Get affordable financing for what you need without the hassle.1
Personal Loans
Our personal loans are just that—personal. Unsecured loans can be used for vacations, school expenses, extra cash, emergencies or anything you need!
- Low rates based on credit worthiness
- Local decision-making
- No collateral necessary
- Flexible repayment terms
- Personalized service at every step
- Use for tax payment, holiday expenses, back to school, bill consolidation, and more
Check out our current rates to learn more!
Debt Consolidation Loans
Give yourself a break from constant financial woes—an affordable debt consolidation loan from Pelican can put you on the path to being debt-free.
- Save money by combining multiple loans into one payment
- Simplify your monthly budget with just one payment to make every month
- Loan amounts tailored to your personal situation
- Lower rate helps pay off debts sooner
- Streamlined process
- One local relationship for easier debt management
Apply for a Debt Consolidation Loan
Share Pledge Loans
Use your savings account to secure a loan with Pelican. Share Pledge Loans can establish or repair credit, helping you hit your financial goals.3 View the complete list of benefits for Share Pledge Loans.
Personal Line of Credit
This loan type gives you access to a revolving line of credit. Get started with a simple signature! Limits range from $1,000 all the way up to $10,000. View the complete list of benefits for a line of credit.
Get started with just your signature.
Personal loans are also known as "Signature Loans," because loans are secured by a member's signature. Unlike a home or auto loan, there's no collateral at stake when you secure a personal loan.
Use your Signature Loan to make headway on major payments, with no maximum loan amount. Just sign the dotted line and get the funds you need to facilitate life's next logical step.
- Our lowest loan rates
- No application fee
- Fast and easy to get approved
- Use your Freedom Share funds as collateral
- Get access to funds without depleting savings
- Keep earning dividends on your accounts
- Helps to establish or repair credit
Personal Line of Credit Benefits
- Low, variable rates based on credit worthiness
- No collateral needed
- Use funds as needed
- Only pay interest on portion you use
- Re-access without re-applying
- Wide variety of loan limits from $1,000 to $10,000
Over 750,000 Louisiana residents qualify for membership.
Are you one of them? All you have to do is meet just ONE of the following criteria!
You work for (or are retired from) one of our hundreds of Partners.
You live in one of the following parishes:
Acadia, Ascension, Assumption, East Baton Rouge, East Feliciana, Evangeline, Iberia, Iberville, Lafayette, Livingston, Point Coupee, Rapides, St. Martin, St. Mary, St. Helena, St. Landry, St. Tammany, Vermilion, West Baton Rouge, or West Feliciana
You are a Pelican CU employee.
You also qualify for membership if your immediate family member meets any of the criteria above!
1Pelican CU membership required to close a loan with Pelican. If you are not a Pelican member, you must be eligible to open a Primary Share account with Pelican to become one. The deposit to open a Primary Share account starts at a minimum of $15 ($10 to join + $5 minimum balance). Credit approval is based on certain credit criteria and credit worthiness. Not everyone will qualify. Restrictions apply. See a Pelican representative for details.
3There is no guarantee that your credit score will improve with secured lines of credit.