Pelican Credit Union
Baton Rouge, LA·Charter 62710·cu:62710·CCULR opted in
- #6 of 136Total assets in Louisiana
- 90.9Kmembers
- Top 1%Net interest margin vs. peers
- Top 1%Fee income vs. peers
- Top 4%Member growth in the U.S.
Performance over time
7 available quarters · Gaps indicate missing data · Reported period-end total assets; consolidated for FFIEC 031.
Inside the balance sheet
Credit union · Shares of reported gross loans. Missing components are not treated as zero.
What stands out at Pelican Credit Union
8 of 23 FORFI signals stand out against 569 similar credit unions, based on NCUA data for the quarter.
Fee and other noninterest income among the highest of similar credit unionsStrength: Earnings 2nd quarter4.15%peers 1.17%+298 bps
Pelican Credit Union's noninterest income relative to average assets was 4.15%, compared with a median of 1.17% among 566 similar credit unions: higher than 99% of them.
| This institution | Peer median | Difference |
|---|---|---|
| Noninterest income relative to average assets | ||
| 4.15% | 1.17% | +298 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Pelican Credit Union itself is left out of every peer median and percentile. How signals work
Membership growing faster than peersStrength: Membership 2nd quarter+10.7%peers +0.5%+10.2 pp
Pelican Credit Union's membership grew 10.7% over the past year. The median among 563 similar credit unions was +0.5%.
| This institution | Peer median | Difference |
|---|---|---|
| Membership, 12-month growth | ||
| +10.7% | +0.5% | +10.2 pp |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Pelican Credit Union itself is left out of every peer median and percentile. How signals work
Share and deposit costs among the highest of similar credit unionsWorth a look: Funding 2nd quarter2.40%peers 1.45%+96 bps
Pelican Credit Union's cost of all shares and deposits was 2.40%, compared with a median of 1.45% among 566 similar credit unions: higher than 97% of them.
| This institution | Peer median | Difference |
|---|---|---|
| Cost of all shares and deposits | ||
| 2.40% | 1.45% | +96 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Pelican Credit Union itself is left out of every peer median and percentile. How signals work
Net worth ratio falling while the peer median risesWorth a look: Capital 2nd quarter8.23%peers 11.04%-2.8 pp
Pelican Credit Union's net worth ratio fell 0.7 percentage points over the past year to 8.23%. Among 563 similar credit unions, the median rose 0.3 percentage points.
| This institution | Peer median | Difference |
|---|---|---|
| Net worth ratio | ||
| 8.23% | 11.04% | -2.8 pp |
| 12-month change | ||
| -0.7 pp | +0.3 pp | -1.0 pp |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Pelican Credit Union itself is left out of every peer median and percentile. How signals work
Net charge-offs falling faster than peersStrength: Asset quality1.94%peers 0.38%+156 bps
Pelican Credit Union's annualized net charge-off rate fell 54 bps over the past year to 1.94%. Among 561 similar credit unions, the median fell 2 bps.
| This institution | Peer median | Difference |
|---|---|---|
| Annualized net charge-off rate | ||
| 1.94% | 0.38% | +156 bps |
| 12-month change | ||
| -54 bps | -2 bps | -52 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Pelican Credit Union itself is left out of every peer median and percentile. How signals work
3 more observations
- Shares and deposits growing faster than peersFunding
- Borrowed funding falling while the peer median holds steadyFunding
- Reliance on share certificates falling while the peer median risesFunding
Key facts
- Pelican Credit Union is a state-chartered credit union headquartered in Baton Rouge, Louisiana. It reported $885 million in total assets for the quarter ended June 30, 2026.
- Shares and deposits totaled $797 million, up 13.5% from a year earlier, and loans totaled $746 million, up 9.8%.
- Its net interest margin on average assets was 5.81% and its annualized return on assets was -0.03% for the quarter.
- Its cost of all shares and deposits was 2.40%, compared with a median of 1.45% among 566 similar credit unions with $300 million to $1 billion in assets.
- It served 90,892 members, up 10.7% from a year earlier.
Scorecard against peers
Capitalization
Liquidity & funding
Margin & yield
Income & expense
Asset quality
Charge-offs & allowance
Arrows show whether the value sits above or below the peer median. Colour shows whether that side is favourable for the measure: green favourable, red unfavourable, grey where neither side is (for example, a lower loan-to-core-deposit ratio is favourable, so a negative gap is green). Peer medians cover the same source, form, period, institution type and asset band, and count this institution in its own cohort. The peer line on every chart reads the same cohort. Regulatory definitions differ from FORFI quarterly estimates.
Watch items
Screening prompts computed from this filing only. Thresholds follow common review conventions and interagency concentration references; they are not supervisory ratings or predictions.
Public filings show what changed. Internal data shows why.
With Pelican Credit Union's own data, FORFI would look at: Which relationships and products drive the change in earnings, and where pricing has drifted.
Analysis workspaces
Sources and identifiers
- Institution
- Pelican Credit Union · Credit union
- NCUA charter
- 62710
- Reporting period
- Peer group
- 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Pelican Credit Union itself is left out of every peer median and percentile.
Figures are FORFI calculations from public regulatory filings, shown as reported. Signals are descriptive screening rules, not supervisory ratings, credit opinions or forecasts. Methodology
Income & calculation basis
NCUA · 2026-04-01 through 2026-06-30 · Annualization factor 4.010989 applies to ROA and margin only.
| Measure | FORFI calculation |
|---|---|
| -$56.13K | |
| $17.17M | |
| $4.76M | |
| $12.41M | |
| $8.85M | |
| $17.37M | |
| $3.94M | |
| $3.94M | |
| -0.03% | |
| 5.81% | |
| 81.74% |
How to interpret differences
Flows cover the selected income window. Balance-sheet amounts, members and staffing are as of the filing date.
Published FDIC references use the regulator's own averaging, annualization and adjustments; the convention selector changes FORFI calculations only. Source-provided averages are used when available; endpoint fallbacks are labeled estimates.
Missing inputs remain unavailable. Credit-union margins use average assets and are not comparable with bank margins over earning assets.
AFS + HTM securities exclude deposits at other institutions. Broader investment totals may overlap cash; do not add them to cash without reconciling components.
Regulatory source definitionsFiling imported 2026-09-16T13:43:41.229347+00:00. Separate reference provenance is included in the export.