American Share Insurance (ASI) provides primary and excess share (deposit) insurance exclusively to credit unions. We’re a member-owned, share guaranty corporation proud to be the nation‘s largest non-federal insurer of credit union deposits.
Through our primary share and excess share insurance programs, we help credit unions carry out their mission. Learn what makes our insurance unique, then meet the industry leaders who have helped us serve the credit union industry.
Credit unions offer their members a wealth of advantages and are a popular alternative to traditional banks. Learn how ASI insures the deposits of credit union members.
Members of credit unions insured by American Share Insurance can take great comfort in knowing that their savings are safe, sound and protected by a well-capitalized insurance fund.
It is very natural for credit union members to ask questions about the safety of their savings. In response, ASI offers the following regarding its deposit insurance programs. Most importantly, members' deposits in an ASI primary insured credit union are insured to $250,000 per individual account, no matter how many accounts they have with the credit union.
ASI is pleased to welcome Eastex Credit Union as the next Texas-based member of its primary deposit insurance fund effective September 1, 2015. ASI now insures all deposits and shares at the $69M asset credit union following the completion of its successful member vote/conversion process.
ASI OFFICES CLOSED ON LABOR DAY: In observance of the Labor Day holiday, ASI offices will be closed on Monday, September 7th. Normal office hours will resume on Tuesday, September 8th.