BATON ROUGE, LOUISIANA – "I didn't know you did that!" That’s a phrase regularly heard in the credit union industry, and it's no surprise—there are a lot of myths out there about credit unions!

In an effort to help educate the community, Pelican State CU wrote and released a 28-page eBook detailing 22 credit union myths and the facts that disprove them.

There are numerous myths out there, including misconceptions that credit unions:

• Have fewer locations than banks

• Aren’t regulated by the government

• Don’t pay any taxes

• Only offer savings accounts

• Don’t protect your information like banks do

Ready for these myths to be busted? Check out https://pelicanstateofmind.com/CreditUnionMyths to download and read the eBook!

This eBook can be found on Pelican State of Mind, the official blog of Pelican State Credit Union. Started in 2016, the blog focuses on family, fun and finance in our Louisiana communities. The blog is read by thousands of visitors each month, and Pelican releases new blog posts each week. Learn more about Pelican State of Mind by clicking here.

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. In addition to being the largest state-charted credit union in Louisiana, Pelican is also dedicated to improving the lives of its 50,000+ members through safe, competitive products and educational services. The credit union is known for its family-like atmosphere and culture in the workplace. For more information on what life at Pelican is like, visit pelicanstatecu.com/careers.

To learn more about Pelican’s family, fun and finance blog Pelican State of Mind, visit pelicanstateofmind.com.