Jacksonville-based VyStar acquires First Coast Federal\u00a0Credit Union

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Jacksonville-based VyStar acquires First Coast Federal\u00a0Credit Union
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  • 📰 Florida Times-Union
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VyStar Credit Union completed its merger with First Coast Federal Credit Union, taking over its Jacksonville branch at 3040 Edison Ave.

has completed its acquisition of Jacksonville-based First Coast Federal Credit Union, whose lone branch is located at 3040 Edison Ave.

First Coast Federal employees were offered employment opportunities at VyStar, which plans to use the branch to support its Do Good non-profit work. First Coast Federal Credit Union has served Northeast Florida since 1935 and has about 1,700 members and $11.2 million in assets. VyStar, as the 13th largest credit union in the country, has more than 860,000 members and over $13 billion in assets.

“As we welcome First Coast Federal members to VyStar, we look forward to offering them a wide variety of benefits,” said VyStar President and CEO Brian Wolfburg in a news release. “As part of our long-term growth plan, we will continue to look for strategic opportunities that bring additional benefits and convenience to our growing membership and communities.”

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