ABOUT ESI

Pioneering Greater Coverage

ESI is the nation’s only multi-state provider of excess share insurance for credit unions. Headquartered in Dublin, Ohio, ESI is a wholly-owned subsidiary of American Share Insurance (ASI), a credit union-owned private deposit insurer founded in 1974 by credit unions, for credit unions.

ASI first pioneered the concept of excess share insurance in 1981. As demand grew, ASI found it necessary to organize and charter a more standardized insurance company. In 1993, ESI was chartered by the Ohio Department of Insurance. Over the following years, ESI gradually expanded its reach by securing licensure by state insurance departments in 32 states and the District of Columbia.

ABOUT ESI

Pioneering Greater Coverage

ESI is the nation’s only multi-state provider of excess share insurance for credit unions. Headquartered in Dublin, Ohio, ESI is a wholly-owned subsidiary of American Share Insurance (ASI), a credit union-owned private deposit insurer founded in 1974 by credit unions, for credit unions.

ASI first pioneered the concept of excess share insurance in 1981. As demand grew, ASI found it necessary to organize and charter a more standardized insurance company. In 1993, ESI was chartered by the Ohio Department of Insurance. Over the following years, ESI gradually expanded its reach by securing licensure by state insurance departments in 32 states and the District of Columbia.

A National Footprint

ESI is an Ohio-based property and casualty insurance company, authorized to insure consumer share accounts in both federally- and privately-insured credit unions. The Company is wholly-owned by American Share Insurance Corporation (ASI), a credit union-owned share guaranty corporation operating since 1974. ASI is licensed by the Ohio Department of Insurance (ODI) and dual-regulated by the Ohio Departments of Insurance and Commerce, as well as nine other state credit union regulatory authorities.

Financially Sound & Regulated

Since its inception, ESI has without exception received favorable reports and clean opinions concerning the accuracy and soundness of its financial operations. Annually, the Company is subject to an audit by one of the “Big Four” international CPA firms, and its loss reserves have been determined to be sufficient by one of the world’s leading actuarial firms, all without adverse issues being noted or raised. Please contact ESI for copies of the Company’s audited financial statements.

ESI allows qualifying credit unions to customize the protection provided to members with deposit account balances in excess of $250,000.


Call us at 800-521-6342 to discuss excess coverage options.

MEMBERS’ ACCOUNTS ARE NOT INSURED OR GUARANTEED BY ANY GOVERNMENT OR GOVERNMENT-SPONSORED AGENCY.

© 2022 Excess Share Insurance

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