“The captive program we implemented with KeyState has worked exactly as they initially described – no surprises.” Stuart Bradt, Controller

“As promised, the setup and ongoing operation of our captive did not become another big project for our bank. Our team only spends about 20 hours a year on the captive.” Don Hileman, CEO

“We were in the first group of banks to join KeyState’s Bank Captive Program. Now, almost 90% of banks in Indiana over $500mm have implemented a captive. We are pleased that we have been accruing the benefits of the captive from the very beginning.” Mark Secor, CFO

“We are very pleased with KeyState’s Bank Captive Program. The benefits are very compelling.” Donna Beilfuss, CFO

“KeyState’s an outstanding partner – they have serviced our Nevada investment subsidiary since the early 1990s.” Todd James, CFO

“KeyState provides our Nevada investment subsidiary with investment officers who have decades of experience in fixed income markets, which has greatly enhanced our overall process for managing the bank’s consolidated portfolio. Along with their market expertise, KeyState’s operational efficiencies make it easy to do business with them, which is why we have enjoyed the long-standing relationship with them since we started our investment subsidiary in 2004.” Marvin Veatch, CFO

“With our captive in place, we have mitigated a portion of risk inherent in traditional commercial insurance programs in a manner that can also enhance the Bank's earnings. KeyState handles the management of our captive and their team has demonstrated the knowledge, attention to detail and high level of cooperation that OceanFirst values when selecting a partner,” notes Joseph Iantosca, EVP & CAO, OceanFirst Bank.