FIRST FINANCIAL BANK ANNOUNCES PROMOTION OF CHRIS SCHJETNAN TO EXECUTIVE VICE PRESIDENT, DIRECTOR OF COMMUNITY LENDING AND OUTREACH

Rhea-AI Summary

First Financial Bank has promoted Chris Schjetnan to Executive Vice President, Director of Community Lending and Outreach. In this new role, Schjetnan will lead the bank's affordable banking initiatives focusing on traditionally underserved communities.

Schjetnan, who joined First Financial Bank in 2012 after working at Wells Fargo, has been instrumental in growing the bank's ITIN and Affordable Home Mortgage programs. Born and raised in Mexico City in a bilingual household, he previously served as Executive Vice President, Regional Consumer Lending Manager for the Bank's Chisholm Trail Region.

His background includes a bachelor's degree in business administration from Western New Mexico University and graduation from both the Southwestern Graduate School of Banking at SMU and the American Bankers Association Commercial Lending School.

Positive

• Expansion of leadership in community lending and underserved markets
• Demonstrated success in growing ITIN and Affordable Home Mortgage programs
• Strategic focus on market expansion through diverse banking initiatives

Negative

• None.

News Market Reaction – FFIN

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Data tracked by StockTitan Argus on the day of publication.

ABILENE, Texas, Jan. 30, 2025 /PRNewswire/ -- The Board of Directors of First Financial Bank has announced the promotion of Chris Schjetnan to Executive Vice President, Director of Community Lending and Outreach. In this role, Chris will lead the Bank's affordable banking initiatives which focus on traditionally underserved communities.

"Chris's unique background makes him an ideal candidate to fill this important new role for our company," said David Bailey, President of First Financial Bankshares, Inc. "Chris will lead our ongoing efforts to ensure equitable access to banking options which serve the diverse needs of our borrowers. Chris will continue to drive our mission forward and continue to make a positive impact on the communities we serve."

Born in Mexico City, Mexico and raised there in a bilingual and bicultural household, Schjetnan brings experiences and expertise that have enabled him to become a leader in community lending and outreach for our bank. Schjetnan began his career at First Financial Bank in 2012, after spending several years at Wells Fargo in credit and branch management positions. In his most recent role as Executive Vice President, Regional Consumer Lending Manager, he oversaw a team responsible for loan portfolio growth in the Bank's Chisholm Trail Region.

Chris has been instrumental in growing our ITIN (Individual Tax Identification Number) and Affordable Home Mortgage programs that provide access to mortgage lending options for individuals who might not qualify through traditional loan channels. Additionally, Chris has helped forge relationships across the state with organizations focused on the underserved.

Chris received a bachelor's degree in business administration from Western New Mexico University and is a graduate of the Southwestern Graduate School of Banking at Southern Methodist University as well as the American Bankers Association Commercial Lending School.

About First Financial Bank

First Financial Bank is a wholly owned subsidiary of First Financial Bankshares, Inc. (NASDAQ: FFIN). Headquartered in Abilene, Texas, First Financial Bankshares is a financial holding company that through its subsidiary, First Financial Bank, operates multiple banking regions with 79 locations in Texas, including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Bryan, Burleson, College Station, Cisco, Cleburne, Clyde, Conroe, Cut and Shoot, Decatur, Eastland, El Campo, Fort Worth, Franklin, Fulshear, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Kingwood, Magnolia, Mauriceville, Merkel, Midlothian, Mineral Wells, Montgomery, Moran, New Waverly, Newton, Odessa, Orange, Palacios, Port Arthur, Ranger, Rising Star,  Roby,  San  Angelo,  Southlake,  Stephenville,  Sweetwater, Tomball, Trent, Trophy Club, Vidor, Waxahachie, Weatherford, Willis, and Willow Park. The Company also operates First Financial Trust & Asset Management Company, with nine locations, and First Technology Services, Inc., a technology operating company.

View original content:https://www.prnewswire.com/news-releases/first-financial-bank-announces-promotion-of-chris-schjetnan-to-executive-vice-president-director-of-community-lending-and-outreach-302364837.html

SOURCE First Financial Bankshares, Inc.

FAQ

What is Chris Schjetnan's new role at First Financial Bank (FFIN)?

Chris Schjetnan has been promoted to Executive Vice President, Director of Community Lending and Outreach at First Financial Bank, where he will lead the bank's affordable banking initiatives.

How long has Chris Schjetnan been with First Financial Bank (FFIN)?

Chris Schjetnan joined First Financial Bank in 2012, after working at Wells Fargo in credit and branch management positions.

What programs has Chris Schjetnan developed at First Financial Bank (FFIN)?

Schjetnan has been instrumental in developing the ITIN (Individual Tax Identification Number) and Affordable Home Mortgage programs, providing lending options for individuals who might not qualify through traditional channels.

What was Chris Schjetnan's previous position at First Financial Bank (FFIN)?

Prior to his promotion, Schjetnan served as Executive Vice President, Regional Consumer Lending Manager, overseeing loan portfolio growth in the Bank's Chisholm Trail Region.

How will First Financial Bank's (FFIN) community lending initiatives expand under Schjetnan?

Under Schjetnan's leadership, the bank will focus on ensuring equitable access to banking options serving diverse borrower needs and expanding services to traditionally underserved communities.