BETHESDA, Md., Jan. 12, 2017 (GLOBE NEWSWIRE) -- EagleBank is pleased to announce its participation in the Washington Suburban Sanitary Commission's (WSSC) new Business Investment and Growth (BIG) initiative aimed at enhancing and economically empowering local business lending. EagleBank is honored to have worked closely with the WSSC in the development of this exciting program. As one of the depositories in the BIG Program, EagleBank will join other participating community banks headquartered in Montgomery and Prince George's Counties in leveraging these new deposits to fund loans to qualifying local small businesses.
"We are delighted to have the opportunity to partner with the WSSC and to support their efforts to work with local small and minority owned businesses," stated Ronald D. Paul, Chairman & CEO of EagleBank. "By participating in the BIG program, EagleBank is able to increase and enhance our relationships with small and mid-size businesses that are contributing to job growth and business expansion across Montgomery and Prince George's Counties," Mr. Paul added.
About Eagle Bancorp, Inc. and EagleBank
Eagle Bancorp, Inc. is the holding company for EagleBank, which commenced operations in 1998. EagleBank is headquartered in Bethesda, Maryland, and conducts full service commercial banking through 21 offices, located in Montgomery County, Maryland, Washington, D.C. and Northern Virginia. EagleBank focuses on building relationships with businesses, professionals and individuals in its marketplace.