First Mid Bank & Trust, National Association on Your Credit Report
In short: First Mid Bank & Trust, National Association is a nationally chartered commercial bank regulated by the OCC, headquartered in Mattoon, Illinois, operating under FDIC certificate 3705 on a charter established in 1865. The FDIC records 87 offices and $9.1 billion in total assets. It is a regional retail bank concentrated around Illinois and neighbouring states rather than a national issuer. 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 First Mid Bank & Trust actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
First Mid Bank & Trust operates on FDIC certificate 3705, a charter established in 1865 and now 161 years old, and reports 87 offices and $9.1 billion in assets from Mattoon, Illinois.
How First Mid Bank & Trust appears on your credit report
As an original creditor, First Mid Bank & Trust is the furnisher of its own tradelines under FCRA §623 — not an assignee like a collection agency. That matters because you can dispute directly with First Mid Bank & Trust as well as with the bureaus, and the bank must investigate and correct what it cannot verify.
Names it may report under
Products that commonly show up
- ◆First Mid Bank & Trust checking and savings accounts
- ◆Mortgages and home equity lines
- ◆Personal loans and lines of credit
Grounds to dispute a First Mid Bank & Trust entry
Each of these is a reason a First Mid Bank & Trust tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆Account still reporting under a bank First Mid Bank & Trust acquired, creating a duplicate tradeline
- ◆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
First Mid Bank & Trust, National Association 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, First Mid Bank & Trust, National Association 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 First Mid Bank & Trust, National Association a direct written dispute. It must investigate and must not continue reporting information it knows is inaccurate. Keep copies and proof of delivery.
First Mid Bank & Trust, National Association questions, answered
Is First Mid Bank & Trust FDIC-insured?
Yes. First Mid Bank & Trust, National Association holds FDIC certificate 3705, established in 1865, and is a nationally chartered commercial bank regulated by the OCC. Its FDIC record lists Mattoon, Illinois as the charter location with 87 offices.
How do I dispute a First Mid Bank & Trust account on my credit report?
You can dispute with Equifax, Experian and TransUnion under FCRA §611, and directly with First Mid Bank & Trust as the furnisher under FCRA §623. Both routes are free and you can do them yourself without paying anyone. Put it in writing, identify the account by its last four digits and open date, state specifically what is inaccurate, and keep copies. Whether an item changes depends on what First Mid Bank & Trust can verify, and results vary.
How long can a First Mid Bank & Trust account stay on my credit report?
A negative account can generally report for up to seven years from the date of first delinquency — the original missed payment that was never brought current. That clock does not restart because the account was charged off, sold to a debt buyer, or transferred to another servicer. If the date of first delinquency has been moved forward, that re-aging is itself a reportable FCRA inaccuracy worth disputing.
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 First Mid Bank & Trust, National Association; 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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