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Friday, June 3rd, 2011

Debby Chui, Brian Mann Join First Commons Bank to Lead New Wellesley Branch

Newton, Massachusetts, USA – June 3, 2011 – First Commons Bank, N.A., of Newton, Mass., has announced the management team for its soon-to-open Wellesley branch office: Debby Chui will be Vice President and Branch Manager, and Brian Mann will be Assistant Branch Manager. The Wellesley branch is scheduled to open this summer at 161 Linden Street, in Linden Square. First Commons Bank opened for business on July 22, 2009, and serves businesses and individuals in Newton, Wellesley, Waltham, and eastern Massachusetts.

“We are pleased that Debby and Brian joined our team. Together, they have 33 years of banking experience and, more importantly, they have over 20 years of Retail Banking experience in the town of Wellesley. Debby and Brian will provide our clients with solid banking expertise as well as extensive knowledge of the local community,” said Tony Nuzzo, Chairman, President, and Chief Executive Officer.

As Vice President and Branch Manager, Ms. Chui, of Newton, Mass., will be responsible for the daily sales and operations of the new Wellesley office; and she will be reporting to Mark Jurilla, Chief Retail Officer. Prior to joining First Commons Bank, Ms. Chui was Vice President and Branch Manager of two RBS Citizens Bank branches in Wellesley. She managed the Linden Street branch from 2006 until 2011, adding responsibility for the Central Street branch in 2007 until 2011. Prior to joining RBS Citizens, Ms. Chui was a Project Manager for Dataware Solutions in Burlington, Mass., where she managed the Putnam account. Previously, she was a Business Consultant for CGU in Foxboro, Mass. Ms. Chui is active in the Wellesley community. She is a member of WOW (World of Wellesley), a nonprofit organization supporting minority professionals in Wellesley. She is also a past board member of the Wellesley Chamber of Commerce. Ms. Chui is a graduate of Brandeis University.

Mr. Mann, of Newton, Mass. will be the Assistant Branch Manager in Wellesley and support the branch’s day-to-day sales and operations. Mr. Mann has 27 years of banking experience. Before joining First Commons Bank, Mr. Mann was a banking executive in the Wellesley community for 16 years. He was Assistant Branch Manager for Cambridgeport Bank in Wellesley for 8 years and remained Assistant Branch Manager with RBS Citizens when it acquired Cambridgeport in 2003. Previously, Mr. Mann was a Mortgage Consultant Manager with Cambridgeport in Cambridge, Mass. He was also a Branch Manager for The Provident Institution for Savings, in Boston. Mr. Mann is a graduate of Suffolk University.

About First Commons Bank

First Commons Bank, N.A., is a new, nationally chartered, FDIC-insured full-service community bank, dedicated to serving the businesses and individuals of Newton, Wellesley, Waltham, and eastern Massachusetts. The bank, which opened for business in July 2009, reports total assets of more than $119 million, making it larger than 41% of all FDIC-insured banks in the U.S. First Commons Bank provides clients with superior, personalized service and the highest-quality banking through its onsite management team, experienced staff members, a unique and welcoming branch environment, and advanced banking technologies. Of note: Tony Nuzzo, Chairman, President, and CEO, was named Financial Services Executive of the Year in the prestigious 2010 American Business Awards. First Commons Bank (http://firstcommonsbank.com) is headquartered at 718 Beacon Street in Newton Centre, Mass. Follow First Commons Bank on Facebook at http://facebook.com/firstcommonsbank, on Twitter at http://twitter.com/firstcommonsbnk, and on LinkedIn at http://www.linkedin.com/company/first-commons-bank-newton-centre-ma.

