EagleBank Chairman and CEO, Ronald D. Paul, Appointed to National Community Bank Council
09 July 2012 - 7:00PM
EagleBank is pleased to announce that Chairman and CEO Ronald D.
Paul has been appointed to the Independent Community Bankers of
America (ICBA) Large Community Bank Council. The council, which has
evolved over the last three years, meets to discuss unique issues
that affect larger community banks (defined as community banks with
approximately $1 billion or more in assets).
"It's an honor to be appointed to this council. EagleBank
is a proud supporter of ICBA, the leading association in the United
States that represents community banks. ICBA's mission is to
create and promote an environment where community banks
flourish. Addressing the specific needs of larger community
banks like EagleBank is critical to this industry's future," said
Paul. "Community banks are one of the fastest growing and most
important engines of job growth and business revitalization in this
country. The needs of community bankers have to be heard and
met...it is necessary for the health of our economy and is
important to banks of all sizes. ICBA's advocacy efforts play
a key role in promoting the interests of community banks and what
they contribute to our communities."
ICBA is the Nation's voice for more than 7,000 community banks
of all sizes and charter types. The Association is dedicated
exclusively to representing the interests of the community
banking industry and its membership through effective advocacy,
best-in-class education and high-quality products and services.
While 91% of all banks in the nation are under $1 billion in
assets, there is also an important segment within the banking
industry represented by community banks over $1 billion in assets.
The ICBA recognizes the unique role of these larger community
banks, not only to their local economies, but also in their
contributions to the industry as a whole.
"Ron Paul is a respected community leader in the D.C. area and
has been a long-time champion of community banks," said Cam Fine
ICBA president and CEO. "EagleBank is an exceptional example
of what community banks bring to their local economies. They
help local small businesses get started and thrive, while creating
jobs and keeping deposits where they belong—in the 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.
The EagleBank logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6102
www.eaglebankcorp.com
CONTACT: EAGLEBANK CONTACT
Michael T. Flynn
240.497.2040
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