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SOURCE First Financial Bankshares, Inc.
ABILENE, Texas, June 20, 2014 /PRNewswire/ -- First Financial Bank, N.A. has announced its plans to build a new banking location in Fort Worth, Texas at 1000 Forest Park Boulevard. The Company will hold a groundbreaking ceremony at 4 p.m. on Tuesday, June 24, 2014. The Bank's current Fort Worth location at 550 Bailey Avenue, Suite 300, will be relocated to the new building upon completion in mid-2015, subject to final regulatory approval.
"We are constantly looking for opportunities to improve our service to our existing customers and welcome new customers and are excited to be relocating our existing Fort Worth office to a beautiful new facility," said Jay Gibbs, President and CEO of First Financial Bank, Weatherford Region. "This branch is strategically located to provide our customers with very easy access to a facility that is just blocks from Interstate 30 and Highway 121. You will not go through Fort Worth without seeing and being able to easily access this location so that you can be provided the very best in financial services. Fort Worth has been very good to our company, and we have experienced excellent growth in trust, depository and lending services to the point that we have outgrown our current facility."
The building will be a four story 40,000 square feet building with five drive-thru lanes and a deposit-taking ATM. A portion of the new building will be available for lease. This location will offer our customers a full range of services, including depository, commercial and consumer banking as well as Trust and wealth management services.
"We are committed to providing the best location in Fort Worth for our customers in Fort Worth, as well as the customers of our other banking regions, with a state-of-the-art facility," said F. Scott Dueser, Chairman, President and CEO of First Financial Bankshares, Inc., the parent company of First Financial Bank, N.A. "We look forward to growing our Fort Worth presence of banking and wealth management services at this beautiful and well located facility in Fort Worth."
About First Financial Bankshares
Headquartered in Abilene, Texas, First Financial Bankshares, Inc. (NASDAQ: FFIN) is a financial holding company that operates 12 banking regions with 60 locations in Texas including Abilene, Acton, Albany, Aledo, Alvarado, Boyd, Bridgeport, Brock, Burleson, Cisco, Cleburne, Clyde, Decatur, Eastland, Fort Worth, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Mauriceville, Merkel, Midlothian, Mineral Wells, Moran, Newton, Odessa, Orange, Port Arthur, Ranger, Rising Star, Roby, San Angelo, Southlake, Stephenville, Sweetwater, Trent, Trophy Club, Vidor, Waxahachie, Weatherford and Willow Park. The Company also operates First Financial Trust & Asset Management Company, N.A., with seven 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.
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