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

American Share Insurance (ASI) provides primary and excess share or deposit insurance exclusively to credit unions. We’re a member-owned, share guaranty corporation, and are proud to be the nation‘s largest non-federal insurer of credit union deposits.

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.
The current economic situation has left many credit union members asking questions about the safety of their savings.  In response, ASI offers the following about its deposit insurance programs:

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: Strength & Trust - Your Insured Funds.


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. 

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.

What's New 
Premium Payments Due  
ASI excess insured credit unions are reminded that 2nd quarter premium payments are due by Monday, July 21. Excess insured policyholders should remit their premium payment and detailed member information  electronically by signing on through the Policyholder section of this website.

ASI Adds to Audit/Examination Staff  
Kurt Loose, Vice President of ASI's Examination & Insurance Department, has announced the hiring of a new employee to his audit staff. Lauren Little has joined American Share Insurance as a Staff Auditor, effective June 30, 2014. Lauren is a recent graduate of Bowling Green State University where she earned a Bachelor of Science degree in Business Administration (specialization in Accounting and Finance), as well as a Masters of Accountancy degree.

ASI's FHLB Legislation Passes U.S. House of Representatives  
The U.S. House of Representatives showed its support of ASI-sponsored legislation (H.R. 3584) by passing the bill on May 6, 2014, by a recorded vote of 395 to 0. If enacted, this legislation would allow privately insured credit unions the right to seek membership in the Federal Home Loan Bank system (FHLB). This overwhelming support is encouraging to ASI as we move our attention to the U.S. Senate. ASI has two strong sponsors in the U.S. Senate: Senator Sherrod Brown (D-OH) and Senator Rob Portman (R-OH). ASI will continue to keep its member credit unions informed of the  progress of the Senate bill (S. 1806). We thank our insured credit unions and all those involved for your support and patience as we seek to secure passage of this important legislation during this 113th U.S. Congress.

A Milestone Achieved – ASI's 40th Anniversary!   
May 7, 2014 marks the 40th anniversary of the founding of American Share Insurance (ASI) – originally established by credit union activists as the Ohio Credit Union Shareholders Guaranty Association (OCUSGA). Back in 1974, the company held its first incorporators meeting in Dayton, Ohio, creating this private insurance fund as a viable alternative to federal insurance – ASI Business... Not Bureaucracy!  For 40 years and counting, the company continues to successfully insure consumer savings on deposit with state-chartered credit unions in selected states. Happy 40th Anniversary, ASI!!!

ASI Fact Sheet Revised and Available Online 
"Strength & Trust - Your Insured Funds," an ASI  fact sheet, presents a summary of pertinent information about the corporation and its primary deposit insurance program available to credit unions. The document has been updated recently and you and your credit union members can download the current version from the lower left of this ASI web page, or
click here


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