Average User Rating:3 star rating based on 2 reviews.
Pelican State Credit Union
Pelican State Credit Union Locations|
3232 S Sherwood Forest Blvd Baton Rouge, LA 70816 (225) 408-6100 www.pelicanstatecu.com  |
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Pelican State Credit Union is headquartered in Baton Rouge and is the 11st largest credit union in the state of Louisiana. It is also the 862nd largest credit union in the nation. It was established in 1956 and as of March of 2013, it had grown to 162 employees and 34,528 members. Pelican State Credit Union's savings rates are 94% higher than the national average, and it boasts a 5-star health rating.
Related Posts
Pelican State CU Conversion Postponed To 8/1 (Forum) - 7/19/2012
Pelican State Credit Union members with multiple e-Xtra Bonus checking accounts, which were to be converted on 7/16 to Choice Checking, will be able to continue to take advantage of the higher cap of the e-Xtra Bonus account for a
Pelican State CU 7/16 Conversion To Choice Checking (Forum) - 7/12/2012
Pelican State Credit Union members with multiple e-Xtra Bonus checking accounts, which are due to be converted on 7/16 to Choice Checking, might consider converting one of the accounts to Pelican Preferred Checking instead. The
Update On Pelican State E-Xtra Bonus Checking Conversion To Kasasa (Forum) - 6/11/2012
In my Email this morning an update on the conversion date of multiple RCAs: e-Xtra Bonus Checking Account Update Your primary e-Xtra Bonus Checking Account was converted to a Kasasa Cash Checking Account on Thursday, June 7, 2012. Your remaining
Additional Changes At Pelican State Credit Union Including Changes In Qualification Period for Reward Checking account (Forum) - 4/16/2012
Excerpts from this morning's Email: change in qualification period, limited conversion of existing accounts to Kasasa. "... The qualification cycle begins on the last day of each month and ends on the second to last day of the following month. Debit
2012
- 4/6 - Pelican State Credit Union Dropped Their Limit... (Forum)
- 1/17 - Pelican State CU Pays Members $172,000 Through Special Member Dividend (Forum)
2011
- 6/29 - Change To E-Xtra Bonus Checking Account Requirements (Forum)
2010
- 12/30 - Cap Change (Forum)
2008
See Rates for: Checking | Savings | CD | IRA
Pelican State Credit Union Checking Account Rates
Pelican State Credit Union Savings Account Rates
Pelican State Credit Union CD Rates
Pelican State Credit Union IRA Rates
| Apy | Min | Max | Product | |
| 1.89% | $10k | - | 48 Month Jumbo IRA | |
| 1.89% | $10k | - | 48 Month Jumbo Roth IRA | |
| 1.89% | $10k | - | 48 Month Jumbo CESA | |
| 1.77% | $1k | - | 48 Month IRA | |
| 1.77% | $1k | - | 48 Month Roth IRA | |
| 1.77% | $1k | - | 48 Month CESA | |
| 1.64% | $10k | - | 36 Month Jumbo IRA | |
| 1.64% | $10k | - | 36 Month Jumbo Roth IRA | |
| 1.64% | $10k | - | 36 Month Jumbo CESA | |
| 1.53% | $1k | - | 36 Month IRA | |
| 1.53% | $1k | - | 36 Month Roth IRA | |
| 1.53% | $1k | - | 36 Month CESA | |
| 1.29% | $10k | - | 24 Month Jumbo IRA | |
| 1.29% | $10k | - | 24 Month Jumbo Roth IRA | |
| 1.29% | $10k | - | 24 Month Jumbo CESA | |
| 1.19% | $1k | - | 24 Month IRA | |
| 1.19% | $1k | - | 24 Month Roth IRA | |
| 1.19% | $1k | - | 24 Month CESA | |
| 0.79% | $10k | - | 12 Month Jumbo IRA | |
| 0.79% | $10k | - | 12 Month Jumbo Roth IRA | |
| 0.79% | $10k | - | 12 Month Jumbo CESA | |
| 0.69% | $1k | - | 12 Month IRA | |
| 0.69% | $1k | - | 12 Month Roth IRA | |
| 0.69% | $1k | - | 12 Month CESA | |
| 0.60% | $10k | - | 6 Month Jumbo IRA | |
| 0.60% | $10k | - | 6 Month Jumbo Roth IRA | |
| 0.60% | $10k | - | 6 Month Jumbo CESA | |
| 0.50% | $1k | - | 6 Month IRA | |
| 0.50% | $1k | - | 6 Month Roth IRA | |
| 0.50% | $1k | - | 6 Month CESA |
Rates updated: 6/18/2013
Data for Q1 2013
Institution Statistics
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Institution Health
Overall Score:
5 out of 5 
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Posting Problems And Multiple Visa Debit Card Authorizations
- glamgal - Monday, May 13, 2013 - 5:27 PMI have noticed from personal experience that each time I use my Visa Debit card to make purchases over the phone that Pelican State Credit union will put multiple holds on my account...I have had up to 3 holds placed on my funds for a single purchase. Why? They will also make it difficult to impossible for some merchants to correct these authorization holds. I'm beginning to think that the credit union isn't really much different from a bank after all. They will try anything in hopes that a customer will overdraw their account, after all they have to make money too. I've also noticed that they will have a purchase authorization, then post that purchase to my account for 2 to 3 days then remove the post for 2 to 3 days then post it again. This happened to me recently for a 500.00+ transaction. I wonder if they are monitoring my purchase/spending history hoping that I will overdraw my account.
All I can say is beware. Each time you use your Visa Debit Card for a purchase placed by phone, make sure you have 3 times the amount of funds needed in your account because you are guaranteed to have several authorizations for a single transaction.
I'm thinking of keeping my savings account and opening a checking account with someone else after all this. The little bit of interest they pay can't make up for any overdraft fees that they may charge.
I also find that it isn't convenient to do business here. There aren't enough locations in Baton Rouge, and as far as I know the only location that is open on Sat is in Zachary.
1
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Great Rate And Great Service.
I don't know how they are doing it but I don't care. They have offerred one of the highest rates on checking for 2 years now. When I call they take care of me. Good place to bank.