Credit union
Pelican Credit Union
Baton Rouge, Louisiana, East Baton Rouge Parish, LA
$885M in total assets and 90,892 members, the 523rd largest of 4,298 US credit unions and 6th of 136 headquartered in Louisiana.
- NCUA charter
- 62710
- Charter
- State chartered (LA)
- Chartered
- 1956
- NCUA insured since
- 1975
- Low-income designation
- Yes
At a glance
Compared with 24 federally insured credit unions in Louisiana with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $885M | 96% | $246M | |
| Loans | $746M | 98% | $158M | |
| Deposits (shares) | $797M | 96% | $200M | |
| Members | 90,892 | 98% | 17,968 | |
| Return on assets | -0.23% | 2% | 0.61% | |
| Net interest income to assets | 5.78% | 98% | 3.81% | |
| Efficiency ratio | 77.7% | 33% | 80.5% | |
| Net worth ratio | 8.23% | 2% | 12.78% | |
| Loans to shares | 94% | 71% | 86% | |
| Cost of deposits | 2.28% | 83% | 1.45% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 12.5% a year over 10 years and 8.5% a year over the last 5, including 9 mergers in the last 10 years. Membership grew 5.8% a year over 5 years, to 90,892.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Jul 2025 | Postal Credit Union Credit union, Baton Rouge, LA | $17M |
| May 2022 | Texaco of Houma Credit Union Credit union, Houma, LA | $3M |
| Dec 2021 | White Gold Credit Union Credit union, Raceland, LA | $418K |
| Jun 2021 | Firestone Lake Charles Federal Credit Union Credit union, Sulphur, LA | $13M |
| Apr 2020 | First Castle Federal Credit Union Credit union, Covington, LA | $69M |
| Oct 2018 | Lawilifie Credit Union Credit union, Baton Rouge, LA | $2M |
| Dec 2017 | St. Jules Credit Union Credit union, Lafayette, LA | $10M |
| Nov 2017 | St. Landry Parish Federal Credit Union Credit union, Opelousas, LA | $5M |
| Aug 2017 | East Feliciana Teachers Federal Credit Union Credit union, Clinton, LA | $265K |
| May 2016 | Monroe Credit Union Credit union, Monroe, LA | $3M |
| Sep 2014 | Louisiana Farm Bureau Credit Union Credit union, Baton Rouge, LA | $5M |
Where they operate
18 branches in 12 counties.
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| East Baton Rouge Parish, LA | 4 | 2.2% | 12 of 58 |
| Ouachita Parish, LA | 2 | 2.7% | 12 of 26 |
| Rapides Parish, LA | 2 | 2.7% | 11 of 29 |
| St. Tammany Parish, LA | 2 | 1.9% | 15 of 41 |
| Ascension Parish, LA | 1 | 3.2% | 7 of 20 |
| Calcasieu Parish, LA | 1 | 1.1% | 20 of 30 |
| East Feliciana Parish, LA | 1 | 12.5% | 3 of 5 |
| Lafayette Parish, LA | 1 | 0.8% | 29 of 47 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 12 | |
| 2017 | 13 | +1 |
| 2018 | 17 | +4 |
| 2019 | 16 | −1 |
| 2020 | 16 | 0 |
| 2021 | 16 | 0 |
| 2022 | 18 | +2 |
| 2023 | 18 | 0 |
| 2024 | 19 | +1 |
| 2025 | 20 | +1 |
| Jun 2026 | 18 | −2 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 1.54% | 0.88% |
| Net worth ratio | 8.23% | 12.78% |
| Loans to shares | 94% | 86% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Louisiana
Most branches in East Baton Rouge Parish, LA
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.