SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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)
January 24, 2000
COMMUNITY FINANCIAL CORPORATION
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(Exact name of Registrant as specified in its Charter)
Virginia 0-18265 54-1532044
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(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification No.)
38 North Central Avenue, Staunton, Virginia 24401
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (540) 886-0796
N/A
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(Former name or former address, if changed since last report)
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Item 5. Other Events
On January 24, 2000, the Registrant issued the attached press release
announcing the resignation of Thomas W. Winfree, the Registrant's President and
Chief Executive Officer.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99. Press Release, January 24, 2000
<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: February 2, 2000 By: /S/ P. DOUGLAS RICHARD
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P. Douglas Richard, Acting President
and Chief Executive Officer
FOR IMMEDIATE RELEASE
January 24, 2000
Contact: P. Douglas Richard
(540) 886-0796
COMMUNITY FINANCIAL CORPORATION
ANNOUNCES RESIGNATION OF PRESIDENT AND CEO
Staunton, Va. - Community Financial Corporation (NASDAQ - CFFC)
announced that Thomas W. Winfree has resigned as President and Chief Executive
Officer to pursue other career interests. James R. Cooke, Jr., Chairman of the
Board of Directors, expressed the Board's gratitude to Mr. Winfree for his years
of service to the Company. The Bank and Mr. Winfree are negotiating the
settlement of his employment agreement.
P. Douglas Richard has been named acting President and Chief Executive
Officer. Mr. Richard, 55, has served as Regional President of Community
Financial Corporation since 1997 and supervises the Company's operations in the
Hampton Roads Region.
