• Thanksgiving Holiday Office Hours
In observance of the Thanksgiving holiday, American Share Insurance (ASI) offices will be closed on both Thursday, November 27th and Friday, November 28th. Normal office hours will resume on Monday, December 1st.
• Dykstra Awarded Highest Honor for Credit Union League Leaders
Diana Dykstra, President/CEO of the California & Nevada Credit Union Leagues, and former ASI Advisory Council member while she served as CEO at ASI-insured San Francisco Fire Credit Union, received the American Association of Credit Union Leagues' (AACUL) highest honor – the Eagle Award – during the group's annual meeting. The Eagle Award has been presented only 20 times in over 30 years and was given to Ms. Dykstra for her leadership and significant impact in California and Nevada, along with CUNA and all the other state credit union leagues. In addition, Ms. Dykstra was elected to the AACUL's executive board. ASI congratulates Diana Dykstra!
• Bartolomucci Named Chair of CFPB Credit Union Advisory Council
Rose Bartolomucci, President/CEO of ASI primary insured Towpath Credit Union (OH), has been appointed as Chair of the Consumer Financial Protection Bureau (CFPB) Credit Union Advisory Council. She leads the CFPB's 16-member Credit Union Advisory Council, which is comprised of credit union executives throughout the U.S. The Council provides input from the unique perspectives of credit unions, to CFPB Director Richard Cordray and his leadership team. They offer guidance on rulemaking, policy development, regulating consumer financial products or services, and the impact credit unions have on their members and communities.
• ASI Members Will Not Be Charged a Special Premium Assessment in 2014
Dennis Adams, President/CEO of American Share Insurance (ASI), has informed its insured member credit unions that there will be No Special Premium Assessment (SPA) in 2014. Mr. Adams reports, "The ASI Board of Directors determined at this time there is no need to collect an SPA for 2014 from its insured credit unions. After reviewing the Company's favorable results to date – and as forecasted for the balance of the year – the Board concluded that the SPA would not be necessary in 2014." to read more from ASI's news release about this topic.
• 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 .