News Release

VyStar Credit Union Powers Growth with Modern Core Banking System from FIS


​Key facts

  • VyStar Credit Union, headquartered in Jacksonville, Fla., is the 17th largest credit union in the country ranked by asset size, and the second largest in the state of Florida, with over $7.6 billion in assets and 610,000 members.
  • New FIS core banking system provides 360-degree browser-based view of member accounts from a single location.

JACKSONVILLE, Fla., July 12, 2018 FIS™ (NYSE: FIS), a global leader in financial services technology, announced today that VyStar Credit Union, one of the largest and fastest-growing credit unions in the United States, has chosen a modern core banking solution from FIS to better serve its members and support its continued growth.

An FIS core banking client for more than 10 years, VyStar has experienced considerable growth over the past several years. Currently, VyStar serves 22 counties in Northeast to Central Florida with 46 full-service branches, 13 high school credit union branches, 220 ATMs, and a surcharge-free network of 20,000+ ATMs in the United States, Mexico and Canada.

The new FIS core processing platform provides a 360-degree, browser-based view of member accounts from a single location, enabling VyStar employees to view comprehensive account profiles and to better serve VyStar members with personalized, value-added products and services.

In addition, new teller capture technology will enable VyStar to increase efficiency across its 59-branch network.

“Increasing the efficiency of our core processing improves the service we are able to provide our members,” said Brian Wolfburg, president/CEO, VyStar Credit Union. “By simplifying the way our employees service accounts, and expanding the view we have of our members, this new FIS core banking system will allow VyStar to provide greater convenience to our members and position ourselves for the future as we continue to grow.”

“As is evident in its growth, VyStar understands the role of advanced technology in meeting and exceeding the needs of its members,” said Bruce Lowthers, chief operating officer, Integrated Financial Solutions, FIS. “We look forward to continuing to support VyStar with advanced core banking technology that helps power its success in a fast-changing marketplace.”

FIS provides core banking, payments and mobile technology to credit unions across North America.

About FIS
FIS is a global leader in financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk and compliance, and outsourcing solutions. Through the depth and breadth of our solutions portfolio, global capabilities and domain expertise, FIS serves more than 20,000 clients in over 130 countries. Headquartered in Jacksonville, Fla., FIS employs more than 52,000 people worldwide and holds leadership positions in payment processing, financial software and banking solutions. Providing software, services and outsourcing of the technology that empowers the financial world, FIS is a Fortune 500 company and is a member of Standard & Poor’s 500® Index. For more information about FIS, visit www.fisglobal.com.

Follow FIS on Facebook (facebook.com/FIStoday), LinkedIn (linkedin.com/company/fis) and Twitter (@FISGlobal).

About VyStar Credit Union
VyStar is the largest credit union headquartered in Northeast Florida and the 17th largest in the country ranked by asset size among 5,800+ credit unions. VyStar serves over 610,000 members with assets totaling more than $7.6 billion. VyStar membership is open to everyone who lives or works in Alachua, Baker, Bradford, Brevard, Clay, Columbia, Duval, Flagler, Gilchrist, Hamilton, Lake, Levy, Marion, Nassau, Orange, Putnam, St. Johns, Seminole, Sumter, Suwannee, Union and Volusia counties. For more information about VyStar, visit www.vystarcu.org.

 

For More Information
Kim Snider, 904.438.6278          
Senior Vice President                      
FIS Global Marketing and Communications      
kim.snider@fisglobal.com

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