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American Share Insurance

From EverybodyWiki Bios & Wiki


American Share Insurance
Formerly
  • *Ohio Credit Union Shareholders Guaranty Association;
    • National Deposit Guaranty Corporation;
    • National Deposit Insurance Corporation;
privately held
ISIN🆔
Industryfinancial services
insurance
Founded 📆1974
Founder 👔
Headquarters 🏙️Dublin, Ohio
Area served 🗺️
Members
Number of employees
🌐 Website[Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] 
📇 Address
📞 telephone

Notice at credit union insured by ASI

American Share Insurance (ASI) is a private corporation which insures shares (deposits) in some state chartered credit unions in the United States.[1] ASI was established in 1974 as the Ohio Credit Union Shareholders Guaranty Association, changing its name several times until it adopted the name American Share Insurance in 1991. It is the largest privately owned insurance corporation for credit unions.[2]

ASI is headquartered in Dublin, Ohio.

Coverage

ASI also offers Excess Share Insurance to subscribing state and Federal credit unions which protects member share accounts from $250,000 to $500,000. This product is used by credit unions which have National Credit Union Share Insurance Fund (NCUSIF) insurance on the base $250,000 guaranteed by that fund.[2]

References

  1. Some large Nevada credit unions depend on private insurance. Las Vegas Review-Journal. 22 Aug. 2004.
  2. 2.0 2.1 Staff Reports (2022-01-08). "New branch manager named for Desco Federal Credit Union". The Tribune. Retrieved 2022-10-21.

External links


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