EagleBank Foundation Supports COVID-19 Relief in the Washington Metro Area

Rhea-AI Summary

EagleBank Foundation has donated $100,000 to local hospitals and organizations combating COVID-19, addressing the economic strain on communities. The funding is designated for securing PPE, hospital technology, and meals for families. Recipients include major healthcare facilities like Medstar Washington Hospital Center and food assistance organizations such as World Central Kitchen. Additionally, they previously provided $50,000 in emergency aid to students affected by the crisis. This initiative highlights EagleBank's commitment to supporting healthcare workers and local communities in need.

Positive

• Donation of $100,000 to support local hospitals and community organizations fighting COVID-19.
• Funds allocated for PPE, hospital technology, and meals for families.
• Support for critical facilities like Medstar Washington Hospital Center and Inova Fairfax Hospital.
• Previous allocation of $50,000 to assist George Mason University students displaced by COVID-19.

Negative

• None.

BETHESDA, Md., May 28, 2020 (GLOBE NEWSWIRE) -- The EagleBank Foundation is pleased to announce a $100,000 donation to area hospitals and community organizations fighting COVID-19. The foundation identified several area hospitals hard hit by the pandemic, as well as food banks and first responder aid organizations serving a community that is struggling under the economic weight of the crisis. 

The funds will help secure PPE, hospital in-room technology for healthcare staff, and meals for families in the community. “We owe a debt of gratitude to our healthcare and first responder teams across the region at this time,” said Susan Riel, President and CEO of EagleBank. “Any help we can provide by ensuring that they receive adequate PPE and medical equipment is the least we can do.” 

EagleBank Foundation is providing funds to the following recipients:

Hospitals

• Medstar Washington Hospital Center
• Holy Cross Hospital in Silver Spring
• Adventist HealthCare Shady Grove Medical Center in Rockville
• Prince George’s Hospital Center in Cheverly
• Inova Fairfax Hospital
• Virginia Hospital Center

Area Food Banks

• World Central Kitchen
• Capital Area Food Bank
• Shepherd’s Table

First Responders

• First Responders Children’s Foundation COVID-19 Emergency Response Fund

“We are honored to provide critical funds for frontline healthcare workers and first responders as well as our fellow community members who are suffering economically at this time,” said Don Rogers, Chairman of the EagleBank Foundation. “We are grateful to deliver support to our community as we come together to move past this crisis.”

Early in the pandemic, EagleBank also allocated $50,000 in emergency aid to George Mason University students displaced by the COVID 19 crisis.

About Eagle Bancorp, Inc. and EagleBank
Eagle 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 Contact               
Vikki Kayne, SVP and Chief Marketing Officer
301.986.1800

FAQ

How much did EagleBank donate for COVID-19 relief?

EagleBank Foundation donated $100,000 to local hospitals and organizations combating COVID-19.

Which hospitals received funds from EagleBank for COVID-19 assistance?

The hospitals include Medstar Washington Hospital Center, Holy Cross Hospital, Adventist HealthCare Shady Grove Medical Center, and others.

What specific purposes will the EagleBank COVID-19 donation serve?

The funds will be used to secure PPE, hospital technology, and meals for families in the community.

Did EagleBank provide any financial assistance to students during the COVID-19 pandemic?

Yes, EagleBank allocated $50,000 in emergency aid to George Mason University students displaced by the COVID-19 crisis.