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Deposit Insurance

Greater Insurance Coverage, Guaranteed

Enjoy greater peace of mind knowing that your deposit accounts are insured up to $1,000,000.

Safeguard Your Finances With Million-Dollar Coverage

Safeguard Your Finances With Million-Dollar Coverage

South Bay Credit Union has recently increased insurance coverage on all of our deposit accounts to $1,000,000. American Share Insurance provides $250,000 of primary insurance coverage plus $750,000 of additional insurance for each of these accounts:

Individual Accounts

Individual Accounts (Checking, Savings, Money Markets, and Certificates)

Individual Accounts

Individual Accounts (Checking, Savings, Money Markets, and Certificates)

Joint Accounts

Joint Accounts (Checking, Savings, Money Markets, and Certificates)

Joint Accounts

Joint Accounts (Checking, Savings, Money Markets, and Certificates)

Individual Retirement Accounts

Individual Retirement Accounts (Depository, Traditional, and Roth IRAs)

Individual Retirement Accounts

Individual Retirement Accounts (Depository, Traditional, and Roth IRAs)

Business Accounts

Business Accounts (Checking, Savings, and Money Markets)

Business Accounts

Business Accounts (Checking, Savings, and Money Markets)


About American Share Insurance

American Share Insurance (ASI) is a credit union-owned share insurance fund founded in 1974 by credit unions, for credit unions. ASI provides strong, dependable private insurance coverage to protect credit unions and their members. No member has ever lost money in an American Share-insured credit union account.

Get Started Today

Open your account online in minutes. Have questions? We’re always happy to help.