Premier Bank of the South on Your Credit Report
In short: Premier Bank of the South is a state-chartered commercial bank that is not a member of the Federal Reserve System, headquartered in Cullman, Alabama. The institution carries FDIC certificate 27118 and a charter dated November 30, 1987. The late-twentieth-century charter date matters here only because a charter from this period was computerised mid-life, and the migration from paper ledgers is a frequent source of date errors. On the 06/30/2026 call report it reported $371 million in total assets and 9 FDIC-reported offices. Because Premier Bank of the South lends on its own balance sheet rather than servicing another lender's paper, it is the furnisher of record on its own tradelines, which 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 Premier Bank of the South actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
Premier Bank of the South holds FDIC certificate 27118, chartered November 30, 1987 in Cullman, Alabama (39 years old), and reported $371 million in total assets across 9 offices on the 06/30/2026 call report.
How Premier Bank of the South appears on your credit report
The distinction that matters: Premier Bank of the South is the original creditor on the account, not a third party that bought it. At $371 million in assets, credit reporting is usually handled by a compact back-office group, so a narrow, specific dispute tends to move faster than a broad one. Pin the account down by last four digits and open date, state precisely which field is inaccurate, and mirror the dispute to all three bureaus so the §611 and §623 tracks proceed together. Whether the tradeline changes depends on what verification turns up; no one can promise you a result.
Names it may report under
Products that commonly show up
- ◆Personal and signature loans originated at its 9 Alabama offices
- ◆First-lien mortgages and home-equity lines on Alabama property
- ◆Small-business and consumer accounts carried on the Premier Bank of the South balance sheet
Grounds to dispute a Premier Bank of the South entry
Each of these is a reason a Premier Bank of the South tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆Alabama home-equity line closed at refinance yet still reporting open with Premier Bank of the South
- ◆Paid-in-full installment loan still showing a Premier Bank of the South charge-off status
- ◆Duplicate Premier Bank of the South tradeline created when the account migrated between core systems
- ◆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
Premier Bank of the South 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, Premier Bank of the South 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 Premier Bank of the South a direct written dispute. It must investigate and must not continue reporting information it knows is inaccurate. Keep copies and proof of delivery.
Premier Bank of the South questions, answered
Is Premier Bank of the South FDIC-insured, and what is its certificate number?
Yes — deposits are FDIC-insured under certificate 27118. That record lists Premier Bank of the South as a state-chartered commercial bank that is not a member of the Federal Reserve System headquartered in Cullman, AL, chartered November 30, 1987, with $371 million in assets across 9 FDIC-reported offices on the 06/30/2026 call report.
Who regulates Premier Bank of the South, and where do I escalate if a dispute fails?
Premier Bank of the South is a state-chartered commercial bank that is not a member of the Federal Reserve System, so its primary 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 Premier Bank of the South?
We do not carry a complaint count for Premier Bank of the South. The CFPB credit-card dataset is keyed to company names that did not resolve unambiguously to this 9-office institution, and publishing a loose match would misattribute another company's record. Absence of a figure here is not a claim that there are no complaints — search consumerfinance.gov directly.
How long can a Premier Bank of the South charge-off stay on my credit report?
The FCRA ceiling is roughly seven years measured from the date of first delinquency on the Premier Bank of the South account. That anchor date does not reset when the balance is charged off, sold, or transferred. A Premier Bank of the South tradeline whose delinquency date drifts later is re-aged, and re-aging is a reportable inaccuracy in its own right.
What is the difference between disputing with Premier Bank of the South and disputing with a collector?
A collector's tradeline is a second, separate entry derived from information passed along at sale or placement. Premier Bank of the South's tradeline is the original, backed by the bank's own account records. That asymmetry is why a specific factual dispute to Premier Bank of the South tends to produce a documented answer, while the same dispute to a collector often produces only a verification code.
Does Premier Bank of the South report to all three credit bureaus?
Nothing in the FCRA compels a bank to furnish to all three, and many institutions of this size do not. Check Equifax, Experian and TransUnion before concluding Premier Bank of the South has misreported anything. Differences in balance across bureaus usually reflect different update cycles; differences in status, payment history or delinquency date are the ones to challenge.
Premier Bank of the South was acquired or changed names — why does my report show two accounts?
Duplicates like this are almost always a data-migration residue rather than two real debts. Because a charter from this period was computerised mid-life, and the migration from paper ledgers is a frequent source of date errors, a Premier Bank of the South account can surface under a predecessor name alongside the current one. Dispute for removal of the redundant entry, identifying both by last four digits and open date, and insist on deletion rather than a status change.
Can I dispute Premier Bank of the South reporting myself, without paying anyone?
Entirely. Nothing about disputing Premier Bank of the South reporting requires a paid service. Put the inaccurate field in writing to the bank, send a matching dispute to each bureau, and retain copies. Anyone promising you a specific point increase or a removal timeline is describing something they cannot control.
What should I check first on Premier Bank of the South reporting?
Three fields decide how long an item lasts and how heavily it weighs: date of first delinquency, account status, and high balance or credit limit. On this charter, a charter from this period was computerised mid-life, and the migration from paper ledgers is a frequent source of date errors. Compare each against your own statements before writing, because a dispute that names one provably wrong field resolves far more often than a general request to remove the account.
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 Premier Bank of the South; 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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