The nation’s largest provider of private share insurance for credit unions since 1974

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.

Industry For Credit Union Industry Professionals  

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.

Consumer For Credit Union Members  

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.

ASI is safe and sound as are your credit union savings

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.

Click here for more details on primary share insurance - Your Insured Funds.

What's New?

ASI's FHLB Issue Included in Regulatory Relief Bill

May 21, 2015 was a great day for ASI and privately insured credit unions. At the U.S. Senate Banking Committee hearing Thursday, ASI’s legislation to secure membership rights for privately insured credit unions in the Federal Home Loan Bank (FHLB) System was included in Chairman Richard Shelby’s (R-AL) regulatory relief legislation which successfully passed out of committee. Even more exciting was the fact that the ASI provision was also offered up by Ranking Member, and supporter, Sherrod Brown (D-OH); and, despite the Democrat’s counter proposal failing, it was supported by all Democrats. Effectively, all members of the committee, through partisan voting, agreed to support ASI’s measure.

This marks the first time ASI’s FHLB membership initiative has been included in a Senate banking bill since it began the fight in 2005.