Charter 24384 · Sugar Land, TX
Nizari Progressive Federal Credit Union
Nizari Progressive Federal Credit Union is a federally chartered credit union in Sugar Land, Texas, with $505 million in assets and 19,403 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 9.17%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $505 million
- +12.5% in a year
- Members
- 19,403
- +6.6% in a year
- Net worth ratio
- 9.17%
- Peer median 10.79%
- Loans 60+ days late
- 0.16%
- Peer median 0.67%
- Loans outstanding
- $348 million
- +13.3% in a year
- Shares and deposits
- $440 million
- +15.4% in a year
- Branches
- 6
- 76 employees
- Opened
- 1989
- Federal charter
How Nizari Progressive Federal Credit Union compares
NCUA groups credit unions by size; Nizari Progressive Federal Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 9.17% is lower than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.16%, is lower than the group median of 0.67%. Loans grew 13.3% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 64 of 380 credit unions headquartered in Texas. See all Texas credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $505 million | 19,403 | $348 million | 9.17% | 0.16% |
| Q1 2026 | $494 million | 19,114 | $339 million | 9.01% | 0.26% |
| Q4 2025 | $488 million | 18,760 | $328 million | 8.78% | 0.47% |
| Q3 2025 | $471 million | 18,537 | $318 million | 8.77% | 0.28% |
| Q2 2025 | $449 million | 18,200 | $307 million | 8.90% | 0.31% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 100,000 potential members. It is designated a minority depository institution.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 6 sites for Nizari Progressive Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Nizari Progressive Federal Credit Union (main office)
14090 Southwest Fwy Ste 260, Sugar Land, TX 77478 - Sugar Land
11770 University Blvd, Sugar Land, TX 77478 - Dallas Office
3564 North Josey Ln, Carrollton, TX 75007 - Austin
12730 Research Blvd, Austin, TX 78759 - San Antonio
2415 E Evans Rd Ste 101, San Antonio, TX 78259 - Austin South Branch
8801 Research Blvd, Austin, TX 78758
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology