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Posts Tagged ‘first commons bank’


Wednesday, September 15th, 2010

First Commons Bank Celebrates First Anniversary with Special Visit, Certificate of Commendation, from Newton Mayor Setti Warren

Newton Centre, Mass. – September 15, 2010 – First Commons Bank, N.A., celebrating “First Commons Bank Day” and its first anniversary of operation on Sept. 14th, was pleased to receive a special visit and Certificate of Commendation award from Newton Mayor Setti Warren.

The Mayor’s proclamation recognized First Commons Bank as a “tremendous addition to Newton’s business community.” It also commended Chairman President and CEO Tony Nuzzo for winning the prestigious Financial Services Executive of the Year award from the American Business Awards. Mayor Warren also wished the bank “many years of success and prosperity in the future.”

[See or download the photo at: http://flic.kr/p/8Bc4t8.]

“When we founded First Commons Bank a little over a year ago, we set about to create the ‘Future of Banking’ by making banking simple and sensible. We are clearly succeeding. We recently surpassed $100 million in assets in less than 14 months of operation. We are now larger than 2,700, or 35-percent, of all FDIC-insured banks in the U.S. filing second quarter reports,” Nuzzo said.

To mark First Commons Bank Day and thank the community for its tremendous support, the bank-sponsored free parking on Sept. 14th in Newton Centre for all residents, shoppers and visitors.

“We were pleased to pick up the tab for the Newton Centre parking meters wrapped with our special First Commons Bank Day celebration covers as a special thank you to the community for its support. Additionally, due to popular demand, we are extending most of our new special banking offers through the end of September,” 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 and 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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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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Posted in Business |


Thursday, September 2nd, 2010

First Commons Bank is America’s Newest $100 Million Bank, After Less Than 14 Months of Operations

copy-of-1commonsbanklogoNewton Centre, Mass. – September 2, 2010 – First Commons Bank reported that its assets were $101 million as of August 31, 2010. The bank began operations on July 22, 2009, and serves businesses and individuals in Newton, Wellesley, and Waltham, and eastern Massachusetts.

“We are pleased to be America’s newest $100 million bank after less than 14 months of operations. With almost 7,800 FDIC-insured banks in the U.S. filing second quarter reports, First Commons Bank’s assets have now surpassed more than 2,700 banks or 35%,” said Tony Nuzzo, Chairman, President and CEO.

Financial results for the quarter ending September 30, 2010 will be reported in October when the bank files its quarterly call report with the FDIC.

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 and 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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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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Posted in Business, Public Safety |


Monday, August 2nd, 2010

First Commons Bank Launches New Website Continuing to Integrate New Banking Technologies with Personal Touch

copy-of-1commonsbanklogoNewton, Massachusetts – August 2, 2010 – First Commons Bank, N.A., serving businesses and individuals in Newton, Wellesley, Waltham, and eastern Massachusetts, has launched its new website at www.firstcommonsbank.com just after one year of operation. The bank opened for business on July 22, 2009.

“Our new website is part of our continuing plan to integrate the latest banking technologies with a personal touch to make banking convenient, simple and sensible,” said Tony Nuzzo, Chairman, President and Chief Executive Officer.

4c533af5“The new website now includes information on the bank’s history, its Board of Directors, Management, Founders, Board of Advisors, Lending Team, and Branch Team,” he said.

The website also provides access to detailed information on First Commons Bank’s business and personal banking services, savings and lending rates, ATM services, and more.

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 and 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 & CEO, was named Financial Services Executive of the Year in the prestigious 2010 American Business Awards. First Commons Bank (www.firstcommonsbank.com) is headquartered at 718 Beacon Street in Newton Centre, Massachusetts.

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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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Posted in Business, Public Safety |


Thursday, July 22nd, 2010

First Commons Bank Assets Top $94 Million in Fourth Quarter of Operations

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– New Newton, Mass. bank surpasses more than 32% of all FDIC-insured banks in just over eleven months of operation–

Newton, Massachusetts – July 22, 2010 – First Commons Bank, N.A., reported that its assets have grown to more than $94 million during its fourth quarter of operations ending June 30, 2010. The bank began operations on July 22, 2009 and serves businesses and individuals in Newton, Wellesley, Waltham, and eastern Massachusetts.

