Jacksonville, Fla. Jacksonville, Fla. (Source: Shutterstock)

For the third time, VyStar Credit Union and Heritage Southeast Bank said they have mutually agreed to extend the "outside date" to June 30 to complete the industry's largest credit union-bank acquisition deal.

But in a prepared statement released late Thursday afternoon, the financial institutions also agreed to allow either party to terminate the agreement if certain regulatory hurdles are not cleared by April 30.

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