EagleBank Adds Experienced Commercial Real Estate Expert to the Board of Directors

Group 1 - EagleBank appointed Pete Mathews as an independent member of its Board of Directors effective July 26, 2024, enhancing the Board's expertise in Commercial Real Estate (CRE) [2][4] - The Board will now consist of 10 directors, with 8 being independent, reflecting a strong governance structure [2] - Mathews brings over 40 years of experience in the CRE industry, having previously served as Senior Executive Vice President at M&T Bank, where he oversaw commercial and CRE credit teams [1][3] Group 2 - EagleBank has a strong foundation in CRE, which has been a core focus since its inception 25 years ago, positioning the bank as a local leader in the industry [4] - The bank operates 12 offices across Suburban Maryland, Washington, D.C., and Northern Virginia, emphasizing relationship-building with businesses and individuals [7] - EagleBank is one of the largest community banks in the Washington, D.C. area, indicating its significant market presence [2]