ASI

Protecting your savings at Tucoemas, with the highest level of insurance available, is one of our major objectives.

That is why we combine your federal deposit insurance coverage with excess deposit insurance protection from American Share Insurance (ASI), the nation's largest private deposit insurer for credit unions.

Your accounts are insured to a limit of $100,000 per member by the National Credit Union Administration (NCUA), an agency of the federal government. Additionally, your board of directors has chosen to provide up to an additional $250,000 of savings protection to each qualifying account through ASI.


ASI's excess deposit coverage applies to any credit union account currently receiving the maximum level of $100,000 in coverage provided by NCUA. To receive ASI's added insurance, the credit union pays monthly premiums to ASI.

ASI is a credit union share guaranty fund owned by its member credit unions. It was founded in 1974 and insures only credit unions.



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