Business & Tech

EagleBank Buys Alliance Bankshares

EagleBank is eager to move into Northern Virginia.

, based in Bethesda, announced plans last week to buy , which is headquarted in Chantilly, for $31.2 million.

The Washington Post is reporting that EagleBank has already opened a location in Tysons Corner and signed leases in Reston, Ballston and Rosslyn.

After the merger with Alliance, EagleBank will gain six branches in Northern Virginia, $536 million in assets and $412 million in deposits.

Find out what's happening in Chantillyfor free with the latest updates from Patch.

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Find out what's happening in Chantillyfor free with the latest updates from Patch.

 

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