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

NEWTON, Mass.--(BUSINESS WIRE)--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.

“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.’”

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 addition 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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