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For Immediate Release
April 24, 2002

Contact:
Brian Arsenault
(207) 761-8517
E-mail: barsenault@banknorth.com

Web Site: http://www.tdbank.com/

VP at Banknorth Insurance Group Receives Risk-Management Designation

Richard P. Crossman among elite group in New England

SOUTH PORTLAND, Maine - Morse Payson & Noyes, an affiliate of Banknorth Insurance Group in Portland, announced today that Richard P. Crossman, a vice president and commercial account executive, has received the national designation of Certified Risk Manager (CRM).

Crossman, who oversees insurance programs for Banknorth Insurance Group's commercial clients throughout New England, was one of only 21 insurance professionals in the region last year to hold the CRM designation. To receive this certification, he completed a rigorous five-course program that included examinations on subjects such as risk-management essentials, risk analysis, risk control, risk financing and risk administration.

Crossman joined Banknorth Insurance Group in 1979 and has 23 years in insurance. A Certified Insurance Counselor (CIC), he handles large commercial accounts, with a special interest in marine-related risks.

A resident of Camden, Crossman serves on the board of the Eastern Maine Development Corp., Northeast Health and Camden Health Care. He is the assistant varsity coach for the girls' basketball team at Camden Hills Regional High School. Originally from Vinalhaven, he is a graduate of the University of Maine in Orono and Vinalhaven High School.

Banknorth Insurance Group, a subsidiary of Banknorth Group in Portland, is the largest insurance group in New England and the 37th largest in the country, with offices throughout Maine, New Hampshire, Massachusetts and Connecticut.

The agencies of Banknorth Insurance Group include: Morse, Payson & Noyes in South Portland, Southwest Harbor and Auburn, Maine; New England Benefits in Sanford, Maine; W.C. Ladd & Sons in Camden, Rockland and Belfast, Maine; A.D. Davis in North Conway, Colebrook and Gorham, N.H.; Palmer Goodell Insurance Agency in Springfield, Mass; Catalano Insurance Agency in Methuen and Wilmington, Mass.; Waters Insurance Agency in Topsfield and Wenham, Mass.; and the Watson Group in Wethersfield, Conn.

The firm now has 380 employees, serving both commercial and consumer customers with insurance products from such major national insurers as OneBeacon, Travelers, Royal & SunAlliance, The Hartford, Hanover and Anthem. For more information about Banknorth Insurance Group, visit online at www.banknorth.com/insurance.

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