PremierBank on Your Credit Report
In short: PremierBank is a community bank operating as a state-chartered commercial bank that is not a member of the Federal Reserve System, based in Fort Atkinson, Wisconsin. FDIC records place the charter date at October 27, 1863 under certificate 5295; it is a nineteenth-century charter, which means its paper records long predate electronic furnishing and conversions have had decades to introduce artifacts. The 06/30/2026 call report shows $584 million in total assets across 7 FDIC-reported offices. PremierBank is the furnisher of record on accounts it originates, so both the §623 route to the bank and the §611 route through the bureaus are open to you. 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 PremierBank actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
PremierBank is recorded by the FDIC under certificate 5295 as a state-chartered commercial bank that is not a member of the Federal Reserve System, established October 27, 1863 in Fort Atkinson, Wisconsin, with $584 million in assets and 7 offices as of 06/30/2026.
How PremierBank appears on your credit report
PremierBank is an original creditor, not a collector, and that changes the mechanics. Across 7 offices the servicing and reporting functions are usually centralised, so address the dispute to the bank's compliance or credit-reporting contact rather than a branch. Identify the account precisely, challenge one field at a time, and keep proof of mailing. What changes depends on what PremierBank can verify, and that differs case to case.
Names it may report under
Products that commonly show up
- ◆Consumer accounts originated across its 7 Wisconsin offices
- ◆Deposit-account overdraft balances referred for collection
- ◆Small-business and agricultural credit carrying a personal guaranty
Grounds to dispute a PremierBank entry
Each of these is a reason a PremierBank tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆Business loan with a personal guaranty reported on the individual's consumer file
- ◆Loan paid off at maturity still showing an open balance
- ◆Account settled with PremierBank still reporting the original charged-off balance
- ◆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
PremierBank 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, PremierBank 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 PremierBank a direct written dispute. It must investigate and must not continue reporting information it knows is inaccurate. Keep copies and proof of delivery.
PremierBank questions, answered
Is PremierBank FDIC-insured, and what is its certificate number?
Yes. PremierBank carries FDIC certificate 5295. The FDIC describes it as a state-chartered commercial bank that is not a member of the Federal Reserve System based in Fort Atkinson, WI, established October 27, 1863, reporting $584 million in total assets and 7 offices as of 06/30/2026.
Who regulates PremierBank, and where do I escalate if a dispute fails?
As a state-chartered commercial bank that is not a member of the Federal Reserve System, PremierBank answers primarily to the FDIC and its state banking regulator. 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 provides. None of that requires paying anyone.
How many credit-card complaints does the CFPB show against PremierBank?
We do not publish a figure for PremierBank. An exact-name query against the CFPB's credit-card complaint company list returned no match, and partial-name matching is unreliable enough to attach another company's complaints to this one. The public database at consumerfinance.gov is searchable directly.
How long can a PremierBank charge-off stay on my credit report?
The FCRA ceiling is roughly seven years measured from the date of first delinquency on the PremierBank account. That anchor date does not reset when the balance is charged off, sold, or transferred. A tradeline whose delinquency date drifts later has been re-aged, and re-aging is a reportable inaccuracy in its own right.
What is the difference between disputing with PremierBank and disputing with a collector?
PremierBank is the original creditor and holds the underlying file — application, statements, posting history. Collectors typically receive a data file, not the original paperwork. Disputing directly with PremierBank under §623 puts the question to the party that can actually check it.
Does PremierBank report to all three credit bureaus?
Furnishing to all three bureaus is voluntary under the FCRA, and an institution with 7 offices may report to only one or two. Compare all three files first. With PremierBank, a varying balance usually reflects different refresh dates; a varying account status or date of first delinquency is the real signal.
PremierBank was acquired or changed names — why does my report show two accounts?
A single account showing twice is a classic conversion artifact. When PremierBank migrates an account between core systems or through an acquisition, the old and new furnisher names can both persist. Request deletion rather than a status change; marking the extra tradeline closed leaves it weighing on your utilization. In this case the charter is a nineteenth-century charter, which means its paper records long predate electronic furnishing and conversions have had decades to introduce artifacts.
Can I dispute PremierBank 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. Put the challenge to PremierBank in writing, name one field, mirror it to the bureaus, and keep copies. Results vary with what the documentation supports.
What should I check first on PremierBank 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. Compare the PremierBank tradeline against your own statements line by line; a single provable discrepancy is worth more than a general complaint.
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 PremierBank; 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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