The Power of Choice
Many credit unions have a choice when it comes to protecting their members’ deposits: federal share insurance, or private share insurance. Exercise your right to choose the option that’s best for your credit union and your members — Choose Private Share Insurance through American Share Insurance (ASI).
The Power of Choice
Many credit unions have a choice when it comes to protecting their members’ deposits: federal share insurance, or private share insurance. Exercise your right to choose the option that’s best for your credit union and your members — Choose Private Share Insurance through ASI.
Innovative Deposit Solutions
through ASI since 1974
Greater Coverage
$250K PER ACCOUNT
ASI’s primary insurance offers $250K of coverage per account, not per individual, with no limit to the number of accounts held by a member.
Greater Peace of Mind
ABOVE & BEYOND
Excess share insurance is a credit union exclusive program. Protect your members with deposit coverage up to $5 million on top of your primary insurance coverage.
Greater Stability
SINGULAR FOCUS
For 50 years, ASI has protected the deposits of our credit union members. No member has ever lost money in an ASI-insured account.
Unsurpassed Flexibility
Member Success Story
“We have found greater support and flexibility with ASI — American Share is good for our credit union, good for our members, and just better!”
“We have found greater support and flexibility with ASI — American Share is good for our credit union, good for our members, and just better!”
— Keith Kearney, President/CEO of InvesTex CU
The Numbers
1.25 Mil+
members protected through ASI’s primary coverage
$19 Bil +
of members’ deposits protected
$250K+
in per account coverage, not per member
We advocate for our member credit unions
At ASI, we advocate for credit unions’ right to choose private deposit insurance, promoting innovation, flexibility, and a strong, cooperative credit union movement through policy, education, and engagement.
Featured Items
Strengthening State Charters and Expanding Choice with ASI!
Chip Filson, a nationally recognized leader with over 40 years of experience in government, financial institutions, and business, recently shared his insights on how private deposit insurance can provide security for credit unions and their members during these uncertain times.
Find a Partner in Your Insurer
Joe Trosclair, ASI Board Member and President/CEO of Abbott Laboratories Employees Credit Union (ALEC), recently sat down with Credit Union Times for an insightful interview where he discussed the power of private deposit insurance.
Why should you want the option of Private Share Insurance?
Renowned economist Dr. Bill Hampel examines the key differences between share insurance through ASI and the NCUA. He analyzes national credit union data and focused case studies, including states where credit unions insured by American Share Insurance (ASI) are especially active. The findings reveal that private share insurance promotes credit union growth, enhances the dual chartering system, and offers safe, flexible coverage for members across the nation.
American Share Celebrates 50 Years of Helping Credit Unions Succeed
For half a century now, ASI has been a pillar of support and innovation in the credit union industry, providing a strong private deposit insurance option that champions state sovereignty and strengthens the dual chartering system.