Peoples Bank of Kentucky, Inc. on Your Credit Report
In short: Headquartered in Flemingsburg, KY, Peoples Bank of Kentucky, Inc. has operated since 1906 as a state-chartered commercial bank that is not a member of the Federal Reserve System, supervised by the FDIC and its state regulator. The FDIC lists it under certificate 16970 with $565 million in total assets spread across 12 reported offices as of 06/30/2026. Because Peoples Bank of Kentucky, Inc. lends directly rather than servicing another lender's paper, it is the furnisher of record on its own tradelines — which is what gives you a direct FCRA §623 dispute route to the bank alongside the §611 route through 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 Peoples Bank of Kentucky, Inc. actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
Peoples Bank of Kentucky, Inc. has been in continuous operation for 120 years, chartered April 6, 1906 and carried on the FDIC's books as certificate 16970. Its 06/30/2026 call report shows 12 FDIC-reported offices and $565 million in total assets, averaging roughly $47 million per office.
How Peoples Bank of Kentucky, Inc. appears on your credit report
Peoples Bank of Kentucky, Inc. is a regional lender headquartered in Flemingsburg, KY, with 12 FDIC-reported offices and $565 million in assets, on a charter 120 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. Identify the account by its exact last four digits and open date, and state plainly which field is wrong rather than disputing the account as a whole.
Names it may report under
Products that commonly show up
- ◆Residential mortgages retained in portfolio rather than sold to an investor
- ◆Small-business loans backed by a personal pledge from the owner, which can report on a personal file
- ◆Deposit-secured personal lines of credit
Grounds to dispute a Peoples Bank of Kentucky, Inc. entry
Each of these is a reason a Peoples Bank of Kentucky, Inc. tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆Loan modified or deferred by Peoples Bank of Kentucky, Inc. but still reporting the original delinquent status
- ◆Mortgage paid at closing but still showing an outstanding balance with Peoples Bank of Kentucky, Inc.
- ◆Joint account reporting solely against a non-borrowing spouse
- ◆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
Peoples Bank of Kentucky, Inc. 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, Peoples Bank of Kentucky, Inc. 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 Peoples Bank of Kentucky, Inc. a direct written dispute. It must investigate and must not continue reporting information it knows is inaccurate. Keep copies and proof of delivery.
Peoples Bank of Kentucky, Inc. questions, answered
Is Peoples Bank of Kentucky, Inc. FDIC-insured, and what is its certificate number?
Yes. Peoples Bank of Kentucky, Inc. holds FDIC certificate 16970. The FDIC record shows a charter established April 6, 1906, headquarters in Flemingsburg, KY, and 12 FDIC-reported offices with $565 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 Peoples Bank of Kentucky, Inc., and where do I escalate if a dispute fails?
Peoples Bank of Kentucky, Inc. 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 Peoples Bank of Kentucky, Inc.?
None that can be attributed with confidence. Peoples Bank of Kentucky, Inc. 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 Peoples Bank of Kentucky, Inc. would be inaccurate. You can search the CFPB database yourself at consumerfinance.gov.
How long can a Peoples Bank of Kentucky, Inc. charge-off stay on my credit report?
A charged-off Peoples Bank of Kentucky, Inc. 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 Peoples Bank of Kentucky, Inc. 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 Peoples Bank of Kentucky, Inc. and disputing with a collector?
A collector's tradeline is secondary — it restates information supplied to it. Peoples Bank of Kentucky, Inc. is the source. When you dispute with Peoples Bank of Kentucky, Inc. under §623, the investigation runs against the bank's own ledger rather than a purchased summary, so the two routes can produce different outcomes on the same debt.
Does Peoples Bank of Kentucky, Inc. 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 Peoples Bank of Kentucky, Inc. — 12 offices, $565 million in assets — may furnish to only one or two bureaus, each on its own cycle. Pull all three before concluding a Peoples Bank of Kentucky, Inc. 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.
Peoples Bank of Kentucky, Inc. was acquired or changed names — why does my report show two accounts?
A rebrand or merger is the usual explanation. A converted Peoples Bank of Kentucky, Inc. 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 1906, core-system conversions are the usual cause.
Can I dispute Peoples Bank of Kentucky, Inc. reporting myself, without paying anyone?
You can, free of charge. The FCRA gives you the dispute right personally; it is not something that has to be purchased. Send Peoples Bank of Kentucky, Inc. a written dispute identifying the inaccurate field, and send the same to the bureaus. What changes depends on the bank's verification, and no honest party will promise you a number.
What should I check first on Peoples Bank of Kentucky, Inc. 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 120-year-old lender like Peoples Bank of Kentucky, Inc., 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 Peoples Bank of Kentucky, Inc.; 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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