BankFlorida on Your Credit Report
In short: BankFlorida is a community-scale lender operating as a state-chartered commercial bank that is not a member of the Federal Reserve System, based in Dade City, Florida. FDIC records place the charter date at August 27, 2007 under certificate 58537; it is a modern charter that has been electronic from the start, which usually means cleaner history but also means an error propagates automatically once introduced. As of the 06/30/2026 call report, BankFlorida held $460 million in assets and operated 6 FDIC-reported offices. BankFlorida is the furnisher of record on accounts it originates, so both the §623 route to the bank and the §611 route through the bureaus are open to you. Information that is inaccurate, incomplete, or unverifiable can be disputed under the FCRA. Outcomes depend on what the furnisher can verify, and results vary.
Who BankFlorida actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
BankFlorida operates 6 FDIC-reported offices out of Dade City, Florida, under certificate 58537, and the 06/30/2026 call report puts its total assets at $460 million on a charter dating to August 27, 2007.
How BankFlorida appears on your credit report
BankFlorida is an original creditor, not a collector, and that changes the mechanics. With 6 offices, the branch that opened the account is often still the fastest route to the original paperwork — ask for it by branch, not just by account number. Identify the account precisely, challenge one field at a time, and keep proof of mailing. What changes depends on what BankFlorida can verify, and that differs case to case.
Names it may report under
Products that commonly show up
- ◆Mortgage and home-equity credit originated in its Florida market
- ◆Consumer accounts originated across its 6 Florida offices
- ◆Deposit-account overdraft balances referred for collection
Grounds to dispute a BankFlorida entry
Each of these is a reason a BankFlorida tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆Duplicate tradeline created when BankFlorida converted its loan platform
- ◆Business loan with a personal guaranty reported on the individual's consumer file
- ◆Loan paid off at maturity still showing an open balance
- ◆Account balance or credit limit reported incorrectly
- ◆Payment reported late when it was made inside the grace period
- ◆Date of first delinquency re-aged to extend how long it can report
- ◆Account still reporting as open after it was closed, or vice versa
- ◆Duplicate tradeline for the same account after an internal transfer
- ◆Account belongs to someone else with a similar name, or is the result of identity theft
Disputing an original creditor is not the same as disputing a collector
BankFlorida is an original creditor — the institution whose name was on the account when it was opened. That matters for two reasons. First, the FDCPA, which governs debt collectors, generally does not apply to a creditor collecting its own debt in its own name, so the “debt validation” request that works against a collection agency is not the right tool here. Second, as the furnisher of the tradeline, BankFlorida has direct obligations under FCRA §623 to investigate a dispute you send it and to correct or delete information it cannot verify as accurate.
Dispute with the bureaus — FCRA §611
File with Equifax, Experian and TransUnion. They must generally investigate within 30 days and tell the furnisher. Free, and you can do it yourself.
Dispute with the furnisher — FCRA §623
Send BankFlorida a direct written dispute. It must investigate and must not continue reporting information it knows is inaccurate. Keep copies and proof of delivery.
BankFlorida questions, answered
Is BankFlorida FDIC-insured, and what is its certificate number?
Yes — deposits are FDIC-insured under certificate 58537. That record lists BankFlorida as a state-chartered commercial bank that is not a member of the Federal Reserve System headquartered in Dade City, FL, chartered August 27, 2007, with $460 million in assets across 6 FDIC-reported offices on the 06/30/2026 call report.
Who regulates BankFlorida, and where do I escalate if a dispute fails?
As a state-chartered commercial bank that is not a member of the Federal Reserve System, BankFlorida answers primarily to the FDIC and its state banking regulator. Where a §611 and a §623 dispute both come back verified against documentation you hold, escalate to the CFPB, and note that FCRA §§616–617 create a private right of action. You do not need to hire anyone to take either step.
How many credit-card complaints does the CFPB show against BankFlorida?
We do not publish a figure for BankFlorida. An exact-name query against the CFPB's credit-card complaint company list returned no match, and partial-name matching is unreliable enough to attach another company's complaints to this one. The public database at consumerfinance.gov is searchable directly.
How long can a BankFlorida charge-off stay on my credit report?
The FCRA ceiling is roughly seven years measured from the date of first delinquency on the BankFlorida account. That anchor date does not reset when the balance is charged off, sold, or transferred. A tradeline whose delinquency date drifts later has been re-aged, and re-aging is a reportable inaccuracy in its own right.
What is the difference between disputing with BankFlorida and disputing with a collector?
BankFlorida is the original creditor and holds the underlying file — application, statements, posting history. A debt buyer or agency works from whatever data came across in the transfer, which is often a single summary line. A §623 dispute to BankFlorida reaches the source documents instead.
Does BankFlorida report to all three credit bureaus?
There is no legal requirement to report to every bureau, and banks this size often do not. Compare all three files first. With BankFlorida, a varying balance usually reflects different refresh dates; a varying account status or date of first delinquency is the real signal.
BankFlorida was acquired or changed names — why does my report show two accounts?
A single account showing twice is a classic conversion artifact. When BankFlorida migrates an account between core systems or through an acquisition, the old and new furnisher names can both persist. Request deletion rather than a status change; marking the extra tradeline closed leaves it weighing on your utilization. In this case the charter is a modern charter that has been electronic from the start, which usually means cleaner history but also means an error propagates automatically once introduced.
Can I dispute BankFlorida reporting myself, without paying anyone?
Yes, and at no cost. Both the §611 bureau dispute and the §623 furnisher dispute are rights you already hold — no company is required to exercise them for you. Send BankFlorida a written dispute identifying the exact field at issue, file the same dispute with the bureaus, and retain mailing receipts. What results depends on the underlying file.
What should I check first on BankFlorida reporting?
Start with the date of first delinquency, then the account status, then the high balance or limit — those three drive both the seven-year clock and the scoring weight. Compare the BankFlorida tradeline against your own statements line by line; a single provable discrepancy is worth more than a general complaint.
Other creditors on credit reports
This page is general information about consumer rights, not legal advice, and does not create an attorney-client relationship. Crowned Credit is not affiliated with, endorsed by, or sponsored by BankFlorida; company names are used only to identify the institution a consumer may see on a credit report. Crowned Credit does not promise any particular outcome; results vary by individual circumstances and by what a furnisher is able to verify. Accurate, verifiable information generally cannot be removed from a credit report. You have the right to dispute inaccurate information yourself, for free, directly with the credit bureaus and with the furnisher.
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