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EagleBank Announces the Opening of a New Branch in Montgomery County

Company Release - 11/12/2009 5:00 AM ET

BETHESDA, Md., Nov. 12, 2009 (GLOBE NEWSWIRE) -- EagleBank is pleased to announce that on November 2nd it opened a new branch at 12505 Park Potomac Avenue in Potomac, Maryland, just off of Montrose Road and Interstate 270. This new full-service facility continues the Company's planned expansion of its branch network, bringing the total number of branches in the Washington metropolitan area to fourteen. The announcement was made by Thomas D. Murphy, EagleBank's President of Retail Banking.

Mr. Murphy stated: "By launching our new Park Potomac office in Potomac, we have further expanded our branch network in Montgomery County and enhanced our ability to serve this vibrant market area with a full complement of products and services to business owners, professionals and consumers. Our Park Potomac Banking team, which has many years of experience, looks forward to serving the customers in this area. As a safe, secure financial institution that has been serving this local community for over 11 years, our goal is to continue to build trust and relationships so that customers will choose our bank for all their banking needs."

Park Potomac will be managed by Linda Dawkins, a seasoned business development officer and manager, and will be staffed by experienced professionals. The branch will be open, Monday-Thursday, 8:30am-4:00pm, Friday, 8:30am-5:00pm, and Saturday, 9:00am-12:00pm. The new branch features Drive-Up Service, ATM, Night Drop, Safe Deposit Boxes and offer a full array of lending, cash management and online banking services for both business and retail clients.

ABOUT EAGLE BANCORP, INC. AND EAGLEBANK

Eagle Bancorp, Inc. is the holding company for EagleBank, which commenced operations in 1998. The Bank is headquartered in Bethesda, Maryland, and conducts full service banking services through fourteen offices, located in Montgomery County, Maryland, Washington, D.C. and Northern Virginia. The Company focuses on building relationships with businesses, professionals and individuals in its marketplace.

The EagleBank logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6102

CONTACT:  EagleBank
          Thomas D. Murphy
          240.497.2042
          www.eaglebankcorp.com