Written agreement with Coast Bancorp

The following press release was published by the Board of Governors of the Federal Reserve System on April 29, 2010. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Coast Bancorp, San Luis Obispo, California, a registered bank holding company, and the Federal Reserve Bank of San Francisco.

A copy of the Written Agreement is attached.

Source: Board of Governors of the Federal Reserve System