Newton’s First Commons Bank recently celebrated its one-year anniversary with "First Commons Bank Day."

On Tuesday, Newton Mayor Setti Warren visited the office and awarded the bank a certificate of commendation. The mayor’s proclamation recognized First Commons Bank as a "tremendous addition to Newton’s business community." It also commended Chairman President and CEO Tony Nuzzo for winning the prestigious Financial Services Executive of the Year award from the American Business Awards.

"When we founded First Commons Bank a little over a year ago, we set about to create the ‘future of banking’ by making banking simple and sensible," Nuzzo said. "We are clearly succeeding. We recently surpassed $100 million in assets in less than 14 months of operation. We are now larger than 2,700, or 35 percent, of all FDIC-insured banks in the U.S. filing second quarter reports."