Excess Share Insurance (ESI), a wholly owned subsidiary of American Share Insurance (ASI), is an Ohio-based property and casualty insurance company. They are authorized to insure consumer deposit accounts by the Ohio Department of Insurance, the insurance departments of the 34 other states in which the company operates, and an approved insurance provider for the U.S. Department of Defense’s OMPB program. 

ESI developed a unique solution — when no other organization could — that empowers Community Bank to succeed in its mission while protecting the deposits of the overseas military service members it serves. 


ASI & ESI are committed to serving credit unions and banking programs that support all types of everyday heroes — from teachers, farmers and first responders to the men and women serving in the military abroad.

ESI & ASI are the only U.S. private deposit insurers who partner with credit unions and banking programs serving overseas service members. They are proud to insure the deposits of overseas military personnel who use Community Bank, a Department of Defense (DoD) banking program. ESI insures select deposits of Community Bank. ESI does not insure any deposits in Navy Federal Credit Union.


Community Bank is a Department of Defense (DoD) banking program operated through a contract with Navy Federal Credit Union. The Defense Finance and Accounting Service (DFAS), coordinating with the Military Service banking representatives, oversees and manages the program. Community Bank, through the Overseas Military Banking Program (OMBP), ensures that military members and their families deployed overseas have ready access to financial products and services, regardless of where they are stationed. This includes approximately 60 branches and 272 ATMs on bases across Europe and the Pacific. The DoD established the overseas banking program after World War II to provide active-duty military members with retail, financial, and cash services. Navy Federal Credit Union was selected by the DoD in September of 2023 to assume operations of Community Bank. The deal is effective April 1, 2024. For more information please visit


    • ESI’s coverage through the OMPB is more comprehensive than what is provided by the federal government. ESI’s coverage through the OMPB is $250,000 per account, not per client, meaning much more of your deposits can be insured.
    • Unlike their federal counterpart, ESI has flexibility to work with their member credit unions and banking programs to develop solutions that meet each of their needs.
    • ASI currently insures the deposits of nearly 100 financial institutions and over 1.35 million members in ten states, with total insured deposits of almost $20 billion.
    • ESI currently protects almost 300 financial institutions of all sizes, with insured deposits totaling more than $6 billion.
    • Throughout their history, not a single individual has ever lost money in a financial institution insured by ASI or ESI.
    • The financial statements of both companies are audited annually by a “big four” accounting firm, and an independent actuary attests to the sufficiency of their loss reserves.
    • Deposit insurance for ASI and ESI is supported by their loss reserves, assets, access to credit lines from three distinct financial institutions, and their capital. Moreover, the collective support of their member credit unions would offer supplementary funding if required.
  • ASI and ESI have been protecting financial institutions and their customers since 1974 and 1993, respectively.

  • Community Bank clients will have coverage for the following deposit accounts:

    • Regular Checking & Savings
    • Organizational Checking & Savings
    • Interest Checking
    • Organizational Interest Checking
    • ATM Only Checking (Guantanamo Bay)
    • Sterling Checking (United Kingdom)
    • Certificate of Deposit
    • Cashier’s checks, money orders, and other
      official items issued by Community Bank
  • Your deposit accounts in Community Bank are insured through ESI up to $250,000 per account, no matter how many accounts you have. For example, you may have regular savings, regular checking, certificate of deposit, and interest checking accounts, and each would be insured up to $250,000.

A credit union-owned share insurance fund protecting credit unions and their members for nearly 50 years.


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