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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.

        

Industry
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. 

Consumer
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 
Proxy/Ballot Reminder  
ASI member credit unions are reminded to complete and return their proxy and ballot for the corporation's board member elections before April 23. The 2014 Annual Meeting of Participating Credit Unions of American Mutual Share Insurance Corporation will be held at 11:00 a.m. (EST) on April 23, 2014, at the company's headquarters in Dublin, Ohio.


ASI at the Cornerstone Credit Union League's Annual Meeting  
American Share Insurance (ASI) is exhibiting at the Cornerstone Credit Union League's 2014 Annual Meeting & Expo, April 22-24, at the Grand Hyatt in San Antonio, TX. Attendees are invited to visit with Rick Choffel at the ASI booth (#217) during exhibit hours throughout the convention.


Former CEO of ASI-insured CU Named Recipient of Vamper Helping Hands Award  
ASI congratulates Rita Haynes, the retired CEO of ASI primary-insured Faith Community United Credit Union (OH), who was named the recipient of the 2014 Annie Vamper Helping Hands Award from the National Federation of Community Development Credit Unions. Ms. Haynes was the long-time CEO of the privately-insured CU, a founding member of the Ohio CU Foundation and she was instrumental in the creation of the community development financial institution fund (CDFI). Her achievements, dedication and commitment to community development throughout her storied career, have earned her the federation's highest honor for community development CU staff and volunteers. Ms. Haynes will receive the award during the federation's annual conference on May 16 in Detroit, MI.


ASI-insured Credit Union Execs Named Illinois CU League Officers  
The Illinois Credit Union League (ICUL) has elected board members and executive directors of its various organizations, and ASI is pleased to report that five of those named are from ASI primary insured credit unions. Michael Lee, CEO of Kane County Teachers CU, has been elected Vice Chair of the Illinois CU Foundation. Named to the Illinois CU Political Action Committee are:  Chair Brenda Crane, COO of Credit Union 1; Treasurer Brian Cedergren, CEO of Abri CU; and Secretary RaeAnn Love, CEO of Commonwealth CU. In addition, Jackie Hoonjan, CEO of Valley Bell CU, was elected Secretary/Treasurer on the executive committee of the Illinois Youth Involvement Council.


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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