Eagle Bancorp, Inc. Announces Management Appointments
March 31, 2020 at 01:28 pm EDT
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On March 25, 2020, the Board of Directors of Eagle Bancorp, Inc. determined that the role of Norman R. Pozez, Chairman of the Board of Directors, should include additional management responsibilities and appointed him Executive Chairman of the Board of Directors. He will continue to collaborate with Ms. Riel, President and CEO, in leading the Company and the Bank. In order to ensure continued independent oversight at the highest levels, the Board of Directors appointed Theresa G. LaPlaca as Lead Independent Director of the Board of Directors.
Eagle Bancorp, Inc. is a bank holding company for EagleBank (the Bank). The Bank is a chartered commercial bank. The Company, through the Bank, conducts a full-service community banking business in Northern Virginia, Suburban Maryland and Washington, D.C. The primary financial services offered by the Bank include real estate, commercial and consumer lending, as well as traditional deposit and repurchase agreement products. The Bank offers a range of commercial banking services to its business and professional clients, as well as consumer banking services to individuals living and/or working primarily in the Bankâs market area. The Bankâs loan portfolio consists of traditional business and real estate secured loans. It operates 13 branch offices: six in Suburban Maryland, four located in the District of Columbia, and three in Northern Virginia. It also has four lending centers and utilizes various digital capabilities, including remote deposit services and mobile banking services.