen branches located in the greater Las Vegas area and two loan production offices in Southern California and Arizona. Community Bank of Arizona (formerly Cactus Commerce Bank), an Arizona state chartered bank, operates through three full-service branches in the greater Phoenix area and was acquired by Community Bancorp in September of 2006. It provides commercial banking services, including real estate, construction, commercial loans and SBA loans, to small and medium-sized businesses. For more information about Community Bancorp, visit our website at www.communitybanknv.com.

Member FDIC, Equal Housing Lender, SBA Preferred Lender

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