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Posted in Business, Public Safety |


Friday, April 29th, 2011

First Commons Bank Raises $7.4 Million in Private Placement — Assets Grow to $119 Million in 7th Quarter of Operations

fcb-square1Newton Centre, Massachusetts — April 29, 2011 — First Commons Bank of Newton, Mass., today announced it had raised approximately $7.4 million of new capital in a private placement that ended April 20, 2011. Approximately $5.9 million was raised in the quarter ending March 31, 2011, contributing to an 8.5% increase in total assets to $119 million versus the previous quarter ending December 31, 2010. First Commons Bank opened for business on July 22, 2009, and serves businesses and individuals in Newton, Wellesley, Waltham, and eastern Massachusetts.

“We are pleased with our continued ability to raise capital in these difficult economic times. Since the bank’s deposit growth has exceeded initial expectations, the net proceeds from the sale of common stock in our recent offering will provide us with new Tier 1 regulatory capital that provides additional room for growth. The new $5.9 million in capital raised by March 31, 2011, brought our total capital raised to almost $25 million since pre-formation and our March 31, 2011, Tier 1 capital ratio to 15.81%,” said Tony Nuzzo, Chairman, President, and Chief Executive Officer. “Additionally, our loans grew by approximately 10% and our net interest margin grew by approximately 20%, reflecting our focused pursuit of sustained profitability.”

“It is also interesting to note that with more than 7,500 FDIC-insured banks in the U.S. filing quarterly reports for the quarter ended December 31, 2010, First Commons Bank assets have now surpassed those of more than 3,100 other banks, or more than 41 percent, after just 7 quarters of operations,” Nuzzo said.

First Commons Bank financial results are available on the FDIC Website at http://www.fdic.gov or directly through this link: http://goo.gl/dchRM.

About First Commons Bank

First Commons Bank, N.A., is a new, nationally chartered, FDIC-insured full-service community bank, dedicated to serving the businesses and individuals of Newton, Wellesley, Waltham, and eastern Massachusetts. The bank, which opened for business in 2009, reports total assets of more than $119 million, making it larger than 41% of all FDIC-insured banks in the U.S. First Commons Bank provides clients with superior, personalized service and the highest-quality banking through its onsite management team, experienced staff members, a unique and welcoming branch environment, and advanced banking technologies. Of note: Tony Nuzzo, Chairman, President, and CEO, was named Financial Services Executive of the Year in the prestigious 2010 American Business Awards. First Commons Bank (http://firstcommonsbank.com) is headquartered at 718 Beacon Street in Newton Centre, Massachusetts. Follow First Commons Bank on Facebook at http://facebook.com/firstcommonsbank, on Twitter at http://twitter.com/firstcommonsbnk and on LinkedIn at http://www.linkedin.com/company/first-commons-bank-newton-centre-ma.

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Press contact: Don Goncalves, Tiziani Whitmyre, Inc., 781-793-9380, dgoncalves@tizinc.com

Company contact: Tony Nuzzo, First Commons Bank, 617-243-4410

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Posted in Business |


Thursday, April 21st, 2011

National Hearing Conservation Association Advocates Review of OSHA Interpretation of Feasibility of Occupational Noise Controls

Westminster, Colo. – April 21, 2011 - In support of its efforts in hearing loss prevention, the National Hearing Conservation Association (NHCA) sent a letter to the United States Occupational Safety and Health Administration (OSHA) advocating the regulatory body to revisit the interpretation and application of noise controls in industrial workplaces.

In January 2011, OSHA withdrew its proposal to interpret guidelines emphasizing the use of engineering and administrative controls to mitigate occupational noise. In its original proposal, OSHA identified the need to implement such noise controls when economically and technologically feasible in work environments which expose employees above the permissible exposure limit.

“NHCA is committed to minimizing risk of noise-induced hearing loss in the workplace,” said Dr. Tim Rink, NHCA president. “The implementation and enforcement of noise controls are essential to the success of any occupational hearing conservation program, and often provide additional production efficiencies for a company.”

