NEW YORK—The Federal Reserve Bank of New York Friday approved the application by Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., Utrecht, the Netherlands, Rabobank International Holdings B.V., Utrecht, the Netherlands, Utrecht-America Holdings, New York, New York, and VIB Corporation, El Centro, California, to acquire Central Coast Bancorp and thereby its banking subsidiary, Community Bank of Central California, both of Salinas, California.
According to standard procedure, the proposal cannot be completed sooner than 15 days, or later than 3 months, from the date of this announcement.
The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.
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Press Release
Approval of the Application by Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A.
January 13, 2006
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