The White Raccoon
Most wild caught animals are not albino (completely without pigment--discussed below) but leucistic (greatly reduced pigment). If you look at examples of pale raccoons they often have a faint mask, or an all over orange tint.
Prominent phonograph retailer Zimmerman reports that the15-pound white raccoon (Procyon lotor) shown below was captured in the town of Peru, Indiana. Many other pictures of this phenomenon are more recent. Low pigment is a recessive gene, so there are probably more white raccoon around now as fragmented environments lead to increased inbreeding.
Raccoons that are paler than usual but still have some pigment or other normal raccoon markings are often referred to as "blonde raccoons". This is simply a particular expression of leucism.
A smaller proportion of pallid raccoons are true albinos, with no pigment--this is shown by having a pure white coat and pink eyes, as shown below.
Full albinism has been shown to occur as a recessive trait in raccoons due to two different mutations.