In its letter to OSHA, NHCA highlighted some advantages of noise control, including: the reduction of potential user error, negligence, or deliberate non-compliance regarding the use of hearing protectors such as earplugs or earmuffs; improved hazard awareness and perception of safety alerts and warnings; reduction of the risk of life-altering hearing loss, tinnitus, and other effects of excessive noise exposure; and the cost effectiveness of noise controls as a long-term strategy for addressing the hazard of excessive workplace noise.

NHCA’s letter to OSHA can be found on its Web site at: http://goo.gl/tqEm7.

About the National Hearing Conservation Association (NHCA)

The mission of the NHCA is to prevent hearing loss due to noise and other environmental factors in all sectors of society. NHCA provides networking, resources and professional development opportunities to improve skills, practices and services for over 600 members. NHCA’s membership includes audiologists, researchers, industrial hygienists, educators, professional service organizations, safety professionals, medical professionals, engineers, audio professionals, students, and others who have dedicated their work to the advancement of hearing loss prevention.

For more information about the National Hearing Conservation Association, visit the NHCA online at http://www.hearingconservation.org or call 1-303-224-9022. Follow the NHCA on Twitter at www.twitter.com/nhcaorg, on Facebook at http://bit.ly/vLRg5, and on LinkedIn at http://bit.ly/3X2DfT.

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Press contact: Don Goncalves, Tiziani Whitmyre public relations, 1-781-793-9380, dgoncalves@tizinc.com



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Posted in Business, Hearing Protection |


Monday, March 7th, 2011

Free Seminars Will Help Employers in Northeastern U.S. Improve Hearing Conservation Programs

A series of free seminars have been scheduled for June throughout the Northeastern U.S. to help employers improve their Hearing Conservation Programs and prevent noise-induced hearing loss among their workers.

The seminars, titled “HearForeverTM: Best Practices in Hearing Conservation,” will provide practical information on noise-induced hearing loss (NIHL) and the latest research and technologies that can help enhance employers’ Hearing Conservation Programs – as well as their bottom line, said noted Hearing Conservation expert Dr. Theresa Y. Schulz (Lt. Col., retired, U.S. Air Force).

Dr. Schulz, Hearing Conservation Manager at Howard Leight® / Honeywell Safety Products, will present the seminars.

Designed for industrial hygienists, occupational health and safety professionals, safety managers, audiologists, and liability and risk management professionals, the seminars will address the following topics:

  • Basics of Noise-Induced Hearing Loss
  • Key Elements of an Effective Hearing Conservation Program
  • Impending Changes to the Noise Reduction Rating (NRR) and How They Affect Employers
  • Selection and Fitting of Hearing Protectors
  • Employee Motivation and Training Techniques/Resources
  • New Hearing Conservation Innovations and Technologies

The seminars will run from 9 a.m. to noon, with registration and a complimentary breakfast starting at 8 a.m. The seminars are scheduled as follows:

  • Milford, Conn.: Monday, June 6, 2011, at the Hilton Garden Inn
  • Morristown, N.J.: Tuesday, June 7, 2011, at the Honeywell Larry Bossidy Learning Center
  • Philadelphia, Pa.: Wednesday, June 8, 2011, at the Sheraton Suites Philadelphia Airport
  • Baltimore, Md.: Thursday, June 9, 2011, at the Four Points by Sheraton BWI Airport Hotel

All attendees will receive a free gift bag with training materials, literature and hearing-protection samples from Howard Leight and other Honeywell Safety Product groups. VeriPRO® and QuietDoseTM demonstrations will be available following the seminar.

Continuing Education Units (CEUs) will be available for members of the American Industrial Hygiene Association (AIHA) and the American Society of Safety Engineers (ASSE).

Dr. Schulz is a past president of the National Hearing Conservation Association (NHCA), and also past chair of the Council for Accreditation in Occupational Hearing Conservation (CAOHC). During her 20-plus-year career in the U.S. Air Force, she was twice recognized as USAF Outstanding Audiologist of the Year. Most recently, she served as a senior service fellow at the National Institute of Occupational Safety and Health’s (NIOSH’s) Hearing Loss Prevention Program. Dr. Schulz holds a Ph.D. in hearing science from Ohio State University.

