COMMUNITY NATIONAL BANCORPORATION
561 East Washington Avenue
Ashburn, Georgia 31714

NOTICE OF THE 2004 ANNUAL MEETING OF SHAREHOLDERS

     Dear Community National Bancorporation Shareholder:

     NOTICE IS HEREBY GIVEN that the 2004 Annual Meeting of Shareholders (the “Annual Meeting”) of Community National Bancorporation (the “Company”) will be held at the aforementioned place on the aforementioned date and time for the following purposes:

          1. To elect four Class II directors, each to hold office for a three-year term and until his or her successor has been duly elected and qualified;

          2. To transact such other business as may properly come before the Annual Meeting or any adjournment thereof.

     Information relating to the above matters is set forth in the Proxy Statement accompanying this Notice. Only holders of the Company’s common stock, no par value, as of the close of business on April 20, 2004 will be entitled to notice of, and to vote at, the Annual Meeting or any adjournment thereof.

     In addition to the Proxy Statement and the proxy card or broker voting instruction card, a copy of the Company’s Annual Report is enclosed with this Notice.

     You are cordially invited to attend the Annual Meeting in person. Whether or not you are able to attend the meeting, please vote your shares as instructed by these materials as soon as possible.

-3-

COMMUNITY NATIONAL BANCORPORATION
561 East Washington Avenue
Ashburn, Georgia 31714

PROXY STATEMENT FOR THE
2004 ANNUAL MEETING OF SHAREHOLDERS
To be held on May 26, 2004 at 10:00 a.m.

Questions and Answers About the Proxy Materials and the Annual Meeting

Why did you send me this proxy statement?

     The Board of Directors of Community National Bancorporation, a Georgia corporation (the “Company”), has sent this proxy statement to you to solicit your proxy to vote at the Company’s 2004 Annual Meeting of Shareholders to be held on May 26, 2004, beginning at 10:00 a.m. local time (the “Annual Meeting”). The Annual Meeting will be held at The Thrasher House, 720 Hudson Avenue, Ashburn, Georgia 31714. This proxy statement contains important information about the proposal to be considered and voted on at the Annual Meeting. However, you do not need to attend the Annual Meeting to vote your shares. Instead, you may simply complete, sign and return the enclosed proxy or voting instruction card. These proxy materials were first sent or given on or about April 27, 2004 via first class mail to all shareholders of record of the Company entitled to vote at the Annual Meeting.

Who may vote at the Annual Meeting?

     Only shareholders of record of the Company’s common stock, no par value (the “Common Stock”) at the close of business on April 20, 2004 (the “Record Date”) are entitled to vote at the Annual Meeting or any adjournment or postponement of the Annual Meeting. On the Record Date, there were 2,008,595 shares of the Common Stock issued and outstanding held by approximately 1219 shareholders of record. The Common Stock is the Company’s only class of voting stock.

How many votes do I have?

     Each share of Common Stock that you own entitles you to one vote. The enclosed proxy card indicates the number of shares of Common Stock that you own.

What if my shares are held through a broker?

     Many of the Company’s shareholders hold their shares through a broker, bank or other nominee rather than directly in their own name. As summarized below, there are some distinctions between shares held of record and those owned beneficially through a broker, bank or other nominee.