Daily News: January 21, 2015

EagleBank Appoints Rheaume EVP, C&I CLO

EagleBank announced Lindsey S. Rheaume was appointed EVP, C&I chief lending officer for the bank. He will be responsible for the expansion of the bank’s commercial and industrial portfolio, and will oversee EagleBank’s experienced C&I lending teams. Rheaume reports to Senior EVP and COO Susan G. Riel.

Rheaume has more than 25 years of commercial lending, credit risk and managerial experience in the financial industry. Most recently, he served as relationship executive for JPMorgan Chase, responsible for business development in the D.C., suburban Maryland and Northern Virginia market with clients ranging in revenue from $20 million to $500 million. Previously, he served as executive vice president and commercial lending manager at Virginia Commerce Bank, which was acquired by United Bank in 2014, where he managed the bank’s entire commercial and industrial lending activities. Earlier in his career, he held senior commercial lending and credit positions with SunTrust Bank, GE Capital and Bank of America.

“We are very pleased to welcome Lindsey to EagleBank’s leadership team,” said Chairman and CEO Ronald D. Paul. “We’re looking forward to drawing on his commercial lending expertise and veteran industry perspective. Lindsey’s demonstrated leadership in a number of prestigious organizations and in some large banking institutions will be of great value to EagleBank.”

“As chief lending officer at EagleBank, one of Rheaume’s roles is to ensure that DC-area local businesses—the backbone of most communities—realize that we, as a local community bank, are attuned to and focused on this same local community and its success. EagleBank understands the specific financial challenges of local businesses and develops many creative solutions they need to prosper and grow. To me, business success is all about relationships and knowing the customer, hisher business, and creating a relationship based on trust is where we begin.”