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.
On January 22, 2015, the ASI Nominating Committee met to review all qualifying applications of persons interested in seeking election to the ASI Board of Directors. Nominating Committee Chairman Thad Angelle, CEO of MCT Credit Union (TX), reported that the following individuals were placed in nomination for the two open positions on the ASI Board:
► Elizabeth A. Calderone, President/CEO, Earthmover Credit Union (IL)
► Michael L. Mastro, President/CEO, Firefighters First Credit Union (CA)
The election of directors will occur at ASI’s Annual Meeting of Participating Credit Unions on April 22, 2015 at ASI’s headquarters in Dublin, Ohio.