Document:

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                                                                     Exhibit 4.3

                          FORM OF SUBSCRIPTION WARRANT

                                    WESTCORP
                    SUBSCRIPTION WARRANT FOR RIGHTS OFFERING
                    FOR HOLDERS OF RECORD ON MARCH __, 2001

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SUBSCRIPTION WARRANT NUMBER                                         CUSIP NUMBER

----------------------------   -------------------  ----------------------------
SHARES ELIGIBLE TO SUBSCRIBE         RIGHTS                   RECORD DATE SHARES

          Westcorp (the "Company") is conducting a rights offering (the "Rights
Offering") which entitles the holders of shares of the Company's common stock
(the "Common Stock"), as of the close of business on March __, 2001 (the
"Record Date") to receive one transferable right (each, a "Right") for each
share of Common Stock held of record on the Record Date. Holders of Rights are
entitled to subscribe for and purchase one share of Common Stock for every ___
Rights (the "Basic Subscription Right") at a subscription price of $____ per
share. If any shares of Common Stock are not purchased by holders of Rights
pursuant to the Basic Subscription Right (the "Excess Shares"), any holder
purchasing all of the shares of Common Stock available to that holder may
purchase an additional number of the Excess Shares, if so specified in the
subscription documents, subject to proration. No fractional shares or cash in
lieu thereof will be issued or paid. Set forth above is the number of shares of
Common Stock held by such holder, and the number of whole shares to which each
holder is entitled to subscribe pursuant to the Basic Subscription Right
(rounded down, if applicable, to the nearest whole share).

          For a more complete description of the terms and conditions of the
Rights Offering, please refer to the Prospectus dated March __, 2001 (the
"Prospectus"), which is incorporated herein by reference. Copies of the
Prospectus are available upon request from Mellon Investor Services LLC
(toll free (866) 825-8874).

          This Subscription Warrant (or a Notice of Guaranteed Delivery) must be
received by Mellon Investor Services LLC together with payment in
full of the subscription price by 5:00 p.m. New York City time, on April __,
2001 (unless extended in the sole discretion of the Company) (as it may be
extended, the "Expiration Date"). Any Rights not exercised prior to the
Expiration Date will be null and void. Any subscription for shares of Common
Stock in the Rights Offering made hereby is irrevocable.

          The Rights represented by this Subscription Warrant may be exercised
by duly completing Form 1; may be transferred, assigned, exercised or sold
through a bank or broker by duly completing Form 2; and may be sold through
Mellon Investor Services LLC by duly completing Form 3. Each of
these forms is set forth on the reverse hereof. Rights holders are

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advised to review the Prospectus and instructions, copies of which are available
from Mellon Investor Services LLC, before exercising or selling
their Rights.

SUBSCRIPTION PRICE:  $_____ PER SHARE

          The registered owner whose name is inscribed hereon, or its assigns,
is entitled to subscribe for shares of Common Stock of the Company upon the
terms and subject to the conditions set forth in the Prospectus and the
instructions relating to the use hereof.

          The Subscription Warrant is transferable, and may be combined or
divided at the office of Mellon Investor Services LLC If the number
of transferred Rights would otherwise allow the purchase of a fractional share,
the number of shares which may be purchased must be rounded down to the nearest
whole share (or any lesser number of whole shares) that may be purchased with
that number of Rights.

          Rights holders should be aware that if they choose to exercise or
transfer only part of their Rights, they may not receive a new Subscription
Warrant in sufficient time to exercise the remaining Rights evidenced thereby.

                  FORM 1 (on reverse of Subscription Warrant)

EXERCISE AND SUBSCRIPTION: The undersigned hereby irrevocably exercises one or
more Rights to subscribe for shares of Common Stock as indicated below, on the
terms and subject to the conditions specified in the Prospectus, receipt of
which is hereby acknowledged.

(a) Number of whole shares subscribed for pursuant to the Basic Subscription
Right ____ X $_____ = $_____ payment. (___ Rights needed to subscribe for one
share.)

(b) Number of whole shares subscribed for pursuant to the Oversubscription Right
____ X $_____ = $_____ payment.

(c) Total Subscription (sum of payment amounts on lines (a) and (b)) = $________
payment.*

METHOD OF PAYMENT (CHECK AND COMPLETE APPROPRIATE BOX(ES)):

     [ ]  Check, bank draft, or U.S. postal money order payable to "Mellon
Investor Services LLC, as Subscription Agent" or

     [ ] Wire transfer directed to The Chase Manhattan Bank, New York, NY, ABA
No. 021000021, Mellon Investor Services, LLC, MISC Reorg. Control A/C 323-885489
-(Westcorp).

