Sep, 30, 2025 — PELICAN STATE CREDIT UNION is a federally insured state chartered credit union headquartered in BATON ROUGE, LA with 20 branch locations and about $819.66 million in total assets. Opened 70 years ago in 1956, PELICAN STATE CREDIT UNION has about 85,358 members and employs 343 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PELICAN STATE CREDIT UNION |
|---|---|
| Address: (Main Office) | 2675 ONeal Ln BATON ROUGE, LA 70816-3124 |
| Phone: | (225) 408-6100 |
| Fax: | |
| Website: | https://www.pelicanstatecu.com |
| Branches: | 20 branch locations |
| Members: | 85,358 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62710 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $819,660,982 |
| CEO/Manager: | Jeffrey Conrad |
| Chairperson: | David Gill |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 40,420,986 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 145,879,768 |
| Unsecured Loans | 165,216,587 |
| Other Loans | 373,195,860 |
| TOTAL LOANS | 688,234,810 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,666,890 |
| Land And Building | 33,325,574 |
| Other Fixed Assets | 6,377,172 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 6,090,023 |
| All Other Assets | 507,979 |
| TOTAL ASSETS | 819,660,982 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,793,984 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 9,727,405 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 123,025,763 |
| Regular shares | 225,497,344 |
| All Other Shares & Deposits | 382,943,574 |
| TOTAL SHARES & DEPOSITS | 731,466,680 |
| TOTAL LIABILITIES | 742,988,069 |
| Regular Reserve | 0 |
| Other Reserves | 8,173,273 |
| Undivided Earnings | 68,499,640 |
| TOTAL EQUITY | 76,672,913 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 819,660,982 |
| INCOME & EXPENSE | |
| Loan Income | 44,558,506 |
| Investment Income | 1,086,537 |
| Other Income | 14,692,533 |
| Total Employee Compensation & Benefits | 23,586,614 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 23,559,201 |
| Non-operating Income & (Expense) | 499,031 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,412,369 |
| Cost of Funds | 13,133,350 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,157,253 |
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