USCGC Point Cypress (WPB-82326) was an 82-foot (25 m) Point-class cutter constructed at the Coast Guard Yard at Curtis Bay, Maryland in 1961 for use as a law enforcement and search and rescue patrol boat.

[9] The design specifications for Point Cypress included a steel hull for durability and an aluminum superstructure and longitudinally framed construction was used to save weight.

[6] At the request of the United States Navy, in October 1965, she was alerted for service in South Vietnam and assigned to Coast Guard Squadron One in support of Operation Market Time along with eight other Point-class cutters.

[13][14] While the crew completed overseas training and weapons qualifications at Coast Guard Island and Camp Parks, California, Point Cypress was loaded on board merchant ship SS Pioneer Myth and transported to Subic Bay, Philippines arriving in January 1966 where she was refitted for combat service.

After sea trials, the Division left Subic Bay for Cat Lo on 19 February 1966 in the company of USS Forster, their temporary support ship.

On 10 May 1966 while on patrol, Division 11 cutter USCGC Point Grey interdicted a 120-foot (37 m) steel-hull trawler that beached near the Ca Mau Peninsula under covering fire from Viet Cong (VC) hiding in the tree line.

[23][24] Point Cypress helped with the rescue Philippine tugboat Alyee which was threatened by high seas while pulling four barges from Saigon to Cam Ranh Bay on 16 December 1967.

[25] On 5 December 1968, Fireman Heriberto S. "Ed" Hernandez, a crewman of Point Cypress, was killed in action during small boat operations near the Ca Mau Peninsula.

After both cutters had turned around in the narrow canal, Point Marone was damaged by a command detonated mine causing three deaths among the Vietnamese crew and Scouts and several injuries.