EagleBank Signs Lease for Ballston, Virginia Branch Location
23 November 2010 - 9:00PM
EagleBank today announced that it has executed a lease, subject to
regulatory approval, for a new branch in Ballston located at 4420
North Fairfax Drive, in Arlington, Virginia. The branch is located
at the intersection of North Fairfax Drive and North Vermont
Street, just blocks from the Ballston Metro station.
Expected to open during the 2nd Quarter of 2011, the new
full-service EagleBank branch will offer a night drop, an ATM, a
drive-up window, and a full array of lending, cash management and
online banking services for both business and retail
customers. This new location will mark EagleBank's 3rd
Northern Virginia location,joining an existing branch in Tysons
Corner and an announced branch in Rosslyn. When opened, the
Ballston branch will be EagleBank's 15th location throughout the
Metro Washington, DC area.
"As a local, community bank, we are particularly excited about
becoming a member of the Ballston community—a vibrant area that
allows us to serve an exciting mix of commercial, retail and
residential customers," commented Chairman and Chief Executive
Officer Ronald D. Paul. "We see growth potential in the
Northern Virginia market and embrace the opportunity to provide a
full complement of banking products and services delivered with
extraordinary customer service."
President of Retail Banking Thomas D. Murphy added, "As we
continue to expand in Northern Virginia, this Ballston location
will provide additional convenience to many customers who already
bank with us. We look forward to meeting new neighbors and
introducing them to our professional banking team, our products and
services and our reputation for listening to customers' needs and
responding with outstanding personal attention and custom
solutions."
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 twelve 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
www.eaglebankcorp.com
CONTACT: EagleBank
Thomas D. Murphy
240.497.2042
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