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): February 21, 2008

 


New Peoples Bankshares, Inc.

(Exact name of registrant as specified in its charter)

 


Virginia

000-33411

31-1804543

(State or other jurisdiction

of incorporation)

(Commission File Number)

(I.R.S. Employer

Identification No.)

 

 

67 Commerce Drive, Honaker, Virginia

24260

(Address of principal executive offices)

(Zip Code)

 

Registrant’s telephone number, including area code: (276) 873-7000

 

n/a

(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 (see General Instruction A.2. below):

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o

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.

 

New Peoples Bankshares, Inc. (the “Company”) regretfully reports that Paul R. Vencill, Jr., Director of the Company and of New Peoples Bank, Inc., the Company’s wholly owned subsidiary, passed away on February 19, 2008. Mr. Vencill had served as Director since 1998.

 


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 hereunto duly authorized.

 

NEW PEOPLES BANKSHARES, INC.

(Registrant)

 

 

Date: February 21, 2008

By:

/s/ C. Todd Asbury

C. Todd Asbury

Senior Vice President and

 

Chief Financial Officer