EXHIBIT 5

               [HORGAN, ROSEN, BECKHAM & COREN, L.L.P. LETTERHEAD]

                                January 14, 2005

Board of Directors
Discovery Bancorp
338 Via Vera Cruz
San Marcos, California 92078

      Re: Registration Statement on Form S-4

Dear Members of the Board:

      We have acted as counsel to Discovery Bancorp, a California corporation
(the "Company"), in connection with the preparation of the Registration
Statement on Form S-4 of the Company (the "Registration Statement") filed with
the Securities and Exchange Commission (the "Commission"), relating to the
registration under the Securities Act of 1933, as amended (the "Securities
Act"), of shares of the Company's common stock, no par value (the "Shares"),
issuable pursuant to the Plan of Reorganization and Merger Agreement, dated as
of October 20, 2004 (the "Agreement"), by and between the Company, Discovery
Bank (the "Bank") and DB Merger Company, whereby each share of common stock, no
par value of the Bank ("Bank Common Stock") will be exchanged for one share of
the Company's common stock pursuant to the terms set forth in the Agreement.

      In connection with this opinion, we have considered such questions of law
as we have deemed necessary as a basis for the opinions set forth below, and we
have examined and are familiar with originals or copies, certified or otherwise
identified to our satisfaction, of the following: (i) the Registration
Statement; (ii) the Articles of Incorporation and Bylaws of the Company, as
currently in effect; (iii) certain resolutions of the Board of Directors of the
Company relating to the issuance of the Shares and the other transactions
contemplated by the Registration Statement; (iv) the Agreement; and (v) such
other documents as we have deemed necessary or appropriate as a basis for the
opinion set forth below. In our examination, we have assumed the genuineness of
all signatures, the authenticity of all documents submitted to us as originals,
the conformity to original documents of all documents submitted to us as
certified or photostatic copies and the authenticity of the originals of such
copies. As to any facts material to this opinion that we did not independently
establish or verify, we have relied upon statements and representations of
officers and other representatives of the Company and others.



      Based upon the foregoing, we are of the opinion that if and when issued in
exchange for shares of Bank Common Stock pursuant to the terms of the Agreement
and under the circumstances contemplated by the Registration Statement, the
Shares will be validly issued, fully paid and non-assessable.

      The law covered by the opinion set forth above is limited to the laws of
the state of California and the federal law of the United States of America.

      We hereby consent to the filing of this opinion with the Commission as
Exhibit 5 to the Registration Statement and to the reference to our name under
the caption "Legal Matters" in the Proxy Statement/Prospectus constituting a
part of the Registration Statement.

                                     Very truly yours,

                                     /s/ HORGAN, ROSEN, BECKHAM & COREN, L.L.P.

                                     HORGAN, ROSEN, BECKHAM & COREN, L.L.P.