JACKSONVILLE, Fla. - VyStar Credit Union announced Monday that it has successfully acquired Citizens State Bank, a Florida state-chartered bank headquartered in Perry, Florida with $280 million in assets.
VyStar first announced the move in January but it was expected to take until mid-2019 to complete the acquisition.
The acquisition will bring VyStars total number of full-service branches to 55, and total assets to nearly $8.9 billion, serving more than 665,000 members.
The credit union said all the operations integrations should be finished by mid-October.
In addition, VyStar received approval from the Georgia Department of Banking and Finance and the FLOFR to expand into four Southeast Georgia counties: Camden, Charlton, Glynn and Ware.