VyStar Credit Union Acquires $1.6 B Georgia Bank

VyStar Credit Union announced it has signed an agreement to acquire Heritage Southeast Bank (HSB), a state-chartered bank headquartered in Jonesboro, Ga.

The acquisition was VyStar’s second in 24 months and brought its total assets to approximately $12.5 billion, full-service branches to 88 and membership to over 850,000, making VyStar the 13th-largest credit union in the country by asset size.

VyStar is the largest credit union headquartered in Northeast Florida and now serves over 750,000 members with assets totaling more than $10 billion.

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