 JONESBORO, Ga., July 14, 2021 GLOBE NEWSWIRE -- Heritage Southeast Bancorporation, Inc. Company OTCQX: HSBI announced that the shareholders of Heritage Southeast Bancorporation, Inc. approved the merger by VyStar Credit Union. On March 31, 2021, the Company signed a definitive purchase and assumption agreement whereby VyStar Credit Union VyStar will acquire the assets and assume the liabilities of Heritage Southeast Bank in an all-cash transaction. Following the completion of this transaction, HSBI and Heritage Southeast Bank will wind down their operations and their remaining assets, after all obligations are settled, will be distributed to HSBI stockholders. Once the acquisition receives regulatory approval, the companies expect to close the transaction in the fourth quarter of 2021. 