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California regulator OKs South County Bank's charter conversion, name change

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California regulator OKs South County Bank's charter conversion, name change

The California Department of Business Oversight on Feb. 27 approved Irvine, Calif.-based South County Bank NA's application to convert to a state-chartered bank and change its name to Cal West Bank.

The bank is a subsidiary of Rancho Santa Margarita, Calif.-based CalWest Bancorp.