Goodfield State Bank on Your Credit Report
In short: Headquartered in Goodfield, Illinois, Goodfield State Bank is a state-chartered bank that is not a member of the Federal Reserve System, supervised by the FDIC and its state regulator. The charter behind FDIC certificate 11699 dates to December 14, 1920 — a charter older than the FDIC itself. At the 06/30/2026 reporting date the bank showed $286 million in total assets and 6 FDIC-reported offices. Goodfield State Bank 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 available 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 Goodfield State Bank actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
Goodfield State Bank carries FDIC certificate 11699, operates 6 FDIC-reported offices and reported $286 million in assets on its most recent call report in Goodfield, Illinois.
How Goodfield State Bank appears on your credit report
Goodfield State Bank furnishes this tradeline directly rather than acquiring it, so the underlying documentation sits with the bank itself. Chartered in Illinois and operating 6 FDIC-reported offices, Goodfield State Bank handles disputes against its own records. Put it in writing, name the specific field you say is inaccurate, and file the §611 dispute alongside it. No outcome is promised — what happens depends on the underlying documentation.
Names it may report under
Products that commonly show up
- ◆Consumer installment and personal lending across its 6 Illinois offices
- ◆Residential mortgage and home-equity lending in and around Goodfield
- ◆Overdrawn deposit balances charged off and referred out for collection
Grounds to dispute a Goodfield State Bank entry
Each of these is a reason a Goodfield State Bank tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆Payment made at a Goodfield teller window credited a day late and reported as delinquent
- ◆Balance not updated to zero after Goodfield State Bank completed the payoff
- ◆Single Goodfield State Bank account reporting twice following a data migration
- ◆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
Goodfield State 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, Goodfield State 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 Goodfield State Bank a direct written dispute. It must investigate and must not continue reporting information it knows is inaccurate. Keep copies and proof of delivery.
Goodfield State Bank questions, answered
Does the FDIC insure deposits at Goodfield State Bank?
It is insured, and certificate 11699 is the number to quote. The FDIC lists a state-chartered bank that is not a member of the Federal Reserve System, supervised by the FDIC and its state regulator, headquartered Goodfield, IL, chartered December 14, 1920, reporting $286 million and 6 offices as of 06/30/2026.
Who regulates Goodfield State Bank, and where do I escalate if a dispute fails?
Goodfield State Bank answers primarily to the FDIC and its state banking regulator. If a §611 and a §623 dispute both return "verified" against paperwork you hold, take it to the CFPB; FCRA §§616–617 also create a private right of action. You do not need to pay anyone to do either. The Goodfield State Bank head office in Goodfield is the right address for the written record.
How many credit-card complaints does the CFPB show against Goodfield State Bank?
No number is published here. When we queried the CFPB credit-card complaint data, no company key matched Goodfield State Bank exactly, and we will not approximate one by partial-name matching — that routinely pulls in unrelated companies with similar names. Rather than imply a count we cannot source, we leave it out. The database is public and searchable at consumerfinance.gov.
When does a Goodfield State Bank charge-off fall off my report?
The seven-year window runs from first delinquency on the underlying Goodfield State Bank account. Transfers, charge-offs and sales are irrelevant to that date. A first-delinquency field that shifts forward on a later pull is re-aging and should be disputed on that basis alone.
What is the difference between disputing with Goodfield State Bank and disputing with a collector?
Go to whoever holds the documents. Goodfield State Bank has the signed application and the posting history; an assignee generally has a spreadsheet row. That is why a §623 direct dispute to Goodfield State Bank tends to produce a substantive answer rather than a rubber-stamp verification.
Does Goodfield State Bank report to all three credit bureaus?
There is no legal requirement to furnish to every bureau, and Goodfield State Bank, operating 6 offices, may not. Pull all three files and compare. A balance that differs between bureaus usually reflects different refresh dates; a status or first-delinquency date that differs is the real signal worth disputing with Goodfield State Bank.
I see duplicate Goodfield State Bank tradelines — is that allowed?
One account showing twice is a classic conversion artifact. Goodfield State Bank has operated since 1920, and a charter that old has usually been through at least one core-system migration. An account may legitimately appear under a predecessor name, but the same debt must not report twice with two balances. Dispute the duplicate and name both tradelines.
Do I need to hire someone to dispute a Goodfield State Bank entry?
No payment is required. Writing to the bureaus under §611 or to Goodfield State Bank under §623 costs you postage. Paid help is optional and cannot unlock anything extra; results depend entirely on what the documentation shows, and accurate entries stay put.
Where is Goodfield State Bank headquartered, and does that affect my dispute?
Goodfield State Bank is headquartered in Goodfield, Illinois, with 6 FDIC-reported offices. Headquarters does not change your federal rights — the FCRA applies identically everywhere — but it does tell you which state banking regulator shares oversight, which matters if you escalate past the CFPB.
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 Goodfield State 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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