Founded in 1952, VyStar Credit Union (formerly Jax Navy Federal) is northeast Florida's largest credit union, and the 16th largest credit union in the country.
VyStar members can benefit from low deposit requirements, no monthly fees, and account options for the whole family, including kids and teens.
If you live in Florida or Georgia, VyStar Credit Union could be a good choice for your banking needs.
Continue reading for a full review of this credit union, and VyStar reviews from real customers.
VyStar offers multiple checking account options:
VyStar prides itself on offering free checking accounts. Thus, there are no fees to write checks, transfer money between accounts, or deposit money into your account. In addition, you can earn interest on your daily balance.
VyStar offers multiple savings account options:
VyStar savings account options don't have a monthly service fee, allowing you to easily save money and grow your savings.
VyStar offers a checking account for teens, young adults, and students, as well as a savings account option for children 12 years old or under.
These account options are a great way to teach children and teens how to save money, as well as how to successfully manage their money.
VyStar offers an overdraft protection plan that safeguards your accounts by automatically transferring funds from linked accounts if there is less than is required for a check or automated clearing house (ACH) debit.
There are no fees associated with overdraft protection and you can use multiple accounts to protect one account if needed.
As part of VyStar's overdraft protection service, you can also use Courtesy Pay to defend against certain returned and/or denied transactions.
In addition to its personal and business banking services, VyStar offers auto and recreational loans, personal loans, and mortgages.
VyStar advertises low, competitive rates, although rates aren't disclosed on the website.
For their members who require accounts for business services, VyStar Credit Union offers business shared accounts, business loans, mortgage processing, VyStar is an approved mortgage seller, business credit card services, solutions that allow businesses to accept credit and debit cards and payroll.
One of the best things that VyStar offers to their members is their investment services and products. VyStar provides financial analysis and services at no cost or obligation.
Members can make a savings and investment plan; protect financial assets, fund education and plan for retirement.
VyStar also offers a comprehensive list of value-oriented products and services for members, such as the VyStar Money Makeover program, which is free and is designed to help members take a closer look at their money.
This program also provides unique money management tips and tools to help drive down debt, increase savings, and improve a member's financial outlook.
VyStar Credit Union also offers three kinds of credit cards:
All of the VyStar Visa credit cards have no annual fee and low-interest rates.
VyStar has a mobile app through which you can view and manage your accounts, transfer money, pay bills, and locate branches or ATMs.
The app is available for both iOS and Android devices.
VyStar Credit Union has a $5 one-time membership fee when you open any account, including loads of other hidden fees when opening any account:
While these fees aren't necessarily high, they can add up and become inconvenient.
Lastly, VyStar Credit Union does not give a rate/dividend schedule for their checking accounts, or list the types of checking accounts available for membership. If you want this information, you must either go into a local branch or call a VyStar representative.
VyStar primarily serves residents in Florida and Georgia. Due to the fact that you may need branch access for some of the credit union's services, VyStar is a good option for residents of these two states