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        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><b><font size="2">UNITED
        STATES</font></b></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center">
        <b><font size="2">SECURITIES AND EXCHANGE COMMISSION</font></b></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center">
        <b><font size="2">Washington, D.C. 20549</font></b></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center">
        <b><font size="2">___________</font></b></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><b><font size="3">FORM
        8-K</font></b></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center">
        <b><font size="2">CURRENT REPORT</font></b></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center">
        <b><font size="2">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
        1934</font></b></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><font size="2">Date of
        Report (Date of earliest event reported):</font> <b><font size="2">January 14,
        2008</font></b></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center">
        <b><font size="2">___________</font></b></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center">
        <b><font size="3">TRANSCOMMUNITY FINANCIAL CORPORATION</font></b></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><font size="2">(Exact
        name of registrant as specified in its charter)</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center">&nbsp;</p>

        <div align="center">
            <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="638" border="0">
                <tr>
                    <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="213">
                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center">
                        <b><font size="2">Virginia</font></b></p>

                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center">
                        <font size="2">(State or other jurisdiction</font></p>

                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center">
                        <font size="2">of incorporation)</font></p>
                    </td>

                    <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" colspan="2">
                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center">
                        <b><font size="2">000-33355</font></b></p>

                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 3pt; TEXT-ALIGN: center">
                        <font size="2">(Commission</font></p>

                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center">
                        <font size="2">File Number)</font></p>
                    </td>

                    <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="213">
                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center">
                        <b><font size="2">54-2032355</font></b></p>

                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center">
                        <font size="2">(I.R.S. Employer</font></p>

                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center">
                        <font size="2">Identification No.)</font></p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" colspan="2">
                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center">
                        &nbsp;</p>
                    </td>

                    <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" colspan="2">
                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center">
                        &nbsp;</p>
                    </td>
                </tr>

                <tr>
                    <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" colspan="2">
                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center">
                        <b><font size="2">4235 Innslake Drive</font></b></p>

                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center">
                        <b><font size="2">Glen Allen, Virginia</font></b></p>

                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center">
                        <font size="2">(Address of principal executive offices)</font></p>
                    </td>

                    <td style="PADDING-RIGHT: 5.4pt; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" colspan="2">
                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center">
                        &nbsp;</p>

                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: center">
                        <b><font size="2">23060</font></b></p>

                        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 3pt; TEXT-ALIGN: center">
                        <font size="2">(Zip Code)</font></p>
                    </td>
                </tr>

                <tr>
                    <td width="213">
                    </td>

                    <td width="106">
                    </td>

                    <td width="106">
                    </td>

                    <td width="213">
                    </td>
                </tr>
            </table>
        </div>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center">
        <font size="2">Registrant's telephone number, including area code:</font>
        <b><font size="2">(804) 934-9999</font></b></p>

        <p style="MARGIN-TOP: 12pt; MARGIN-BOTTOM: 3pt; TEXT-ALIGN: center"><b>Not
        Applicable</b></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center"><font size="2">(Former
        name or former address, if changed since last report)</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left"><font size="2">Check the
        appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
        filing obligation of the registrant under any of the following provisions:</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-INDENT: 0.12in; TEXT-ALIGN: left">
        <font face="Wingdings">o</font>&nbsp;&nbsp; <font size="2">Written communications pursuant
        to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-INDENT: 0.12in; TEXT-ALIGN: left">
        &nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-INDENT: 0.12in; TEXT-ALIGN: left">
        <font face="Wingdings">x</font>&nbsp;&nbsp; <font size="2">Soliciting material pursuant to
        Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-INDENT: 0.12in; TEXT-ALIGN: left">
        &nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-INDENT: 0.12in; TEXT-ALIGN: left">
        <font face="Wingdings">o</font>&nbsp;&nbsp; <font size="2">Pre-commencement communications
        pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-INDENT: 0.12in; TEXT-ALIGN: left">
        &nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-INDENT: 0.12in; TEXT-ALIGN: left">
        <font face="Wingdings">o</font>&nbsp;&nbsp; <font size="2">Pre-commencement communications
        pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>

        <div style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 1pt; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: 0.05em solid">
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                <p>&nbsp;</p>
            </div>
        </div>
        <br>
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        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="PAGE-BREAK-BEFORE: always"></p>
        <PAGE>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left"></p>

