About VyStar Credit Union
VyStar Credit Union is a member-owned financial cooperative headquartered in Jacksonville, Florida, with a rich history of serving its members and communities. Founded in 1952 as Jax Navy Federal Credit Union by 12 founding members with an initial investment of $60 at Naval Air Station Jacksonville, the institution's primary mission was to provide a secure place for military and civil service personnel and their families to save and borrow money. This commitment to its members has been a cornerstone of its identity, fostering significant growth over the decades. By 1995, the credit union's assets had surpassed $1 billion, a testament to its expanding membership and branch network. In 2002, to reflect its broadened field of membership beyond its military origins, the institution rebranded to VyStar Credit Union. This change accompanied an expansion of its service area to include numerous counties in North and Central Florida, as well as several counties in Southeast Georgia.
Today, VyStar Credit Union stands as one of the largest credit unions in the United States, serving over a million members with assets exceeding $14 billion. The organization offers a comprehensive suite of financial products and services for both individuals and businesses, including deposit and loan services, mortgages, investments, insurance, retirement planning, and financial counseling. Governed by a volunteer Board of Directors, VyStar operates as a not-for-profit entity, reinvesting its earnings back into the credit union in the form of better rates, lower fees, and enhanced services for its members. The credit union is a major employer in Northeast Florida, with over 2,300 employees dedicated to its 'Do Good. Bank Better.' philosophy. This purpose-driven approach is evident in its active community involvement, partnerships with local non-profits, and initiatives aimed at improving the financial well-being of the communities it serves. VyStar's commitment to its employees is also notable, having been recognized as a top workplace for IT professionals, offering a supportive environment that encourages innovation and professional growth.
FAQs
- When was VyStar Credit Union founded?
- VyStar Credit Union was founded in 1952.
- Who is the CEO of VyStar Credit Union?
- Brian Wolfburg is the CEO.
- What industries or markets does VyStar Credit Union operate in?
- VyStar Credit Union operates in the following markets: Financial Services, Retail Banking, Credit Unions, Personal Finance, Business Banking, Mortgage Services, Investment Services, Insurance, Retirement Planning, and Financial Counseling.
- How many employees does VyStar Credit Union have?
- VyStar Credit Union has 1001-5000 employees.
- Where does VyStar Credit Union have employees?
- VyStar Credit Union has employees in United States.
- Does VyStar Credit Union support remote work or working from home?
- Yes, VyStar Credit Union is a remote-friendly company.
- What employee benefits does VyStar Credit Union offer?
- VyStar Credit Union provides 16 benefits to their employees.
- Does VyStar Credit Union offer a four-day work week?
- No, VyStar Credit Union does not offer a four-day work week.
- What is VyStar Credit Union's tech stack?
- VyStar Credit Union has 3 technologies in their tech stack.
- What is VyStar Credit Union's website?
- VyStar Credit Union's website is vystarcu.org.
