Pelican Credit Union

What their website says about applying

• The right program depends on your income, credit profile, military status, and where you're buying. A Pelican mortgage specialist can review your situation and identify which programs you may qualify for before you formally apply. source
• This typically includes proof of income, recent tax returns, bank statements, and government-issued ID. source
• Your first step is obtaining a Certificate of Eligibility (COE) from the VA. source

Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.

As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.

• Low or damaged credit considered FHA mortgage loans are designed to help borrowers with moderate credit or limited savings achieve homeownership. source
• Income limit applies your household income must fall within the program's limits for your area and family size source

Only rules the lender's own pages state. Other requirements may apply.

Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. Loan amounts and rate-type terms for auto, personal and business loans are not stated on the pages fetched. Terms change — confirm with the lender before applying.

Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.

1. How do I become a member, and is there a fee or a minimum deposit?
   Credit unions lend only to their members.
2. What are the smallest and the largest loans you make?
   No loan amounts are stated on their website.
3. What is the APR, including fees, on your auto loans and home mortgages?
   Their website does not state an APR. The APR includes fees, so it is the number to compare.
4. What interest rate and fees should I expect on your commercial real estate loans and equipment loans?
   Their website does not state a rate for this.
5. Do you need collateral, a business plan or a minimum time in business?
   Their website does not say what they require.
6. Do you offer down-payment help, and is a homebuyer education course required?
   CDFI home loans often come with homebuyer education or down-payment help; their website does not say.
7. What documents will you need from me, and how long does a decision usually take?
   Their website describes some application steps (above); ask for the full document list.

Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.

On file with the NCUA as PELICAN (charter 62710). Source: NCUA 5300 Call Report quarterly data (public data) as of 30 Jun 2026, downloaded 3 Nov 2026: total assets, members and branch addresses.

An office shows where the lender has a branch, not where it lends or whom it lends to. Credit unions serve members only; check who can join. For the ZIP-code search, credit-union offices are placed at the centre of their ZIP code (approximate).

Figures from the 5300 Call Report filed by Pelican Credit Union (NCUA charter 62710, filed as “PELICAN”). Source: NCUA 5300 Call Report quarterly data (public data), cycle 30 Jun 2026; year-earlier figures from the 30 Jun 2025 cycle; downloaded 3 Nov 2026.

Loan mix (balances on 30 Jun 2026)

Balances are loans outstanding on the report date, not loans made during the year. A category with no balance does not mean the credit union never makes that kind of loan. Credit unions lend to members only; check who can join.

Pelican Credit Union reported 193 originated home loans for 2025 under the Home Mortgage Disclosure Act, totaling about $19.6M (median loan about $75,000). 37 were home-purchase loans.

Included above: 43 home-equity or other open-end lines of credit; 16 loans on manufactured homes.

Where the loans were made

Counties with the most 2025 originations, out of 37 counties with at least one; 98% of its 2025 loans were for properties in Louisiana:

• Livingston Parish, LA (37)
• East Baton Rouge Parish, LA (33)
• Ascension Parish, LA (14)
• St. Landry Parish, LA (12)
• Lafayette Parish, LA (11)
• Rapides Parish, LA (11)
• Calcasieu Parish, LA (10)
• St. Tammany Parish, LA (8)

Filed under LEI 25490058TX0QV62WQ461 as “Pelican State Credit Union”; matched by its RSSD ID on the CDFI Fund list, which the HMDA reporter panel links to this LEI.

Source: FFIEC Home Mortgage Disclosure Act (HMDA) data for 2025, snapshot frozen 2 Jun 2026, loan-level records read through the CFPB HMDA Data Browser API on 3 Nov 2026. Originated loans only; applications that were denied, withdrawn or not accepted are not counted. HMDA publishes each loan amount as the middle of a $10,000 band, so totals and medians are approximate. Counts under 3 are not shown. How we match lenders.

For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section). Home loans: FFIEC/CFPB HMDA data.

The SBA's public loan data lists 1 SBA-backed approval for Pelican Credit Union in fiscal years 2020–2026 (October 2019 to September 2026):

• 1 7(a) loans as the lender

By fiscal year: FY2020 0 · FY2021 1 · FY2022 0 · FY2023 0 · FY2024 0 · FY2025 0 · FY2026 0.

How this lender was matched in the SBA files: NCUA charter 62710, found through the RSSD ID in NCUA records (SBA lists “Pelican Credit Union”).

Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. Pelican Credit Union may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files.

Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.

Other certified CDFIs in Baton Rouge and Louisiana

• ESSENTIAL CREDIT UNIONCredit union · Baton Rouge, LAAuto / vehicle loans, Small-dollar / emergency loans, Home mortgages, Personal / consumer loans…Verified
• SOUTHERN TEACHERS & PARENTS FCUCredit union · Baton Rouge, LAOfficial list only
• 705 Federal Credit UnionCredit union · Lafayette, LAAuto / vehicle loans, Credit-builder loans, Microloans, Home mortgages…Verified
• American Bank & Trust CompanyBank or thrift · Opelousas, LAAgriculture / farm loans, Commercial real estate loans, Home mortgages, Personal / consumer loans…Verified
• Ascension Credit UnionCredit union · Gonzales, LAAuto / vehicle loans, Commercial real estate loans, Credit-builder loans, Equipment loans…Verified
• BASILE STATE BANKBank or thrift · Basile, LAAuto / vehicle loans, Home repair / improvement loans, Personal / consumer loansVerified

All 99 CDFIs in Louisiana