History of Valley Independent Bank

Valley Independent Bank
Year Event
2006 Acquisition: Rabobank, N.A. acquires Community Bank of Central California
2005 Name change: VIB changes its name to Rabobank, N.A.
2003 Financials: VIB reaches $2 billion in assets.
2003 New Services: Commercial Leasing, Investment Services, and an Agribusiness Division are introduced.
2003 Accolades: VIB is named 2003 Lender of the Year by the U.S. Department of Agriculture (USDA)
2002 Acquisition: VIB is acquired by Rabobank
2000 New Location: VIB establishes a business loan center in Fresno.
2000 Acquisition: merger with Kings River State Bank finalized in January
1999 New Location: VIB acquires the Hemet branch office of Fremont Investment and Loan
1999 Acquisition: Bank of Stockdale welcomed in January
1998 New location: Palms Springs office acquired from Palm Desert National Bank
1997 New locations: Tecate and Blythe offices acquired from Wells Fargo Bank
1996 New building: Ground breaks on new Corporate Building in El Centro in June
1996 Accolades: VIB completes the Largest B&I Loan in the history of the USDA Rural Development Department
1996 Acquisition: Calexico branch acquired from California Commerce Bank.
1996 Acquisition: La Quinta, Palm Desert, and Thousand Palms offices acquired from Bank of the Desert
1996 New location:  Indio office established
1995 New logo/identity: VIB sun logo identity launched
1995 New location: new office in Julian opens as 6th branch
1994 Accolades: VIB becomes Number One in Minority Lending for the San Diego District Office of the U.S. Small Business Administration (SBA)
1993 First Acquisition: VIB completes merger with the First National Bank of Coachella
1992 New location: VIB expands out of Imperial County with branches in the Coachella Valley.
1992 New location: a new Operations Center Is established in Imperial, CA
1991 New Location: Calexico office opens, introducing the international banking department to grow maquiladora and border business
1990 New location: Brawley office opens
1985 New location: Holtville office opens
1981 Beginning: 6 employees, $2 million assets, main branch a mobile office in El Centro

Also doing business as:
From 1999 to 2005, Valley Independent Bank was also doing business as Bank of Stockdale. Bank of Stockdale
From 2000 to 2005, Valley Independent Bank was also doing business as Kings River State Bank. Kings River State Bank