NIZARI PROGRESSIVE Credit Union Profile
Showing details for NIZARI PROGRESSIVE Credit Union.
Credit Union Profile for: NIZARI PROGRESSIVE
NIZARI PROGRESSIVE
Headquarters Contact & Staff
Contact & Info
Phone: (281) 921-8520
Fax: (281) 921-8555
Founding Date: N/A
Website: http://www.nizaricu.org
Personnel & Operations
President: Ali, Naveed
Manager: Jamal, Malik
FT Employees: 70
PT Employees: 1
Designations & Ratios
MDI Status: No
RBC Ratio: 0%
Membership Type: 01
Branches: 6
Hours: 8:45 am to 5:15 pm
Credit Union Profile Summary
NIZARI PROGRESSIVE is a FCU Credit Union. With a total of 18,200 members [1], this institution manages approximately $448,560,567 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 8.9% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 11.55% [1].
Financial Snapshot
Performance Ratios
This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.
Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.
Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.
Four-Quarter Growth
Indicates change in total size. Positive growth means the credit union is expanding its operations.
Shows change in lending activity. Positive growth means they are actively increasing their lending business.
Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.
Headquarters Location & Map
Member Ratings & Reviews
Average Member Rating:
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Branch Locations
Found 4 branches reported by NIZARI PROGRESSIVE (Charter #24384).
Main Office
Nizari Progressive Federal Credit Union Main Office
14090 Southwest Fwy Ste 260
Sugar Land, TX 77478-3678
Phone: (281) 921-8520
Services: Member Services
Additional Branches
Austin
Austin
12730 Research Blvd
Austin, TX 78759
Phone: (512) 450-1401
Services: Member Services, Drive-Thru
Carrollton
Dallas Office
3564 North Josey LN
Carrollton, TX 75007
Phone: (972) 808-7688
Services: Member Services
Sugar Land
Sugar Land
11770 University Blvd
Sugar Land, TX 77478
Phone: (281) 921-8500
Services: Member Services, ATM, Drive-Thru