Commonwealth Business Bank on Your Credit Report
In short: Commonwealth Business Bank is a state-chartered commercial bank that IS a member of the Federal Reserve System, supervised by the Federal Reserve and its state regulator. The FDIC record lists certificate 57873, a charter dating to 2005, headquarters in Los Angeles, CA, and 13 FDIC-reported offices holding $1.97 billion in assets as of 06/30/2026. An account reported by Commonwealth Business Bank is furnished by the bank itself, so your FCRA §623 rights attach to Commonwealth Business Bank directly, in addition to the §611 route through Equifax, Experian and TransUnion. 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 Commonwealth Business Bank actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
Commonwealth Business Bank appears in the FDIC's active-institution file as certificate 57873, established March 3, 2005. As of the 06/30/2026 call report it carried $1.97 billion in total assets and 13 FDIC-reported offices, an average of about $151 million per office.
How Commonwealth Business Bank appears on your credit report
With $1.97 billion across 13 FDIC-reported offices, Commonwealth Business Bank sits well below the national card issuers in scale. That matters for a dispute: a regional bank in Los Angeles, CA is more likely to route your letter to a named person than to an automated queue, so citing the specific field in error — balance, status, date of first delinquency — usually gets further than a blanket denial of the debt.
Names it may report under
Products that commonly show up
- ◆Deposit-secured and share-secured credit lines opened at Commonwealth Business Bank
- ◆Home-equity lines and mortgage accounts serviced under the Commonwealth Business Bank name
- ◆Personal installment loans originated at Commonwealth Business Bank offices
Grounds to dispute a Commonwealth Business Bank entry
Each of these is a reason a Commonwealth Business Bank tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆Account transferred between Commonwealth Business Bank systems after a core conversion and duplicated
- ◆Account reported under a predecessor institution name after a merger into Commonwealth Business Bank
- ◆Payment posted at Commonwealth Business Bank in Los Angeles, CA but reported late because of a processing-date mismatch
- ◆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
Commonwealth Business Bank 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, Commonwealth Business Bank 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 Commonwealth Business Bank a direct written dispute. It must investigate and must not continue reporting information it knows is inaccurate. Keep copies and proof of delivery.
Commonwealth Business Bank questions, answered
Is Commonwealth Business Bank FDIC-insured, and what is its certificate number?
Yes. Commonwealth Business Bank holds FDIC certificate 57873. The FDIC record shows a charter established March 3, 2005, headquarters in Los Angeles, CA, and 13 FDIC-reported offices with $1.97 billion in total assets as of the 06/30/2026 call report. It is a state-chartered commercial bank that IS a member of the Federal Reserve System, supervised by the Federal Reserve and its state regulator.
Who regulates Commonwealth Business Bank, and where do I escalate if a dispute fails?
Commonwealth Business Bank is a state-chartered commercial bank that IS a member of the Federal Reserve System, supervised by the Federal Reserve and its state regulator, so its primary federal oversight comes from the Federal Reserve, working alongside the state banking department. If a dispute with the bank and the bureaus both fail, you can complain to the Federal Reserve, to the CA state regulator, or to the CFPB. That does not replace your FCRA rights — it is an escalation path on top of them.
How old is the Commonwealth Business Bank charter, and why does that matter for my credit report?
Commonwealth Business Bank is a comparatively modern charter, established March 3, 2005. A newer institution will not have the long merger chain older banks carry, so the furnisher name on your report should match the bank you actually dealt with. If it does not, that is itself a reason to dispute: the FCRA requires the furnisher to be identified accurately.
How big is Commonwealth Business Bank, and what does that mean for disputing an account?
Commonwealth Business Bank reports $1.97 billion across 13 FDIC-reported offices — roughly $151 million per office. The FDIC's office figure counts all reported locations, including non-retail ones such as loan-production sites, so it should be read as a reported footprint rather than a branch count. For a dispute, the practical point is that an institution this size normally handles consumer files with identifiable staff rather than a fully automated queue.
How do I dispute a Commonwealth Business Bank account on my credit report?
You have two free routes and you can use both yourself without paying anyone. Under FCRA §611 you may dispute with Equifax, Experian and TransUnion, and under FCRA §623 you may dispute directly with Commonwealth Business Bank as the furnisher. Put it in writing, identify the account by its last four digits and open date, state specifically what is inaccurate rather than simply saying you disagree, and keep copies and proof of delivery. Whether an item changes depends entirely on what Commonwealth Business Bank can verify, and results vary from case to case.
Does CA law change anything about a Commonwealth Business Bank account?
Keep two clocks separate. The FCRA reporting window is federal and does not vary by state. Your state's statute of limitations — how long anyone can successfully sue you — is separate and independent: a debt can be too old to sue over yet still report legitimately, or drop off your report while remaining collectable. Commonwealth Business Bank being headquartered in Los Angeles, CA does not make CA law automatically yours; the limitation period usually follows where you live and what the contract says. Check your own state's rule, and note that making a payment restarts that clock in many states.
How long can a Commonwealth Business Bank account stay on my credit report?
About seven years, measured from the date of first delinquency on the Commonwealth Business Bank account rather than from any later event. A charge-off, a sale to a debt buyer, or a transfer of servicing does not reset that clock, and neither does a payment you make now. Pull your report, find the date of first delinquency Commonwealth Business Bank furnished, and if it does not match when you actually fell behind, that discrepancy is disputable on its own.
Does Commonwealth Business Bank appear in the CFPB complaint database?
We do not publish a complaint figure for Commonwealth Business Bank. The CFPB database is keyed to company names that do not map cleanly onto FDIC certificate 57873, and attributing another company's complaint volume to this bank would be inaccurate. If you want to check for yourself, search the CFPB's public complaint database directly by company name. If you have an unresolved problem with this bank you can also file your own complaint there at no cost.
What is the difference between disputing with Commonwealth Business Bank and disputing with a collection agency?
Commonwealth Business Bank furnishes the account itself; a collection agency only handles it after the fact. Practically, that means the FDCPA's validation right under §809 is available against the agency but not against Commonwealth Business Bank, while the FCRA §623 accuracy duty applies to Commonwealth Business Bank directly. If both appear on your report for the same debt, check that they are not reporting duplicate balances — one account should not show as two open obligations.
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 Commonwealth Business Bank; 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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