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Posts Tagged ‘Massachusetts’


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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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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Thursday, July 22nd, 2010

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

copy-of-1commonsbanklogo

– 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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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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Wednesday, April 21st, 2010

First Commons Bank Assets Top $84 Million in Third Quarter of Operations

— New Newton-based bank surpasses more than 29% of all FDIC-insured banks nationally in just over eight months —

copy-of-1commonsbanklogoNewton, Massachusetts – April 21, 2010 – First Commons Bank, N.A. reported that its assets have grown to more than $84 million during its third quarter of operations ending March 31, 2010. The bank started operating on July 22, 2009 and serves businesses and individuals in Newton, Wellesley, Waltham, and eastern Massachusetts.

“First Commons Bank’s continued extraordinary asset growth has now placed us in the top 71% of all banks nationally,” said Tony Nuzzo, Chairman, President and Chief Executive Officer. “With almost 8,000 FDIC-insured banks in the US filing fourth quarter reports, our assets have surpassed more than 2,300 banks after approximately eight months of operations.”

“First Commons Bank is a common sense bank with quick loan decisions, easy access to decision makers, fair pricing, and great service,” said Nuzzo. “We are filling consumer and business voids created by the large banks and have recently added staff to intensify our focus on the commercial lending gaps in the marketplace.”

Nuzzo added, “Although we are pleased with our asset growth to-date as one measure of success, First Commons Bank is also focused on the bottom line.”

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

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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Friday, October 3rd, 2008

Microtest Honored as Regional Example of Success; Receives Hampden Achievement Award, Induction into STCC Western Mass. Entrepreneurship Hall of Fame

Agawam, Mass., October 3, 2008 – In recognition of the company’s growth, success, and importance to the region, Microtest Laboratories of Agawam has received the Hampden County Achievement Award and has been inducted to Springfield Technical Community College’s Western Massachusetts Entrepreneurship Hall of Fame.

“The achievements of Microtest Laboratories’ growth and success serve as a powerful model for the future of Massachusetts, and Microtest will serve as an inspiration to thousands of people who visit every year,” said Dr. Andrew M. Scibelli, President of Springfield Technical Community College (STCC).

Microtest is a leader in testing services and contract manufacturing for the medical device, pharmaceutical, and biotechnology industries and has made numerous multi-million capital investments and expansions of its facilities the past several years – along with growing its professional workforce to more than 100. The company works closely with Western Mass. economic and business organizations as well as the region’s educational institutions.

Microtest President and Scientific Founder Steven Richter, Ph. D., is an ardent supporter of regional technical training programs as a means to ready both current and future workers to contribute to – and reap the benefits of – the area’s burgeoning life science industry.

“It is an honor for all of us at Microtest to be recognized for our achievements,” said Richter. “If we can serve a role for others, then let it be as a example of the potential that’s available throughout Western Mass. when working partnerships among our entrepreneurs, education, residents, and government are permitted – and encouraged – for the benefit of all.”

The Andrew Scibelli Enterprise Center is committed to furthering regional economic development, entrepreneurship education and workforce development. It is home to the Western Massachusetts Entrepreneurship Hall of Fame. Established in 2000, it honors innovative entrepreneurial individuals and businesses in Western Massachusetts, in hope to inspire the next generation of business leaders.

About Microtest
Microtest is a leader in testing services and contract manufacturing for the medical device, pharmaceutical, biotechnology industries. Based in Agawam, Massachusetts, USA, the company’s expertise and flexible processes enhance product safety and security, accelerate time to market, and minimize supply chain disruption. For more information, visit www.microtestlabs.com or call 1-413-786-1680 or toll-free 1-800-631-1680.

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Public Relations contact: Tiziani Whitmyre Inc., http://www.tizinc.com/

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Monday, November 26th, 2007

Microtest Expands Medical Device Laboratory, Package Validation, Pharma Fill/Finish Services

Agawam, Mass., November 20, 2007 – Microtest, a leader in testing services and contract manufacturing for the medical device, pharmaceutical, biotechnology industries, is once again expanding its high tech facilities and wide range of services at its Agawam, Massachusetts headquarters.

