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NEW CHAIRMAN NAMED AT THE BANK OF SAN DIEGO

 SAN DIEGO, Dec. 29 /PRNewswire/ -- George J. Kuhrts III has been named chairman of The Bank of San Diego, succeeding James S. Brown, who will continue as chairman and chief executive officer of the bank's holding company, BSD Bancorp Inc. (AMEX: BSD).
 The appointment of a new chairman of The Bank of San Diego was required by regulators as a condition for the recently approved merger of American Valley Bank and Coast Bank into The Bank of San Diego, and reflects a desire by regulators for a new management team at the bank. Recently, Frank J. Mercardante was named president and chief executive officer of The Bank of San Diego, and additional outside directors will be added to the bank's board during the first half of 1993.
 Kuhrts, 68, has been a board member of The Bank of San Diego since 1987, as well as a director of BSD Bancorp since 1986. Kuhrts is currently president and chief executive officer of North American Trust Co., a subsidiary trust services unit of BSD Bancorp. Kuhrts has previously served as president of DiGiorgio Development Corp., Golden Sands Inc. and Sun Aire Line, as well as a director of Borrego Springs Bank and Aldilla Co.
 Current directors of The Bank of San Diego include Mercardante; William E. Cleator, chairman, Cleator Corp.; Marilyn Creson, chief financial officer of BSD Bancorp; Ronald E. Fickle, president and chief executive officer, Vista Hill Foundation; and Kuhrts.
 BSD Bancorp Inc. is a diversified holding company offering banking and trust services predominately in Southern California.
 -0- 12/29/92
 /CONTACT: James S. Brown, chairman and CEO of BSD Bancorp, 619-237-5364/
 (BSD)


CO: The Bank of San Diego; American Valley Bank; Coast Bank; BSD
 Bancorp Inc. ST: California IN: FIN SU: PER


JB -- SD001 -- 0234 12/29/92 07:31 EST
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Publication:PR Newswire
Date:Dec 29, 1992
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