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 $410 million in assets today. We have locations in Sugar Land, Dallas, Austin, and San Antonio we serve members throughout the United States of America through more than 5,000 Shared Branches as well as online services.

Over 18,000 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: 18,083
Assets: $411.84 million
Members’ Shares: $339.72 million

Outstanding Loans: $282.32 million
Net Worth: $35.89 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, Austin, and San Antonio.
We serve Members not just in Texas, but also throughout the United States of America.

Updated as of September 30, 2024

Testimonials

“Let me start off by saying I have always been a huge proponent of NPFCU. My family has been banking here as for as long as I can remember and the interest rates and free accounts (including free checks!) simply can’t be beat but that’s not the best part. Unlike other banks and credit unions, Nizari truly cares about its members and offers a lot more flexibility in meeting their needs. One time I accidentally deposited funds into the wrong account which could have resulted in damage to my credit score because of late payment, but Nizari called me and asked for my permission to transfer the funds over the phone. What big bank can offer that level of personalized service? Also, the new state of the art website is fantastic!”

Shamez Pirani Nizari PFCU Member
I just wanted to give my sincere gratitude to you and the team in the Dallas branch specially Nafisa and Shehzad regarding the handling of my application. I was always a Nizari customer but the experience during this transaction has made me the customer for life. I know I am a little late in writing that but I really feel that I need to acknowledge the customer service and handling of you and your team here in Dallas Branch. Thank you

Salman Ali Nizari PFCU Members
Elvia -It has been a pleasure to work with you and I thank you for such great teamwork on this mortgage transaction. ... It was seamless!

Rubina Nizari PFCU Member
Hi Sairoz. Thanks a lot for the kind words. Working with Nizari is always a pleasure. I always recommend to my friends and family (most recently my Dad) to use Nizari for the speed, ease, and convenience. Keep up the good work! Thanks for everything to both you and Yaseen!

Farid Aliji Nizari PFCU Member
Dear Shehzad, Ya Ali Madad. I apologize I did not get a chance to connect sooner. I wanted to take a quick moment to thank you for your help and support through my automobile loan process. Everything went well, and we were able to purchase the car without any issues. My whole experience working with your team, especially the underwriting portion was very smooth and seamless. I look forward to working with you in the future and will definitely spread the word among my friends and family as well. Again, thank you for the wonderful experience! Kind regards

Shezad Esmail Nizari PFCU Member

I have had the pleasure of working with Shamsa Hakani on my loan application. She has been extremely helpful and provided me with exceptional service at every step of the way. In particular, in view of the fact that my application required exceptions to be made by the Credit Union, her guidance and support were valuable. I strongly recommend her for her strong dedication and customer-focused service.

Inayatali Ibrahim Nizari PFCU Member

It was very convenient and Saherej was very helpful, if I need to give her a rating out of 10 I will give her 10/10.

RAFIQ MOMIN Nizari PFCU Member
I wanted to thank Kiran and her team for helping me secure a home mortgage. It's a tough process that takes lots of time and effort, which is why you need a trustworthy lender like Nizari to guide you through it. I appreciate their speed and communication and I'm thankful that they helped me with my dream home!

Sadruddin P Nizari PFCU Member
Narmin assisted me with getting my vehicle refinanced. She was able to get me a competitive rate and saw through the process of my loan approval from start to finish. Due to a reporting error on my part, Narmin, in fact, had to redo the loan application process. She did that without any complaints or making me feel guilty for my mistake. She was readily available to talk to whenever I needed her. She was knowledgeable and informative. I am thankful to her for her assistance and expertise.

Naaz Malek Nizari PFCU Member

Kiran was really very knowledgeable right from the beginning in getting my pre-approval till closing. I called her many times and texted her but she was always calm and never got annoyed with my calls or text even if I asked her the same thing many times. She really worked hard and tried her best to always give us great customer service. She really went beyond to get my loan approved me and my family will always thank her for her support and for working with us to fulfill our dreams. Thanks once again Kiran you are the best and you deserve 5 rating stars thanks a lot.

Hasnuddin Lakhani Nizari PFCU Member

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: 17,724
Assets: $380.54 million
Members’ Shares: $309.50 million
Outstanding Loans: $275.19 million
Net Worth: $34.75 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, Austin, and San Antonio .
We serve Members not just in Texas, but also throughout the United States of America.