BETHESDA, Md., June 11, 2012 (GLOBE NEWSWIRE) -- EagleBank today announced that it has executed a lease, subject to regulatory approval, for a new branch in Alexandria, Virginia. The branch will be located in The Atrium Building at 277 S. Washington Street, in the heart of Old Town Alexandria between Duke and King Streets.
Expected to open next Winter, the new full-service EagleBank branch, with customer parking available, will offer a night drop, an ATM, and a full array of lending, cash management and online banking services for both business and retail clients. This new location will mark EagleBank's 6thNorthern Virginia location,joining existing branches in Tysons Corner, Ballston, Rosslyn, Reston, and a planned branch in Merrifield. When opened, the Alexandria branch will be EagleBank's 18th location throughout the Metro Washington, DC area.
"We are looking forward to serving the financial needs of this unique market with its exciting mix of history, local homeowner pride, tourist appeal, and vibrant business activity. An office in Alexandria will allow us to better serve current customers who work and/or live in the area and also reach out to new customers who have not yet discovered a local-area bank that truly focuses on individual needs and can offer creative, custom solutions," commented President of Community Banking Thomas D. Murphy. "The addition of this branch continues to demonstrate EagleBank's commitment to the Northern Virginia community."
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 sixteen 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.
www.eaglebankcorp.com
The Eagle Bancorp, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6101
CONTACT: EAGLEBANK CONTACT
Thomas D. Murphy
240.497.2042
Source: Eagle Bancorp, Inc.