Excess Share Insurance
The Credit Union Advantage
Protect your members with coverage of up to $5,000,000 over your primary share insurance limits, whether you are covered by American Share or NCUA. American Share offers three excess share insurance options based on the unique needs of your credit union and your members. In some cases, credit unions select multiple policies in order to accomplish their deposit and liquidity objectives.
Give your members what they want and need: the peace of mind that comes with added protection.
Double Cover
Protect every member of your credit union above and beyond the limits afforded by your primary share insurer. Double Cover provides up to $250,000 of additional coverage per account.
Select Cover
Accommodate specific members, institutional or larger business type accounts. Select Cover allows your credit union to insure balances up to $5,000,000 above the limits afforded by your primary share insurance.
Custom Cover
Protect specific classes of accounts, such as IRAs or CDs with Custom Cover. Custom Cover adds up to $250,000 beyond your primary coverage limits on specific account types.
Excess Share Insurance
A Market Advantage Your Members Will Notice
Protect your members with coverage of up to $5,000,000 over your primary share insurance limits, whether you are covered by American Share or NCUA. American Share offers three excess share insurance options based on the unique needs of your credit union and your members. In some cases, credit unions select multiple policies in order to accomplish their deposit and liquidity objectives.
Double Cover
Protect every member of your credit union above and beyond the limits afforded by your primary share insurer. Double Cover provides up to $250,000 of additional coverage per account.
Select Cover
Accommodate specific members, institutional or larger business type accounts. Select Cover allows your credit union to insure balances up to $5,000,000 above the limits afforded by your primary share insurance.
Custom Cover
Protect specific classes of accounts, such as IRAs or CDs with Custom Cover. Custom Cover adds up to $250,000 beyond your primary coverage limits on specific account types.
Excess share insurance is available exclusively to credit unions, giving you a clear market advantage over all other financial institutions. Show your strength by offering protection no banks and few credit unions can offer. For credit unions in California, excess share products are available through ASI. For states other than California excess share coverage is provided by our subsidiary, ESI (blue button below).