Powell Valley National Bank on Your Credit Report
In short: Powell Valley National Bank runs a national bank chartered by the Office of the Comptroller of the Currency out of Jonesville, Virginia. The FDIC records certificate 6863 with a charter date of January 1, 1888 — a nineteenth-century institution by the FDIC's own dating. As of the 06/30/2026 call report, Powell Valley National Bank held $516 million in assets and operated 7 FDIC-reported offices. Because Powell Valley National Bank originates and keeps its own loans, it furnishes the tradeline directly — which means you can dispute with the bank under §623 and with the bureaus under §611 at the same time. 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 Powell Valley National Bank actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
Powell Valley National Bank reported $516 million in total assets and 7 FDIC-reported offices on its 06/30/2026 call report, operating from Jonesville, Virginia under certificate 6863 since January 1, 1888.
How Powell Valley National Bank appears on your credit report
Treat Powell Valley National Bank as the original creditor here — the dispute mechanics differ from a collector's. At 7 offices the reporting function is handled by a handful of people rather than an automated dispute mill, so precision in your letter matters more than volume. Identify the account by last four digits and open date, say precisely which field is wrong, and run the bureau dispute in parallel rather than sequentially. Whether anything changes depends on the underlying records, and that varies by account.
Names it may report under
Products that commonly show up
- ◆Personal and installment loans originated in-branch
- ◆Mortgage and home-equity credit originated in the Virginia trade area
- ◆Consumer accounts originated across its 7 Virginia offices
Grounds to dispute a Powell Valley National Bank entry
Each of these is a reason a Powell Valley National Bank tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆Mortgage payoff recorded by the title company but not updated by Powell Valley National Bank
- ◆Settled-for-less account reported by Powell Valley National Bank as a full charge-off
- ◆Single Powell Valley National Bank loan appearing twice after a systems 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
Powell Valley National 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, Powell Valley National 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 Powell Valley National Bank a direct written dispute. It must investigate and must not continue reporting information it knows is inaccurate. Keep copies and proof of delivery.
Powell Valley National Bank questions, answered
Is Powell Valley National Bank FDIC-insured, and what is its certificate number?
Yes — deposits are FDIC-insured under certificate 6863. That record lists Powell Valley National Bank as a national bank chartered by the Office of the Comptroller of the Currency headquartered in Jonesville, VA, chartered January 1, 1888, with $516 million in assets across 7 FDIC-reported offices on the 06/30/2026 call report.
Who regulates Powell Valley National Bank, and where do I escalate if a dispute fails?
As a national bank chartered by the Office of the Comptroller of the Currency, Powell Valley National Bank answers primarily to the Office of the Comptroller of the Currency, with the FDIC as deposit insurer. When a §623 dispute to the bank and a §611 dispute to the bureaus both come back verified and you still hold contrary documentation, the next steps are a CFPB complaint and, if needed, the private right of action FCRA §§616–617 gives you. None of that requires paying anyone.
How many credit-card complaints does the CFPB show against Powell Valley National Bank?
No number is published here. When we queried the CFPB credit-card complaint data, no company key matched Powell Valley National 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.
How long can a Powell Valley National Bank charge-off stay on my credit report?
Roughly seven years, counted from the date of first delinquency — the missed payment on the Powell Valley National Bank account that was never brought current. Charging off, selling or transferring the balance does not restart that clock, and a Powell Valley National Bank entry whose delinquency date moves forward has been re-aged.
What is the difference between disputing with Powell Valley National Bank and disputing with a collector?
It comes down to who holds the paperwork. Powell Valley National Bank has the signed application and the full payment ledger; an assignee typically received a summary file. A §623 dispute to Powell Valley National Bank therefore reaches the only party able to verify the detail from source.
Does Powell Valley National Bank report to all three credit bureaus?
Furnishing is voluntary under the FCRA, so a 7-office bank may report to one, two or all three bureaus. Pull all three reports before assuming Powell Valley National Bank made an error — a balance that differs by cycle is normal, while a status or delinquency-date difference is worth a dispute.
Powell Valley National Bank was acquired or changed names — why does my report show two accounts?
A single account showing twice is a classic conversion artifact. When Powell Valley National Bank migrates an account between core systems or through an acquisition, the old and new furnisher names can both persist. Ask for deletion of the duplicate, not a closed-status update — a closed duplicate still counts against utilization. In this case, a charter from the 1800s was kept on paper ledgers for most of its life, and the eventual migration to electronic reporting is a frequent source of date errors.
Can I dispute Powell Valley National Bank reporting myself, without paying anyone?
Yes, and at no cost. Both the §611 bureau dispute and the §623 furnisher dispute are rights you already hold — no company is required to exercise them for you. Write to Powell Valley National Bank naming the specific field you believe is wrong, copy the bureaus, and keep proof of mailing. Outcomes depend on what the records show and vary by account.
What should I check first on Powell Valley National Bank reporting?
Start with the date of first delinquency, then the account status, then the high balance or limit — those three drive both the seven-year clock and the scoring weight. Given that a charter from the 1800s was kept on paper ledgers for most of its life, and the eventual migration to electronic reporting is a frequent source of date errors, pull your own statements and check the Powell Valley National Bank entry field by field. One documented error beats a broad removal request every time.
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 Powell Valley National 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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