<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (date of earliest event reported)
September 21, 1995
COMMUNITY FINANCIAL CORPORATION
(Exact name of Registrant as specified in its Charter)
Delaware 0-18265 54-1532044
(State or other (Commission (IRS Employer
jurisdiction of File No.) Identification
incorporation) Number)
38 North Central Avenue, Staunton, Virginia 24401
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (540) 886-0796
N/A
(Former name or former address, if changed since last Report)
<PAGE>
<PAGE>
Item 5. Other Events
The Registrant issued the attached press release on September 21,
1995.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits
(c) Exhibits:
Exhibit 99 - Press Release dated September 21, 1995
<PAGE>
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this Report to be signed on its
behalf by the undersigned thereunto duly authorized.
COMMUNITY FINANCIAL CORPORATION
Date: September 21, 1995 By: /S/ JANE C. HICKOK
Jane C. Hickok, President
and Chief Executive Officer
<PAGE>
<PAGE>
EXHIBIT 99
COMMUNITY FINANCIAL CORPORATION
NEWS RELEASE
FOR IMMEDIATE RELEASE CONTACT: Jane C. Hickok
President and Chief
Executive Officer
(540) 886-0796
COMMUNITY ANNOUNCES ELECTION OF PRESIDENT AND CHIEF EXECUTIVE OFFICER
Staunton, VA. September 21, 1995......Community Financial Corporation
announced today the election of Thomas W. Winfree to the position of
President, Chief Executive Officer and Director of the Company and its
subsidiary, Community Federal Savings Bank effective October 1, 1995.
Mr. Winfree will succeed Jane C. Hickok, who has been Interim
President and Chief Executive Officer of the Company and the Bank.
Mr. Winfree will be relocating to Staunton, Virginia from Warrenton,
Virginia where he held the position of President, Chief Executive
Officer and Director of Jefferson Savings and Loan Association since
1989. He joined Jefferson Savings and Loan in 1984 as Senior Vice
President and Chief Administrative Officer.
He has been active in the financial services industry since 1971. Mr.
Winfree graduated with a B. S. Degree in Commerce and Accounting from
the University of Richmond and has been involved in industry related
continuing education courses through his career.
Mr. Winfree is married and has two sons.