What does ALTA BANK mean on my credit report?

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

Updated January 1, 2023
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What is ALTA BANK?

ALTA BANK is shorthand for Altabank Division of Glacier Bank, with the company name being Altabank, Division of Glacier Bank

We exist for only one purpose-to power your success. With more than 100 years of experience, we have what it takes to be a trustworthy, dynamic partner. A branch of Glacier Bank, we are strategically sized to propel you and your business into high gear-and we do it better than anybody else.

ALTA BANK 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 Altabank Division of Glacier Bank.

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

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

How do I contact them?

Here is the current contact details for Altabank Division of Glacier Bank:


  • 1543 North Redwood Rd
    Saratoga Springs, UT 84045





To make a payment with Altabank, you can sign up for personal online banking and set up bill pay. You can also make a payment over the phone by calling customer service, or using a mobile app. Altabank offers a 10% discount for customers who set up automatic payments. Wire transfer services are also available, but there may be fees associated with this method.

Question Answer
Can I make payments over the phone? Yes
Can I make payments online? Yes
Do they offer a discount for automatic payments? Yes
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

Loan forgiveness is not typically offered by banks, but some government programs may offer assistance. Altabank does not offer loan consolidation but does offer auto, recreational vehicle, unsecured, and overdraft protection loans. To qualify for loan forgiveness, you must meet certain eligibility requirements and submit an application.

Question Answer
Do they offer loan consolidation? No

How to Apply

You can apply for a loan in person, by phone, or using Altabank’s mobile app. You may also apply for a loan with a cosigner.

Question Answer
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.

ALTA BANK 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 ALTA BANK 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.