Jacksonville, Fla. Jacksonville, Fla. (Source: Shutterstock)

A small Jacksonville, Fla.-based credit union has merged with the behemoth $13.2 billion VyStar Credit Union, also headquartered in Jacksonville.

After receiving regulatory approval, a majority of the 1,674 members at the $11.3 million First Coast Federal Credit Union voted in favor of merging into VyStar, according to an announcement on Friday. The merger agreement will help VyStar grow its presence in northeastern Florida with nearly 850,000 members and will keep VyStar as the 13th largest credit union in the country.

Michael Ogden

Editor-in-Chief for CU Times.

More from this author


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.