VyStar Credit Union Class Action Settlements — 1 Active Case
SettlementRadar is not affiliated with, endorsed by, or connected to VyStar Credit Union. This page provides independent information about class action settlements involving this company.
$2M Total Fund 1 no-proof settlement — file with no documentation required. Deadlines are approaching. Check eligibility now.
Open VyStar Credit Union Settlements
VyStar Credit Union
On October 31, 2024, the Bureau issued an order against VyStar Credit Union (VyStar), a Jacksonville, Florida based credit union with approximately 850,000 members with deposit accounts. VyStar membership is open to, among others, those living or working in the 49 contiguous counties of Central to North Florida, 29 Georgia counties, and past and present military members and their families. In May 2022, VyStar attempted to launch a new online and mobile banking platform with a new provider. The Bureau found that VyStar’s planning and implementation of the conversion violated the Consumer Financial Protection Act of 2010. The order required VyStar to come into compliance with the law, establish a governance committee to ensure proper management of projects involving consumer facing banking systems, ensure that all consumers owed redress have been paid, and pay a $1.5 million civil money penalty.
