Commitment to Community
As one of the leading community banks in our region, EagleBank has long been an active contributor of time and resources in the Washington, DC region. We help create local jobs, reinvest local dollars back into the community, and provide a source for financial education. During our 26 years in the market, we have dedicated millions of dollars locally to affordable housing, small business access to capital, healthcare and education initiatives.
EagleBank’s mission statement affirms that we differentiate ourselves by our leadership role in “supporting and enhancing our community.” We take our role of corporate citizen seriously, whether it is branch managers teaching financial literacy to middle schoolers, a commercial banker presenting a cash flow how-to for small business owners, or employees working hand-in-hand with community partners for a variety of philanthropic causes.
Some of the biggest tools EagleBank uses to create and maintain strong relationships within our community are our lending programs. By financing projects throughout our footprint, we help transform streetscapes across the entire DC area, including under-served areas. It is a mission of EagleBank to foster inclusivity and support our local community and economy. Our dedication to supporting and investing in affordable housing options includes a number of investment vehicles that provide positive social impact.
We invest in transformational initiatives that preserve and create affordable workforce housing in rapidly changing communities throughout the Washington, DC region. A few examples of EagleBank’s recent Community Development financing:
November 2022 – Announced financing for a $50 million affordable rent property with 259 units in Reston, Virginia
October 2022 – Announced financing for a $42 million mixed-use development project with Howard University for the Shaw neighborhood of Washington DC
September 2023 – Provided financing for a $55 million affordable, assisted living property, known as "The Residences at Benning Road", with 156 units in northeast, Washington DC
March 2024 – Provided $4.6 million in financing to Mamie D. Lee LLC, a collaboration between Briya Public Charter School and Bridges Public Charter School. This funding helped lease and develop a former D.C. Public School.
Community Development Loans (2015-present) Over $1.55 billion
Behind the scenes at EagleBank is an impressive operation that is constantly striving to bring our region more secure and convenient business banking options. We are experienced, relationship bankers who know, love, and serve our community because it’s where we live, work, play, and raise our families. We dedicate our volunteer efforts to making an impact on the wellbeing of our entire community. We are proud to see EagleBank listed year after year near the top of Washington Business Journal’s list of Top Corporate Philanthropists for DC area’s midsize companies. The ranking considers dollars given plus volunteer hours.
Notable highlights in 2024:
January 2024 – 20 EagleBank employees packed food and supplies for low-income families in partnership with Nourishing Bethesda, a non-profit organization whose mission is to address urgent short-term food needs for individuals and families. The organization supports nearly 5,000 individuals and families per month.
May 2024 – EagleBank employees participated in a Habitat for Humanity rehabilitation project in Montgomery County. A team of ten women worked together on a series of outdoor construction tasks to help build one home in Silver Spring, MD.
June 2024 – Nine employees from EagleBank’s Commercial Real Estate Team volunteered to bag and distribute groceries to community members in Southeast, DC in support of The ARC, a non-profit serving Washington, D.C.’s Ward 8.
November 2024 – 19 EagleBank employees volunteered at So What Else, a non-profit organization located in North Bethesda MD. The time there was spent packing produce into individual portions to be provided to low-income individuals and families. The organization's mission is to ensure that no child in the Maryland and Washington DC communities experiences hunger and has access to meaningful opportunities to learn and grow outside of the school day.
Community Volunteer Hours Logged (2018-2024): 31,426
The EagleBank Foundation’s annual Golf Classic has raised over $6.5 million for Cancer Research since its inception in 2005. EagleBank Foundation philanthropy enables over 20 local hospitals and other cancer-focused organizations in our community to continue ongoing research and provide support services — all dedicated to putting an end to cancer.
The Foundation’s mission has always been to advance the health and wellbeing of our communities. Organizations receiving EagleBank Foundation funds include Children's Hospital, The Children's Inn @ NIH, Medstar Washington Hospital Center, Holy Cross Hospital, Adventist HealthCare, BREM Foundation, Shady Grove Medical Center, Suburban Hospital, Prince George’s Hospital Center, Inova Fairfax Hospital, Virginia Hospital Center, Hope Connections, Driven to Cure, World Central Kitchen, Capital Area Food Bank, Food & Friends, Shepherd’s Table, and First Responders Children’s Foundation.
Donations to date: Over $6.5 Million (2005-present)
The Foundation also matches the personal charitable giving of EagleBank’s nearly 500 employees through our Employee Matching Gift Program.
Matched donations: Our employees donated $55,830 and EagleBank Foundation matched with $23,431 (2018-present)
Click here to visit the EagleBank Foundation website for more information.
At EagleBank, we never forget that “community” is the first word in community bank. Right from the start, we have supported hundreds of local non-profits and organizations through sponsorships and donations. Some of our most rewarding relationships have been with groups serving the homeless, those fighting cancer, and under-served children in DC’s Wards 7 and 8. EagleBank is consistently ranked near the top of Washington Business Journal’s list of Top Corporate Philanthropists for DC area’s midsize companies.
EagleBank’s support of local charities over the course of decades, has helped to further the goals of these wonderful organizations such as: The Children’s Inn at NIH, Whitman-Walker, Habitat for Humanity-Metro Maryland, Trust for the National Mall, and the Historical Society of Washington, DC, and Latin American Youth Center.
EagleBank is also an eager supporter of DC SCORES which makes a meaningful impact on the lives of under-served Washington, DC, public school kids every year by fostering soccer skills and teaching writing skills via the poetic form. EagleBank became the lead sponsor of the charity’s annual fundraiser, the SCORES Cup, in 2023.
In September 2024, EagleBank partnered with Catherine T. Reed Elementary School in Prince George’s County, MD, donating essential supplies to both teachers and students.
Supported local non-profits and organizations in their fundraising efforts: over $828,492 (2018-2024)
Outright donations to area non-profits and organizations: over $511,337 (2018-2024)
EagleBank and George Mason University
On May 7, 2015, EagleBank entered into a long-term relationship with George Mason University. It is broad-based and multi-faceted. EagleBank has been providing scholarships to students, hiring graduates and alumni, sponsoring internships, hosting speaker series, and more.
EagleBank Employee Scholarship Program
The EagleBank Employee Scholarship Program, sponsored by our Diversity Equity & Inclusion Council, is designed specifically to support the pursuit of higher education by our employees. The program provides a one-time per academic year award of up to $5,000 per employee. Award decisions are based on academic achievement, community involvement, work experience and financial need. Up to ten $5,000 scholarships are awarded each academic year to eligible employees.
Partnership with Don Bosco Cristo Rey High School
For the 2024-2025 school year, EagleBank partnered with Don Bosco Cristo Rey High School as part of their Corporate Work Study Program. This program allows students to gain real-world job experience while earning 60% of their annual tuition. Two students currently work with EagleBank one day a week throughout the school year.
Financial Literacy
At the core of EagleBank’s mission is the commitment to providing financial education to consumers through our knowledgeable bankers. We engage in various community partnerships, host webinars, attend small business expos, and contribute to local media to promote financial literacy.
On October 8, 2024, EagleBank partnered with the Greater Washington Black Chamber of Commerce to launch a financial literacy program for small businesses. This ongoing weekly program offers webinars and in-person sessions covering various financial topics and providing technical assistance to support small business growth.
EagleBank provides financial education to consumers and small businesses.
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