To provide primary and excess share (deposit) insurance to credit unions in accordance with its statutory authority under ohio revised code section 1761, as a member-owned, mutually organized share guaranty corporation, and the nation's largest non-federal insurer of consumer deposits.

American share insurance (asi) provides primary and excess share (deposit) insurance to credit unions under ohio revised code section 1761, as a member-owned, mutually organized share guaranty corporation, and the nation's largest non-federal insurer of consumer deposits. Approximately 150 member credit unions in 9 states were served by asi in 2014 and the aggregate number of individual members in those credit unions insured by asi is estimated to be approximately 1. 3 million.