To register, visit: http://www.hearforever.org/northeastseminar.

Howard Leight Hearing Conservation seminars have been presented to more than 2,500 safety professionals on five continents over the past five years. They are part of Howard Leight’s industry-leading HearForever initiative to raise awareness of the dangers, risks and consequences of noise-induced hearing loss.

Follow us on Twitter: @HearForeverOrg at http://twitter.com/HearForeverOrg.

About Howard Leight

Howard Leight / Honeywell Safety Products, is a leading global provider of passive and intelligent hearing protection solutions, and the founder of the HearForever® initiative. For over 30 years, Howard Leight has pursued the prevention of occupational noise-induced hearing loss through innovation in hearing protection design, technology, performance and comfort, and the promotion of progressive Hearing Conservation Programs. Leading solutions include the highest attenuating Max® single-use earplug; patented Air Flow ControlTM technology for optimal earmuff attenuation; QuietDoseTM personal in-ear dosimetry; and the industry-changing VeriPRO® earplug fit testing system.

Visit the Howard Leight website at http://www.howardleight.com. Follow us on Twitter: @HowardLeight at http://twitter.com/HowardLeight.

About Honeywell

Honeywell International (http://www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. The company is based in Morris Township, N.J. Honeywell’s shares are traded on the New York, London and Chicago Stock Exchanges. For more news and information on Honeywell, please visit http://www.honeywellnow.com.

This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments, and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.

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Posted in Business, Health/Medical, Hearing Protection, Manufacturing, Public Safety |


Friday, March 4th, 2011

First Commons Bank Launches Online Applications, Social Media Outreach – and Expands Customer Services

Newton, Mass. – March 4, 2011 – First Commons Bank, N.A., is expanding its portfolio of customer services to include a new Online Application Service, called Online Concierge, and a presence on social media networks Facebook and LinkedIn.

First Commons Bank began operations on July 22, 2009 to serve businesses and individuals in Newton, Wellesley, Waltham, and eastern Massachusetts. As of Dec. 31, 2010, the bank had over $110 million in assets and had surpassed the asset size of more than 2,900, or 38%, of all FDIC-Insured banks in the U.S. – after just six quarters of operations.

“First Commons Bank’s new Online Application Service, at our website, http://www.firstcommonsbank.com, allows both existing and new customers anywhere, anytime access to open a new personal or business deposit account or even apply for a business loan,” said Tony Nuzzo, First Commons Bank Chairman, President and Chief Executive Officer.

“In addition, we have expanded our Social Media outreach with the creation of profiles on two of the world’s leading Social Media networks – Facebook and LinkedIn – providing easy-to-find location and contact information as well as up-to-date news, features, and even photos of the Bank and our community activities,” he said.

“The introduction of our Online Application Service and our new presence on Facebook and LinkedIn directly reflects our continuing dedication to merge the latest banking technologies with a personal touch to make banking convenient, simple, and sensible for our customers,” Nuzzo said.

Find First Commons Bank on Facebook at: http://facebook.com/firstcommonsbank and on LinkedIn at: http://www.linkedin.com/company/first-commons-bank-newton-centre-ma.