(d) If the Rights being exercised pursuant to the Basic Subscription Right do
not constitute all

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of the Rights represented by the Subscription Warrants (check only one):

     [ ] Deliver to the undersigned a new Subscription Warrant evidencing the
remaining Rights to which the undersigned is entitled.

     [ ] Deliver a new Subscription Warrant in accordance with the undersigned's
Form 2 instructions (which include any required signature guarantees).

     [ ] Sell the remaining unexercised Rights in accordance with the
undersigned's Form 3 instructions.

     [ ] Do not deliver any new Subscription Warrants to me.

(e)  [ ] Check here if Rights are being exercised pursuant to the Notice of
Guaranteed Delivery delivered to the Subscription Agent prior to the date hereof
and complete the following:

       Name(s) of Registered Holder(s) ____________________________________
       Window Ticket Number (if any) ______________________________________
       Date of Execution of Notice of Guaranteed Delivery _________________
       Name of Institution Which Guaranteed Delivery ______________________

* If the aggregate Subscription Price enclosed or transmitted is insufficient to
purchase the total number of shares included in lines (a) and (b), or if the
number of shares being subscribed for is not specified, the Rights holder
exercising this Subscription Warrant shall be deemed to have subscribed for the
maximum amount of shares that could be subscribed for upon payment of such
amount. If the number of shares to be subscribed for pursuant to the
Oversubscription Right is not specified and the amount enclosed or transmitted
exceeds in aggregate the Subscription Price for all shares represented by this
Subscription Warrant (the "Subscription Excess"), the Rights holder exercising
this Subscription Warrant shall be deemed to have exercised the Oversubscription
Right to purchase, to the extent available, that number of whole shares of
Common Stock equal to the quotient obtained by dividing the Subscription Excess
by the Subscription Price, subject to proration as described in the Prospectus.
To the extent any portion of the aggregate Subscription Price enclosed or
transmitted remains after the foregoing procedures, such funds shall be mailed
to the subscriber without interest or deduction as soon as practicable.

Subscriber's Signature __________________  Telephone No.  (___)________________

                   FORM 2 (on reverse of Subscription Warrant)

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TO TRANSFER YOUR SUBSCRIPTION WARRANT OR SOME OR ALL OF YOUR RIGHTS, OR TO
EXERCISE OR SELL RIGHTS THROUGH YOUR BANK OR BROKER: For value received, Rights
represented by this Subscription Warrant are hereby assigned to (please print in
full name and address and Taxpayer Identification Number or Social Security
Number of transferee):

Name: _______________________________________________________________

Address: ____________________________________________________________

_____________________________________________________________________
Signature(s) of Transferee(s)

Signatures Guaranteed by: ___________________________________________

Proceeds from the sale of Rights may be subject to withholding of U.S. taxes
unless the Seller's certified U.S. taxpayer identification number (or
certificate regarding foreign status) is on file with the Subscription Agent and
the seller is not otherwise subject to U.S. backup withholding.

                  FORM 3 (on reverse of Subscription Warrant)

TO SELL SOME OR ALL OF YOUR UNEXERCISED RIGHTS THROUGH THE
SUBSCRIPTION AGENT:

The undersigned hereby authorizes the Subscription Agent to sell _______________
Rights represented by this Subscription Warrant but not exercised hereby and to
deliver to the undersigned a check for the proceeds, if any, from the sale
thereof, less any applicable brokerage commissions, taxes or other direct
expenses of sale. The Subscription Agent's obligation to execute orders is
subject to its ability to find buyers for the Rights.

______________________________________________________________
Subscriber's Signature

In order to sell Rights through the Subscription Agent, you must complete and
sign the substitute Form W-9 as provided in Section 8 of the instructions.

                   FORM 4 (on reverse of Subscription Warrant)

DELIVERY INSTRUCTIONS: Address for mailing of stock or new Subscription Warrant
or any cash payment in accordance with the Prospectus, if different from the
address shown on the face of this Subscription Warrant:

Name: _________________________________________________________________

Address: ______________________________________________________________<PAGE>   1
                                                                     EXHIBIT 4.4

                               SUBSCRIPTION FORM

                              [ESOP PARTICIPANTS]

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    SUBSCRIPTION NUMBER

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SHARES ELIGIBLE TO SUBSCRIBE            RIGHTS               RECORD DATE SHARES

                                    WESTCORP
                                   401K PLAN
                     SUBSCRIPTION FORM FOR RIGHTS OFFERING
               FOR PLAN PARTICIPANTS OF RECORD ON ________, 2001

