EagleBank Makes Emergency Funds Available to George Mason University
April 16 2020 - 6:00AM
EagleBank announced today that it has provided $50,000 to George
Mason University’s School of Business to support students applying
for emergency aid during the coronavirus crisis. The monies will be
advanced from funds previously established by EagleBank for
entrepreneurship and commercial real estate scholarships.
“In this time of crisis, we are pleased to be
able to assist George Mason students and to provide the funding
that can ease their way back home and provide them with the tools
needed for distance learning,” said Susan Riel, President and Chief
Executive Officer of EagleBank.
Mason business students, particularly those who
have lost jobs, can use the emergency assistance to meet urgent
financial needs such as food, rent, tuition and technology
equipment. EagleBank’s contribution is a significant part of an
emergency fund that now totals $1.1 million and has already helped
967 Mason students.
“We are very grateful for the support of our
friends at EagleBank and hope that others will be inspired by their
generosity,” said Maury Peiperl, dean of Mason’s School of
Business. “Now more than ever it is incumbent on all of us to
help make it possible for our students to continue their Mason
education, despite significant challenges.”
EagleBank has had a strong commitment to George
Mason University since 2015, when it acquired the naming rights to
EagleBank Arena on Mason’s main campus in Fairfax and entered into
a strategic partnership to support academic scholarships,
internships and select infrastructure opportunities. George Mason
and EagleBank share a commitment to public service – with a strong
focus on educating future leaders and strengthening the local
economy.
About Eagle Bancorp, Inc. and
EagleBankEagle Bancorp, Inc. is the holding company for
EagleBank, which commenced operations in 1998. EagleBank is
headquartered in Bethesda, Maryland, and conducts full service
commercial banking through 20 offices, located in Suburban,
Maryland, Washington, D.C. and Northern Virginia. EagleBank focuses
on building relationships with businesses, professionals and
individuals in its marketplace.
EagleBank ContactVikki Kayne301.986.1800
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