Pelican State Credit Union in Louisiana vs the state
18.4%Denial rate-3.73 pts vs state
22.4%Decision denial rate-5.72 pts vs state
59.4%Origination rate+7.41 pts vs state
8.50%Median rate+1.88 pts vs state
2.70Rate spread (pts)+2.34 pts vs state
$93kMedian applicant income
190Loans originated
59Denied
Trend in Louisiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 197 | 133 | 28.4% | 9.25% | #104 |
| 2024 | 237 | 164 | 26.6% | 9.25% | #86 |
| 2025 | 320 | 190 | 18.4% | 8.50% | #87 |
What Pelican State Credit Union lends in Louisiana
By loan purpose
By loan type
Why it denied Louisiana applicants
Where in Louisiana
Counties with the most Pelican State Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| East Baton Rouge Parish | 67 | 33 | 19 | 28.4% |
| Livingston Parish | 50 | 37 | 5 | 10.0% |
| Ascension Parish | 21 | 14 | 3 | 14.3% |
| St. Tammany Parish | 19 | 8 | 6 | 31.6% |
| St. Landry Parish | 19 | 12 | 4 | 21.1% |
| Lafayette Parish | 17 | 11 | 2 | 11.8% |
| Calcasieu Parish | 15 | 10 | 2 | 13.3% |
| Rapides Parish | 15 | 11 | 0 | 0.0% |
| Tangipahoa Parish | 12 | 7 | 3 | 25.0% |
| Terrebonne Parish | 9 | 4 | 3 | 33.3% |
Other large lenders in Louisiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| 21st Mortgage | F | 7,057 | 49.0% | 10.10% |
| United Shore Financial Services | B | 6,264 | 13.1% | 6.38% |
| Rocket Mortgage | C | 5,770 | 25.9% | 6.63% |
| Vanderbilt Mortgage and Finance | F | 4,370 | 45.6% | 10.50% |
| Triad Financial Services | D | 3,867 | 49.7% | 8.73% |
| Hancock Whitney Bank | B | 3,536 | 21.7% | 6.00% |
| Regions Bank | C | 3,356 | 45.8% | 6.00% |
| GMFS | A | 3,072 | 2.0% | 6.50% |
| Newrez | D | 2,664 | 21.1% | 6.50% |
| Dsld Mortgage | A | 2,545 | 6.3% | 6.13% |
Frequently asked questions
Louisiana: 320 applications in 2025, of which 190 were originated and 59 denied.
18.4% of all applications, or 22.4% of the applications it actually decided on. The Louisiana statewide average across all lenders was 22.2%.
The median rate on loans Pelican State Credit Union originated in Louisiana in 2025 was 8.50%, against a statewide median of 6.63%.
About this data. Figures are Pelican State Credit Union's own HMDA filing for properties located in Louisiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology