History of Mid-State Bank and Trust

Mid-State Bank and Trust
Date Event
2007 Mid-State Bank & Trust changes its name to Rabobank, N.A., expanding the Rabobank community bank network to 78 retail offices and 14 financial services center from Sacramento to the Imperial Valley.”
2007 Rabobank purchases Mid-State Bancshares.  Mid-State Bank & Trust merges with California community bank Rabobank, N.A.
2006 Mid-State Bank & Trust opens an office in Westlake Village.
2005 The Mid-State Bank & Trust Foundation donates its one-millionth dollar to the community.
2004 The Bank offers Health Savings Accounts (HSAs) for the first time.
2003 Mid-State Bank & Trust acquires Ojai Valley Bank and adds offices at 1207 Maricopa Highway in Ojai and 410 Ventura Avenue in Oak View.
2003 Mid-State Bank & Trust surpasses $2 billion in assets.
2001 Mid-State Bank & Trust acquires American Commercial Bank and adds offices in Camarillo, Oxnard, and Ventura.
2001 The Bank opens its leasing department to provide equipment leases to business customers.
2001 Mid-State Bank celebrates its 40th anniversary with a name change to Mid-State Bank & Trust and a new logo.
2001 The Mid-State Bank Foundation is created by the Bank to support youth, seniors, education, the arts, human services, and other charitable organizations on the California Coast.
2001 Mid-State Bank opens its trust and investment management division to provide trust administration, estate settlement, conservatorship/guardianship, and investment management services.
2000 Mid-State Bank opens a branch inside the Albertsons supermarket in Arroyo Grande.
2000 Jim Lokey becomes president and chief executive officer for Mid-State Bank & Trust.
1999 Mid-State Bank acquires City Commerce Bank, adding three offices in Santa Barbara and entering the Ventura County market for the first time with an office in Oxnard.
1999 Carrol Pruett appointed chairman of the board.
1998 Mid-State Bank acquires Bank of Santa Maria and adds offices in Vandenberg Village, Guadalupe, and Templeton and two new offices in Santa Maria.
1998 Mid-State Bank surpasses $1 billion in assets.
1997 Mid-State Bank joins California’s “Adopt A Highway” program,” cleaning up a two-mile stretch of Highway 101 monthly.
1988 Mid-State Bank surpasses $500 million in assets.
1986 Mid-State Bank celebrates its 25th anniversary. The Bank now has 22 retail offices.
1985 Mid-State Bank acquires offices in Cayucos, Los Osos, and Morro Bay from Wells Fargo. The Bank moves its existing Morro Bay office into the former Wells branch.
1984 Mid-State Bank acquires offices in Santa Ynez, Solvang, and Buellton from American National Bank.
1984 The Bank launches its mortgage loan department.
1983 Mid-State Bank hosts its first Central Coast Economic Symposium with 25 attendees. The event has evolved into four separate business symposiums in Ventura, Santa Barbara, Santa Maria, and San Luis Obispo with more than 1,000 attendees.
1983 Mid-State Bank begins its participation in the March of Dimes annual WalkAmerica event. Since that time, Bank employees have raised more than $760,000 for the charity.
1983 Mid-State introduces automatic teller machines and also offers Small Business Administration (SBA) loans for the first time.
1978 Albert Maguire elected chairman of the board.
1978 Mid-State Bank surpasses $100 million in assets.
1975 The Bank offers Individual Retirement Accounts for the first time.
1970 Mid-State Bank opens its first of five offices in Santa Maria.
1970 Mid-State Bank introduces drive-up banking to San Luis Obispo County with the opening of its newly constructed Arroyo Grande Office at 1026 Grand Avenue.
1969 Carrol Pruett is appointed president of the Bank. Walter Filer is elected chairman of the board.
1967 Carrol Pruett is promoted to executive vice president and chief executive officer of the Bank.
1964 Mid-State Bank enters the Santa Barbara County market with a new office in Goleta.
1964 Mid-State Bank opens an office in Grover City (later to become Grover Beach).
1963 Mid-State Bank opens an office in Atascadero.
1961 Mid-State Bank opens its first office at 1054 Grand Avenue in Arroyo Grande. Its board of directors includes Marvin Andrews, Leo Brisco, Clifford Clark, Marvin Hartwig, Walter Filer, Albert Maguire, and David Vordermark.