Farmers and Merchants State Bank, Bloomfield, Nebraska on Your Credit Report
In short: Headquartered in Bloomfield, Nebraska, Farmers and Merchants State Bank, Bloomfield, Nebraska is a state-chartered commercial bank that is not a member of the Federal Reserve System. FDIC records place the charter date at January 1, 1895 under certificate 13662; it is a nineteenth-century charter, which means its paper records long predate electronic furnishing and conversions have had decades to introduce artifacts. As of the 06/30/2026 call report, Farmers and Merchants State Bank, Bloomfield, Nebraska held $233 million in assets and operated 6 FDIC-reported offices. As the originating furnisher, Farmers and Merchants State Bank, Bloomfield, Nebraska holds the source records, so a §623 dispute and a §611 bureau dispute can run in parallel. 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 Farmers and Merchants State Bank actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
Farmers and Merchants State Bank, Bloomfield, Nebraska operates 6 FDIC-reported offices out of Bloomfield, Nebraska, under certificate 13662, and the 06/30/2026 call report puts its total assets at $233 million on a charter dating to January 1, 1895.
How Farmers and Merchants State Bank appears on your credit report
Farmers and Merchants State Bank, Bloomfield, Nebraska 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 Farmers and Merchants State Bank can verify, and that differs case to case.
Names it may report under
Products that commonly show up
- ◆Personal lines of credit tied to a Farmers and Merchants State Bank deposit relationship
- ◆Consumer installment loans booked across its branch network
- ◆Mortgage and home-equity credit originated in its Nebraska market
Grounds to dispute a Farmers and Merchants State Bank entry
Each of these is a reason a Farmers and Merchants State Bank tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆Account settled with Farmers and Merchants State Bank still reporting the original charged-off balance
- ◆Overdraft balance reported as a loan default rather than a deposit item
- ◆Payment posted at a branch on time but credited after the due date
- ◆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
Farmers and Merchants State Bank, Bloomfield, Nebraska 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, Farmers and Merchants State Bank, Bloomfield, Nebraska 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 Farmers and Merchants State Bank, Bloomfield, Nebraska a direct written dispute. It must investigate and must not continue reporting information it knows is inaccurate. Keep copies and proof of delivery.
Farmers and Merchants State Bank, Bloomfield, Nebraska questions, answered
Is Farmers and Merchants State Bank, Bloomfield, Nebraska FDIC-insured, and what is its certificate number?
Yes — deposits are FDIC-insured under certificate 13662. That record lists Farmers and Merchants State Bank, Bloomfield, Nebraska as a state-chartered commercial bank that is not a member of the Federal Reserve System headquartered in Bloomfield, NE, chartered January 1, 1895, with $233 million in assets across 6 FDIC-reported offices on the 06/30/2026 call report.
Who regulates Farmers and Merchants State Bank, Bloomfield, Nebraska, 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, Farmers and Merchants State Bank, Bloomfield, Nebraska 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 Farmers and Merchants State Bank, Bloomfield, Nebraska?
None is listed. Farmers and Merchants State Bank, Bloomfield, Nebraska did not match any company key in the CFPB credit-card complaint dataset on an exact-name basis, and we decline to estimate from a loose match. You can search the public database yourself at consumerfinance.gov.
How long can a Farmers and Merchants State Bank charge-off stay on my credit report?
The FCRA ceiling is roughly seven years measured from the date of first delinquency on the Farmers and Merchants State Bank 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 Farmers and Merchants State Bank, Bloomfield, Nebraska and disputing with a collector?
Farmers and Merchants State Bank, Bloomfield, Nebraska is the original creditor and holds the underlying file — application, statements, posting history. A collector holds only what was transferred with the account. That is why a §623 dispute to Farmers and Merchants State Bank tends to resolve factual questions a collector simply cannot answer.
Does Farmers and Merchants State Bank, Bloomfield, Nebraska 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 Farmers and Merchants State Bank, a varying balance usually reflects different refresh dates; a varying account status or date of first delinquency is the real signal.
Farmers and Merchants State Bank, Bloomfield, Nebraska was acquired or changed names — why does my report show two accounts?
A single account showing twice is a classic conversion artifact. When Farmers and Merchants State Bank migrates an account between core systems or through an acquisition, the old and new furnisher names can both persist. Ask for deletion of the duplicate, not a closed-status update — a closed duplicate still counts against utilization. In this case the charter is a nineteenth-century charter, which means its paper records long predate electronic furnishing and conversions have had decades to introduce artifacts.
Can I dispute Farmers and Merchants State Bank, Bloomfield, Nebraska 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 Farmers and Merchants State Bank 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 Farmers and Merchants State Bank, Bloomfield, Nebraska 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. Match the Farmers and Merchants State Bank entry to your statements before writing. A specific, documented inaccuracy moves an investigation that a blanket request will not.
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 Farmers and Merchants State Bank, Bloomfield, Nebraska; 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.
Ready to Improve Your Credit Score?
Take the first step towards financial freedom today. Schedule your free consultation with our credit repair experts.