American Share Insurance
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 | This article relies largely or entirely on a single source. (November 2019) |
| Formerly |
|
|---|---|
| Company type | privately held |
| Industry | financial services insurance |
| Founded | 1974 |
| Headquarters | Dublin, Ohio |
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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.[citation needed]
ASI is headquartered in Dublin, Ohio.
Coverage
Credit unions carrying ASI’s private insurance must state that funds deposited in the credit union are insured by a private organization, and that no government or government entity guarantees accounts in that particular credit union.
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.[citation needed]
Management
- Dennis R. Adams - President & CEO
- Curt Robson - VP of Finance & Secretary/Treasurer
- Kurt Kluth - VP of Information Technology
- Kurt Loose - VP of Examination and Insurance
- David Kettlehake - VP of Sales & Marketing
Source:[2]
External links
References
- ^ Some large Nevada credit unions depend on private insurance. Las Vegas Review-Journal. 22 Aug. 2004.
- ^ "Management". American Share Insurance. Retrieved 24 May 2020.
{{cite web}}: CS1 maint: url-status (link)
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- American companies established in 1974
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- Insurance companies of the United States
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- 1974 establishments in Ohio
- Companies established in 1974
- Financial services companies of the United States