Overview / Commentary
3232 S Sherwood Forest Blvd
Baton Rouge, LA 70816

From the Bank

Field of Membership Restrictions

Membership in Pelican State Credit Union is open to those who live in Rapides Parish, Louisiana, or work for or retired from one of the Credit Union's Select Employee Groups (not listed on the credit union's site). Membership is also offered to residents of Arkansas, Louisiana, Mississippi, and Texas who join one of three associations (listed on the online application).
See current membership details

Related Posts

Certificate Rate Drop - 2/28/2019

Pelican State Credit Union has dropped rates on 36 month cds from 3.51 to 3.04 and 60 month from 3.71 to 3.30

Pelican State Credit Union (LA/AR/MS/TX) Ups All CD Rates - 10/25/2018

Pelican State CU (LA/AR/TX/MS) raised rates on its CDs: 12-month (2.89% APY), 24-month (3.20% APY), 36-month (3.51% APY), 48-month (3.61% APY) and 60-month (3.71% APY).

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Not That Bad :-)

Posted by: 51hh | Nov 25, 2016

Reading all the negative reviews, I feel bad for PSCU.

Actually their service is fine; they answered all my questions timely. The recent event was concerning the cancellation of my debit card since I have not used it for a while. They quickly sent the new debit card to me followed by password.

I do not like their RCA package (4%, only $7.5K; only one account allowed). They used to be much more generous.

I do not use their other services, e.g., loan, credit cards. But I assume it will be similar to those of RCA services.

Anyhow, PSCU went out their ways to read the reviews here and responded positively to them. That is much better than most other credit unions/banks.

I would suggest that we can work with the credit union patiently should issues arrise and afford PSCU an opportunity to make corrections and improvement accordingly.

Good Service, Great Rates, Contingent Beneficiaries, Not So Good.

A lot of negative reviews here. I'm not one of them. They have always been attentive to my calls. I Kasasa with them for 4% and maintain over 100K in savings and CDs

One thing they should do is allow depositors to create contingent beneficiaries; other banks do.
Whats holding it up?

Worst Credit Union

Pelican State Credit Union is by far, the worst credit union I have ever used. They are not set up to accept automatic transfers from any bank to this credit union. The only way an outside bank can transfer into this credit union is by bill pay only.

If you don't have great credit, then you might want to re-consider applying for a loan here. This credit union only caters to people with great credit. They make lots of excuses for denying loans. On top of that, every time this credit union denies you a loan, they take 5 dollars out of your account. They offer free credit counseling and when you talk to the counselor she tells you everything you already know. Once you do everything the counselor tells you to do, they still deny you, and then charge you once again. They are not willing to help you re-establish your credit.

They do not return emails. If you apply for a loan with the manager, she has one of her employees return the phone call of denial. Very poor service!

Great Rate

Pelican State has the most responsive staffs that address my questions and requests always in a timely manner. They also offer a great rate for the checking account which is a big plus. I hope in the future they will always continue to maintain the quality of the service and never stop to improve it.



Health Grade Components

NCUA #62710
Year Chartered1956
Primary Regulator
Profit Margin
Return on Assets - YTD1.35%
Return on Equity - YTD12.36%
Annual Interest Income$23.2MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$367.3MM$334.0MM
LoansQ4 2018vs Q4 2017$304.6MM$268.1MM
DepositsQ4 2018vs Q4 2017$324.2MM$296.7MM
Equity CapitalQ4 2018vs Q4 2017$39.1MM$33.8MM
Loan Loss AllowanceQ4 2018vs Q4 2017$4.4MM$4.2MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$3.7MM$3.4MM
Real Estate OwnedQ4 2018vs Q4 2017$41.00K$51.00K
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Certificate Rate Drop

Aggie   |  
Pelican State Credit Union has dropped rates on 36 month cds from 3.51 to 3.04 and 60 month from 3.71 to 3.30

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Always verify rates and promotions with the bank or credit union. We are not Pelican State Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Pelican State Credit Union Savings Account Rates

1.01%*-$50kKasasa Saver
OTHER TIERS: 0.50% $50k+
0.90%*$20k*-Regular Shares
OTHER TIERS: 0.75% $100 - $20k
0.90%*$20k*-Primary Shares
OTHER TIERS: 0.75% $100 - $20k
0.89%$100-IRA Share
0.75%--Team Pelican Shares
0.30%*$50k*-Business Shares
OTHER TIERS: 0.15% $100 - $1k | 0.20% $1k - $10k | 0.25% $10k - $50k
0.25%--Christmas Club
0.25%$1k-Freedom Shares
0.25%--Vacation Club

Pelican State Credit Union Checking Account Rates

4.01%-$7.5kKasasa Cash

Pelican State Credit Union CD Rates

3.30%$500-60 Month CD
3.30%$10k-60 Month Jumbo CD
3.20%$500-48 Month CD
3.20%$10k-48 Month Jumbo CD
3.04%$500-36 Month CD
3.04%$10k-36 Month Jumbo CD
2.63%$500-24 Month CD
2.63%$10k-24 Month Jumbo CD
2.53%$500-12 Month CD
2.53%$10k-12 Month Jumbo CD
1.31%$500-6 Month CD
1.31%$10k-6 Month Jumbo CD

Pelican State Credit Union IRA Rates

3.30%$1k-60 Month IRA
3.30%$10k-60 Month Jumbo IRA
3.20%$10k-48 Month Jumbo IRA
3.20%$1k-48 Month IRA
3.04%$10k-36 Month Jumbo IRA
3.04%$1k-36 Month IRA
2.63%$10k-24 Month Jumbo IRA
2.63%$1k-24 Month IRA
2.53%$10k-12 Month Jumbo IRA
2.53%$1k-12 Month IRA
1.31%$10k-6 Month Jumbo IRA
1.31%$1k-6 Month IRA


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