I hope you had a good Thanksgiving, enjoying it with those who are special to you, and pausing to give thanks for all we are thankful for. Today, you may be hitting the malls, or at work or just relaxing again with family. Tomorrow, I urge you to shop at your local merchants. It’s Small Business Saturday, and it is most meaningful for all of us to support our area’s local small businesses. For they are the backbone of our area economy. That’s right. Generally speaking, small businesses are the job creators and fuel the engine of economic growth. Not only do small businesses employ local residents, but they give back to our community. That’s because for every $100 spent…Read More >
In May, I wrote about how EagleBank and George Mason University formed a major strategic alliance. The Bank gave $6.5 million to the University over ten years. It most visible effect is the renaming of the Patriot Center to EagleBank Arena. But the more important effects are not as visible: scholarships, internships, guest speaking in classes and mentoring, for example. Last Friday, this year’s five EagleBank scholarship recipients came to the EagleBank offices in Bethesda to meet with members of senior management. We got to know each other, learning about each of their passions and introducing them to community banking the EagleBank way. We also discussed entrepreneurship and leadership development, and the importance of giving back to the community. Then,…Read More >
Car speed is often measured by how quickly a vehicle goes from a standing start to sixty miles per hour. EagleBank opened its doors in 1998 as a brand new community bank. Friday, our assets exceeded $6 billion for the first time. Zero to 6.0 in just 17 years. How did we get here? From day one, we set out to be a different kind of bank – one where personal relationships really made a difference. To us, a loan is about more than numbers on a pro forma. A deposit is not just reflected in an interest rate. To us, it’s all about the people, and putting them, and our relationship with them, first. We’re flexible. And involved. And…Read More >
Recently, I had a conversation with EagleBank EVP/Director of Operations Chris Brockett that resonated with me. Chris accepted my invitation to write a guest post for my blog about it. People often ask me “as a banker, what keeps you up at night?” One major concern: cyber threats. Count on cybercriminals, probably our biggest cyber threat, to always try to be one step ahead. At EagleBank, we take the need for cybersecurity very seriously. It demands much of our time and effort, to ensure that our systems, your information – and your dollars – are as safe as they can be. In a future blog post, I’ll write about various programs we have in place. But the bank, on more…Read More >
This morning, EagleBank and George Mason University announced a landmark public-private alliance. The relationship includes scholarships, internships, academic support and athletics support. As a result of this relationship, the Patriot Center is being renamed the EagleBank Arena. Here are the remarks I made at this morning’s press conference. How appropriate it is that Patriots are joining forces with an eagle! This is a quintessentially American partnership, with the public and private sectors coming together to advance the common good. George Mason University and EagleBank have much in common. We’ve both been very strong performers in our relatively short lifespans. Mason has been serving students for only four decades and it is already one of the finest universities in the region.…Read More >
This Berry College live cam is focused on an eagle’s nest in GA; projected hatching of the two eggs is any day now. You can drop in and watch 24/7. Click here: http://new.livestream.com/berrynest1/cam.
The metropolitan Washington, DC metropolitan area is uniquely situated, spreading across three different jurisdictions. It’s easy to be parochial and put your state (or the District) first. For us to maximize our regional potential, however, we must embrace regional cooperation. For if we act as one, the sum will clearly be greater than the parts. I address this issue in this week’s Washington Business Journal. Guest Comment, Washington Business Journal, February 6, 2015 Edition
Recently I had the honor of addressing the graduating class of the Robert H. Smith School of Business at my alma mater, the University of Maryland. My remarks centered around developing leadership skills as the key to success in one’s business, civic and personal lives. An abbreviated version was published in The Washington Post’s Capital Business.
As 2014 comes to a close, I look back at the year that has been and the year that lies ahead. EagleBank is now the largest community bank headquartered in the Washington, DC metropolitan market, by any measure – deposit market share, assets, or stock market capitalization, for example. We are Maryland’s most profitable community bank. And with our merger with Virginia Heritage Bank now complete, we have more branches in Northern Virginia than in any other part of our region. While we are so proud of the success you have allowed us, we will never lose sight of what got us to this point. We will continue to focus on the formula that we so strongly believe in: personal…Read More >
It is with much enthusiasm that we welcome Virginia Heritage Bank customers and shareholders to the EagleBank family. What a combination of two great banks! We are now over $5 billion in assets, the largest of any community bank headquartered in the metropolitan Washington, DC area. In our market, we have the largest deposit market share, the largest stock market capitalization and the highest level of profits of any community bank. What does this mean for you? Whether already a customer of EagleBank or new to us, you will now have the convenience of banking with us through over 20 branches located in and around the Capital Beltway. As a result of the merger and increased capital strength, our legal lending limit is now close to $90 million.…Read More >