Consumer ACH Authorization & Agreement

I acknowledge that the "Transfer Funds" feature allows me to electronically transfer funds via the Automated Clearing House ("ACH") between my eligible Aspiration account held at Coastal Community Bank (“Aspiration Account”) and my external account(s) at other financial institutions ("External Account(s)"), once I have successfully registered my External Account(s). This includes:

  • one-time on-demand transfers, which allow me to initiate multiple, non-recurring, individual transfers based on the transfer date and dollar amount that I request through the Transfer Funds feature of online and mobile banking from time to time;
  • recurring transfers, which allow me to initiate recurring transfers of a set dollar amount at regular intervals that I have established through the Transfer Funds feature of Online and Mobile Banking;and/or
  • other ACH transfer features that Aspiration may make available.

Subject to the terms of the Transfer Funds feature and the terms of my other agreements with Mission Financial Partners LLC (d/b/a Aspiration), its affiliates, and business partners (hereafter, "Aspiration"), I hereby authorize Aspiration to initiate electronic credit/debit entries to my eligible Aspiration Account and each registered External Account indicated previously for (a) various amounts at varying times by making on-demand transfers pursuant to my instructions, and/or (b) a fixed amount at the frequency I have selected by making recurring transfers pursuant to my instructions (a "Preauthorized Transfer"). If any transfer date falls on a weekend, bank holiday or after 8:00 pm Pacific Time, I understand and agree that the transfer may be executed on the next business day, or as soon as reasonably possible at the discretion of Aspiration.

I hereby represent and warrant that I have all necessary right, power and authority to debit and credit my Aspiration Account and any External Account(s) registered, and that all information or instructions that I provide to Aspiration in relation to any ACH transfer is complete and accurate. I agree that ACH transactions I authorize comply with all applicable law.

Should an incorrect amount be withdrawn from or deposited to my External Account(s) or my Aspiration Account, I authorize Aspiration to correct the error by debiting/crediting my External Account(s) or my Aspiration account.

This authorization is to remain in full force and effect until Aspiration has received written notification from me of its termination in such time and in such manner as to afford Aspiration a reasonable opportunity to act on it. For Preauthorized Transfers, I understand that it is my responsibility to contact Aspiration to stop or cancel a Preauthorized Transfer at least three (3) days prior to the following scheduled payment. Here’s how: Call us at 800-683-8529, email us at in time for us to receive your request three (3) Business Days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and get it to us within fourteen (14) days after you call.

I acknowledge that the origination of ACH transactions must comply with the provisions of applicable law and the rules of the National Automated Clearing House Association (NACHA). I request the financial institution that holds my External Account to honor all transfers initiated in accordance with this authorization form.

I agree to print this ACH Authorization and retain a hard copy or electronic copy.

Version: 1.0 (Published February 2024)