Members of our financial family enjoy lower rates


As a not-for-profit credit union, Pelican is able to offer lower rates than many other financial institutions.

Check out our low rates and apply whenever you're ready!

Rates effective as of 12/01/2024. APY = Annual Percentage Yield





Term Dividend Rate APY2
6 Months 1.75 % 1.76 %
12 Months 1.75 % 1.76 %
15 Months 1.95 % 1.97 %
21 Months 2.05 % 2.07 %
24 Months 1.75 % 1.76 %
36 Months 2.00 % 2.02 %
48 Months 2.00 % 2.02 %
60 Months 2.00 % 2.02 %
APY = Annual Percentage Yield is accurate as of today and is subject to change at any time, without advance notice. Minimum opening balance $500.00. Rates are fixed for the term of the certificate, but may change after that. Certificates are established on the day the account is opened and funded. Once established, the current rate in effect is locked in for the term of the certificate. Funds may be wired in order to receive and lock in a rate once the account has been established. Deposits sent by mail will be subject to the date the certificate is funded, not the day it was opened. Withdrawal of dividends will reduce earnings. Early withdrawal penalties apply. Requests for early withdrawals must be provided in writing.
Term Dividend Rate APY
6 Months 1.75 % 1.76 %
12 Months 1.75 % 1.76 %
15 Months 1.95  % 1.97 %
21 Months 2.05  % 2.07 %
24 Months 1.75  % 1.76 %
36 Months 2.00 % 2.02 %
48 Months 2.00  % 2.02  %
60 Months 2.00 % 2.02 %

APY = Annual Percentage Yield is accurate as of today and is subject to change at any time, without advance notice. Minimum opening balance $10,000.00. Rates are fixed for the term of the certificate, but may change after that. Certificates are established on the day the account is opened and funded. Once established, the current rate in effect is locked in for the term of the certificate. Funds may be wired in order to receive and lock in a rate once the account has been established. Deposits sent by mail will be subject to the date the certificate is funded, not the day it was opened. Withdrawal of dividends will reduce earnings. Early withdrawal penalties apply. Requests for early withdrawals must be provided in writing.

Balance Dividend Rate APY
On balances up to $20,000 4.90% 5.01%
On balances over $20,000 2.00% 2.02%
All balances if qualifications not met 0.05% 0.05%
Kasasa Cash Qualifications — Complete the following transactions and activities each monthly qualification cycle: Be enrolled and receive FREE eStatement notice, be enrolled and log into online or mobile banking, have at least 15 check card purchases post and settle, and have at least 1 direct deposit, online bill payment, or automatic payment (ACH) post and settle. Rates may change after account is opened.
Balance Dividend Rate APY3
On balances up to $150,000 2.10% 2.12%
On balances over $150,000 1.00% 2.12% - 1.68%
All balances if qualifications not met 0.05% 0.05%
Kasasa Saver Qualifications — Complete the following transactions and activities each monthly qualification cycle in Kasasa Cash: Be enrolled and receive FREE eStatement notice, be enrolled and log into online or mobile banking, have at least 15 check card purchases post and settle, and have at least 1 direct deposit, online bill payment, or automatic payment (ACH) post and settle. Rates may change after account is opened.
Term Dividend Rate APY
24 Months 3.75 % 3.82 %
36 Months 3.75 % 3.82 %
48 Months 3.30 % 3.35 %
60 Months 3.10 % 3.14 %
Account Dividend Rate APY
IRA Share 2.00 % 2.02 %
Minimum opening balance $1,000.00. There could be a penalty imposed for early withdrawal. Rates are fixed for the term of the IRA, but may change after that.
 

Annual Percentage Yield (APY) is accurate as of today and is subject to change at any time, without advance notice. Certificates are established on the day applications are received and funded. Once established, the current rate in effect is locked-in for the term of the certificate. Funds may be wired in order to receive and lock-in a rate once the account has been established. Deposits sent by mail will be subject to the date the certificate is funded, not the day it was opened. Withdrawal of dividends will reduce earnings. Early withdrawal penalties apply. Requests for early withdrawals must be provided in writing.

Term Dividend Rate APY
24 Months 3.75% 3.82%
36 Months 3.75% 3.82%
48 Months 3.30% 3.35%
60 Months 3.10% 3.14%
Account Dividend Rate APY
IRA Share 2.00% 2.02%
 
Minimum opening balance $10,000.00. There could be a penalty imposed for early withdrawal. Rates are fixed for the term of the IRA, but may change after that.
 

