CBNA stands for Citibank North America, which is a major consumer and business banking institution in the United States. CBNA is often seen on credit reports, and it usually indicates that Citibank has conducted a hard credit inquiry on the account. However, CBNA on a credit report may also stand for Credit Bureau of North America, Community Bank N.A, or Comenity Bank. Heres what each one of them means:
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Credit Bureau of North America: It is a debt collection agency that collects unpaid debts on behalf of third-party companies. If you have an open account with the Credit Bureau of North America, it means that you have an unpaid debt that theyre attempting to collect.
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Community Bank N.A: It is a small bank that offers personal and business banking services to residents in New York and Pennsylvania. If you applied for a loan or line of credit, it could conduct a hard inquiry.
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Comenity Bank: It is a credit card provider that helps manage store credit cards for large brands, such as Victoria’s Secret. If you recently applied for a store credit card, it may conduct a hard inquiry.
If you see CBNA on your credit report and you havent applied for an account with a CBNA institution, you should take steps to protect your identity from fraud.