“I am pleased with our deposit growth for this past quarter and I am especially pleased with our loan growth,” said Tony Nuzzo, Chairman, President and Chief Executive Officer. “Our loans grew four to five times faster than our deposits reflecting our ability to fill consumer and business lending voids created by the large banks.”

“With almost 8,000 FDIC-insured banks in the U.S. filing second quarter reports, First Commons Bank assets have now surpassed more than 2,600 banks after just over eleven months of operations,” he 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 and 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 & CEO, was named Financial Services Executive of the Year in the prestigious 2010 American Business Awards. First Commons Bank (www.firstcommonsbank.com) is headquartered at 718 Beacon Street in Newton Centre, Massachusetts.

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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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Posted in Business |


Wednesday, June 23rd, 2010

Tony Nuzzo of First Commons Bank, Newton, Mass., Named Financial Services Executive of the Year in 2010 American Business Awards

copy-of-1commonsbanklogoNewton, Massachusetts – June 23, 2010 – Tony Nuzzo, Chairman, President and Chief Executive Officer, First Commons Bank, N.A., was named Executive of the Year in Financial Services at the prestigious 2010 American Business Awards program held June 21st in New York City.

The American Business Awards, also known as the Stevie Awards, are the only national, all- encompassing business awards program in the United States. The winners were announced in a dinner ceremony attended by approximately 700 business leaders at the Marriott Marquis in Times Square. The competition featured 2,700 nominees in 11 categories. In 1682smaddition to Nuzzo in Financial Services, announced winners for Executive of the Year in other categories included Steve Jobs, CEO of Apple; Lawrence Ellison, CEO of Oracle; Dr. Paul Jacobs, CEO of Qualcomm Inc.; and Barry Salzberg, CEO of Deloitte LLP.

The Stevie Award – a 16-inch tall, hand-cast, finished 24-karat gold statuette – is named for Stephen, and derived from the Greek for “crowned.”

In accepting the Stevie, Nuzzo said, “This award is testament to the founders, additional shareholders, the management team, and everyone in the bank – especially the Board of Directors and my wife, Julie – who all believed that we could make banking simple and sensible by creating what we call ‘the future of banking.’”

Members of the Board of Distinguished Judges & Advisors for the American Business Awards include some of the most prestigious names in American Business: Tom Peters, best-selling author – including In Search of Excellence; Anthony Robbins, Chairman and CEO of the Anthony Robbins Companies; and Donald Trump, Chairman, President & CEO of the Trump Organization; and many others.

In just nine months of operation ending March 31, 2010, First Commons Bank reported assets of more than $84 million making First Commons Bank larger than 2,300 of the nearly 8,000 FDIC-insured institutions in the United States; and one of the fastest growing new banks in the history of the nation.

Details about The American Business Awards and the lists of winners in all categories are available at www.stevieawards.com/aba.

About First Commons Bank
First Commons Bank, a nationally-chartered, FDIC-insured, full-service, community bank, is dedicated to serving the banking needs of small to mid-size businesses and 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. First Commons Bank (www.firstcommonsbank.com) is headquartered at 718 Beacon Street in Newton Centre, Massachusetts.

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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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Posted in Business |


Thursday, May 20th, 2010

Tony Nuzzo of First Commons Bank (Newton, MA) Named a Finalist in Two Separate Categories for the 2010 American Business Awards

- Chairman of the Year and Financial Services Executive of the Year -

- First Commons Bank also a Finalist for Best New Company of the Year -

Newton, Massachusetts – May 17, 2010 – Tony Nuzzo, Primary Organizer, Chairman, President & CEO of First Commons Bank in Newton, Massachusetts, has been named a finalist in two separate categories in the prestigious 2010 American Business Awards: Chairman of the Year and Financial Services Executive of the Year. First Commons Bank was also named a finalist for Best New Company of the Year.

Finalists in the 8th annual American Business Awards were announced on Thursday, May 13th and the winners in each category will be announced at an awards banquet at the Marriott Marquis Hotel in Times Square, New York City on Monday, June 21st. The 7:50PM award ceremony for selected event categories including Chairman of the Year, Financial Services Executive of the Year, and Best New Company of the Year will be broadcast live nationwide by the Business TalkRadio Network. There are 11 main categories of awards this year for which there were over 2,700 nominees. Companies as diverse as Apple, Ford Motor Company, PepsiCo, John Hancock Annuities, PNC Financial Group, McKinsey and others are among those receiving recognition.

