ABILENE, Texas, July 13, 2015 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) today reported that F. Scott Dueser, Chairman, President and CEO of First Financial Bankshares, Inc., has been selected to represent the American Bankers Association as a panelist during the 2015 White House Conference on Aging to be held July 13, 2015.
The 2015 White House Conference on Aging will feature remarks by President Barack Obama and will convene senior Administration officials, community leaders, caregivers, older adults, families, advocates, and experts from a wide range of health and social service disciplines at the White House. Mr. Dueser will join experts from law enforcement, technology and long-term care on the Empowering All Generations: Elder Justice in the Twenty-First Century Panel. The panel will be introduced by Consumer Financial Protection Bureau Director, Richard Cordray and will be moderated by Assistant Secretary for Aging, Kathy Greenlee.
Mr. Dueser will represent the financial services industry in the panel discussion. Highlighting First Financial Bank, N.A.'s, the wholly owned bank of First Financial Bankshares, Inc., highly successful Fraud Busters and Financial Exploitation Education programs, he will present new initiatives in the training of financial services personnel and the important role that financial institutions must take in preventing financial exploitation of the elderly.
The 2015 White House Conference on Aging begins at 10:00 a.m. Eastern Standard Time and will be live-streamed at www.whitehouse.gov/live. The Empowering All Generations: Elder Justice in the Twenty-First Century Panel is scheduled to begin at 2:35 p.m. Eastern Standard Time. Twitter users can join the discussion by using #WHCOA. For a complete listing of panels, speakers and initiatives, please visit http://whitehouseconferenceonaging.gov/
In the past year, First Financial Bank employees prevented approximately $993,000 in fraudulent transactions. Many of the attempted transactions involved financial exploitation of elderly customers. To learn more about First Financial Bank's Financial Exploitation Education Program, please visit http://www.ffin.com/financial-exploitation/
About First Financial Bankshares
Headquartered in Abilene, Texas, First Financial Bankshares is a financial holding company that through its subsidiary, First Financial Bank, N.A., operates 12 banking regions with 62 locations in Texas including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Burleson, Cisco, Cleburne, Clyde, Decatur, Eastland, Fort Worth, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Mauriceville, Merkel, Midlothian, Mineral Wells, Moran, New Waverly, Newton, Odessa, Orange, Port Arthur, Ranger, Rising Star, Roby, San Angelo, Southlake, Stephenville, Sweetwater, Trent, Trophy Club, Vidor, Waxahachie, Weatherford and Willow Park. FFIN recently announced that they have entered into a definitive agreement to acquire FBC Bancshares, Inc. and its wholly-owned subsidiary, First Bank, N.A., Conroe, Texas. Pending final regulatory and shareholder approval, the acquisition is expected to be finalized on July 31, 2015 and would expand First Financial Bankshares' growing Texas footprint into the cities of Conroe, Magnolia, Montgomery, Cut and Shoot, Willis and The Woodlands, Texas. The Company also operates First Financial Trust & Asset Management Company, N.A., with eight locations and First Technology Services, Inc., a technology operating company.
The Company is listed on The NASDAQ Global Select Market under the trading symbol FFIN. For more information about First Financial Bankshares, please visit our website at http://www.ffin.com.
Certain statements contained herein may be considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based upon the belief of the Company's management, as well as assumptions made beyond information currently available to the Company's management, and may be, but not necessarily are, identified by such words as "expect", "plan", "anticipate", "target", "forecast" and "goal". Because such "forward-looking statements" are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from the Company's expectations include competition from other financial institutions and financial holding companies; the effects of and changes in trade, monetary and fiscal policies and laws, including interest rate policies of the Federal Reserve Board; changes in the demand for loans; fluctuations in value of collateral and loan reserves; inflation, interest rate, market and monetary fluctuations; changes in consumer spending, borrowing and savings habits; and acquisitions and integration of acquired businesses, and similar variables. Other key risks are described in the Company's reports filed with the Securities and Exchange Commission, which may be obtained under "Investor Relations-Documents/Filings" on the Company's Web site or by writing or calling the Company at 325.627.7155. Except as otherwise stated in this news announcement, the Company does not undertake any obligation to update publicly or revise any forward-looking statements because of new information, future events or otherwise.
SOURCE First Financial Bankshares, Inc.