Safe & Secure

Member of FDIC, so you know your savings & financial information are safe

Recognition

Member of the prestigious “Inc. 5000 List” of fastest growing private companies in America for 4 years running

Why choose Credit Strong?

  • Trustworthy

    Credit Strong is a division of a 5-star rated FDIC insured independent community bank, so you know your personal and credit information is secure and your money is safe. Click here to learn more about the bank behind Credit Strong.

  • Connected & Secure

    We don’t have ‘Bank Level’ security. We have BANK security.

  • Transparent

    As a bank, we work directly with all three major bureaus. Monitor your FICO score 24/7 and track your progress.

  • Flexibility

    Choose from flexible pricing that fits a range of budgets and timelines.

  • FICO Score

    90% of top lenders use FICO Scores when making lending decisions. No surprises or point gaps.

  • Dedicated

    We’re here to help you succeed. As an independent community bank, we aim to bring trust and transparency to the finance world one strong step at a time.

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Austin Capital Bank

Austin Capital Bank is a Federal Deposit Insurance Corporation (FDIC) insured Texas State Savings bank with headquarters in Austin, Texas.

Founded in January of 2006, we have grown to be one of the preeminent community banks and a national leader in responsible financial services innovation.

Austin Capital Bank serves its customers and partners from a position of strength. We steward our bank with integrity and meticulous attention to detail, for our customers, partners, and stakeholders. We are consistently one of the best performing financial institutions in Texas and the country and regularly rated at the top of our industry.

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*All ratings as of March 31, 2020

In addition to operating from a position of financial strength, Austin Capital Bank is a high performance and rapidly growing financial institution and has been as recognized in the Inc. 5000 list of most rapidly growing privately held companies in the United States.

FDIC Insurance

As an FDIC insured financial institution our financial condition and performance is freely available to the public from the Federal Deposit Insurance Corporation at the following website:

FDIC Financial Institution Directory

Austin Capital Bank is an all-inclusive and non-discriminatory institution, which provides its services in an equitable and fair manner to all the members of the communities it serves.

Questions about us

What is a Credit Strong account?

A Credit Strong account is the fusion of a secured consumer installment loan and a savings account. During the life of your Credit Strong account you build both credit history and savings.

How exactly does a Credit Strong account work?

When you open a Credit Strong account:

  • Austin Capital Bank gives you an installment loan and places the borrowed funds in a savings account in your name
  • You do not receive the funds on day one, they are instantly deposited into the savings account
  • A lock is placed on the funds in the savings account to secure the loan
  • Each month you make a single, fixed monthly payment of principal and interest on the loan
  • The principal portion of your loan payment is credited towards the lock on your savings account and the interest portion of your payment is how we cover the costs of providing the service to you
  • During the term of your account we report your loan payment history to all three major credit bureaus and you earn interest on your savings account balance
    When the loan is paid in-full, the lock is removed from the savings account and the funds become available to you

You end up with payment history for an installment loan on your credit report, which accounts for 35% of your FICO credit score, and the money you’ve saved up in your savings account.

Is Credit Strong legit? How do I know this isn’t a scam?

Credit Strong is a division of Austin Capital Bank. Austin Capital Bank is a 5-star rated FDIC insured Texas State Savings Bank, located in Austin, Texas. As an FDIC insured bank, Austin Capital Bank is subject to rigorous federal and state oversight and examinations on a regular basis by the Federal Deposit Insurance Corporation and the Texas Department of Savings and Mortgage Lending.

What credit score do you provide?

We are proud to provide you with your FICO 8 credit score from TransUnion. FICO is the credit model used by 90% of lenders to make consumer credit decisions.

Do you perform a ‘hard’ inquiry or pull on my credit report?

No. There is no credit check when you apply for a Credit Strong account.

Do you report to all three major credit bureaus?

Yes. We report your payment history directly to the three major credit bureaus; Experian, Equifax, and TransUnion.

Your Credit Strong account installment loan will be listed under “AUSTIN CAPITAL BANK SSB” on your credit report.

Need help? We’re here.

If you have a question about your Credit Strong account or application, please fill out this form or use Live Chat on our website on the right side of your screen.

Chat messages and voicemails delivered outside of business hours will receive a response on the next business day.

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