NEWS RELEASE

Coventry, RI (January 13, 2015) – In an effort to offer enhanced service to its clients, OceanPoint Insurance announced the opening of its newest location within the BankNewport branch located at 730 Centre of New England Boulevard in Coventry, RI.

The opening of OceanPoint’s third location provides its clients with additional insurance and financial service options at a more convenient location for residents living in the West Bay.

Kim Raymond, former principal of Raymond Insurance and current Vice President of West Bay Operations for OceanPoint, will manage the new office.

“I am pleased that our Coventry location has officially opened its doors,” said Doug Mayhew, OceanPoint President and CEO.  “From our three locations in the West Bay, East Bay, and greater Newport, we can better service our growing client base throughout Rhode Island.”

“There’s genuine excitement that our business partner, OceanPoint Insurance, has opened its newest location within our Coventry branch facility,” stated BankNewport President and CEO, Sandra J. Pattie.  “We’re confident that the residents and businesses of Coventry and the West Bay will benefit by our team approach and solid reputation – OceanPoint and BankNewport are both Rhode Island based businesses offering a wide array of products, exceptional expertise and unparalleled service.”

President Pattie added, “Our partnership demonstrates a continued investment in our communities, in our employees and in our respective businesses.”

Hours for the new location will be Monday through Friday, 8:30 a.m. – 5:00 p.m., and evenings and Saturday by appointment.  To make an appointment, or for further information, contact Kim Raymond at kraymond@oceanpointins.com, call 401.826.3366, or visit www.oceanpointins.com.

About OceanPoint Insurance

Headquartered in Middletown, Rhode Island, OceanPoint Insurance Agency, Inc. provides a broad range of property casualty insurance products, in addition to a full array of financial services. Along with BankNewport, OceanPoint Insurance Agency, Inc. is a subsidiary of the Mutual Holding Company, OceanPoint Financial Partners, MHC. Tracing its roots back to 1863, OceanPoint Insurance Agency, Inc. is proud to serve the insurance needs of clients from three full service offices located in Middletown, Barrington, and Coventry, Rhode Island, forming one of the largest independent insurance agency operations in southeastern New England.  For more information, visit www.oceanpointins.com.

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