American Share Insurance (ASI)

ASI provides primary share insurance for credit unions that covers more than 1.35 million members in Alabama, California, Idaho, Illinois, Indiana, Maryland, Montana, Nevada, Ohio, and Texas. 

ASI’s protection is per account, not per member, with no limit to the number of individual member accounts that can be insured, meaning much more of your members’ deposits can be insured. Our per-account coverage allows members to keep more of their deposits in one institution – making your credit union a stronger option to be their primary financial service provider. It’s a level of coverage that banks simply cannot offer.

Rather than a “one-size-fits-all” approach, ASI works with their member credit unions and state regulators to develop flexible programs that focus on meeting consumer needs and sustaining charters. 

For more information on how ASI can benefit your credit union, please contact ASI at 800-521-6342.