EagleBank Signs Lease for Third Washington, D.C. Office
21 Juli 2004 - 10:03PM
PR Newswire (US)
EagleBank Signs Lease for Third Washington, D.C. Office BETHESDA,
Md., July 21 /PRNewswire-FirstCall/ -- Plans are underway for
EagleBank (NASDAQ:EGBN) to open a District of Columbia Regional
Office and its third branch in Washington, D.C. at 1425 K Street,
N.W. Bank management recently signed a lease with Blake Real Estate
Corporation for a 5200-square- foot space that will become the
bank's D.C. Regional Office. Pending regulatory approval, the
office will open in December 2004. "Our plan to create a regional
hub in Washington, D.C. is further evidence of our long-term
commitment to grow with this community," said Ronald D. Paul,
Chairman of the Board of EagleBank. "The opportunity to provide a
broad spectrum of financial products and services for small and
medium-sized businesses, professionals, and non-profits is one we
welcome. Personal service is still important to this segment of the
market." "We also look forward to a long and rewarding relationship
with the Blake Real Estate family as we work on the 1425 K Street
project and others in the future," said Mr. Paul. EagleBank, a
community business bank, commenced operations in July 1998 and has
grown to over $460 million in assets in the first six years. The
bank has five offices in Montgomery County and two other
Washington, D.C. branches at 2001 K Street, N.W. and 1228
Connecticut Avenue, N.W. DATASOURCE: EagleBank CONTACT: Thomas D.
Murphy of EagleBank, +1-240-497-2042 Web site:
http://www.eaglebankmd.com/
Copyright
Eagle Bancorp (NASDAQ:EGBN)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Eagle Bancorp (NASDAQ:EGBN)
Historical Stock Chart
Von Jul 2023 bis Jul 2024