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June 2013
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first commons bank Latest News

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First Commons Bank Raises $7.4 Million in Private Placement, Assets Grow to $119 Million in 7th Quar

By First Commons Bank

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.

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

By First Commons Bank

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

First Commons Bank Reports Profitability After Less Than 15 Months of Operations

By First Commons Bank

– New Newton, Mass., Bank Has One-Time Investment Gain Resulting in Profitability for the Quarter Ended September 30, 2010 –

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

By First Commons Bank

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.

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

By First Commons Bank, NA

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

Tony Nuzzo of First Commons Bank, Newton, Mass., Named Financial Services Executive of the Year

By First Commons Bank, N.A.

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.

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