Why Your Credit Union’s Coverage Matters
American Share Insurance (ASI) is a private share insurer owned by the credit unions it insures. Currently, ASI protects the accounts of over 1.35 million credit union members — and since its inception in 1974, no credit union member has ever lost money in any ASI-insured account.
A Singular Focus
Protecting the deposits of our credit union members
A Strong Fund
ASI’s equity ratio – a key indicator of an insurance company’s financial health – is greater than that reported by both federal deposit insurance funds
Licensed & Regulated
ASI is licensed by the Ohio Department of Insurance and dual-regulated by the Ohio Departments of Commerce and Insurance. We maintain good standing with regulators in all states of operation.
Sound Business Practices
ASI’s only business is to provide deposit insurance to credit unions, and we are selective about the credit unions we insure. Not all credit unions that apply for coverage meet our strict underwriting standards.
ASI insures every account for individual credit union members, up to $250,000 per account, with no limits as to the number of accounts held.
If you have questions about the coverage provided by ASI, ask your credit union or contact us at 800-521-6342.
How is My Credit Union Doing?
CU Data Bank
ASI’s CU Data Bank tool provides users the ability to view general information for a specific privately insured credit union, download financial statements, or generate a four-period trend analysis. You can research an ASI insured credit union by entering the charter number, name, or one other of the fields below. To view the financial statements for federally insured credit unions using American Share’s excess insurance program, please visit the NCUA’s website at www.ncua.gov.