Protecting credit union members’ savings since 1993.

ESI’s excess share insurance has been protecting the hard-earned savings of credit union members throughout the United States since 1993. This unique program provides up to $250,000 of additional deposit insurance to members’ accounts that exceed the limits of coverage provided them by the credit union’s primary share insurance organization, usually $250,000, and is available to credit unions in 32 different states across the country.

ESI is safe, sound and dependable

Members of credit unions using ESI’s excess share insurance can take great comfort in knowing that their savings are safe, and that a portion of their deposits are protected by a well-capitalized credit union-only private insurer.  Today, over 200 credit unions nationwide utilize ESI’s program to add another layer of protection to that afforded the credit union by its primary insurer.

What's New?

ESI Closely Examines Its Policyholders

Managing risk and monitoring its policyholding credit unions are important functions of ESI’s Examination & Insurance Department.  In 2014 the ESI team of examiners conducted a total of 31 on-site field exams of its excess policyholding credit unions.  “The combination of these on-site audits along with the stringent monitoring of its policyholders and the tracking and reporting systems ESI utilizes, all contribute to the safety and soundness of ESI’s excess insurance program,” said Kurt Loose, VP of the Examination & Insurance Department of ESI’s parent company, American Share Insurance.