About First Commons Bank

First Commons Bank, N.A., a nationally chartered, FDIC-insured, full-service community bank, is dedicated to serving the banking needs of small to midsized businesses as well as individuals in Newton, Wellesley, Waltham, and eastern Massachusetts. First Commons Bank combines the industry’s most advanced technology with a highly experienced, onsite management team to provide clients with superior, personalized service and the highest-quality banking experience. It offers a comprehensive portfolio of retail and business banking services, including checking and savings accounts, online banking, ATM/debit cards, money market accounts, certificates of deposit, home equity loans, residential and commercial mortgages, consumer and business loans, and cash management services. Of note: Tony Nuzzo, Chairman, President, and CEO, was named Financial Services Executive of the Year in the prestigious 2010 American Business Awards. First Commons Bank (http://www.firstcommonsbank.com) is headquartered at 718 Beacon Street in Newton Centre, Massachusetts. A new branch is planned to open in Wellesley, Massachusetts, in 2011. Find First Commons Bank on Facebook at: http://facebook.com/firstcommonsbank and on LinkedIn at http://www.linkedin.com/company/first-commons-bank-newton-centre-ma.

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  • Press contact: Don Goncalves, Tiziani Whitmyre, Inc., 781-793-9380, dgoncalves@tizinc.com
  • Company contact: Tony Nuzzo, First Commons Bank, 617-243-4410

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Posted in Business |


Thursday, February 10th, 2011

Free Seminars in April to Help Employers in Southeastern U.S. to Improve Hearing Conservation Programs

A series of free seminars during April in the Southeastern U.S. will help employers to improve their Hearing Conservation Programs and prevent noise-induced hearing loss among workers.

The seminars, titled “HearForever™: Best Practices in Hearing Conservation,” will provide practical information on noise-induced hearing loss (NIHL) and the latest research and technologies that can help to enhance employers’ Hearing Conservation Programs – as well as their bottom line, said noted Hearing Conservation expert Dr. Theresa Y. Schulz, Lt. Col. (retired, US Air Force). Dr. Schulz, Hearing Conservation Manager at Sperian Hearing Protection, LLC/Howard Leight®, will present the seminars.

Designed for industrial hygienists, occupational health and safety professionals, safety managers, audiologists, and liability and risk management professionals, the seminars will cover:

  • Basics of Noise-Induced Hearing Loss
  • Key Elements of an Effective Hearing Conservation Program
  • Impending Changes to the Noise Reduction Rating (NRR) and How They Affect Employers
  • Selection and Fitting of Hearing Protectors
  • Employee Motivation and Training Techniques/Resources
  • New Hearing Conservation Innovations and Technologies

The seminars will run from 9 a.m. to noon, with registration and a complimentary breakfast starting at 8 a.m. The seminars are scheduled as follows:

  • Monday, April 4 – Savannah, Ga., DoubleTree Hotel Historic Savannah
  • Tuesday, April 5 – Macon, Ga., Holiday Inn Macon North
  • Wednesday, April 6 – Chattanooga, Tenn., Chattanooga Marriott at the Convention Center
  • Thursday, April 7 – Memphis, Tenn., Hyatt Place Memphis Germantown

All attendees will receive a free gift bag with training materials, literature and hearing protection samples from Howard Leight and other Honeywell Safety Product groups. VeriPRO® and QuietDose™ demonstrations are available following the seminar.

Continuing Education Units (CEU) will be available for members of AIHA and ASSE.

Dr. Schulz is a past president of the National Hearing Conservation Association (NHCA), and also past chair of the Council for Accreditation in Occupational Hearing Conservation (CAOHC). During her 20+ year career in the United States Air Force, she was twice recognized as USAF Outstanding Audiologist of the Year. Most recently, she served as a senior service fellow at the National Institute of Occupational Safety and Health’s (NIOSH) Hearing Loss Prevention Program. Dr. Schulz holds a Ph.D. in hearing science from Ohio State University.

To register, on the Web visit: http://www.hearforever.org/southeastseminar.

Howard Leight Hearing Conservation seminars have been presented to over 2,500 safety professionals on five continents over the past five years. They’re part of Howard Leight’s industry-leading HearForever initiative to raise awareness of the dangers, risks and consequences of noise-induced hearing loss.

Follow on Twitter: @HearForeverOrg at http://twitter.com/HearForeverOrg.

