This is one advantage of a credit union being privately insured.The following explains the amount of additional share insurance protection ESI can provide members of federally insured credit unions as compared to members of a privately insured credit union.This is the fourth in a series of articles that look at the evolution of deposit insurance in America.Last month looked at private deposit insurance, this article presents an overview of deposit insurance in America, with an emphasis on American Share Insurance (ASI). The company, which insures deposits for credit unions, has been in business more than 40 years. While at one time they faced competition, they outlasted them all. Their philosophy from the beginning was simple, credit unions should be able to meet the needs of their members without undue outside interference in daily operations.Over one-third of America’s state-chartered credit unions have the option of choosing to insure their members’ share/deposit accounts with American Mutual Share Insurance Corporation (ASI), the nation’s only non-federal, credit union-owned private share insurer, and ESI’s parent company.Currently, American Share operates in the states of Alabama, California, Idaho, Illinois, Indiana, Maryland, Nevada, Ohio and Texas. (Dissolved 12-14-88) was registered under company Id 711595 as a Domestic Profit Corporation.
“We’ve been going back and forth with Corp Logo Ware for at least four months, having been assured that they would pay us,” said the principal of this Top 40 supplier.Counselor spoke with one supplier who claims that Corp Logo Ware tried to settle a bill in early March with a bad check. () fulfilled an order for Corp Logo Ware that was placed on February 15 and had an in-hand date of February 29.Truebite delivered the goods, but didn’t receive payment, so executives followed up with Corp Logo Ware to get paid for the ,300 order.Latest annual registration report year of Asi Liquidating Co., Inc. There are 3 officers and directors in this company.Broderick M, Patrick with ceo title, Broderick F, Thomas with cfo title, Moldlenhauer H, E with secretary title.