About Nizari

We do more than conduct business. We work closely with National Economic Planning Board, National Alliance of Financial Services, local councils and boards, and other sister institutions to provide financial services to our community; in addition to sponsoring many community events and programs.

Nizari PFCU is a member-owned financial institution founded in 1989 with over $340 million in assets today. We have locations in Sugar Land, Dallas, and Austin, and we serve members throughout the United States of America through more than 5,000 Shared Branches as well as online services.

Over 16,500 members have discovered the advantages of banking with Nizari.

Competitive rates on a variety of savings & loans
Committed staff at your service
By joining Nizari PFCU, not only do you benefit, but you’re also contributing towards the growth of your community’s financial institution.

Our Vision: Nizari PFCU envisions being the preferred financial institution of the Ismaili community.

Our Mission: To be a member-focused financial institution committed to providing a wide array of quality financial services to its members. To collaborate with community institutions and support the well-being of our Jamat.

Our Shared Values: Integrity, Knowledge, Collaborations, and Respect.

Quick Facts

Nizari is a Federal Credit Union
Its charter was granted in July 1989
Its normal functioning began from January 1990
Any person who is a Shia Imami Ismaili Muslim attending any of the Jamatkhanas located in the United States of America can apply to become a member of our credit union. Non Ismaili spouses, children, and current employees of the credit union are also eligible to apply.

It is regulated and supervised by the National Credit Union Administration and periodically examined by them
Members’ funds in Nizari are insured up to at least $ 250,000 by the National Credit Union Share Insurance Fund
Members: 17,451
Assets: $373.28 million
Members’ Shares: $303.57 million

Outstanding Loans: $262.67 million
Net Worth: $33.68 million
Last Dividend Paid: 0.2502% APY for balances $100,000 & under and 0.3003% APY for balances $100,000.01 & over
Offices currently located in Houston, Dallas, and Austin.
We serve Members not just in Texas, but also throughout the United States of America.

Updated as of March 31, 2024

Nizari is a Federal Credit Union
Its charter was granted in July 1989
Its normal functioning began from January 1990
Any person who is a Shia Imami Ismaili Muslim attending any of the Jamatkhanas located in the United States of America can apply to become a member of our credit union. Non Ismaili spouses, children, and current employees of the credit union are also eligible to apply.
It is regulated and supervised by the National Credit Union Administration and periodically examined by them
Members’ funds in Nizari are insured up to at least $ 250,000 by National Credit Union Share Insurance Fund
Members: 17,132
Assets: $359.05 million
Members’ Shares: $288.56 million
Outstanding Loans: $261.41 million
Net Worth: $32.59 million
Last Dividend Paid: 0.2502% APY for balances $100,000 & under and 0.3003% APY for balances $100,000.01 & over
Offices currently located in Houston, Dallas, and Austin.
We serve Members not just in Texas, but also throughout the United States of America.