Personal Accounts We designed our products & services with YOU in mind!

Each member of Pelican has a Regular Shares Account. It is the core of your membership and represents your ownership of the credit union.

• $10.00 Minimum opening deposit or must have payroll deduction ($5.00 Membership Fee & $5.00 Minimum balance requirement)
• Low minimum account balance of $5.00
• Quarterly dividends with tiered rates
• Average daily account balance of $100.01 or greater required to earn dividends
• 3 FREE withdrawals per month ($5 for each additional withdrawal)
• May be used as overdraft protection to a checking account

*Dividends are forfeited if account is closed prior to payment.

This account was designed for members who are interested in reducing their tax burden. It pays low dividends, which means less money you will have to claim on your income taxes.

• $1,000 Minimum opening deposit
• Minimum balance of $1,000 to earn dividends
• Low dividends paid quarterly
• Variable rate
• 3 FREE withdrawals per month ($5.00 for each additional withdrawal)
• May be used as overdraft protection for a checking account

*Dividends are forfeited if account is closed prior to payment.

Saving up for something big? The High Yield Shares Account pays high, market - competitive dividends each month on balances of $20,000 or greater.

• $1,000 Minimum opening deposit
• Monthly dividends with tiered rates
• Dividends paid on average daily balances of $20,000 or greater
• Minimum average account balance of $1,000
• 1 FREE withdrawal per month ($50.00 for each additional withdrawal)
• May be used as overdraft protection to a checking account

*Dividends are forfeited if account is closed prior to payment.

Financial experts estimate that we will be responsible for 60% of our retirement income. An IRA Shares Account is a great ‘starter IRA’ to help you begin preparing for your future.

• $100 Minimum opening deposit or must have payroll deduction
• Coverdell (Educational), Roth, and Traditional IRA Shares available
• Quarterly dividends with a variable rate
• $100.01 Average Balance Required to Earn Dividends
• Several contribution options available

*Dividends are forfeited if account is closed prior to payment. Up to a 90 Day penalty of dividends for a partial withdrawal. See Individual Retirement Accounts in the CD/IRA product section of this website for details on IRA opening and contribution restrictions.

A Christmas Club Account is a great way to save all year for next holiday season. When you account matures, you’ll receive your funds just in time for Christmas shopping.

• No minimum opening deposit
• No minimum balance required to earn dividends
• Dividends paid at account maturity and based on average daily balance
• No withdrawals are permitted
• Payout will be issued in the first week of November by electronic transfer or paper check
• You may elect to have your funds stay in the Christmas Club for the next year

*Dividends are forfeited if account is closed prior to payment. At least $10.00 must be available in the account at maturity to receive paper check by mail. If you wish to access the funds in your Christmas Club accounts, at any other time, we may impose a fee.

Save for the vacation of your dreams!

• No minimum opening deposit
• No minimum balance required to earn dividends
• Dividends paid quarterly and based on average daily balance
• Variable rate
• 3 FREE withdrawals per month ($5.00 for each additional withdrawal)
• Use your savings to take a vacation whenever you want - any time of year!

*Dividends are forfeited if account is closed prior to payment.