VyStar Credit Union Surveillance Report

Company Profile

VyStar Credit Union (“VyStar” or “VCU” or “the credit union”) is a member-owned state-chartered credit union headquartered in Jacksonville, FL, and is the 15th largest credit union with $13.9 billion in total assets. VCU serves over 1 million members through a network of 80+ branches from Central to North Florida and Greater Georgia including Atlanta and FL Panhandle, along with opportunistically dipping into M&A to expand its footprint (121 Financial; $709 million assets closed in March 2024). Additionally, VCU is a Low-Income Designated credit union and is also certified as a Community Development Financial Institution (CDFI).
The credit union’s wholly-owned credit union service organization (CUSO) subsidiary, VyStar Financial Group, LLC, provides insurance products, title insurance, and holds non-member loans. VyStar Investment Services ($1.8 billion AUM) provides wealth products and services to its members as well as nonmembers.
VCU’s…

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