What does ACS/BANK OF AMERICA mean on my credit report?

Learn about ACS/BANK OF AMERICA, an bank offering loans for financial assistance. Check the impact to your credit report and financial status.

Updated January 1, 2023
Header image


ACS/BANK OF AMERICA is shorthand for Austin County State Bank, with the company name being Austin County State Bank

A magnificent Oak Tree is strong, stable, safe. Looking under the bark you would find thousands of rings telling stories of challenges, overcomings, joys, survivals and thrivals, each building together to create something larger at ACB Bank we are known by name-and their story

ACS/BANK OF AMERICA is a Bank provider. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with Austin County State Bank.

  • ⚫ You opened a credit card / loan / mortgage with this company.

  • ⚫ Someone fraudulently opened a credit line under your name.

About the account

The account is classified under the following METRO2 categories:

  • ⚫ Education

How do I contact them?

Here is the current contact details for Austin County State Bank:


  • P.O. Box 1466
    Bellville, TX 77418





You can make a payment with Austin County State Bank by logging into your account, using their SecurLock Equip app, or visiting one of their branches or ATMs. Sign up for their newsletter to stay connected. Refunds from Austin County State Bank can be requested by contacting the bank directly. Depending on the situation, refunds can be issued in a variety of ways such as a direct deposit or check. For more information about refund policy, please contact the bank directly. ACS Bank has implemented policies to help customers with personal and business banking needs, including providing digital banking services and ensuring financial stability. They do not impose penalties for late or missed payments; however, customers should be aware of any applicable fees for their account.

Question Answer
Do they offer a monthly payment plan? No
Can I make payments over the phone? Yes
Can I make payments online? Yes
Do they offer a discount for automatic payments? No
Can I make a payment using a mobile app? Yes
Can I make a payment using a prepaid debit card? Yes
Can I make a payment using a wire transfer? Yes

Forgiveness and Cancellation

ACS Bank does not offer loan consolidation services. They offer everyday banking services, business banking solutions, digital banking services, and are invested in their customers’ financial stories. They have branches and ATMs for customers’ convenience and provide updates through their newsletter and social media. One must contact ACS Bank for their personal and business banking services designed to align with their financial plan to qualify for loan forgiveness.

Question Answer
Do they offer loan forgiveness? No
Do they offer loan consolidation? No

How to Apply

you can apply for a loan online, in person, or using a mobile app with ACS Bank. You may need a cosigner for the loan. ACS Bank offers personal and business banking services to help customers with their financial needs.

Question Answer
Can I apply for a loan online? Yes
Can I apply for a loan over a phone call? No
Can I apply for a loan in person? Yes
Can I apply for a loan using a mobile app? Yes
Can I apply for a loan with a cosigner? Yes

IdentityIQ Report Example

  • This is an example of what this creditor will look like on your IdentityIQ report.


Will this affect my credit score?

Whether this account affects your credit score depends on a variety of factors, such as:

  • Account Open Date: If you opened this account recently it will impact your credit, the only way to prevent this from impacting your credit score is to remove the account from your report.
  • Derogatory Markings: If this account has any derogatory markings such as: Lates, Charge Offs, Collections and others.

However, there are could be some potential positive aspects to this account which could lead to improving your credit score, such as:

  • Account Age: If your account is quite old, then the age of it will positively impact your credit score
  • Repayment History: If the account has no Late Payments, Charge off Payments, then it may reflect a positive impact onto your credit score.

Can it be removed from my credit report?

Yes, with the right strategy, you will be able to remove any account from your report. But you have to be careful to ensure that the account is negative to begin with, or it will negatively impact your credit score.

However, removing a negative account will positively impact your credit score, allowing you to open new credit lines and potentially removing bad debt.

What is a Bank

A bank is an institution where money is kept for saving or commercial purposes. They are able to offer Loans and Mortgages which means they have the ability to report on your credit. Banks are generally felt as untrustworthy (30% confidence rating in the USA) by the general public. Banks can make mistakes on your credit report which may lower your credit score, potentially damaging your credit report and costing you money.

How do I remove ACS/BANK OF AMERICA from my credit report?

You can send a dispute letter to the credit bureaus to remove this account from your report. You must send a dispute letter to all three credit bureaus, as they are legally required to remove the account from your report if it is found to be inaccurate. For best results you should send a dispute letter to the credit bureaus via certified mail, this will ensure that you have a legal record of the communication.