Nizari Progressive
Nizari Progressive is a credit union based in Sugar Land, Texas, established in 1989, with $494 million in total assets serving 19,114 members. By Trust Grade it ranks 260th of 379 credit unions we track in Texas. Its net worth ratio of 9.0% trails most similarly sized credit unions (15th percentile), versus a Texas median of 13.5%. It was profitable over the most recent period, with a 1.37% return on assets. No consumer complaints against Nizari Progressive appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Nizari Progressive compares to Texas peers
How we graded Nizari Progressive
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.0% capital ratio)
- Strongly profitable (ROA 1.37%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Nizari Progressive over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Nizari Progressive insured?
Yes. Nizari Progressive is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Nizari Progressive: frequently asked questions
Is Nizari Progressive a good credit union?
Nizari Progressive earns a Bankzia Trust Grade of B (87/100, "Strong"), based on a financial-strength score of 87/100 (it has no CFPB complaints on record). Well-capitalized (9.0% capital ratio); Strongly profitable (ROA 1.37%).
Is Nizari Progressive NCUA-insured?
Yes. Nizari Progressive is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Nizari Progressive?
Nizari Progressive holds $494 million in total assets, ranking 260th of 379 credit unions we track in Texas. It serves 19,114 members.
Does Nizari Progressive have CFPB complaints?
No CFPB complaints against Nizari Progressive appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
