Deciding between renting or owning

Renting vs Owning: What’s Best for You?

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 …

Example of how credit unions use profits

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 …

Woman Holding Baby in Hospital Room

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 …

Credit Union Myths Busted eBook Cover

22 Credit Union Myths—Busted! | Free eBook

One statement we continually hear after talking to new members is, “I didn’t think that y’all did that!” We started to dig into why we heard that so much, and the answer was clear—there are way too many myths about credit unions out there! We searched for the most popular misconceptions about credit unions, and what we found surprised us. …