Microtest today announced that it has doubled the size of its medical device/pharmaceutical stability storage capabilities, as well as significantly expanded its medical device packaging laboratory and its GMP pharma fill/finish contract manufacturing services.

The announcement follows the company’s completion last year of a $7.5 million capital improvement and expansion project that added new state-of-the art pharmaceutical testing laboratories and new aseptic fill/finish manufacturing facilities – along with new professional staff.

“We are continuing to enjoy strong growth throughout all areas of our business,” said Steve Richter, Ph.D., Microtest President and Scientific Director, and “we’re continuing to invest our resources so that we may best serve our existing and future clients.”

“Package validation is needed to support our medical device clients. We’re also dedicating additional new space to our growing product stability testing laboratories as well as our GMP drug manufacturing services,” said Richter. “As a growing provider of fill/finish operations, we have all the systems and procedures in place to fully support all the requirements of the FDA, EMEA and any drug-regulating body in the world.”

In October, Microtest was honored by the Massachusetts Economic Impact Award for its strong record of job creation and business expansion.

For more about contract manufacturing, download Microtest’s free white paper, Selecting an Aseptic Fill/Finish Contract Manufacturer: Avoiding the Most Common Mistakes, at: www.microtestlabs.com/asepticpaper.

For more information on laboratory testing, download the free white paper, Virus Testing for Biological Products: Partnering with a Contract Lab, at: www.microtestlabs.com/biopaper.

To contact Microtest, visit www.microtestlabs.com or call toll-free: 1-800-631-
1680.

About Microtest
Microtest is a leader in testing services and contract manufacturing for the medical device, pharmaceutical, biotechnology industries. Based in Agawam, Massachusetts, USA, the company’s expertise and flexible processes enhance product safety and security, accelerate time to market, and minimize supply chain disruption. For more information, visit www.microtestlabs.com or call 1-413-786-1680 or toll-free 1-800-631-1680.

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Public Relations contact: Tiziani Whitmyre Inc., www.tizinc.com

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Monday, October 15th, 2007

Microtest Labs of Agawam Wins Massachusetts Economic Impact Award

Agawam, Mass., October 15, 2007 – Microtest Laboratories (www.microtestlabs.com) of Agawam has been honored with a Massachusetts Economic Impact Award for its strong record of job creation and business expansion.

The company was named the Silver Level award recipient in the western Mass. region by the Massachusetts Alliance for Economic Development (MAED).

“To be recognized as an economic leader in western Mass. is a huge honor for us,“ said Steven Richter, Ph. D., President and Scientific Founder of Microtest. “The success of our region is very important to Microtest, our employees, business partners and education partners, especially as we strive to expand the state’s presence of life sciences and biotechnology companies throughout western Mass.”

Microtest, a leader in testing services and contract manufacturing for the medical device, pharmaceutical, and biotechnology industries, employs more than 100 in Agawam. The company recently completed a $7.5 million expansion to its headquarters, adding new state-of-the art pharmaceutical testing laboratories and new aseptic fill/finish manufacturing facilities – along with new professional staff.

The company has working partnerships with economic and business organizations throughout Western Mass. – and deep relationships with the region’s educational institutions.

MAED is a private, non-profit partnership of business, industry leaders, and government dedicated to the economic growth of Massachusetts. MAED will recognize its 2007 Team Massachusetts Economic Impact Award winners during a special luncheon on November 20, 2007. For more information, visit http://www.massecon.com.

About Microtest
Microtest is a leader in testing services and contract manufacturing for the medical device, pharmaceutical, biotechnology industries. Based in Agawam, Massachusetts, USA, the company’s expertise and flexible processes enhance product safety and security, accelerate time to market, and minimize supply chain disruption. For more information, visit www.microtestlabs.com or call 1-413-786-1680 or toll-free 1-800-631-1680.

