JACKSONVILLE, Fla. — Another credit union has blazed a trail with the launch of its own real estate CUSO.
This time it's $3.3 billion VyStar Credit Union, which has announced plans to open a real estate CUSO through its Vystar Financial Group, LLC subsidiary. The CUSO 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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