About Howard Leight

Howard Leight/Sperian Hearing Protection, LLC is a leading global provider of passive and intelligent hearing protection solutions, and the founder of the HearForever™ initiative. For over 30 years, Howard Leight has pursued the prevention of occupational noise-induced hearing loss through innovation in hearing protection design, technology, performance and comfort, and the promotion of progressive Hearing Conservation Programs. Leading solutions include the highest attenuating Max® single-use earplug; patented Air Flow Control™ technology for optimal earmuff attenuation; QuietDose™ personal in-ear dosimetry; and the industry-changing VeriPRO® earplug fit testing system. Visit: www.howardleight.com.

Visit the Howard Leight website at http://www.howardleight.com. Follow us on Twitter: @HowardLeight at http://twitter.com/HowardLeight.

About Honeywell

Honeywell International (http://www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit http://www.honeywellnow.com.

This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.

Download photos for publication: http://goo.gl/XC7t6

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Posted in Business, Hearing Protection, Manufacturing |


Thursday, February 3rd, 2011

First Commons Bank Announces First Expansion, Will Open New Branch and Additional Office Space in Wellesley, Mass.

Newton Centre, Mass. — February 3, 2011 — First Commons Bank, N.A., has filed an application with the Office of the Comptroller of the Currency (OCC) to open a new, fully staffed branch office in the town of Wellesley, Mass. The bank began operations on July 22, 2009, to serve businesses and individuals in Newton, Wellesley, Waltham, and eastern Massachusetts. First Commons Bank has over $110 million in assets and has surpassed the asset size of more than 2,900 or 38% of all FDIC-Insured banks in the U.S. — after just six quarters of operations. The bank is headquartered in Newton Centre, Massachusetts.

Tony Nuzzo, the bank’s Chairman, President, and CEO, said, “Our new branch, pending OCC and town approvals, will be located at 161 Linden Street in Linden Square, Wellesley, and is targeted to open around midyear 2011. We also plan to build additional administrative offices adjacent to the proposed Wellesley branch to accommodate the new space requirements that have resulted from our growth.”

Nuzzo, who lives in Wellesley, said, “The new Linden Square branch will allow First Commons Bank to better serve Wellesley residents.” He said, “The bank will build upon its founding principles of resolving major points of consumer dissatisfaction with the big banks by providing superior personal service, logical and quick decisions with access to decision makers, and very few fees.”

About First Commons Bank

First Commons Bank, N.A., a nationally chartered, FDIC-insured, full-service community bank, is dedicated to serving the banking needs of small to midsized businesses as well as individuals in Newton, Wellesley, Waltham, and eastern Massachusetts. First Commons Bank combines the industry’s most advanced technology with a highly experienced, onsite management team to provide clients with superior, personalized service and the highest-quality banking experience. It offers a comprehensive portfolio of retail and business banking services, including checking and savings accounts, online banking, ATM/debit cards, money market accounts, certificates of deposit, home equity loans, residential and commercial mortgages, consumer and business loans, and cash management services. Of note: Tony Nuzzo, Chairman, President, and CEO, was named Financial Services Executive of the Year in the prestigious 2010 American Business Awards. First Commons Bank (http://www.firstcommonsbank.com) is headquartered at 718 Beacon Street in Newton Centre, Massachusetts. A new branch is planned to open in Wellesley, Massachusetts, in 2011.

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Press contact: Don Goncalves, Tiziani Whitmyre, Inc., 781-793-9380, dgoncalves@tizinc.com

Company contact: Tony Nuzzo, First Commons Bank, 617-243-4410

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Posted in Business |


Wednesday, January 26th, 2011

First Commons Bank Reports a 39 Percent Increase in Loans in Sixth Quarter of Operations

- New Newton, Mass. Bank Reports Significant Progress After Less Than 18 Months of Operations -

Newton Centre, Mass. – January 26, 2011 – First Commons Bank reported that during its sixth quarter, ending December 31, 2010, loans increased by 39 percent versus the quarter ending September 30, 2010, and by 636 percent versus the same quarter last year, ending December 31, 2009. Additionally, its total assets have grown to more than $110 million, representing a 4 percent increase versus last quarter and a 72 percent increase versus the same quarter last year. The bank opened for business on July 22, 2009, and serves businesses and individuals in Newton, Wellesley, Waltham, and eastern Massachusetts.