        <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="211" border="0">
            <tr>
                <td valign="top" nowrap width="96">
                    <p style="MARGIN-TOP: 0pt; BORDER-LEFT-COLOR: gray; MARGIN-BOTTOM: 0pt; BORDER-BOTTOM-COLOR: gray; MARGIN-LEFT: 0pt; BORDER-TOP-COLOR: gray; TEXT-INDENT: 0pt; TEXT-ALIGN: justify; BORDER-RIGHT-COLOR: gray">
                    <b><font size="2">Item 8.01</font></b></p>
                </td>

                <td valign="top" nowrap width="115">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: justify">
                    <b><font size="2">Other Events.</font></b></p>
                </td>
            </tr>
        </table>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-INDENT: 0.5in; TEXT-ALIGN: justify">
        <font size="2">TransCommunity Financial Corporation (the "Company") reports today the
        dismissal with prejudice by the Circuit Court of the County of Powhatan in Virginia (the
        "Court") of the lone remaining claim against the Company and all claims against William C.
        Wiley ("Wiley"), the former Chief Executive Officer and Chairman of the board of directors
        of the Company, that had been brought by James L. Minter ("Minter"), a former director of
        the Company, and previously disclosed by the Company in its filings with the Securities and
        Exchange Commission. The Company's counterclaim against Minter for breach of fiduciary duty
        related to his use of confidential Company information for personal gain remains
        pending.</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-INDENT: 0.5in; TEXT-ALIGN: justify">
        &nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-INDENT: 0.5in; TEXT-ALIGN: justify">
        <font size="2">The Company also reports today that on December 19, 2007, Minter filed a new
        action (the "Derivative Claim") in the Court, purportedly on behalf of the Company,
        alleging breach of fiduciary duty and civil conspiracy against defendants Troy A. Peery,
        Robin T. Williams, John J. Sponski, John C. Watkins and Bruce B. Nolte, all of whom are
        current or former directors of the Company. The Derivative Claim lawsuit arises out of the
        same set of facts as the case dismissed by the Court, and seeks damages of $3.35 million.
        Minter has not yet requested service of the Derivative Claim papers, and may have filed the
        Derivative Claim in an attempt to protect the statute of limitations. The Company has put
        its directors and officers insurance carrier on notice and is evaluating the allegations
        and claims. Based on the facts presently known, the Company believes it has limited
        liability arising out of this claim.</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-INDENT: 0.5in; TEXT-ALIGN: justify">
        &nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify">
        <i><font size="2">Information About the Company and its Proposed Merger with Community
        Bankers</font></i></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 2in; TEXT-INDENT: -0.75in; TEXT-ALIGN: justify">
        &nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 12pt; TEXT-ALIGN: justify"><font size="2">This
        communication is made in connection with a proposed merger between the Company and
        Community Bankers Acquisition Corp. ("CBAC"). CBAC will file with the Securities and
        Exchange Commission (the "SEC") a registration statement on Form S-4 to register the shares
        of CBAC common stock to be issued to the shareholders of the Company. The registration
        statement will include a joint proxy statement/prospectus, which will be sent to the
        shareholders of the Company and CBAC seeking their approval of the merger. In addition,
        each of the Company and CBAC may file other relevant documents concerning the proposed
        merger with the SEC.</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 12pt; TEXT-ALIGN: justify"><font size="2">WE URGE
        INVESTORS AND SECURITY HOLDERS TO READ THE REGISTRATION STATEMENT ON FORM S-4 AND THE JOINT
        PROXY STATEMENT/PROSPECTUS INCLUDED WITHIN THE REGISTRATION STATEMENT AND ANY OTHER
        RELEVANT DOCUMENTS TO BE FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED MERGER, BECAUSE
        THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, CBAC AND THE PROPOSED
        TRANSACTION. Investors and security holders may obtain free copies of these documents
        through the website maintained by the SEC at</font>
        <font color="#001fe8"><u><font size="2">http://www.sec.gov</font></u></font><font size="2">.
        Free copies of the joint proxy statement/prospectus also may be obtained by directing a
        request by telephone or mail to: TransCommunity Financial Corporation, 4235 Innslake Drive,
        Glen Allen, VA 23060, Attention: Investor Relations (telephone: (804) 934-9999), or to:
        Community Bankers Acquisition Corp., 9912 Georgetown Pike, Suite D203, Great Falls, VA
        22066, Attention: Investor Relations (telephone: (703) 759-0751), or by accessing the
        Company's website at</font>
        <font color="#001fe8"><u><font size="2">http://www.TCFCorp.com</font></u></font>
        <font size="2">under "Investor Relations". The information on</font> <font size="2">the
        Company's website is not, and shall not be deemed to be, a part of this document or
        incorporated into other filings either company makes with the SEC.</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify"><font size="2">The
        Company and CBAC and their respective directors, executive officers and members of
        management may be deemed to be participants in the solicitation of proxies from the
        shareholders of the Company and/or CBAC in connection with the merger. Information about
        the directors and executive officers of the Company is set forth in the proxy statement for
        TFC's 2007 annual meeting of shareholders filed with the SEC on April 23, 2007. Information
        about the directors and executive officers of CBAC is set forth in the Annual Report on
        Form 10-K filed with the SEC on June 29, 2007. Additional information regarding the
        interests of these participants and other persons who may be deemed participants in the
        merger may be obtained by reading the joint proxy statement/prospectus regarding the merger
        when it becomes available.</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 2in; TEXT-INDENT: -0.75in; TEXT-ALIGN: justify">
        &nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="PAGE-BREAK-BEFORE: always"></p>
        <PAGE><!-- EEDocs PBStart-->

