JACKSONVILLE, Fla. — The $3.3 billion VyStar Credit Union is the latest in the industry to launch its own real estate CUSO.
The CUSO, which will launch through Vystar's subsidiary, VyStar Financial Group, LLC, is scheduled to open for business sometime this quarter. Four agents and a broker will serve clients with an initial focus in Clay County, Mandarin and Westside here.
Earlier this month, $1.8 billion Coastal FCU's Daymark Realty opened for business. Other billion dollar credit unions with their own real estate CUSOs include $14 billion State Employees' CU and $10 billion Pentagon FCU.
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