Winners in each category will receive The Stevie Award, a name taken from the name Stephen, which is derived from the Greek for “crowned.” A Stevie is approximately 16 inches tall, and is hand-cast and finished in 24-karat gold.

There are six finalists for Chairman of the Year and there are no restrictions on nominations in this category by industry or size of company. In addition to Tony Nuzzo from First Commons Bank in Massachusetts, the other finalists come from companies in Arizona, California (2), Utah, and Texas.

There are also six finalists in the Financial Services Executive of the Year category. Executive awards are categorized separately by industry. In addition to Tony Nuzzo, finalists come from companies in California, New York (2), Pennsylvania, and Louisiana.

There are five finalists for Best New Company of the Year and, like Chairman of the Year award, there are no restrictions on nominations in this category by industry or size of company. In addition to First Commons Bank in Massachusetts, the other finalist companies are located in New Jersey, Arizona, Washington, DC, and Florida.

Members of the Board of Distinguished Judges & Advisors for the American Business Awards include some of the most prestigious names in American Business: Tom Peters, best selling author – including In Search of Excellence; Anthony Robbins, Chairman and CEO of the Anthony Robbins Companies; and Donald Trump, Chairman, President & CEO of the Trump Organization; and many others.

Tony Nuzzo commented, “First Commons Bank is proud to be a finalist for three prestigious Stevie awards. It is an honor to be acknowledged for our unique business model and extraordinary growth during a difficult economic time. We make banking truly personal, service focused, simple, and sensible.”

In just nine months of operation, First Commons Bank reported assets of more than $84 million making First Commons Bank larger than 2,300 of the nearly 8,000 FDIC-insured institutions in the United States; and one of the fastest growing new banks in the history of the nation.

About First Commons Bank
First Commons Bank, a nationally-chartered, FDIC-insured, full-service, community bank, is dedicated to serving the banking needs of small to mid-size businesses and 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. First Commons Bank (www.firstcommonsbank.com) is headquartered at 718 Beacon Street in Newton Centre, Massachusetts.

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Posted in Business |


Wednesday, October 21st, 2009

First Commons Bank Assets Top $42 Million in First Quarter of Operations

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– New Newton-based bank surpasses more than 1,000 FDIC-insured banks nationally in its first quarter of operations –

Newton, Massachusetts – October 20, 2009 – First Commons Bank, N.A. reported that its assets have grown to more than $42 million during its first quarter of operations ending September 30, 2009. The bank started operating on July 22, 2009 and serves businesses and individuals in Newton, Wellesley, Waltham, and metropolitan Boston.

“First Commons Bank’s extraordinary asset growth makes it one of the most successful new banks in the nation,” said Tony Nuzzo, Chairman, President & CEO. “With over 8,000 FDIC-insured banks in the US filing mid-year reports, our assets have surpassed more than 1,000 banks after just 10 weeks of operation.”

“Our strong performance demonstrates that the community is embracing the bank and its focus on high quality personal service delivered by proven, experienced professionals, in an environment that encourages relationships and consultation,” said Nuzzo. “Our clients enjoy immediate access to the bank’s CEO and senior officers, a key benefit for the small business owners and individuals who comprise our target market.”

Nuzzo said these results also validate the bank’s unique business model and vision: “Despite opening in the midst of economic uncertainty and one of the deepest recessions in banking history, our over 300 investors, most of them local, have provided a solid foundation for growth and profitability which is supplemented by strong community interest and participation.”

About First Commons Bank

First Commons Bank, a nationally-chartered, FDIC-insured, full-service, community bank, is dedicated to serving the banking needs of small to mid-size businesses and individuals in Newton, Wellesley, Waltham, and metropolitan Boston. 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. First Commons Bank (www.firstcommonsbank.com) is headquartered at 718 Beacon Street in Newton, Massachusetts.

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Public Relations contact, Boston: Tiziani Whitmyre Inc., http://www.tizinc.com/public-relations

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Posted in Business, Lifestyle |

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