De Novo Credit Unions: State-by-State Listing

[kp_table]

Link to State Application	State Agency Law / Regulation	NASCUS State Information	Primary Deposit Insurance	Private Insurance Allowed	Excess Share Insurance
AK	Alaska Department of Commerce, Community, and Economic Development; Division of Banking and Securities	Around the States: Alaska	NCUA Share Insurance Coverage
AL	Alabama Credit Union Administration	Around the States: Alabama	NCUA Share Insurance Coverage and American Share Insurance (ASI)	Yes	Excess Share Insurance (ESI)
AR	Arkansas has a state credit union statute, but currently no state-chartered credit unions.
AZ	Arizona Department of Insurance and Financial Institutions, Financial Institutions Division	Around the States: Arizona	NCUA Share Insurance Coverage
CA	California Department of Financial Protection and Innovation; Office of Credit Unions	Around the States: California	NCUA Share Insurance Coverage and American Share Insurance (ASI)	Yes	Excess Share Insurance (ESI)
CT	State of Connecticut Department of Banking; Financial Institutions Division	Around the States: Connecticut	NCUA Share Insurance Coverage
DC	The District of Columbia has a state credit union statute, but currently no state-chartered credit unions.
DE	Delaware does not have a state credit union statute and therefore has no state-chartered credit unions.
FL	Florida Office of Financial Regulation; Bureau of Credit Unions	Around the States: Florida	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
GA	Georgia Department of Banking and Finance	Around the States: Georgia	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
GU	Guam has no state charter credit unions.
HI	Hawaii has a state credit union statute, but currently no state-chartered credit unions.
IA	Iowa Department of Insurance and Financial Services, Iowa Division of Credit Unions	Around the States: Iowa	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
ID	Idaho Department of Finance	Around the States: Idaho	NCUA Share Insurance Coverage  and American Share Insurance (ASI)	Yes	Excess Share Insurance (ESI)
IL	Illinois Department of Financial & Professional Regulation; Division of Financial Institutions	Around the States: Illinois	NCUA Share Insurance Coverage and American Share Insurance (ASI)	Yes	Excess Share Insurance (ESI)
IN	Indiana Department of Financial Institutions; Depository Institutions Division	Around the States: Indiana	NCUA Share Insurance Coverage and American Share Insurance (ASI)	Yes	Excess Share Insurance (ESI)
KS	Kansas Department of Credit Unions	Around the States: Kansas	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
KY	Kentucky Department of Financial Institutions; Depository Division	Around the States: Kentucky	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
LA	Louisiana Office of Financial Institutions	Around the States: Louisiana	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
MA	Massachusetts Division of Banks	Around the States: Massachusetts	NCUA Share Insurance Coverage		Massachusetts Credit Union Share Insurance Corporation (MSIC)
MD	Maryland Department of Labor; Office of Financial Regulation	Around the States: Maryland	NCUA Share Insurance Coverage and American Share Insurance (ASI)	Yes	Excess Share Insurance (ESI)
ME	Maine Department of Professional and Financial Regulation; Bureau of Financial Institutions	Around the States: Maine	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
MI	Michigan Department of Insurance and Financial Services, Office of Credit Unions	Around the States: Michigan	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
MN	Minnesota Department of Commerce; Financial Institutions Division	Around the States: Minnesota	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
MO	Missouri Division of Credit Unions	Around the States: Missouri	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
MS	Mississippi Department of Banking & Consumer Finance	Around the States: Mississippi	NCUA Share Insurance Coverage
MT	Montana Department of Administration; Division of Banking & Financial Institutions	Around the States: Montana	American Share Insurance (ASI)	Yes	Excess Share Insurance (ESI)
NC	North Carolina Credit Union Division	Around the States: North Carolina	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
ND	North Dakota Department of Financial Institutions	Around the States: North Dakota	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
NE	Nebraska Department of Banking and Finance; Division of Financial Institutions	Around the States: Nebraska	NCUA Share Insurance Coverage
NH	New Hampshire Banking Department	Around the States: New Hampshire	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
NJ	New Jersey Department of Banking and Insurance	Around the States: New Jersey	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
NM	New Mexico Regulation and Licensing Department; Financial Institutions Division	Around the States: New Mexico	NCUA Share Insurance Coverage
NV	Nevada Department of Business and Industry; Financial Institutions Division	Around the States: Nevada	NCUA Share Insurance Coverage and American Share Insurance (ASI)	Yes	Excess Share Insurance (ESI)
NY	New York Department of Financial Services; Community and Regional Banks Division	Around the States: New York	NCUA Share Insurance Coverage
OH	Ohio Department of Commerce; Division of Financial Institutions	Around the States: Ohio	NCUA Share Insurance Coverage and American Share Insurance (ASI)	Yes	Excess Share Insurance (ESI)
OK	Oklahoma State Banking Department	Around the States: Oklahoma	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
OR	Oregon Division of Financial Regulation	Around the States: Oregon	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
PA	Pennsylvania Department of Banking & Securities; Division of Credit Union and Trust Supervision	Around the States: Pennsylvania	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
PR	Public Corporation for the Supervision and Insurance of Cooperatives of Puerto Rico | Corporación Pública Para la Supervisión Y Seguro De Cooperativas de Puerto Rico (COSSEC)	Around the States: Puerto Rico	Corporación Pública del Gobierno de Puerto Rico	Private Insurance is the only option for state credit unions.
RI	Rhode Island Department of Business Regulation	Around the States: Rhode Island	NCUA Share Insurance Coverage
SC	South Carolina Board of Financial Institutions	Around the States: South Carolina	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
SD	South Dakota does not have a state credit union statute and therefore has no state-chartered credit unions.
TN	Tennessee Department of Financial Institutions	Around the States: Tennessee	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
TX	Texas Credit Union Department	Around the States: Texas	NCUA Share Insurance Coverage and American Share Insurance (ASI)	Yes	Excess Share Insurance (ESI)
UT	Utah Department of Financial Institutions	Around the States: Utah	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
VA	Virginia State Corporation Commission; Bureau of Financial Institutions	Around the States: Virginia	NCUA Share Insurance Coverage
VI	Virgin Islands have no state charter credit unions.
VT	Vermont Department of Financial Regulation	Around the States: Vermont	NCUA Share Insurance Coverage
WA	Washington Department of Financial Institutions; Division of Credit Unions	Around the States: Washington	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
WI	Wisconsin Department of Financial Institutions; Office of Credit Unions	Around the States: Wisconsin	NCUA Share Insurance Coverage		Excess Share Insurance (ESI)
WV	West Virginia Division of Financial Institutions	Around the States: West Virginia	NCUA Share Insurance Coverage
WY	Wyoming does not have a state credit union statute and therefore has no state-chartered credit unions.

[/kp_table]

New Mexico