Lake-Osceola State Bank on Your Credit Report
In short: Headquartered in Baldwin, MI, Lake-Osceola State Bank has operated under FDIC certificate 8172 since its charter was established in 1908. Its 06/30/2026 call report shows $469 million in total assets and 13 FDIC-reported offices. 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. Because Lake-Osceola State Bank furnishes the tradeline itself, the FCRA §623 accuracy duty runs directly against the bank — so you can dispute with it as well as with the three bureaus. 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 Lake-Osceola State Bank actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
Lake-Osceola State Bank was chartered January 1, 1908 and is insured under FDIC certificate 8172. It reported $469 million in total assets and 13 FDIC-reported offices on its 06/30/2026 call report — about $36 million per reported office across its MI footprint.
How Lake-Osceola State Bank appears on your credit report
Lake-Osceola State Bank furnishes its own tradelines rather than selling them to a servicer, and at $469 million over 13 FDIC-reported offices it does so from a single MI operation. A 118-year-old charter of this size often carries accounts through legacy core systems, which is exactly where date and status fields get mangled — so ask in writing what the furnished date of first delinquency is and compare it against your own records.
Names it may report under
Products that commonly show up
- ◆Small-business loans backed by a personal pledge from the owner, which can report on a personal file
- ◆Construction and lot loans that convert to permanent financing
- ◆Residential mortgages retained in portfolio rather than sold to an investor
Grounds to dispute a Lake-Osceola State Bank entry
Each of these is a reason a Lake-Osceola State Bank tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆Authorised-user or co-borrower account reported as the primary obligation
- ◆Closed Lake-Osceola State Bank deposit-secured line still reporting as an open revolving account
- ◆Loan modified or deferred by Lake-Osceola State Bank but still reporting the original delinquent status
- ◆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
Lake-Osceola 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, Lake-Osceola 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 Lake-Osceola 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.
Lake-Osceola State Bank questions, answered
Is Lake-Osceola State Bank FDIC-insured, and what is its certificate number?
Yes. Lake-Osceola State Bank holds FDIC certificate 8172. The FDIC record shows a charter established January 1, 1908, headquarters in Baldwin, MI, and 13 FDIC-reported offices with $469 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 Lake-Osceola State Bank, and where do I escalate if a dispute fails?
Lake-Osceola State Bank 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 comes from the FDIC, working alongside the state banking department. If a dispute with the bank and the bureaus both fail, you can complain to the FDIC, to the MI 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 Lake-Osceola State Bank charter, and why does that matter for my credit report?
Lake-Osceola State Bank's charter predates the Federal Reserve (1913) and federal deposit insurance (1933) entirely — it was established in 1908 and later became an FDIC-insured institution. A charter that old frequently sits behind decades of mergers, so an old account may have been opened under a predecessor name. If the tradeline you are disputing shows a name you do not recognise, ask Lake-Osceola State Bank in writing which predecessor institution originated it; the furnisher is obliged to report the account accurately regardless of how many name changes it has been through.
How big is Lake-Osceola State Bank, and what does that mean for disputing an account?
Lake-Osceola State Bank reports $469 million across 13 FDIC-reported offices — roughly $36 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 Lake-Osceola State 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 Lake-Osceola State 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 Lake-Osceola State Bank can verify, and results vary from case to case.
Does MI law change anything about a Lake-Osceola State 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. Lake-Osceola State Bank being headquartered in Baldwin, MI does not make MI 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 Lake-Osceola State Bank account stay on my credit report?
The FCRA window runs about seven years from the date of first delinquency — the first payment you missed on the Lake-Osceola State Bank account and never caught up on. It does not run from the charge-off date, the sale date, or the date Lake-Osceola State Bank last updated the tradeline. Watch for re-aging: if the furnished date drifts later than your own records show, dispute the date itself, because that is an accuracy problem independent of the balance.
Does Lake-Osceola State Bank appear in the CFPB complaint database?
We do not publish a complaint figure for Lake-Osceola State Bank. The CFPB database is keyed to company names that do not map cleanly onto FDIC certificate 8172, 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 Lake-Osceola State Bank and disputing with a collection agency?
Lake-Osceola State Bank is the original creditor — the furnisher whose name was on the account when it was opened — while a collection agency is a third party that bought or was assigned it later. That changes your tools. Against a collector, FDCPA §809 lets you demand validation within 30 days of first contact. That right does not apply to Lake-Osceola State Bank; against an original creditor your leverage is the FCRA §623 accuracy duty. Different deadlines, different evidence — so check which party is actually listed as furnishing the account before you write, because sending the wrong letter to the wrong party wastes the clock.
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 Lake-Osceola 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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