Pelican State Credit Union Lake Charles LA | Affordable Auto Loans & Business Banking

Introduction

Welcome to Pelican State, your trusted partner in financial growth and community support. Located at 2231 Oak Park Blvd, Lake Charles, LA 70601, our branch has been serving members since 1956, fostering a sense of belonging and financial empowerment for over six decades. As a proud part of the Pelican State family, we currently serve 78,014 members, providing them with access to exceptional banking services tailored to their needs. At Pelican State, we understand that every dollar counts. With total assets amounting to an impressive $734,707,218 and total deposits reaching $35,064,972, we are committed to safeguarding your financial future. Our net worth stands strong at $74,593,435, ensuring stability and trustworthiness in all our transactions. We take pride in offering a diverse range of financial products from personal loans and auto financing to mortgage solutions catering to every member's unique circumstances. Under the leadership of our CEO, Jeffrey Conrad, and Board President, Janelle Folse, our team of dedicated employees totaling 321 works tirelessly to ensure that each member feels valued and understood. Whether you have questions about your account or need assistance with a loan application, we're here to help you navigate your financial journey. While members can visit us at our Lake Charles branch for all their banking needs, official correspondence should be sent to the same address: 2231 Oak Park Blvd, Lake Charles, LA 70601. We invite you to experience the difference that comes from being part of a community-focused credit union. Reach out to us at 337-474-2040 during our operating hours (Monday - Friday from 9:00 AM - 5:00 PM and Saturday from 9:00 AM - 1:00 PM) or explore more about our services on our website at pelicanstatecu.com. Let's work together towards achieving your financial goals!

Branch History & Mission

Community Engagement

Our dedication goes beyond just banking; it extends into active community engagement. We regularly participate in outreach efforts aimed at supporting local initiatives and partnerships that uplift the residents of Lake Charles. Whether through sponsorships or volunteering at local events, Pelican State remains committed to making a positive impact. In addition to traditional banking services, we embrace digital advancements to better serve you. Our ADA-compliant facilities ensure everyone can access our services without barriers. Members can take advantage of online banking features like mobile payments and person-to-person transfers for added convenience. As we look ahead to the future, Pelican State invites you to join us on this journey of growth and community support. Experience firsthand how becoming a member can benefit not only your financial health but also contribute positively to the Lake Charles area. To learn more about what we offer or to become a member today, visit us online at Pelican State or call us at 337-474-2040. Together, let's build a brighter financial future!

Our Mission

The mission of Pelican State is simple yet profound: to improve the financial well-being of our members while fostering a sense of community. We believe that when our members thrive financially, so does the entire community. Our services range from personal banking like checking and savings accounts to auto loans and mortgages. Additionally, we offer credit cards with rewards, business banking options, and online/mobile banking solutions that keep up with today's fast-paced world. We understand that accessibility is key to serving our members effectively. That's why we offer both ATM availability and drive-thru banking for your convenience. Furthermore, we maintain a shared service center to assist those who may be part of partner credit unions.

Branch Location & Accessibility

Convenient Access and Features

Parking is ample and easily accessible, with ADA-compliant features ensuring that everyone can visit us without hassle. If you prefer drive-thru service, you're in luck! Our drive-thru is available to streamline your banking experience. For those who enjoy modern conveniences, we also provide ATM services for quick cash withdrawals and balance checks. While members can visit us at 2231 Oak Park Blvd, official correspondence should be sent to the same address. We're open Monday through Friday from 9:00 AM to 5:00 PM, and on Saturdays from 9:00 AM to 1:00 PM, making it easy to fit banking into your schedule.

Services Tailored for You

At Pelican State Credit Union, we offer a range of services designed to meet your personal and business banking needs. From checking and savings accounts to auto loans and credit cards with rewards, we've got something for everyone. Plus, with our shared service center availability, members of partner credit unions can also access essential services like deposits and withdrawals right here. We invite you to stop by or give us a call at 337-474-2040 if you have any questions. Our team looks forward to assisting you with exceptional service tailored just for you!

Member Eligibility

At Pelican State, we believe that becoming a member is like joining a close-knit family where your financial well-being is our priority. If you're wondering how to become a part of our community, it's simple! We welcome individuals who live, work, worship, or attend school in Calcasieu Parish, as well as those with family members who are already part of our credit union. This means that if you share our values and are looking for a supportive place to manage your finances, you're likely eligible to join us. Becoming a member of Pelican State comes with many advantages, including access to personalized banking services tailored just for you. Whether you're interested in savings accounts, loans, or convenient online banking options, we've got you covered. For more detailed eligibility criteria and information about opening an account, feel free to visit us at Pelican State Credit Union Eligibility or give us a call at (337) 474-2040. We can't wait to welcome you to our family!

