EagleBank
Encyclopedia
EagleBank is a bank
in the Washington, D.C. metropolitan area. It may be best known for sponsoring the EagleBank Bowl, a college football
bowl game
first held in December 2008
. The bank is operated by Eagle Bancorp, Inc., which is headquartered in Bethesda
, Maryland
.
Eagle Bancorp, Inc. operates as the bank the holding company for EagleBank that provides various commercial and consumer banking services. It accepts a range of deposit products, which comprise business and personal checking accounts, negotiable order of withdrawal accounts, savings and money market accounts, time deposits, and individual retirement accounts. The companys loan portfolio comprises commercial loans for business purposes, including working capital, equipment purchases, lines of credit, and government contract financing; asset based lending and accounts receivable financing; real estate loans consisting of construction loan financing; business equipment financing; consumer installment loans, including automobile and personal loans; personal lines of credit; residential mortgage loans; and credit card services. It also offers various cash management services, such as electronic banking, business sweep accounts, lock box, account reconciliation, credit card depository, safety deposit boxes, automated clearing house origination, after-hours depositories, and ATM services. Eagle Bancorp primarily serves business and professional clients, such as sole proprietors, small and medium-sized businesses, partnerships, corporations, and nonprofit organizations and associations, as well as individuals.
In addition, the company, through its other subsidiary, Eagle Commercial Ventures LLC, provides subordinated financing for the acquisition, development, and construction of real estate projects. As of March 23, 2010, it operated 14 offices in Montgomery county, Maryland; Washington, the District of Columbia; and northern Virginia. The company was founded in 1997 and is headquartered in Bethesda, Maryland.
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
in the Washington, D.C. metropolitan area. It may be best known for sponsoring the EagleBank Bowl, a college football
College football
College football refers to American football played by teams of student athletes fielded by American universities, colleges, and military academies, or Canadian football played by teams of student athletes fielded by Canadian universities...
bowl game
Bowl game
In North America, a bowl game is commonly considered to refer to one of a number of post-season college football games. Prior to 2002, bowl game statistics were not included in players' career totals and the games were mostly considered to be exhibition games involving a payout to participating...
first held in December 2008
2008 EagleBank Bowl
The 2008 EagleBank Bowl was the inaugural edition of the new college football bowl game, and was played at Robert F. Kennedy Memorial Stadium in Washington, DC. The game, formerly known as the Congressional Bowl before naming rights were purchased by EagleBank, started at 11 AM US EST on...
. The bank is operated by Eagle Bancorp, Inc., which is headquartered in Bethesda
Bethesda
Bethesda , originally referring to the Pool of Bethesda in Jerusalem , may also refer to:-United States:*Bethesda, Davidson County, North Carolina...
, Maryland
Maryland
Maryland is a U.S. state located in the Mid Atlantic region of the United States, bordering Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware to its east...
.
Eagle Bancorp, Inc. operates as the bank the holding company for EagleBank that provides various commercial and consumer banking services. It accepts a range of deposit products, which comprise business and personal checking accounts, negotiable order of withdrawal accounts, savings and money market accounts, time deposits, and individual retirement accounts. The companys loan portfolio comprises commercial loans for business purposes, including working capital, equipment purchases, lines of credit, and government contract financing; asset based lending and accounts receivable financing; real estate loans consisting of construction loan financing; business equipment financing; consumer installment loans, including automobile and personal loans; personal lines of credit; residential mortgage loans; and credit card services. It also offers various cash management services, such as electronic banking, business sweep accounts, lock box, account reconciliation, credit card depository, safety deposit boxes, automated clearing house origination, after-hours depositories, and ATM services. Eagle Bancorp primarily serves business and professional clients, such as sole proprietors, small and medium-sized businesses, partnerships, corporations, and nonprofit organizations and associations, as well as individuals.
In addition, the company, through its other subsidiary, Eagle Commercial Ventures LLC, provides subordinated financing for the acquisition, development, and construction of real estate projects. As of March 23, 2010, it operated 14 offices in Montgomery county, Maryland; Washington, the District of Columbia; and northern Virginia. The company was founded in 1997 and is headquartered in Bethesda, Maryland.