American Share Insurance announced a 15 basis point special premium assessment on the credit unions that use the private firm to insure their deposits. The firm said it insures member deposits up to $250,000 at 150 state-chartered credit unions.

The firm announced the special premium will be assessed on all primary insured credit unions of record on Sept. 30, 2010, based on the total shares reported as of June 30, 2010.

The firm also announced a change in its deposit requirement that could boost the amount some credit unions have to keep with the firm. Currently, ASI insured credit unions face a tiered deposit rate of between 1.0% to 1.3% based on their CAMEL ratings. The firm is changing this to a flat 1.3% rate for all primary insured member credit unions.

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