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Public Relations contact: Tiziani Whitmyre Inc. (http://www.tizinc.com)

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Monday, September 17th, 2007

Microtest Labs of Agawam Is Finalist for Mass. Alliance For Economic Development’s Team Massachusetts Economic Impact Award

Agawam, Mass., Sept. 17, 2007 – Microtest Laboratories of Agawam has been named as a finalist for the 2007 Team Massachusetts Economic Impact Award by the Massachusetts Alliance For Economic Development (MAED).

The Awards honor the companies that have made the strongest contributions over the past year to the Massachusetts economy through job creation and business expansion. Microtest is being considered for its impact and contributions in Western Mass.

Microtest, a leader in testing services and contract manufacturing for the medical device, pharmaceutical, and biotechnology industries, employs more than 100 in Agawam. The company recently completed a $7.5 million expansion to its headquarters, adding new state-of-the art pharmaceutical testing laboratories and new aseptic fill/finish manufacturing facilities – along with new professional staff.

The company has working partnerships with economic and business organizations throughout Western Mass. – and deep relationships with the region’s educational institutions.

“Everyone at Microtest is extremely proud” of being named a finalist by MAED, said Steven Richter, Ph. D., President and Scientific Founder of Microtest. “Our mission is to become a long term economic driver in the valley.”

“Being named as a Finalist is more than an honor. I’m always telling everyone – in and out of state – that the exciting growth and success we’re enjoying at Microtest today is directly due to the contributions of our employees, and the educational, state and local support and resources of Massachusetts,” Richter said.

MAED is a private, non-profit partnership of business, industry leaders, and government dedicated to the economic growth of Massachusetts. MAED will announce its 2007 Team Massachusetts Economic Impact Award winners during a special luncheon on November 20, 2007. For more information, visit http://www.massecon.com.

About Microtest
Microtest is a leader in testing services and contract manufacturing for the medical device, pharmaceutical, biotechnology industries. Based in Agawam, Massachusetts, USA, the company’s expertise and flexible processes enhance product safety and security, accelerate time to market, and minimize supply chain disruption. For more information, visit http://www.microtestlabs.com/ or call 1-413-786-1680 or toll-free 1-800-631-1680.

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Public Relations contact: Tiziani Whitmyre Inc. (www.tizinc.com)

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Monday, March 12th, 2007

Steve Richter, Founder & CEO of Microtest, is Appointed to Robert H Goddard Council

AGAWAM, MASS., — March 12, 2007 — Dr. Steven Richter, founder, president & CEO of Microtest Inc. of Agawam, Mass., was recently appointed to serve on the Robert H. Goddard Council on STEM Education, a 27-member council which will advise the state’s Board of Higher Education on STEM Pipeline Fund workforce development programs.

The Science, Technology, Engineering & Math (STEM) Pipeline Fund is a workforce development initiative designed to increase student interest and teacher preparation in STEM subjects. Originally created in 2003, the Fund was recapitalized in 2006 with an additional $4 million.

The Robert H. Goddard Council includes representatives from the state’s education and business communities, the legislature, and workforce development and labor organizations, and is co-chaired by Mass. State Senator Steven C. Panagiotakos and Representative Daniel E. Bosley.

“I am honored by my appointment and am looking forward, and seriously, to my role on the Robert H. Goddard Council,” Richter said.

“The growth and success of my own company is directly rooted in the highly skilled and innovative employees, world class educational institutions, and strong state and community support of Western Massachusetts.”

“Let’s take the lessons of that success – and redouble our efforts,” he said. “Strong and ongoing state support of science and technology is a critical investment in our residents and communities, and in our state and future.”

Microtest, Inc., which currently employs more than 100, recently completed a $7.5 million expansion of the firm’s pharmaceutical and virology testing laboratories and fill/finish contract manufacturing facilities in Agawam. The company is a leader in testing services and contract manufacturing for the medical device, pharmaceutical, biotechnology industries.

For more information about Microtest, Inc., visit www.microtestlabs.com or call 1-413-786-1680 or toll-free 1-800-631-1680.

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Press release contact: Tiziani Whitmyre, www.tizinc.com

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