“I am pleased with the progress of our new bank on all fronts this quarter and I am especially pleased that loans increased by 39 percent and our total loan portfolio remains without a single loan that is 30 days or more past due,” said Tony Nuzzo, Chairman, President, and Chief Executive Officer. “Our loans grew five to six times faster than our deposits, which, we believe, reflects our ability to fill consumer and business lending voids created by the large banks.

“For the 12 months ending December 31, 2010, our net interest margin grew by more than 300 percent and our net income improved by 25 percent,” said Nuzzo. “Although sustained profitability is not expected for several quarters, we are clearly making progress toward this objective.”

“We are also pleased that with more than 7,600 FDIC-insured banks in the U.S. filing quarterly reports for the quarter ended September 30, 2010, First Commons Bank assets have now surpassed those of more than 2,900 other banks, or more than 38 percent, after just six quarters of operations,” Nuzzo said.

About First Commons Bank

First Commons Bank, N.A., a nationally chartered, FDIC-insured, full-service community bank, is dedicated to serving the banking needs of small to mid-sized businesses as well as individuals in Newton, Wellesley, Waltham, and eastern Massachusetts. First Commons Bank combines the industry’s most advanced technology with a highly experienced, onsite, management team to provide clients with superior, personalized service and the highest-quality banking experience. It offers a comprehensive portfolio of retail and business banking services, including checking and savings accounts, online banking, ATM/debit cards, money market accounts, certificates of deposit, home equity loans, residential and commercial mortgages, consumer and business loans, and cash management services. Of note: Tony Nuzzo, Chairman, President, and CEO, was named Financial Services Executive of the Year in the prestigious 2010 American Business Awards. First Commons Bank (http://www.firstcommonsbank.com) is headquartered at 718 Beacon Street in Newton Centre, Massachusetts.

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Press contact: Don Goncalves, Tiziani Whitmyre, Inc., 781-793-9380, dgoncalves@tizinc.com

Company contact: Tony Nuzzo, First Commons Bank, 617-243-4410

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Posted in Business |


Tuesday, January 25th, 2011

NHCA Responds To OSHA’s Withdrawal of Their Proposed Noise Control Interpretation

Westminster, Colo. – January 25, 2011 - On October 19, 2010, the Occupational Safety and Health Administration (OSHA) published a proposal to revise the interpretation of the noise standard. The revised interpretation would require noise control (administrative or engineering), where economically and technologically feasible, for work environments which expose employees to or above the permissible exposure limit of 90 dBA (eight hour time-weighted average). The basis for this initiative was the continuing occurrence of permanent, significant hearing loss in employees; the Bureau of Labor Statistics has reported 125,000 such cases since 2004. The National Hearing Conservation Association (NHCA) supported OSHA’s proposed interpretation as a significant step forward in reducing the incidence of work-induced hearing loss and other health conditions related to excessive noise exposure.

In response to feedback from manufacturers and their associations, legislators’ comments, and an executive order advising federal agencies to be mindful of the impact of regulations on economic growth, OSHA withdrew its proposed interpretation of economic feasibility. In a recent news release dated January 19, 2011, Dr. David Michaels, Assistant Secretary of Labor for Occupational Safety and Health, indicated that OSHA was still committed to the goal of reducing the incidence of work-related hearing loss; they were suspending work on this policy modification to study other approaches, such as greater outreach, compliance assistance, and additional stakeholder meetings to elicit input from manufacturers, as well as safety and health professionals.

