operates as the holding company for Pelican National Bank, a service community bank operating primarily in Naples, San Carlos, Bonita Springs, and Fort Myers in Florida in the United States.
The bank’s services include accepting time and demand deposits from the general public and, together with other funds, using the proceeds to originate secured and unsecured commercial and consumer loans, finance commercial transactions, and provide construction and mortgage loans, as well as home equity and personal lines of credit.
It also offers services, such as the sale of money orders, traveler’s checks, cashier’s checks, savings bonds, wire transfer and direct deposit services, and safe deposit boxes.
The bank invests in U.
S. government agencies, Federal Reserve Bank and FHLB stock, and mortgage-backed securities.
Pelican Financial was incorporated in 1997 and is based in Ann Arbor, Michigan.
