KodaBank on Your Credit Report
In short: KodaBank is a state-chartered commercial bank that is not a member of the Federal Reserve System, supervised by the FDIC and its state regulator, operating from Drayton, ND on a charter established in 1916. FDIC certificate 8386 records 12 FDIC-reported offices and $560 million in total assets on the 06/30/2026 call report. An account reported by KodaBank is furnished by the bank itself, so your FCRA §623 rights attach to KodaBank 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 KodaBank actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
KodaBank is a 110-year-old ND institution chartered April 1, 1916, operating 12 FDIC-reported offices with $560 million in total assets as of the 06/30/2026 call report, under FDIC certificate 8386.
How KodaBank appears on your credit report
KodaBank is a regional lender headquartered in Drayton, ND, with 12 FDIC-reported offices and $560 million in assets, on a charter 110 years old. At this size a single account is often handled by a small team, which cuts both ways — errors are less likely to be systemic, but when one occurs there may be no automated process to catch it. A short, specific letter that points to one incorrect field usually gets a cleaner response than a broad demand to remove the account.
Names it may report under
Products that commonly show up
- ◆Consumer installment loans for vehicles, equipment or debt consolidation
- ◆Agricultural operating lines carried on the owner’s personal file
- ◆Deposit-secured personal lines of credit
Grounds to dispute a KodaBank entry
Each of these is a reason a KodaBank tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆Closed KodaBank deposit-secured line still reporting as an open revolving account
- ◆Business loan personally pledged by the owner reporting on the personal file without the pledge in place
- ◆Charge-off reported by KodaBank after the account was settled in full
- ◆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
KodaBank 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, KodaBank 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 KodaBank a direct written dispute. It must investigate and must not continue reporting information it knows is inaccurate. Keep copies and proof of delivery.
KodaBank questions, answered
Is KodaBank FDIC-insured, and what is its certificate number?
Yes. KodaBank holds FDIC certificate 8386. The FDIC record shows a charter established April 1, 1916, headquarters in Drayton, ND, and 12 FDIC-reported offices with $560 million in total assets as of the 06/30/2026 call report. It is a state-chartered commercial bank that is not a member of the Federal Reserve System, supervised by the FDIC and its state regulator.
Who regulates KodaBank, and where do I escalate if a dispute fails?
KodaBank is a state-chartered commercial bank that is not a member of the Federal Reserve System, supervised by the FDIC and its state regulator, so its primary federal oversight runs through the FDIC and its state banking regulator. If a dispute with the bank and the bureaus does not resolve an inaccuracy, you can file a complaint with the Consumer Financial Protection Bureau, and you retain a private right of action under FCRA §§616–617. Escalating does not require a third party — you can do all of it yourself at no cost.
How many credit-card complaints does the CFPB show against KodaBank?
None that can be attributed with confidence. KodaBank does not appear as a distinct company in the CFPB's credit-card complaint data for 2025 onward, which is unsurprising for a 12-office community bank rather than a national card issuer. We do not publish a figure matched by partial name, because similar names belong to unrelated companies and attributing another firm's complaints to KodaBank would be inaccurate. You can search the CFPB database yourself at consumerfinance.gov.
How long can a KodaBank charge-off stay on my credit report?
A charged-off KodaBank account can generally report for up to seven years from the date of first delinquency — the original missed payment that was never brought current, not the date KodaBank charged it off and not the date it was sold to a collector. If that date has been moved forward, the re-aging is itself a reportable FCRA inaccuracy.
What is the difference between disputing with KodaBank and disputing with a collector?
The records live in different places. KodaBank originated the account in Drayton, so it holds the signed documents and the posting history; a collector works from a data file. That is why disputing the KodaBank tradeline directly under FCRA §623 can surface proof that a collector could not produce.
Does KodaBank report to all three credit bureaus?
Usually yes, though it is worth verifying rather than assuming. Reporting is voluntary under the FCRA, and a bank the size of KodaBank — 12 offices, $560 million in assets — may furnish to only one or two bureaus, each on its own cycle. Pull all three before concluding a KodaBank account is missing or wrong: a balance difference between bureaus is usually a timing artifact, while a difference in payment history, account status or date of first delinquency is worth disputing.
KodaBank was acquired or changed names — why does my report show two accounts?
Charter consolidations are common in this part of the industry. A converted KodaBank account can briefly appear under both the old and the new furnisher name. One tradeline should remain; the duplicate should be deleted rather than simply marked closed, because a duplicate still affects utilization and account counts. Dispute it as a duplicate and identify both versions by their last four digits and open dates — for a charter dating to 1916, core-system conversions are the usual cause.
Can I dispute KodaBank reporting myself, without paying anyone?
Yes. Both routes — FCRA §611 through Equifax, Experian and TransUnion, and FCRA §623 directly with KodaBank — are free and open to you. No one can lawfully promise a specific outcome or score change, and results vary with what the bank can verify. Paid help is a convenience, never a requirement.
What should I check first on KodaBank reporting?
Start with the date of first delinquency, the account status and the high balance or credit limit. Those three drive how long the item reports and how much it weighs. For a 110-year-old lender like KodaBank, older accounts that were converted during a core-system or charter change are the most common source of stale status codes and incorrect open dates.
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 KodaBank; 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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