Private 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.

Primary Share Insurance for Credit Unions

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.

Partners Not Regulators

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.

Hear from Leaders Like You

“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, InvesTex CU

investexcu.org

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

not per member

Account Types Covered through ASI

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

ASI: 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.