Westcorp (the "Company") is conducting a rights offering (the "Rights
Offering") which entitles the holders of shares of the Company's common stock
(the "Common Stock"), as of the close of business on _____, 2001 (the "Record
Date") to receive one transferable right (each, a "Right") for each share of
Common Stock held of record on the Record Date. Holders of Rights are entitled
to subscribe for and purchase one share of Common Stock for every ___ Rights
(the "Basic Subscription Right") at a subscription price of $_____ per share.
If any shares of Common Stock are not purchased by holders of Rights pursuant
to the Basic Subscription Right (the "Excess Shares"), any holder purchasing
all of the shares of Common Stock available to that holder may purchase an
additional number of the Excess Shares, if so specified in the subscription
documents, subject to proration. No fractional shares or cash in lieu thereof
will be issued or paid. Set forth above is the number of shares of Common Stock
held by such holder, and the number of whole shares to which each holder is
entitled to subscribe pursuant to the Basic Subscription Right (rounded down,
if applicable, to the nearest whole share).

For a more complete description of the terms and conditions of the Rights
Offering, please refer to the Prospectus dated _____, 2001 (the "Prospectus"),
which is incorporated herein by reference. Copies of the Prospectus are
available upon request from Mellon Investor Services LLC (toll free (888)
232-7873).

This Subscription Form must be received by Mellon Investor Services LLC  by
5:00 p.m. New York City time, on _____, 2001 (unless extended in the sole
discretion of the Company) (as it may be extended, the "Expiration Date"). Any
Rights not exercised prior to the Expiration Date will be null and void. Any
subscription for shares of Common Stock in the Rights Offering made hereby is
irrevocable. Payment must be made through the 401K Plan Trustee, by the
transfer of funds into the Westcorp Rights Offering Cash Account, by not later
than the close of business on _____, 2001.

The Rights represented by this Subscription Form may be exercised by duly
completing Form 1; and may be sold through Mellon Investor Services LLC by duly
completing Form 2. Each of these forms is set forth on the reverse hereof.
Rights holders are advised to review the Prospectus and Instructions, copies of
which are available from Mellon Investor Services LLC before exercising or
selling their Rights.

The participant owner whose name is inscribed hereon is entitled to subscribe
for shares of Common Stock of the Company upon the terms and subject to the
conditions set forth in the Prospectus and the instructions relating to the use
hereof, as modified by the accompanying Frequently-Asked Questions form.

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                    FORM 1 (ON REVERSE OF SUBSCRIPTION FORM)

EXERCISE AND SUBSCRIPTION: The undersigned hereby irrevocably exercises Rights
to subscribe for shares of Common Stock as indicated below, on the terms and
subject to the conditions specified in the Prospectus, receipt of which is
hereby acknowledged.

(a) Number of whole shares subscribed for pursuant to the Basic Subscription

Privilege ________ X $________ = $________ payment. (Rights needed to subscribe
for one share.)

(b) Number of whole shares subscribed for pursuant to the Oversubscription

Privilege ________ X ________ = $________ payment.

(c) Total Subscription (sum of payment amounts on lines (a) and (b)) =
$________ payment.*

(d) If the Rights being exercised pursuant to the Basic Subscription Privilege
do not constitute all of the Rights represented by the Subscription Form:

     [ ] Sell the remaining unexercised Rights in accordance with the
undersigned's Form 2 instructions.

* If the aggregate Subscription Price transferred by you into the Westcorp
Rights Offering Cash Account at _________ is insufficient to purchase the total
number of shares included in lines (a) and (b), or if the number of shares
being subscribed for is not specified, the Rights holder exercising this
Subscription Form shall be deemed to have subscribed for the maximum amount of
shares that could be subscribed for upon payment of such amount. If the number
of shares to be subscribed for pursuant to the Oversubscription Privilege is
not specified and the amount enclosed or transmitted exceeds the aggregate
Subscription Price for all shares represented by this Subscription Form (the
"Subscription Excess"), the Rights holder exercising this Subscription Form
shall be deemed to have exercised the Oversubscription Right to purchase, to
the extent available, that number of whole shares of Common Stock equal to the
quotient obtained by dividing the Subscription Excess by the Subscription
Price, subject to proration as described in the Prospectus.

Subscriber's Signature _________________________ Telephone No. (___) __________

                    FORM 2 (ON REVERSE OF SUBSCRIPTION FORM)

TO SELL SOME OR ALL OF YOUR UNEXERCISED RIGHTS THROUGH THE SUBSCRIPTION AGENT:

The undersigned hereby authorizes the Subscription Agent to sell _______ Rights
represented  by this Subscription Form but not exercised hereby and to deliver
to the undersigned a check for the proceeds, if any, from the sale thereof,
less any applicable brokerage commissions, taxes or other direct expenses of
sale. The Subscription Agent's obligation to execute orders is subject to its
ability to find buyers for the Rights.

_______________________________
Subscriber's Signature

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