COMMUNITY NATIONAL BANCORPORATION ENTERS INTO AN AGREEMENT WITH TRIDENT SECURITIES

Community National Bancorporation (OTCBB: CBAC) (the Company"), announced today that it has entered into an agreement with Trident Securities, a division of McDonald Investments Inc. (Trident"), for Trident to provide financial advisory services to the Company. The services will consist of an evaluation of the strategic alternatives available to the Company in order to maximize shareholder value, including a possible sale or merger of the Company.

ASHBURN, GA, (---September 18, 2002---) Community National Bancorporation (OTCBB: CBAC) (the Company"), announced today that it has entered into an agreement with Trident Securities, a division of McDonald Investments Inc. (Trident"), for Trident to provide financial advisory services to the Company. The services will consist of an evaluation of the strategic alternatives available to the Company in order to maximize shareholder value, including a possible sale or merger of the Company.

We believe that it is important, particularly considering the current challenging economic environment, to pursue all avenues available to the Company to maximize shareholder value," said Theron G. Reed, President and Chief Executive Officer of the Company. We look forward to working with Trident Securities to determine the best course of action for the Company."

The agreement calls for Trident to have exclusive rights to perform the financial advisory services for the Company for a period of 90 days from the date of the agreement and states that the Company may choose in its sole discretion to pursue or not to pursue any potential sale or merger of the Company with an interested party identified by Trident.

About Community National Bancorporation

Community National Bancorporation is an Ashburn, Georgia-based bank holding company conducting a commercial banking business serving Turner, Crisp and Camden Counties, Georgia and Pinellas County, Florida, through the operation of three wholly-owned subsidiaries, Community National Bank, Cumberland National Bank, and First National Bank, Tarpon Springs, and has total assets of approximately $250 million.

For further information about the Company, call Theron G. Reed at (229) 567-2177.

THIS PRESS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS REGARDING POTENTIAL FUTURE EVENTS AND DEVELOPMENTS AFFECTING THE BUSINESS OF THE COMPANY. THE COMPANY WISHES TO TAKE ADVANTAGE OF CERTAIN SAFE HARBOR" PROVISIONS REGARDING FORWARD-LOOKING STATEMENTS.