        <p style="PAGE-BREAK-BEFORE: always"></p>
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        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify"></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center">
        <b><font size="2">SIGNATURES</font></b></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-INDENT: 0.5in; TEXT-ALIGN: justify">
        <font size="2">Pursuant to the requirements of the Securities Exchange Act of 1934, as
        amended, the registrant has duly caused this report to be signed on its behalf by the
        undersigned hereunto duly authorized.</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-INDENT: 0.5in; TEXT-ALIGN: justify">
        &nbsp;</p>

        <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="640" border="0">
            <tr>
                <td valign="top" nowrap width="240">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left">
                    &nbsp;</p>
                </td>

                <td valign="top" nowrap width="400">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left">
                    <b><font size="2">TRANSCOMMUNITY FINANCIAL CORPORATION</font></b></p>
                </td>
            </tr>
        </table>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="549" border="0">
            <tr>
                <td valign="top" nowrap width="48">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left">
                    <font size="2">Date:</font></p>
                </td>

                <td valign="top" nowrap width="192">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left">
                    <font size="2">January 14, 2008</font></p>
                </td>

                <td valign="top" nowrap width="309">
                    <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; TEXT-ALIGN: left">
                    <font size="2">By:</font><u><font size="2">&nbsp; /s/ Bruce B.
                    Nolte&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u></p>
                </td>
            </tr>
        </table>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 2.5in; TEXT-INDENT: 0.25in; TEXT-ALIGN: left">
        <font size="2">Bruce B. Nolte</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 2.5in; TEXT-INDENT: 0.25in; TEXT-ALIGN: left">
        <font size="2">President and Chief Executive Officer</font></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left">&nbsp;</p>
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[{"type": "8-K", "sequence": "1", "filename": "f8k011108.htm", "secsgml_size_bytes": 22813}]
{"company-data": {"conformed-name": "TRANSCOMMUNITY FINANCIAL CORP", "cik": "0001140249", "assigned-sic": "6021", "irs-number": "542032355", "state-of-incorporation": "VA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-33355", "film-number": "08528407"}, "business-address": {"street1": "4235 INNSLAKE DR", "city": "GLEN ALLEN", "state": "VA", "zip": "23060", "phone": "8049349999"}, "mail-address": {"street1": "4235 INNSLAKE DR", "city": "GLEN ALLEN", "state": "VA", "zip": "23060"}, "former-company": {"former-conformed-name": "TRANSCOMMUNITY BANKSHARES INC", "date-changed": "20010508"}}
UNITED
        STATES
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):
January 14,
        2008
___________
TRANSCOMMUNITY FINANCIAL CORPORATION
(Exact
        name of registrant as specified in its charter)
Virginia
(State or other jurisdiction
of incorporation)
000-33355
(Commission
File Number)
54-2032355
(I.R.S. Employer
Identification No.)
4235 Innslake Drive
Glen Allen, Virginia
(Address of principal executive offices)
23060
(Zip Code)
Registrant's telephone number, including area code:
(804) 934-9999
Not
        Applicable
(Former
        name or former address, if changed since last report)
Check the
        appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
        filing obligation of the registrant under any of the following provisions:
o
Written communications pursuant
        to Rule 425 under the Securities Act (17 CFR 230.425)
x
Soliciting material pursuant to
        Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications
        pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications
        pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01
Other Events.
TransCommunity Financial Corporation (the "Company") reports today the
        dismissal with prejudice by the Circuit Court of the County of Powhatan in Virginia (the
        "Court") of the lone remaining claim against the Company and all claims against William C.
        Wiley ("Wiley"), the former Chief Executive Officer and Chairman of the board of directors
