Advocacy
At ASI, we advocate for the rights of credit unions to choose the option of private deposit insurance. This option reflects cooperative values and supports a strong, diverse credit union movement. Choice drives innovation, enhances flexibility, and helps credit unions grow and adapt. Through policy, education, and engagement, ASI works to empower and advance credit unions.
Advocacy Action Items
As part of ASI’s 2025 priorities to advance parity for privately insured credit unions, efforts are underway to update and refine outdated statutory language. These changes aim to modernize regulations governing privately insured credit unions, ensuring clarity, efficiency, and alignment with today’s financial landscape.
State-Charter Modernization
Modernize State Credit Union Acts to give credit unions the freedom to choose their deposit insurance provider—private or federal.
Federal Regulation Equality
Amend Dodd-Frank Title V to ensure privately insured credit unions receive the same regulatory treatment as federally insured credit unions.
Equal Lending Access
Ensure privately insured credit unions have equal access to federal lending, loan guarantees, and liquidity programs by updating statutory language.
Advocacy Resource Center
ASI in the News
CUInsignt
Announcing New research by Economist Bill Hampel showing ASI-insured credit unions deliver competitive growth, strong capital, and increased member engagement.
CU Daily
Highlighting how ASI strengthens the dual-chartering system and empowers credit unions with flexibility and choice.
Americans for Tax Reform
Underscoring the need for credit union reform, including expanded access to private deposit insurance.
Videos
The ASI Mission: How our mission aligns with the values of credit unions
The ASI Mission: How our mission aligns with the values of credit unions
The ASI Mission: How our mission aligns with the values of credit unions
The ASI Mission: How our mission aligns with the values of credit unions
Proven. Protected. Trusted: ASI’s Five Decades of Safety and Strength
Flexibility Through Collaboration: ASI and State Regulators Working Together
Documents
Explore ASI’s history and how we effectively partner with our credit union members.
See how private insurance supports and strengthens the state-charter system.
A report from Bill Hampel reviewing the economic impacts of private insurance.
Learn more about the competitive advantages of private share insurance.
Understand the key differences between ASI and the NCUA.
Empower Credit Unions with Choice
A vibrant financial marketplace needs options. When credit unions align their strategy and member needs with the right deposit-insurance partner, they unlock quicker innovation and stronger community impact. For decades, ASI has provided that flexibility by protecting more than 1.25 million members.
ASI provides trusted private deposit insurance for credit unions of $250,000 per account, not per member. Coverage above federal limits of up-to $5 million per account is also provided through our wholly owned subsidiary Excess Share Insurance (ESI).
ASI & ESI are the only U.S. private deposit insurers who partner with credit unions and banking programs serving overseas service members. We are proud to insure the deposits of overseas military personnel who use Community Bank, a Department of Defense (DOD) banking program.
State Charters are Growing in
Popularity in States Served by ASI
In 2000, 42.9% of credit unions in ASI states had state charters, 4.9% more than in non-ASI states. By 2023, this gap more than doubled to 11.8%, as the share rose to 47.4% in ASI states and fell to 35.6% in non-ASI states. This of course is likely not due simply to the availability of ASI share insurance in these states, but the private insurance option is very likely to have played a role.
Download a copy of our Economic Report, authored by esteemed Economist Dr. Bill Hampel, highlighting the impact of private share insurance, especially in states where ASI has a strong presence.