Business Banking & Commercial Services

Merchant Services That Make Sense

Imagine running your business smoothly with reliable payment solutions. Our merchant services simplify transactions, allowing you to focus on what you do best serving your customers. From credit card processing to online payments, we provide tools that help you manage sales efficiently and securely. Located at 2231 Oak Park Blvd Lake Charles La 70601 in Lake Charles, LA, we invite you to explore how our Business Banking & Commercial Services can empower your business. Reach out today at (337) 474-2040, and let's build a brighter future together!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $51 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $14 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $3,911,770, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

ATM & Drive-Thru Services

Need cash quickly? Our ATM and cash withdrawal services are available for easy access whenever you need it. Additionally, our basic drive-thru banking allows you to conduct simple transactions like deposits and withdrawals without leaving your vehicle.

Business Banking

For our business members, we offer specialized banking services including merchant services and business loans. Whether you're starting a new venture or looking to expand, we have the resources to support your business growth.

Credit Options

If you're looking to earn rewards while spending, our credit cards are an excellent choice. With benefits that suit various lifestyles, you'll find the perfect card for your spending habits.

Digital Banking Convenience

In today's busy world, having access to your finances on-the-go is essential. At Pelican State, we provide online and mobile banking options that allow you to manage your accounts anytime and anywhere. You can easily check balances, transfer funds, and even make person-to-person payments with just a few taps on your smartphone.

Home Financing

Thinking about buying a home? Our mortgage loans and refinancing options can help make your dream a reality. We're here to guide you through the process so you can feel confident in your decision. For those who need additional funds for personal projects or consolidating debt, our personal loans provide flexible solutions tailored to your needs.

Personal Banking

Whether you're looking to open a checking account or save for the future, our personal banking services are designed with you in mind. We offer checking and savings accounts that fit various lifestyles, ensuring you have the right tools for managing your money effectively. If you're planning to purchase a new vehicle, consider our auto loans and vehicle financing options that come with competitive rates to make owning a car more accessible.

Shared Branch Transactions

As part of our commitment to convenience, we also offer basic shared branch transactions for members of partner credit unions. This means you can make deposits and withdrawals at affiliated locations across the country. At Pelican State, we're more than just a credit union; we're your partner in achieving financial success. Explore these services further by visiting us at our Lake Charles branch or by calling us at 337-474-2040. Experience the difference with personalized service that puts your needs first!

Digital & Online Banking

E-Statements and Mobile Payments

Stay organized and eco-friendly with our e-statements feature. Enjoy the convenience of viewing your statements electronically instead of waiting for them in the mail. This way, you'll always have quick access to your financial records without cluttering your inbox. If you're looking for a fast way to make payments, our mobile payments feature makes it simple to send money directly from your phone. Whether you're splitting a dinner bill with friends or paying back a family member, you can use person-to-person transfers effortlessly.

Mobile App and User-Friendly Features

Don't forget about our mobile application! Available for download on most devices, it puts all of our banking services right in the palm of your hand. From checking account balances to transferring funds between accounts or making payments, everything is just a tap away. We prioritize security while ensuring ease of use. With robust security measures in place, including encrypted transactions and real-time alerts for account activity, you can bank confidently knowing that your personal information is protected. In summary, Pelican State offers a comprehensive suite of digital banking tools designed to make managing your finances easy and secure. Join us today and experience the freedom of online banking!

Financial Strength

Commitment to Our Members

Net Shares (Funds available for lending and investments): $49,792,264 show our commitment to providing resources directly back into the community. With a total of 149,847 deposit accounts, it's clear that our growing member base trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Pelican State is your trusted partner. Visit us at 2231 Oak Park Blvd Lake Charles La 70601 or call (337) 474-2040 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Your savings are secured through $243,812,750 in share certificates and $4,351,932 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members; with non-member deposits at $3,526,164, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is reflected in our $0, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 319 full-time employees and 2 part-time employees who are dedicated to serving you with a knowledgeable team.

Reinvestment for Growth

With $67,922,870 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is significant as evidenced by $9,566 in used auto loans and $609,047,157 in total loans and leases, supporting your financial goals across various sectors.

Strong Financial Health

With a net worth of $74,593,435, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,012 further demonstrates our solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $200,208,394 in used vehicle loans and $58,771,726 in new vehicle loans already helping members get on the road. We provide flexible terms tailored to fit your budget and lifestyle.

Business Loans

For business owners, our outstanding commercial loans totaling $3,911,770 provide the capital needed to grow and expand. We understand the unique challenges businesses face and are here to support your growth journey. At Pelican State, we're committed to helping you find the right loan product for your needs. For those interested in refinancing or exploring eligibility options, our team is ready to assist you every step of the way. For more information or to discuss your options, please contact us at (337) 474-2040 or visit us at our branch located at 2231 Oak Park Blvd Lake Charles La 70601 in Lake Charles, LA. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let's work together towards achieving your financial dreams!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $32,127,041, make buying or refinancing simple. We offer competitive rates and personalized service to guide you through the process.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $62,002,900 in loans helping members manage their finances effectively. These cards come with rewards and benefits that can enhance your purchasing power.

Loan Aggregator

Building Trust with Users

Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This feedback highlights how effective and user-friendly the platform is. Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

How LendMesh Ensures Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This commitment to compliance guarantees that all offers displayed are fair and transparent. - Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions.

Pelican State