June 21, 2011

Bowled Over by Success of Military Bowl

Three years ago, EagleBank became the charter sponsor of the EagleBank Bowl, bringing college playoff football to the nation’s capital.  It was cold that first year, and Wake Forest beat Navy.

The bowl actually had multiple winners.  Of course, the fans – in the stadium and on ESPN.  But more importantly, the EagleBank Bowl made generous grants to numerous organizations, including the Wounded Warrior Project, the National Kidney Foundation, the DC Public Education Fund and inner-city youth charity Public Choices.

And just as importantly, the Bowl has been a boon to the local economy.

As the Bowl grew in success and started to achieve national recognition, EagleBank realized that it was time to step aside and allow a national sponsor to assume the helm, enabling the bowl to truly become national in scope.  Northrop Grumman recognized the value of the Bowl.  It’s now known as the Military Bowl.  Of course, EagleBank stayed involved, continuing its support, and remaining the official bank of the game.

A new report addresses the economic success of the 2010 Military Bowl game between Maryland and East Carolina.  We are proud to say that the Bowl we helped create injected $18 million into the local economy, bringing income to many small businesses.  Out-of-town visitors counted for over 26,000 of the almost 39,000 attendees.

EagleBank continues to be involved in the community.  Our employees are active in numerous organizations.  And the Seventh Annual EagleBank Fight Breast Cancer Golf Classic is coming up on Columbus Day, October 10.  To learn more, visit www.eaglebankfoundation.com.