JAFARI NO-INTEREST CREDIT UNION

Credit unions are not-for-profit organizations that exist to serve their members. Like banks, credit unions accept deposits, make loans and provide a wide array of other financial services. Member deposits are insured by NCUA, a US federal agency, for up to $250,000. Credit unions provide a safe place to save and borrow... In early 2016, Jafari No-Interest Credit Union received Texas Credit Union Department and National Credit Union Administration approval and started operations. JNICU, based in Houston, Texas, was created and supported by the Jafari community... Insha'Allah, we intend to add more Jafari centers in Texas and in states like Florida and Michigan. In the near future, we plan on expanding our offerings to include no-interest loans for small business and college tuition, small loans for community members in financial hardship to avoid high interest payday/title loans, and leasing for cars and equipment.

Also known as: Jafari

Primary location: Houston United States