Annual Percentage Yield (APY) is accurate as of today and is subject to change at any time, without advance notice. Certificates are established on the day applications are received and funded. Once established, the current rate in effect is locked-in for the term of the certificate. Funds may be wired in order to receive and lock-in a rate once the account has been established. Deposits sent by mail will be subject to the date the certificate is funded, not the day it was opened. Withdrawal of dividends will reduce earnings. Early withdrawal penalties apply. Requests for early withdrawals must be provided in writing.

Terms Dividend Rate APY
$100.01 - $5,000.00 0.25% 0.25%
$5,000.01 - $10,000.00  0.35% 0.35%
$10,000.01 - $20,000.00  0.45% 0.45%
$20,000.01 - $50,000.00  0.65% 0.65%
$50,000.01 - $100,000.00  0.85% 0.85%
$100,000.01 & Above  1.05% 1.05% 
 
Rates may change after account is opened.
Account Dividend Rate APY
Freedom Shares* 0.25% 0.25%
Christmas Club 0.25% 0.25%
Team Pelican 1.75 % 1.76 %
IRA Share 2.00 % 2.02 %
 
Rates may change after account is opened.
*$1,000.00 Minimum balance to earn dividends.
Terms Dividend Rate APY
$100.00 - $1,000.00 0.15% 0.15%
$1,000.01 - $10,000.00 0.20% 0.20%
$10,000.01 - $50,000.00 0.25% 0.25%
$50,000.01 & Above 0.30% 0.30%
 
Rates may change after account is opened.
Term Rates as low as APR as low as1 Sample Amount Est. Monthly Payment (Max Term)
0-6 months 9.99% 15.263% $1,000 $171.57
7-12 months 10.25% 11.196% $3,000 $264.15
13-24 months 11.49% 11.791% $5,000 $234.26
25-36 months 12.49% 12.698% $5,000 $167.28
37-48 months 12.74% 12.902% $5,000 $133.52
49-60 months 12.99% 13.034% $15,000 $341.30
61-72 months 14.49% 14.519% $20,000 $417.61
K-12 Private School Tuition Loans
Term Rates as low as APR as low as* Sample Amount Est. Monthly Payment (Max Term)
12 months 10.25% 13.11% $1,000 $88.05
 
*Rates shown above are the lowest offered by Pelican State Credit Union for the product and term listed. APR = Annual Percentage Rate. APR and estimated monthly payment calculated using sample amount listed (which includes a $15 document fee) and max term. Loan approval is based on certain credit criteria. Not everyone will qualify for rate or APR advertised. Loan rate, term, and monthly payment are determined by credit worthiness, collateral, and loan to value. Payment may vary based on credit protection products added to the loan. Not all applicants may be approved. 
Credit Card Type Purchase Rate Balance Transfer Rate Cash Advance Rate
Pelican Points as low as 14.75%* APR Same as purchase rate. Same as purchase rate.
Student Points as low as 14.75%* APR Same as purchase rate. Same as purchase rate.
Pelican Prime as low as 15.75%* APR Same as purchase rate. Same as purchase rate.
Pelican Pledge 12.75%* APR Same as purchase rate. Same as purchase rate.

*This APR will vary with the market based on the Prime Rate

See our Visa Disclosure(Opens in a new Window) for rates and additional information.
Credit Card Type Purchase Rate Balance Transfer Rate Cash Advance Rate
Business Share Pledge Visa 13.75% APR* 13.75% APR 13.75% APR
Business Visa Credit Card 16.75%-19.75% APR* 16.75%-19.75% APR 19.75%-22.75% APR

*See our Visa Disclosure(Opens in a new Window) for additional information.
Term Loan Amount Maximum Financing Rate APR*
15-year $15,000-$726,200 97% 6.375% 6.588%
20-year $15,000-$726,200 97% 6.500% 6.671%
30-year $15,000-$726,200 97% 6.875% 7.007%
 *Calculated based on a $300,000 loan amount at the term listed with 1% origination fee and $1,000 in closing fees.
 
