EagleBank Announces the Opening of a New Branch in Reston, Virginia

EagleBank, today, announced the opening of a new branch in Reston, Virginia in the "One Reston Overlook" building at 12011 Sunset Hills Road—outside the Reston Town Center.   

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 later this year in Merrifield. The Reston Branch marks EagleBank's 4th Northern Virginia location, joining an existing branch in Tysons Corner and two branches in Arlington—one in Ballston and one in Rosslyn—and its 16th location throughout the Metro Washington, DC area.  

Thomas D. Murphy, EagleBank's President of Community Banking, stated: "The opening of the Reston office extends our coverage in Fairfax County, a market that presents extraordinary opportunities for EagleBank. This is another important step in our growth strategy for Northern Virginia, where we are committed to reaching more customers and growing our business.  We believe our philosophy of serving communities with a wide array of competitive products, convenient access and unsurpassed customer service will be well received by Reston's businesses, professionals and residents. We are committed to building longstanding financial relationships in this vibrant community."  

Louise Johnson leads the Reston office as branch manager, with more than 13 years experience in branch management.  Johnson is joined by an experienced team of relationship bankers.  The new branch 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, 8:30 a.m. to 4:00 p.m. and Friday, 8:30 a.m. to 5:00 p.m.

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:
         Thomas D. Murphy
         240.497.2042