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Posts Tagged ‘Waltham’


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, 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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Posted in Business |


Wednesday, January 20th, 2010

First Commons Bank Assets Top $63 Million in Second Quarter of Operations

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— New Newton, Mass.-based bank surpasses more than 1,700 FDIC-insured banks nationally in just over five months —

Newton, Massachusetts – January 20, 2010 – First Commons Bank, N.A. reported that its assets have grown to more than $63 million during its second quarter of operations ending December 31, 2009. 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 is the result of outstanding service delivered by proven, experienced professionals in an environment that is welcoming, engaging, and client focused,” said Tony Nuzzo, Chairman, President and Chief Executive Officer. “With over 8,000 FDIC-insured banks in the US filing third quarter reports, our assets have surpassed more than 1,700 banks after approximately five months of operations.”

“Our strong performance demonstrates that First Commons Bank is filling voids created by the large banks in service, pricing, and access to decision makers,” said Nuzzo. “As a result, we have demonstrated significant progress in all aspects of our business from deposit gathering to lending.”

Nuzzo said that the bank’s unique business model, which includes a widely dispersed ownership of more than 300 founders and investors, with most of them local, “formed a solid foundation for growth which has now developed into expanding community support and involvement.”

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: Tiziani Whitmyre Inc., http://www.tizinc.com/public-relations

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Posted in Business |

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