American Share insurance Tag Page
Federally Insured Credit Unions
Many credit unions are federally insured credit unions. The National Credit Union Administration (NCUA) is the federal agency that administers the National Credit Union Share Insurance Fund (NCUSIF). The NCUSIF, like the FDIC’s Deposit Insurance Fund, is a federal insurance fund backed by the full faith and credit of the U.S. government.
As of November 2008, [...]
American Share Insurance Explained
The best way to understand the ASI or the American Share Insurance, explained simply, is to first state the final result if the trend continues. The ASI will replace the National Credit Union Share Insurance Fund and or the means by which private and federal credit unions protect their depositor’s money.
For the other form of [...]
