Let’s face it—none of us are made of money. We don’t have a money tree in the back yard that we can simply go pick from when we’d like to buy something. While those things would be really cool, the reality is that we have budgets to stick to and have to carefully plan for life’s expenses. We all eventually …
How Do Medical Collections Affect Your Credit?
Have you ever been billed for medical issues and didn’t have the means to pay the bill at the time, causing the bill to go into collections? Situations like these are very common and could cause a domino effect of problems. Medical expenses are often unexpected, which makes them much more difficult to manage than, for example, a car loan. …
How Do Credit Unions Use Profits?
Credit unions are not-for-profit entities. This means that all money that is earned is not distributed to stockholders; it’s instead invested back to the organization’s initiatives and members, or owners! Every individual that uses a credit union’s services owns a “share” in the company. In other words, credit unions are owned by their members. The business structure of a credit …
Day in the Life of a Pelican Business Loan Processor: Kendal Fryhling
Pelican’s Business Services Department talks with both current and potential business members to identify any needs, wants, and challenges they may have when owning a business. They help by providing businesses with account products, lending solutions, and other services needed to maximize their business’ opportunities to achieve success. Kendal Fryhling has been working at Pelican for over five years, and …
Pelican Member Story: Frances Melanson
It’s no secret that Pelican loves to go above and beyond for its members! Frances Melanson, a member of Pelican and nearby resident of our Prairieville Branch, shares all of the wonderful experiences she has had during her time as a Pelican member. From the Member: How long have you been a member with Pelican? Not long enough! There’s never …
The Best Fishing Spots in Louisiana: Sportsman’s Paradise
If you ask Louisianans to name THE number one thing that separates their home state from all others, you’re going to spark a heated debate. The Cajun food, the hospitality, the beautiful scenery; how can you pick among so many great qualities? If there were one thing that is widely agreed upon that sets Louisiana apart, it would be that …