Privately Insured Credit Unions

These credit unions are not federally insured by the National Credit Union Administration (NCUA). Instead, their member deposits are covered by private insurance — primarily American Share Insurance (ASI), the nation’s largest private deposit insurer for credit unions.

25 institutions $4.2B combined assets (known) 205,687 members (known) 4 states
Not NCUA-insured. Deposits at these credit unions are not backed by the NCUA’s National Credit Union Share Insurance Fund (NCUSIF) or the U.S. government. They are insured by American Share Insurance (ASI), a private Ohio-based insurer. ASI currently insures approximately 125 credit unions across 10 states, covering 1.35 million members and $20 billion in shares. Because these institutions do not file NCUA 5300 Call Reports, detailed financial data may be limited compared to federally insured credit unions.

CA1 institution

# Name City Assets Members Insurance
1 Sf Fire Credit UnionNot NCUA San Francisco — — ASI

IL4 institutions

# Name City Assets Members Insurance
1 Dupage Credit UnionNot NCUA Naperville $566.1M 47,306 ASI
2 Staley Credit UnionNot NCUA Decatur $198.6M 17,170 ASI
3 Northwest Community Credit UnionNot NCUA Morton Grove $63.6M 3,135 ASI
4 United Equity Credit UnionNot NCUA Decatur — 6,700 ASI

NV1 institution

# Name City Assets Members Insurance
1 Clark County Credit UnionNot NCUA Las Vegas — — ASI

OH19 institutions

# Name City Assets Members Insurance
1 River Valley Credit UnionNot NCUA Miamisburg $442.9M — ASI
2 Ih Credit UnionNot NCUA Springfield $377.1M — ASI
3 Midusa Credit UnionNot NCUA Middletown $338.3M 18,668 ASI
4 Pse Credit UnionNot NCUA Parma $337.6M 25,854 ASI
5 Firefighters Community Credit UnionNot NCUA Cleveland $332.3M 34,000 ASI
6 Genfed Financial Credit UnionNot NCUA Akron $305.7M 24,600 ASI
7 Aurgroup Credit UnionNot NCUA Fairfield $198.8M — ASI
8 Achieve Credit UnionNot NCUA Elyria $190.0M — ASI
9 Abbey Credit UnionNot NCUA Vandalia $174.7M — ASI
10 Ohio Educational Credit UnionNot NCUA Seven Hills $161.1M — ASI
11 Buckeye State Credit UnionNot NCUA Akron $145.4M 19,700 ASI
12 Friends And Family Credit UnionNot NCUA Massillon $111.2M — ASI
13 Kh Credit UnionNot NCUA Dayton $70.0M — ASI
14 Southeastern Ohio Credit UnionNot NCUA Cambridge $63.5M 6,457 ASI
15 Millstream Area Credit UnionNot NCUA Findlay $61.9M — ASI
16 Ohio'S First Class Credit UnionNot NCUA Cleveland $56.4M — ASI
17 Maumee Valley Credit UnionNot NCUA Toledo $19.5M 2,097 ASI
18 North Coast Credit UnionNot NCUA Fairview Park $16.1M — ASI
19 Antioch Credit UnionNot NCUA Cleveland $3.7M — ASI

About Private Deposit Insurance

Ten U.S. states allow state-chartered credit unions to use private deposit insurance instead of federal NCUA coverage: Alabama, California, Idaho, Illinois, Indiana, Maryland, Montana, Nevada, Ohio, and Texas. Ohio has the largest concentration of privately insured credit unions.

American Share Insurance (ASI), headquartered in Dublin, Ohio, is the primary private insurer. ASI was founded in 1974 and provides deposit insurance coverage similar to the NCUSIF, though it is not backed by the full faith and credit of the U.S. government.

Because privately insured credit unions do not file NCUA 5300 Call Reports, they are not included in standard NCUA datasets. Asset and member figures shown here are sourced from public disclosures, annual reports, and ASI filings where available. Figures may not reflect the most recent reporting period.

← Back to All Credit Unions by State