Pilgrim Bank on Your Credit Report
In short: Pilgrim 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. The FDIC record lists certificate 16891, a charter dating to 1911, headquarters in Pittsburg, TX, and 14 FDIC-reported offices holding $715 million in assets as of 06/30/2026. An account reported by Pilgrim Bank is furnished by the bank itself, so your FCRA §623 rights attach to Pilgrim Bank 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 Pilgrim Bank actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
Pilgrim Bank has been in continuous operation for 115 years, chartered January 1, 1911 and carried on the FDIC's books as certificate 16891. Its 06/30/2026 call report shows 14 FDIC-reported offices and $715 million in total assets, averaging roughly $51 million per office.
How Pilgrim Bank appears on your credit report
Because Pilgrim Bank is regional — $715 million in assets, 14 FDIC-reported offices, headquartered in Pittsburg, TX — its credit-reporting function is rarely a dedicated department. Disputes sent under FCRA §623 should identify the account by last four digits and open date and state precisely which field is inaccurate, because a vague dispute is far more likely to come back simply "verified".
Names it may report under
Products that commonly show up
- ◆Overdraft lines of credit attached to Pilgrim Bank deposit accounts
- ◆Deposit-secured and share-secured credit lines opened at Pilgrim Bank
- ◆Home-equity lines and mortgage accounts serviced under the Pilgrim Bank name
Grounds to dispute a Pilgrim Bank entry
Each of these is a reason a Pilgrim Bank tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆Account transferred between Pilgrim Bank systems after a core conversion and duplicated
- ◆Account reported under a predecessor institution name after a merger into Pilgrim Bank
- ◆Payment posted at Pilgrim Bank in Pittsburg, TX but reported late because of a processing-date mismatch
- ◆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
Pilgrim 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, Pilgrim 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 Pilgrim Bank a direct written dispute. It must investigate and must not continue reporting information it knows is inaccurate. Keep copies and proof of delivery.
Pilgrim Bank questions, answered
Is Pilgrim Bank FDIC-insured, and what is its certificate number?
Yes. Pilgrim Bank holds FDIC certificate 16891. The FDIC record shows a charter established January 1, 1911, headquarters in Pittsburg, TX, and 14 FDIC-reported offices with $715 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 Pilgrim Bank, and where do I escalate if a dispute fails?
Pilgrim 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 TX 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 Pilgrim Bank charter, and why does that matter for my credit report?
Pilgrim Bank's charter predates the Federal Reserve (1913) and federal deposit insurance (1933) entirely — it was established in 1911 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 Pilgrim 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 Pilgrim Bank, and what does that mean for disputing an account?
Pilgrim Bank reports $715 million across 14 FDIC-reported offices — roughly $51 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 Pilgrim 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 Pilgrim 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 Pilgrim Bank can verify, and results vary from case to case.
Does TX law change anything about a Pilgrim 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. Pilgrim Bank being headquartered in Pittsburg, TX does not make TX 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 Pilgrim 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 Pilgrim Bank account and never caught up on. It does not run from the charge-off date, the sale date, or the date Pilgrim 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 Pilgrim Bank appear in the CFPB complaint database?
We do not publish a complaint figure for Pilgrim Bank. The CFPB database is keyed to company names that do not map cleanly onto FDIC certificate 16891, 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 Pilgrim Bank and disputing with a collection agency?
Pilgrim Bank furnishes the account itself; a collection agency only handles it after the fact. Practically, that means the FDCPA's validation right under §809 is available against the agency but not against Pilgrim Bank, while the FCRA §623 accuracy duty applies to Pilgrim Bank directly. If both appear on your report for the same debt, check that they are not reporting duplicate balances — one account should not show as two open obligations.
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 Pilgrim 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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