Your assets are held by our qualified third-party custodian, UMB – ranked by Forbes as the second best bank in America. Aspiration never has access to your cash and only executes your instructions deposit or withdraw from your account.
Similarly, UMB does not have access to these funds and holds them separately from their other assets. In the unlikely event that something were to happen to either Aspiration or UMB, the assets in this account would not be adversely affected. For more information about UMB feel free to visit umbfs.com.