Aspiration Spend & Save Account – Aspiration Insured Bank Deposit Program Banks

Customers may obtain the benefits of FDIC insurance* eligibility in an Aspiration Spend & Save Account through the Aspiration Insured Bank Deposit Program and the Program Banks listed below. Once you open and fund your Aspiration Spend & Save Account, the available Cash Balance will be held on your behalf at one or more of the Program Banks assigned to your account. Once at a bank, your Cash Balance will be eligible for FDIC insurance coverage up to the applicable limits.

Aspiration will assign a Program Bank List to your account. The current full list of Program Banks are shown below. You may contact us to inform us of any Program Banks you would like excluded from this list, for your balances. If you exclude a Program Bank, your account will have a different Program Bank List from the list below, which will be correctly reflected on your periodic statements.

    Aspiration Insured Bank Deposit Program Banks as of the end of this statement period are:
  • C3BANK, NA

You may only access your Cash Balance through your Aspiration Spend & Save Account. You cannot access or withdraw the Cash Balance by directly contacting the Program Bank.

Aspiration will manage the movement of money between Aspiration and the Program Banks assigned to your account; this will occur automatically whenever you make deposits, execute transactions or withdraw money from your Aspiration Spend & Save Account. You may call an Aspiration Representative at 800-683-8529 if you have any questions regarding the Program Banks.

You are responsible for monitoring the total amount of your assets on deposit with a Program Bank (including amounts in other accounts at that bank held in the same right and legal capacity) in order to determine the extent of FDIC deposit insurance coverage available to you on those deposits, including your Cash Balance held at the Program Bank.

The Cash Balance in the Aspiration Insured Bank Deposit Program is swept to an FDIC-Insured interest-bearing account at one or more Program Banks. The deposit at the Program Bank is not covered by SIPC. The deposit is eligible for FDIC insurance subject to FDIC insurance coverage limits. All assets of the account holder at the depository institution will be counted toward the aggregate limit. For more information about FDIC insurance coverage, please visit the FDIC Web site at

In the event that your total assets at a Program Bank (including assets that you hold with the bank outside of the Aspiration Insured Bank Deposit Program) exceed the FDIC insurance limits, you may contact Aspiration to change the Program Banks to which your funds are swept, if available. Aspiration maintains the right to change the Program Bank List that is assigned to your account at any time. If a change is made to the Program Bank List assigned to your account, Aspiration will notify you in writing of that change through your periodic statements or another notice electronically, in writing. Although Aspiration cannot guarantee the financial health or stability of the Program Banks, we have made efforts to select banks that are financially sound, have a good business reputation, and are in good standing with the FDIC and other bank regulatory bodies.

Aspiration Financial, LLC. All rights reserved.