Tony Nuzzo, primary organizer, chairman, president & CEO of First Commons Bank in Newton, has been named a finalist in this year’s American Business Awards.
Nuzzo has been nominated as 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.
There are six finalists for chairman of the year. In addition to Nuzzo, the other finalists come from companies in Arizona, California, Utah and Texas.
There are also six finalists in the financial services executive of the year category from companies in California, New York, Pennsylvania and Louisiana.
First Commons Bank is the only Bay State company to be nominated for best new company of the year. The other finalist companies are located in New Jersey, Arizona, Washington, D.C. and Florida, according to a statement.
"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," Nuzzo said.
In 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 U.S. and one of the fastest growing new banks in the history of the nation, according to a statement.
Finalists in the 8th annual American Business Awards were announced May 13, 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 21.
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.