        of the Company, that had been brought by James L. Minter ("Minter"), a former director of
        the Company, and previously disclosed by the Company in its filings with the Securities and
        Exchange Commission. The Company's counterclaim against Minter for breach of fiduciary duty
        related to his use of confidential Company information for personal gain remains
        pending.
The Company also reports today that on December 19, 2007, Minter filed a new
        action (the "Derivative Claim") in the Court, purportedly on behalf of the Company,
        alleging breach of fiduciary duty and civil conspiracy against defendants Troy A. Peery,
        Robin T. Williams, John J. Sponski, John C. Watkins and Bruce B. Nolte, all of whom are
        current or former directors of the Company. The Derivative Claim lawsuit arises out of the
        same set of facts as the case dismissed by the Court, and seeks damages of $3.35 million.
        Minter has not yet requested service of the Derivative Claim papers, and may have filed the
        Derivative Claim in an attempt to protect the statute of limitations. The Company has put
        its directors and officers insurance carrier on notice and is evaluating the allegations
        and claims. Based on the facts presently known, the Company believes it has limited
        liability arising out of this claim.
Information About the Company and its Proposed Merger with Community
        Bankers
This
        communication is made in connection with a proposed merger between the Company and
        Community Bankers Acquisition Corp. ("CBAC"). CBAC will file with the Securities and
        Exchange Commission (the "SEC") a registration statement on Form S-4 to register the shares
        of CBAC common stock to be issued to the shareholders of the Company. The registration
        statement will include a joint proxy statement/prospectus, which will be sent to the
        shareholders of the Company and CBAC seeking their approval of the merger. In addition,
        each of the Company and CBAC may file other relevant documents concerning the proposed
        merger with the SEC.
WE URGE
        INVESTORS AND SECURITY HOLDERS TO READ THE REGISTRATION STATEMENT ON FORM S-4 AND THE JOINT
        PROXY STATEMENT/PROSPECTUS INCLUDED WITHIN THE REGISTRATION STATEMENT AND ANY OTHER
        RELEVANT DOCUMENTS TO BE FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED MERGER, BECAUSE
        THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, CBAC AND THE PROPOSED
        TRANSACTION. Investors and security holders may obtain free copies of these documents
        through the website maintained by the SEC at
http://www.sec.gov
.
        Free copies of the joint proxy statement/prospectus also may be obtained by directing a
        request by telephone or mail to: TransCommunity Financial Corporation, 4235 Innslake Drive,
        Glen Allen, VA 23060, Attention: Investor Relations (telephone: (804) 934-9999), or to:
        Community Bankers Acquisition Corp., 9912 Georgetown Pike, Suite D203, Great Falls, VA
        22066, Attention: Investor Relations (telephone: (703) 759-0751), or by accessing the
        Company's website at
http://www.TCFCorp.com
under "Investor Relations". The information on
the
        Company's website is not, and shall not be deemed to be, a part of this document or
        incorporated into other filings either company makes with the SEC.
The
        Company and CBAC and their respective directors, executive officers and members of
        management may be deemed to be participants in the solicitation of proxies from the
        shareholders of the Company and/or CBAC in connection with the merger. Information about
        the directors and executive officers of the Company is set forth in the proxy statement for
        TFC's 2007 annual meeting of shareholders filed with the SEC on April 23, 2007. Information
        about the directors and executive officers of CBAC is set forth in the Annual Report on
        Form 10-K filed with the SEC on June 29, 2007. Additional information regarding the
        interests of these participants and other persons who may be deemed participants in the
        merger may be obtained by reading the joint proxy statement/prospectus regarding the merger
        when it becomes available.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
        amended, the registrant has duly caused this report to be signed on its behalf by the
        undersigned hereunto duly authorized.
TRANSCOMMUNITY FINANCIAL CORPORATION
Date:
January 14, 2008
By:
/s/ Bruce B.
                    Nolte
Bruce B. Nolte
President and Chief Executive Officer