Heritage Southeast Bancorporation, Inc. Enters into Agreement to be Acquired by VyStar Credit Union

We want to make you aware that Heritage Southeast Bancorporation, Inc. (HSBI) and Heritage Southeast Bank, or as you know us Heritage Bank, Providence Bank and The Heritage Bank, have entered into a definitive purchase and assumption agreement with VyStar Credit Union. This means that VyStar Credit Union will be purchasing and merging our three banks into VyStar. The merger will have to be approved by regulatory agencies, but once that is complete, we will become one company operating under the name of VyStar.

The merger is expected to close later this year and as it moves forward, we stand committed to our customers, employees, and communities to provide you with current information. VyStar Credit Union has a similar philosophy about community service, and we anticipate that continued support as they expand into our markets.

Until that time when the acquisition is complete, your account with us remains the same as it is today, and you’ll see the same people working at our locations. As we get closer to that transition time, you’ll begin to receive information about VyStar Credit Union with specific information on your relationship with us. VyStar has committed to retaining all of our employees and locations. So, our commitment will continue as it is today, that you will be served by our professionals who continue to strive to exceed your expectations.

It is our privilege to continue to serve you and your financial needs and we will work with you, and VyStar Credit Union, to guide you through a smooth transition. If you have any specific questions, please contact your local banker.