BETHESDA, Md., Jan. 24, 2011 (GLOBE NEWSWIRE) -- EagleBank announced this past Thursday, January 20, 2011, that it had entered into a Referral Agreement with Morgan Stanley Smith Barney LLC to offer customers investment advisory services. Under the program, EagleBank will refer bank customers and others to Graystone Consulting, a business of Morgan Stanley Smith Barney, which will provide a variety of investment advisory services to referred clients. This relationship will help to enhance the scope of financial services the Bank can provide to its customers.
The EagleBank logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6102Forward-looking Statements: This press release contains forward-looking statements within the meaning of the Securities and Exchange Act of 1934, as amended, including statements of goals, intentions, and expectations as to future trends, plans, events or results of Company operations and policies and regarding general economic conditions. In some cases, forward-looking statements can be identified by use of words such as "may," "will," "anticipates," "believes," "expects," "plans," "estimates," "potential," "continue," "should," and similar words or phrases. These statements are based upon current and anticipated economic conditions, nationally and in the Company's market, interest rates and interest rate policy, competitive factors, and other conditions which by their nature, are not susceptible to accurate forecast and are subject to significant uncertainty. Because of these uncertainties and the assumptions on which this discussion and the forward-looking statements are based, actual future operations and results in the future may differ materially from those indicated herein. For details on factors that could affect these expectations, see the risk factors and other cautionary language included in the Company's Annual Report on Form 10-K for the year ended December 31, 2009 and in other periodic and current reports filed with the SEC. Readers are cautioned against placing undue reliance on any such forward-looking statements. The Company's past results are not necessarily indicative of future performance. www.eaglebankcorp.com
CONTACT: EagleBank Ronald D. Paul 301.986.1800