PELICAN CREDIT UNION - Monroe, LA

Welcome to Pelican State, your trusted credit union located at 2880 Louisville Ave Ste 1, Monroe, LA 71201. Established in 1956, we have been proudly serving our community for over six decades. With a total membership of 78,014, we are dedicated to providing personalized financial services that meet the unique needs of our members. At Pelican State, we understand that every dollar counts. That's why we manage a robust portfolio with total assets of $734,707,218 and total deposits amounting to $35,064,972. Our commitment to you is reflected in our exceptional services, from auto loans to personal banking solutions. Currently, we have issued 49,735 loans and leases to help our members achieve their financial goals. Our leadership team is devoted to ensuring your experience with us is seamless and rewarding. Under the guidance of CEO Jeffrey Conrad and Board President Janelle Folse, our dedicated staff of 321 employees works hard to foster a welcoming environment where you can feel at home while managing your finances. While you can visit us at our Monroe branch for all your banking needs, official correspondence should be sent to the same address: 2880 Louisville Ave Ste 1, Monroe, LA 71201. Whether you're looking for checking and savings accounts or need assistance with mortgage loans and refinancing options, we are here to help. Explore the many ways Pelican State can support your financial journey by visiting our website at pelicanstatecu.com. If you have any questions or would like more information about our services, feel free to give us a call at 318-410-4333. We look forward to serving you!

At Pelican State, we believe that everyone deserves the opportunity to join a community that cares. Becoming a member is simple and welcoming! If you live, work, worship, or attend school in Ouachita Parish, or if you have a family member who is already part of our credit union, you are eligible to join us. This opens up a world of financial benefits designed just for you, including personalized service and competitive rates on loans and savings accounts. For more detailed eligibility information, feel free to visit our website. Once you're ready to take the next step, opening an account with us is straightforward. Just head over to https://my.pelicanstatecu.com/enroll to get started online or give us a call at (318) 410-4333 if you have any questions. We're here to help you every step of the way as you become part of the Pelican State family at our branch located at 2880 Louisville Ave Ste 1 Monroe La 71201. Join us today and experience the difference!

At Pelican State, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand how important it is for you to feel confident about where your money is kept, and we're proud to showcase our strong financial position. 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 10.12% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' 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. 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 commitment to your financial success is reflected in the $9,566 in used auto loans and $609,047,157 in total loans and leases available to support your financial goals across various sectors. Our operational efficiency is highlighted by our current net income of $-$927,730, enabling 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, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $49,792,264. Total Share Accounts: 149,847, showcasing a strong and growing member base that trusts us with their finances. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. 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 2880 Louisville Ave Ste 1 Monroe La 71201 or call (318) 410-4333 to learn more about how we can help you achieve your financial goals.