American Share Insurance Ensures Your Deposits Are Insured

American Share Insurance is a non-profit organization that protects deposits in credit unions and banks that are members of the National Credit Union Administration (NCUA) or the Federal Deposit Insurance Corporation (FDIC).

It's like having a safety net for your money, knowing that it's insured and protected in case something happens to the financial institution.

American Share Insurance provides coverage for deposits up to $250,000 per account holder, per insured credit union or bank.

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Share insurance is a type of protection that covers your deposits up to a certain amount in case the credit union fails. American Share Insurance (ASI) provides this coverage exclusively to credit unions.

ASI insures each and every account of an individual member up to $250,000, without limitation to the number of accounts held. This means that if you have multiple accounts, such as a savings and checking account, ASI will cover both accounts up to $250,000 each.

Here's an example of how this works:

ASI is a non-profit corporation that is dual-regulated by the Ohio Department of Insurance and the Ohio Department of Commerce.

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American Share Insurance (ASI) is a trusted private insurer that has been protecting credit unions and their members since 1974.

ASI is a non-profit and non-federal deposit insurer, meaning it's not backed by the government. It's also member-owned, just like the credit unions it insures.

Over 1.3 million credit union members rely on ASI for protection, and fortunately, no member has ever lost money in an American Share-insured account in its nearly 50-year history.

ASI is regulated by the Ohio Department of Insurance and the Ohio Department of Commerce, which ensures it's operating safely and soundly.

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American Share Insurance (ASI) is a non-profit corporation that provides primary and excess share or deposit insurance exclusively to credit unions.

ASI has been protecting credit unions and their members since 1974 and has a reputation for innovation, financial stability, service, and support of the credit union industry.

ASI is dual-regulated by the Ohio Department of Insurance and the Ohio Department of Commerce, and credit union examiners from each state in which ASI operates participate in a thorough annual exam of the company.

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ASI's coverage includes $250,000 in "Primary Share" insurance per account, with no limits as to the number of accounts held.

Here's an example of how deposits at a credit union are covered under ASI:

ASI protects over 1.3 million credit union members, and no credit union member has ever lost money in any American Share-insured account in its nearly 50-year history.

ASI's audited financial statements are available upon request from ASI by phone or email.

Your funds are protected by American Share Insurance, the nation's largest private insurer of credit union savings. This means that your deposits are insured up to $500,000 per account.

SafeAmerica Credit Union, for example, provides private deposit insurance through American Share Insurance. This protection gives members peace of mind, knowing their funds are secure.

The credit union's accounts are protected by primary coverage of $250,000 per account, plus excess coverage of $250,000. This combined total is $500,000, which is a significant safety net for members.

Here's a breakdown of the insured funds for various account types:

This protection gives members confidence in the safety of their funds, and it's reassuring to know that their deposits are insured up to $500,000 per account.

SafeAmerica Credit Union provides private deposit insurance of up to $500,000 per account through American Share Insurance, the nation's largest private insurer of credit union savings.

American Share Insurance offers primary coverage of $250,000 per account, which is the standard amount insured by most credit unions. However, SafeAmerica goes a step further by providing excess coverage, also up to $250,000, for a combined total of $500,000 per account.

This means that members' funds are protected up to $500,000 per account, regardless of the number of accounts they hold. For example, if a member has multiple savings accounts, checking accounts, and CDs, their total coverage would still be up to $500,000.

Here's a breakdown of the coverage for different account types:

This comprehensive coverage gives members peace of mind, knowing that their funds are protected in the unlikely event of a loss.

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The government isn't directly involved in regulating ASI, but the operating state's government plays a crucial role in overseeing its activities.

We're required to meet strict underwriting standards and submit full financial statements and other relevant information on a monthly basis.

Regular, extensive field audits are conducted by ASI, state regulators, independent accountants, and others to ensure we're meeting the required standards.

Any variation in these standards becomes the focus of ASI's efforts to restore policies and its operations.

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Deposit insurance is a crucial aspect of protecting your deposits. American Share Insurance (ASI) is a non-federal deposit insurer that offers a unique level of protection.

ASI provides primary coverage of $250,000 per account, and excess coverage of $250,000, for a combined total of $500,000 per account. This level of protection applies to various account types, including savings, checking, money market, CDs, and IRAs.

ASI's insurance fund equity to member savings ratio is among the highest in the industry, and it boasts the lowest average losses of any deposit insurance fund. Not a single member has ever incurred a loss in an ASI-insured credit union.

Here's a breakdown of the insurance coverage for different account types:

Share insurance is a type of protection that safeguards your deposits in a credit union. American Share Insurance (ASI) is a non-profit corporation that provides primary and excess share or deposit insurance exclusively to credit unions.

ASI insures each and every SF Fire Credit Union account of an individual member up to $250,000, without limitation to the number of accounts held. This coverage is comprised of $250,000 in "Primary Share" insurance.

Here's an example of how deposits at SF Fire Credit Union are covered:

ASI is a member-owned, non-federal deposit insurer, and it's not federally insured or insured by any state government.

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Deposit insurance is a crucial aspect of protecting your funds in a credit union. American Share Insurance (ASI) is a non-federal deposit insurer that offers comprehensive coverage to credit unions like SafeAmerica and Achieve Credit Union.

ASI is a member-owned institution, not federally insured or insured by any state government. It's dual-regulated by the Ohio Department of Insurance and the Ohio Department of Commerce.

Credit unions like SafeAmerica and Achieve Credit Union choose ASI for its unique perspective and commitment to safeguarding deposits. To maintain its status as an ASI-insured credit union, SafeAmerica must adhere to rigorous underwriting standards and provide detailed financial statements on a monthly basis.

ASI operates under the supervision of regulatory agencies in each state it serves. It voluntarily undergoes annual audits by reputable accounting firms and regulatory agencies to ensure compliance. With its headquarters in Dublin, OH, ASI has been upholding its commitment to the highest standards of financial security for over two decades.

ASI's insurance fund equity to member savings ratio is among the highest in the industry, and it boasts the lowest average losses of any deposit insurance fund. Not a single member has ever incurred a loss in an ASI-insured credit union.

Here's a breakdown of the coverage offered by SafeAmerica and Achieve Credit Union: