EGBN Eagle Bancorp Inc

EagleBank, today, announced the opening of a new branch in the mixed-use development Mosaic District, in the Merrifield area of Fairfax County. The branch is located at 2905 District Avenue, off Gallows Road and Lee Highway, in Mosaic's Fashion & Retail District—among a mix of retailers & restaurants.

This new full-service facility continues the Company's planned expansion of its branch network in the Northern Virginia market, with one additional branch scheduled to open in early 2013 in Alexandria. The Merrifield Branch marks EagleBank's 17th location throughout the Metro Washington, DC area and its 5th Northern Virginia location. Existing Virginia branches are in Tysons Corner, two in Arlington (Ballston and Rosslyn) and one in Reston.  

"The Merrifield location gives us a great opportunity to reach more Northern Virginia business owners who are looking for a solid banking relationship with a trusted local bank," commented Thomas D. Murphy, EagleBank's President of Community Banking.  "EagleBank is proud to be part of the beautiful, new Mosaic District and eager to provide superior customer service, cutting-edge banking products and the kind of quick response and custom solutions that only a strong, local bank can offer," he concluded.

The new full-service branch, managed by an experienced team of relationship bankers, offers safe deposit boxes, an ATM, a night drop, and a full array of lending, cash management and online banking services for both business and retail customers. Lobby hours are Monday through Thursday, 8:30AM to 4:00PM, Friday, 8:30AM to 5:00PM and Saturday, 9:00AM to 12 Noon.

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 seventeen 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: Thomas D. Murphy
         240.497.2042