Pelican State CU is Paying Highest Dividends on Checking Accounts in the State of Louisiana!
May 17, 2019
BATON ROUGE, LOUISIANA – On Monday, April 1, 2019, Pelican State Credit Union announced that qualifying members could now earn up to 5.01% APY* on their Kasasa Cash checking account—the highest rate offered in the state of Louisiana!
The decision to raise the rate further demonstrates the credit union’s commitment to give back to members and remain competitive with products and services offered.
“We paid $3.4 million in dividends in 2018,” explained Pelican CEO Jeffrey K. Conrad. “Now Pelican members can earn even more. This competitive rate is just one of the many ways that we are more than a credit union to our members—we’re their financial family for life.”
The potential to earn the highest dividends in the state isn’t the only benefit of the account—with no monthly maintenance fees, unlimited refunds on nationwide ATM fees, and no minimum balance to earn rewards*, Pelican is making it easy for members to get more with less red tape.
To learn more about Pelican’s Kasasa Cash checking account, stop by one of our 15 branches across the state or visit pelicanstatecu.com/five.
*Pelican State CU membership eligibility required. APY = Annual Percentage Yield. Requirements and restrictions apply. Visit pelicanstatecu.com/five for full disclosure. Federally insured by NCUA.
About Pelican State Credit Union
For over 60 years, Pelican State Credit Union has been providing financial services to individuals and their families throughout the state of Louisiana. The credit union is dedicated to improving the lives of its members through safe, competitive products and educational services. Pelican was originally chartered as the Department of Hospitals Credit Union, located in downtown Baton Rouge, to serve Louisiana charity hospitals, mental health centers and state office personnel. Pelican has since grown into the largest state-chartered credit union in Louisiana now serving over 50,000 members nationwide. For information, visit pelicanstatecu.com.