Primary Share Insurance customers

Primary Share Insurance

The only private share insurance option in the U.S.

American Share provides trusted primary share insurance for credit unions that covers more than 1.35 million members in Alabama, California, Idaho, Illinois, Indiana, Maryland, Montana, Nevada, Ohio, and Texas.

The Power of Choice

State-chartered credit unions have the power to better influence the state laws governing them, and as a result, many state-chartered credit unions have the right to choose American Share to protect their members instead of the NCUA. Federally-chartered credit unions have only a single choice when it comes to share insurance—the NCUA, which serves as both their insurer and regulator.

Greater Coverage

ASI’s coverage is more comprehensive than what is provided by the federal government. ASI’s protection is per account, not per member, with no limit to the number of individual member accounts that can be insured, meaning much more of your members’ deposits can be insured.

Partner Not a Regulator

Many of our partners prefer private insurance because it allows greater flexibility. At the heart of our business model is our belief in the right of credit unions to meet the needs of their members without undue outside interference.

Gain a Competitive Edge

Our per-account coverage allows members to keep more of their deposits in one institution – making your credit union a stronger option to be their primary financial service provider. It’s a level of coverage that banks simply cannot offer.

Help give Michigan credit unions the competitive option of Private Deposit Insurance – Learn More >>

0

not per member

Account Types Covered

  • Checking/Share Drafts
  • Savings/Shares
  • Money Market Accounts
  • IRAs
  • CDs/Share Certificates
  • Holiday Savings

A Trusted Partner for Credit Unions Since 1974

Rather than a “one-size-fits-all” approach, we work with our member credit unions and state regulators to develop flexible programs that focus on meeting consumer needs and sustaining charters.

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

MEMBERS’ ACCOUNTS ARE NOT INSURED OR GUARANTEED BY ANY GOVERNMENT OR GOVERNMENT-SPONSORED AGENCY.

Privacy Policy        Terms of Use

© 2024 American Share Insurance

Questions? Reach out.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Skip to content