VyStar Credit Union to Merge With First Coast Federal Credit Union

VyStar Credit Union Intends to Merge with 121 Financial Credit Union

April 20, 2023

Financial Services

VyStar Credit Union announced its intent to merge with 121 Financial Credit Union, with the transaction expected to close later in the year subject to regulatory and member approval. Both credit unions are headquartered in Jacksonville, Florida, and the combined institution is projected to have more than 920,000 members and assets over $14 billion.

VyStar Credit Union Acquires Heritage Southeast Bank

March 31, 2021

Financial Services

VyStar Credit Union signed a Definitive Purchase and Assumption Agreement to acquire Heritage Southeast Bank (HSB), a state-chartered bank headquartered in Jonesboro, Georgia. The deal will expand VyStar's branch network and membership in Georgia and is subject to shareholder and regulatory approvals, bringing VyStar's assets to approximately $12.5 billion when finalized.

Digital Federal Credit Union and First Tech Federal Credit Union to Merge

September 30, 2025

Financial Services

The National Credit Union Administration (NCUA) granted regulatory approval for Digital Federal Credit Union (DCU) and First Tech Federal Credit Union to proceed with their proposed merger. Following member approvals, the organizations plan to complete a legal merger on January 1, 2026, operating as First Tech Federal Credit Union and integrating over time.

Seacoast Banking Corporation of Florida Acquires Villages Bancorporation, Inc.

May 29, 2025

Financial Services

Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, signed a definitive agreement to acquire Villages Bancorporation, Inc., the parent company of Citizens First Bank, based in The Villages, Florida. The deal is expected to close in the fourth quarter of 2025 after regulatory approvals and VBI shareholder approval; later, Seacoast reported that required U.S. federal and OCC regulatory approvals had been received and closing was expected around October 1, 2025, subject to customary conditions.

TwinStar Credit Union Merges with Northwest Community Credit Union

August 20, 2024

Financial Services

TwinStar Credit Union and Northwest Community Credit Union completed a merger to scale operations and expand member services across Washington and Oregon, creating a combined organization serving over 250,000 members with $4.3 billion in assets and 36 locations. Jack Henry will continue to provide core technology and support to the merged credit union to enable ongoing innovation and operational efficiency.

DFCU Financial Acquires First Citrus Bank

January 3, 2023

Financial Services

DFCU Financial has completed its acquisition of First Citrus Bank and rebranded the combined operations as DFCU Financial. The deal expands DFCU's presence into the Tampa Bay/Florida market and brings First Citrus customers access to DFCU's broader product set including mortgages, consumer loans, and investment services.