EagleBank Expands Advisory Boards in District of Columbia and Northern Virginia

BETHESDA, Md., Jan. 19, 2012 (GLOBE NEWSWIRE) -- EagleBank is proud to announce the addition of three new members, John Akridge, IV, George Chopivsky, IIIBrad Mendelson, to its District of Columbia Board,two new members, Susan GabayRobert Malm, to its Northern Virginia Advisory Board.

These Advisory Boards help generate more one-on-one communicationsinsight into the needs of local businesses. Members provide valuable feedback as they interact with bank managementtheir own variousspecific business segments.

The new Advisory Boards members include:

District of Columbia Advisory Board:

John Akridge, IV, Founder, Height Analytics-provides investment analysis in key regulated sectors by integrating fundamentalpolicy research to better understand the financial impact across the capital structure. As an independent firm, they are unburdened by traditional investment banking bureaucracies, allowing them to provide unbiased, predictive analysis. Akridge was Head of Arlington Sales Trading at FBR Capital Marketsspent eleven years on the trading desk.

George Chopivsky, III, Vice President-Mid Atlantic Region, Simpson Housing, LLP-a national fully-integrated real estate firm that is focused on developing, acquiring,operating multifamily apartment communities across the country. Chopivsky is a graduate of Yale University.

Brad L. Mendelson, CPA, MST, Principal, Mendelson & Mendelson-a CPA firm in Potomac, Maryland that offers a wide range of accountingtax services to individuals and business clients. Mendelson earned a Bachelor of Science in Management from Tulane University's Freeman School of Business in New Orleans, LA,a Master of Science in Taxation from American University's Kogod School of Business.  

Northern Virginia Advisory Board:

Susan M. Gabay, Managing DirectorFounder, Bluestone Capital Partners-directs key client relationshipsoversees transaction execution for the firm's client engagements. With more than 13 years of Wall Streetmiddle-market investment banking experience, Gabay has focused primarily on advising companies, investors,executives operating in the aerospace/defense, information technology,professionaltechnical services markets. Gabay was previously a senior vice president with BB&T Capital Markets|Windsor Group,also worked with Goldman Sachs Group, Inc. in New York. Gabay is a graduate of Duke University.

Robert Malm, Managing Partner, BeaconCrest Homes-is a luxury homebuilder in the Nation's Capital area. Malm, a native of the Washington, D.C. metropolitan area, is a second generation family homebuilder, who began learning the craft at an early age with . Malm is a graduate of Virginia Tech University.

Comprised of individuals well known in their respective fields, the Advisory Boards provide EagleBank with their expertise. Albert A. D'Alessandro, President, Financial Solutions, LLC, chairs all three advisory boards.  Other members include:

District of Columbia Advisory Board: Donald Blanchon, Whitman-Walker Health; Christopher M. Brown, Ackerman Legal, PLLC; Gregory J. Casten, OceanPro Industries, LLC; Barry N. Dickstein, Blackstreet Capital Management, LLC; Lynda Ellis, Capitol Concierge; and, Zeid Masri, SilverHaze Partners, LLC.

Maryland Advisory Board: Anthony A. Cantalupo, Jr.,The Cantalupo Law Group; Jay A. Eichberg, Eichberg Construction Co.; Joann Kay, Kay Brothers Management Co.; Maureen West McCarthy, CPA, Snyder Cohn, PC; Larry E. Walker, The Walker Group; Jeffrey E. Weintraub, CPA, Goodman & Company; and, Marc Wertheimer, Esq., Wertheimer & Ciazza, LLC.

Northern Virginia Advisory Board: Douglas C. Boggs, Esq., Patton Boggs; Kristina Bouweiri, Reston Limousine; Enrico Cecchi, IDI Group Companies; Matt Curry, Curry's Auto Service; Harry M. Glazer, Kelley Drye & Warren, LLP; Harry Klaff, Jones Lang LaSalle; Wade Tetsuka, CPA, U.S. Transactions, Corp.; and, Richard C. Thomas, Clark's Litho.

"I am very pleased to further enhance our DistrictNorthern Virginia Advisory Boards as we continue to attract very successful professionalsleaders in our community," said EagleBank President of Community Banking Thomas D. Murphy. "We are extremely fortunate to have such respectedtalented professionals join the EagleBank team,look forward to taking advantage of their experienceknowledge." 

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,conducts full service banking services through 15 offices, located in Montgomery County, Maryland, Washington, D.C.Northern Virginia. The Company focuses on building relationships with businesses, professionalsindividuals in its marketplace.

CONTACT: EagleBankThomas D. Murphy
         240.497.2042

Source: Eagle Bancorp, Inc.