Excess Share Insurance Expands to South Dakota, Alaska, New Mexico
United States – October 14, 2026 -- Excess Share Insurance Corporation (ESI) now covers 41 states and the District of Columbia and serves more than 350 credit unions after entering South Dakota, Alaska and New Mexico.
ESI adds three states to its national footprint
American Share Insurance (ASI) and its wholly owned subsidiary ESI are establishing a presence in the three states. Theresa Mason, President and CEO of both ASI and ESI, said the companies aim to build lasting relationships with credit unions in the new markets.
ESI covers balances above the $250,000 primary insurance limit
ASI is a member-owned share guaranty corporation licensed by the Ohio Department of Insurance. It provides up to $250,000 of primary share insurance per member account. ESI, which has operated since 1993, lets qualifying credit unions, both federally and privately insured, give members coverage above that level.