APR = Annual Percentage Rate. Rates quoted are not locked in and are subject to change. Rates are not locked until a rate lock acknowledgment has been signed. Rates are based on certain assumptions. The annual percentage rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. Interest rates and APRs are based on current market rates and are for informational purposes only. Rates are subject to change without notice and APR (Annual Percentage Rate) calculations are based on certain assumptions related to closing costs and fees. Maximum loan limits and minimum equity/down payment requirements apply.
Autos
Term Rates as low as APR as low as* Sample Amount Est. Monthly Payment (Max Term)
0-48 months 6.19% 6.472% $10,000 $235.75
49-60 months 6.24% 6.393% $15,000 $291.71
61-66 months 6.39% 6.530% $15,000 $270.18
67-72 months 6.44% 6.517% $25,000 $419.60
73-84 months 6.60% 6.648% $35,000 $521.51
85-90 months 7.25% 7.285% $45,000 $649.78
Motorcycles
Term Rates as low as APR as low as* Sample Amount Est. Monthly Payment (Max Term)
0-48 months 9.04% 9.33% $10,000 $249.12
49-60 months 9.29% 9.45% $15,000 $313.60
61-72 months 9.54% 9.62% $25,000 $457.54
 
*Rates shown above are the lowest offered by Pelican State Credit Union for the product and term listed. APR = Annual Percentage Rate. APR and estimated monthly payment calculated using sample amount listed (which includes a $55 document fee) and max term. Loan approval is based on certain credit criteria. Not everyone will qualify for rate or APR advertised. Loan rate, term, and monthly payment are determined by credit worthiness, collateral, and loan to value. Payment may vary based on credit protection products added to the loan. Not all applicants may be approved.  
RVs
Term Rates as low as APR as low as* Sample Amount Est. Monthly Payment per $1,000 borrowed (Max Term)
0-48 months 7.75% 7.94% $15,000 $364.53
49-60 months 7.75% 7.91% $15,000 $302.44
61-72 months 7.75% 7.82% $30,000 $522.51
73-96 months 8.00% 8.03% $50,000 $707.09
97-120 months 8.50% 8.53% $50,000 $620.19
121-132 months+ 8.97% 8.99% $75,000 $896.24
133-144 months+ 9.22% 9.23% $75,000 $863.27

Boats
Term Rates as low as APR as low as* Sample Amount Est. Monthly Payment (Max Term)
0-48 months 7.75% 7.94% $15,000 $364.53
49-60 months 7.75% 7.91% $15,000 $302.44
61-72 months 7.75% 7.82% $30,000 $522.51
73-96 months 8.00% 8.03% $50,000 $707.09
97-120 months 8.50% 8.53% $50,000 $620.19
121-132 months+ 8.97% 8.99% $75,000 $896.24
133-144 months+ 9.22% 9.23% $75,000 $863.27
 
*Rates shown above are the lowest offered by Pelican State Credit Union for the product and term listed. APR = Annual Percentage Rate. APR and estimated monthly payment calculated using sample amount listed (which includes a $55 document fee) and max term. Loan approval is based on certain credit criteria. Not everyone will qualify for rate or APR advertised. Loan rate, term, and monthly payment are determined by credit worthiness, collateral, and loan to value. Payment may vary based on credit protection products added to the loan. Not all applicants may be approved.


1Rates shown above are the lowest offered by Pelican State Credit Union for the advertised product. Loan approval is based on certain credit criteria and credit worthiness. Not everyone will qualify for rate advertised. Loan rate and term are determined by income, credit worthiness, collateral, and loan to value. Not all applicants may be approved. Rates may change after account is opened.
²APY = Annual Percentage Yield is accurate as of today and is subject to change at any time, without advance notice. Minimum opening balance $500.00. Rates are fixed for the term of the certificate, but may change after that. Certificates are established on the day the account is opened and funded. Once established, the current rate in effect is locked in for the term of the certificate. Funds may be wired in order to receive and lock in a rate once the account has been established. Deposits sent by mail will be subject to the date the certificate is funded, not the day it was opened. Withdrawal of dividends will reduce earnings. Early withdrawal penalties apply. Requests for early withdrawals must be provided in writing.

3Balances up to $150,000 in the Kasasa Saver account receive an APY of 2.12% if required service qualifications in the Kasasa Cash or Cash Back account are met each monthly qualification cycle. Balances of $150,000.01 and above receive an APY of 1.68% on the portion of the balance above $150,000 if qualifications in the Kasasa Cash or Cash Back account are met each monthly qualification cycle. As a result, the APY for balances above $150,000 will range from 2.12% - 1.68% if qualifications in the Kasasa Cash or Cash Back account are met each monthly qualification cycle, depending on the balance in the account. If qualifications in the Kasasa Cash or Cash Back account are not met, the APY will be 0.05% on all balances in the Kasasa Saver account. Monthly qualification cycle = last day of the month to the second to the last day of the next month. Monthly statement cycle = first day of the month to the last day of the month. Pelican reserves the right to limit the number accounts allowed per account owner, joint or individually.