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Jacksonville Daily Record 10/6/22

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OCTOBER 6 TO OCTOBER 12, 2022 | JAXDAILYRECORD.COM

BUSINESS & LEGAL NEWS IN BAKER, CLAY, DUVAL, NASSAU AND ST. JOHNS COUNTIES

VYSTAR

INSIDE

AFTER THE OUTAGE BUSINESS STRATEGY

Trading diamonds for cookies and growing PAGE 14

“An experience like this summer definitely humbles myself and others in our institution.” BRIAN WOLFBURG, VYSTAR CEO

THE MATHIS REPORT

Flagstar Bank moving mortgage servicing center to Deerwood PAGE 4

HEALTH CARE

Special to the Daily Record

CEO Brian Wolfburg says it was a humbling experience when a system upgrade in May left its customers unable to access their accounts for days, but the credit union is now seeing near-record member growth. LIMITED TIME OFFER

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MIKE MENDENHALL ASSOCIATE EDITOR

F

or VyStar Credit Union’s chief executive, the summer 2022 online banking outage and canceled deal to buy a Georgia commercial bank were lessons

learned. “An experience like this summer definitely humbles myself and others in our institution and makes sure that we slow

down and check to make sure we’re doing what’s best for our members,” President and CEO Brian Wolfburg said in a Sept. 12 interview. “And I truly believe we are.” Wolfburg said VyStar is moving forward, focused on a 26-branch expansion in Georgia over the next three years and becoming “the credit union of the Southeast.” SEE VYSTAR, PAGE 8

Study seeking links for early detection of brain aneurysms PAGE 10 HURRICANE IAN

Insurance fund may need boost Legislature can make it mandatory for all policyholders to contribute to the loss through the Florida Hurricane Catastrophe Fund. PAGE 3 THE BAR BULLETIN

THE BASCH REPORT

Maple Street falls short of expansion goals “We remain bullish on Maple Street despite the unexpected construction delays and supply chain issues that kept us from opening the number of stores we had hoped to open,” CEO says. PAGE 6

The JBA marks its 125th year For decades, JBA members have been, and continue to be, involved in volunteer, civic and community organizations. PAGE 15

VOLUME 109, NO. 72 | TWO SECTIONS | PUBLISHED SINCE 1912


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