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VyStar Credit Union Review 2022

Updated December 2, 2022
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At a glance

4.3
Rating: 4.3 stars out of 5
Bankrate Score
Caret Down

CDs

Rating: 4.5 stars out of 5

Checking

Rating: 5 stars out of 5

Savings

Rating: 3.3 stars out of 5

MMA

Rating: 3.9 stars out of 5

About Bankrate Score

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Overview

VyStar could be a great option for Floridians and Georgians in select counties looking for a low-cost banking experience with a range of accounts.

Highlights

  • Free Checking
  • Low Fees
  • Low Min Deposit
Compare offers
Bank logo
Member FDIC
Savings Account
3.85
%
APY
Rating: 4.3 stars out of 5
$0
Min. balance for APY
View offer Arrow Right
Bank logo
Member FDIC
Savings Account
3.75
%
APY
Rating: 4.3 stars out of 5
$0
Min. balance for APY
View offer Arrow Right
Bank logo
Member FDIC
Savings Account
3.60
%
APY
Rating: 4.3 stars out of 5
$0
Min. balance for APY
View offer Arrow Right

Overall

VyStar Credit Union is northeast Florida’s largest credit union offering various deposit accounts and services to hundreds of thousands of members.

Pros

  • Checkmark

    The free checking account pays interest and comes with extra benefits.

  • Checkmark

    Minimum deposit and balance requirements overall are low.

  • Checkmark

    The credit union charges no monthly service fees or in-network ATM fees.

Cons

  • Membership is mostly limited to Florida residents and residents in parts of Georgia.

  • Yields are low relative to what you can earn at other institutions.

VyStar Credit Union bank products

3.3
Rating: 3.3 stars out of 5
Bankrate Score

VyStar Credit Union savings overview

VyStar’s savings account requires a $5 minimum deposit, but interest is earned only on amounts of $50 or more. VyStar doesn’t charge a monthly service fee on the savings account.

The account’s APY is better than what you’ll find at most big banks, but you can find much higher yields — especially at online banks — if you shop around.

Pros

  • Checkmark

    The minimum deposit to open the account and earn interest is low.

  • Checkmark

    There’s no monthly service fee.

Cons

  • The yield is low compared to what other institutions offer.

Compare Offer
Bank logo
Member FDIC
Savings Account
3.85
%
APY
Rating: 4.3 stars out of 5
InfoHover for more
$0
Min balance for APY

Bank experience

VyStar Credit Union has more than 50 full-service branches. In addition to more than 200 ATMs in Florida, there’s access to more than 20,000 surcharge-free ATMs across the United States, Mexico and Canada. Some ATMs are available at retailers such as CVS Pharmacy, Target and Walgreens.

Branch hours vary by location. Representatives are available through the contact center every day. Members can also contact the credit union through the live chat feature on its website.

Members can use the credit union’s mobile app and take advantage of capabilities like Zelle and account alerts. Account holders can use touch ID or fingerprint recognition to get into the VyStar mobile app. There’s also a VyStar card control app that members can use to manage access to their debit cards.

About VyStar Credit Union

VyStar is headquartered in Jacksonville, Florida, and today has more than 775,000 members. Membership is open to local residents who live or work in 49 Florida counties or in 10 counties in southeast Georgia. Past and present military members and their families are also eligible for membership.

VyStar Credit Union was chartered in 1952 and was originally known as the Jax Navy Federal Credit Union, which offered services to military and civil service members.

Review methodology

With so many financial institutions to choose from, it can be hard to know who to trust. Bankrate’s ever-growing list of bank and credit union reviews is updated regularly. Our editorial team analyzes and reviews each institution across deposit products such as savings accounts, checking accounts, certificates of deposit (CDs) and money market accounts (MMAs). Banks are rated by important factors such as offered interest rates, fees, minimum balance requirements, access to funds and more.

We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.