While hearing conservation strategies such as education and effective, consistent use of personal hearing protection help to reduce the risk of injury from this hazard, they are meant to supplement, not replace, hazard abatement. Noise control is a crucial component of hearing loss prevention, and should be recognized as a primary strategy for effectively reducing the amount of noise exposure in the work environment.

NHCA continues to support OSHA’s efforts to comply with its Congressional mandate; to ensure safe and healthy working conditions for employees through the provision and enforcement of effective safety standards. While disappointed by the recent events, we are encouraged by Dr. Michaels’ confirmation that OSHA is not abandoning the cause of abating this pervasive workplace hazard. It is our hope that OSHA will continue to address the concerns surrounding noise control, and to emphasize the critical role it plays in preventing occupational noise-induced hearing loss.

About the National Hearing Conservation Association (NHCA)

The mission of the NHCA is to prevent hearing loss due to noise and other environmental factors in all sectors of society. NHCA’s membership includes audiologists, industrial hygienists, physicians and occupational health nurses, educators, researchers, professional service organizations, safety professionals, engineers, audio professionals, students, and others who have dedicated their work to the advancement of hearing loss prevention.

For more information about the National Hearing Conservation Association, visit the NHCA online at http://www.hearingconservation.org or call 1-303-224-9022. Follow the NHCA on Twitter at www.twitter.com/nhcaorg, on Facebook at http://bit.ly/vLRg5, and on LinkedIn at http://bit.ly/3X2DfT.

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Press contact: Don Goncalves, 1-781-793-9380, dgoncalves@tizinc.com

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Posted in Business, Health/Medical, Hearing Protection |


Wednesday, December 1st, 2010

Tiziani Whitmyre Clients Win Marcom Awards for Marketing Excellence

SHARON, MASSACHUSETTS, December 2, 2010 — Tiziani Whitmyre, Inc., a Boston-area interactive marketing, advertising, and public relations firm, announced today that two clients were recognized with Marcom Awards from the Association of Marketing and Communications Professionals. The awards are granted for outstanding creative achievement.

The Massachusetts Biotechnology Council, an organization committed to advancing the development of critical new science, technology and medicines that benefit people worldwide, won a Platinum Award in the Pro Bono category for its MassBio Corporate Branding program. According to the organization, “The new logo represents our strength as an organization, in connecting and convening, in bringing together industry leaders to teach and to learn. Most importantly, it represents the future of the industry and the hope it creates for patients around the world.” To learn more, visit www.massbio.org.

ASCO Numatics (www.asconumatics.com), the world’s leading manufacturer of comprehensive fluid automation, flow control, and pneumatics solutions, received a Gold Award in the Magazine/Ads category for its corporate branding ads. The customer-focused ads were the centerpiece of a branding campaign that positioned the company around its competitive advantages of product reliability and customer speed and responsiveness.

“These awards recognize the powerful results that can be achieved through successful collaborations with our client partners,” said Bob Tiziani, chief executive officer, Tiziani Whitmyre, Inc. “In each instance, the development and positioning of a compelling brand clearly define their respective organizations in a competitive marketplace.”

Almost 5,000 entries from throughout the United States and several foreign countries were submitted in this year’s competition. The Platinum and Gold Awards were presented to those judged to be the most outstanding and exhibit standards that exceeded the industry norm.

About Tiziani Whitmyre

Tiziani Whitmyre (www.tizinc.com) is a Boston area-based marketing services agency that builds brands, generates sales leads, and delivers a measurable ROI on the client’s marketing communications budget. Services include public relations (PR) services, Internet marketing online (including search engine optimization, affiliate marketing, web design), advertising, direct marketing, graphic design, and corporate branding strategy.

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Public Relations contact, Boston:  Don Goncalves, dgoncalves@tizinc.com, 781-793-9380, for Tiziani Whitmyre Inc., http://www.tizinc.com/public-relations

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