Senior Vice President Ryan Riel Promoted to Team Leader, Commercial Real Estate Lending


BETHESDA, Md., July 28, 2011 (GLOBE NEWSWIRE) -- EagleBank (Nasdaq:EGBN), today announced that Ryan Riel will serve as a Team Leader in the Bank's growing Commercial Real Estate Lending division. Riel will report to Antonio F. (Tony) Marquez, Executive Vice President, Chief Real Estate Lender for the Bank. 

Riel has been on EagleBank's lending team for over 10 years, and instrumental in creating the growth of the Bank's Commercial Real Estate Lending portfolio. In this new capacity, Riel will lead a team of experienced lenders to provide customers with an even greater concentration of attention, service and responsiveness. Active in the community, Riel serves as a Board Member for The Children's Inn at The National Institutes of Health. Additionally, he is a willing volunteer and active participant in many of EagleBank's community sponsorships and fundraising endeavors. He, his wife and two daughters live in North Bethesda, MD.

"It is with confidence and pleasure that I see Ryan take on this increased responsibility. He has played an active and dedicated role in reaching out to our clients, getting to know their business and providing the solutions that create the success important to their growth and the Bank's," commented Chairman and CEO Ronald D. Paul. "Ryan learned early about the importance of building a relationship vs. just making a loan. Getting to know a client and anticipating their every need, often before they do, builds loyalty and trust in one's banker, which leads to solid, lasting customer relationships," concluded Paul.

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 fourteen 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



            

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