Presidential Bank, FSB on Your Credit Report
In short: From its Bethesda, Maryland headquarters, Presidential Bank, FSB operates as a state-chartered savings bank. The FDIC lists it under certificate 32363, established April 15, 1985 — a postwar charter, placing its growth in the period when consumer installment lending became a mainstream bank product. Its 06/30/2026 call report shows $1.0 billion in total assets across 11 reported offices. Because Presidential Bank, FSB 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 Presidential Bank, FSB actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
Presidential Bank, FSB holds FDIC certificate 32363, chartered April 15, 1985 in Bethesda, Maryland (41 years old), and reported $1.0 billion in total assets across 11 offices on the 06/30/2026 call report.
How Presidential Bank, FSB appears on your credit report
Disputes against Presidential Bank, FSB follow a different path than those against a big card bank. At this size the bank has a formal compliance function but nothing like a national issuer's scripted dispute queue, so documentary evidence carries unusual weight. Reference the last four digits and open date, point to a single incorrect field rather than the whole tradeline, and send a parallel dispute to the bureaus under §611. Whether anything changes depends on the underlying records, and that varies by account.
Names it may report under
Products that commonly show up
- ◆Retail lending products spread across its full branch footprint
- ◆Home-equity and mortgage lending secured by Maryland property
- ◆Consumer accounts originated across its 11 Maryland offices
Grounds to dispute a Presidential Bank, FSB entry
Each of these is a reason a Presidential Bank, FSB tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆Maryland mortgage paid at closing but still showing a balance with Presidential Bank, FSB
- ◆Charge-off reported by Presidential Bank, FSB after the account was settled in full
- ◆Savings-bank account misclassified as a revolving line rather than an installment loan
- ◆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
Presidential Bank, FSB 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, Presidential Bank, FSB 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 Presidential Bank, FSB a direct written dispute. It must investigate and must not continue reporting information it knows is inaccurate. Keep copies and proof of delivery.
Presidential Bank, FSB questions, answered
Is Presidential Bank, FSB FDIC-insured, and what is its certificate number?
Yes. Presidential Bank, FSB holds FDIC certificate 32363. The FDIC record shows a charter established April 15, 1985, headquarters in Bethesda, MD, and 11 FDIC-reported offices with $1.0 billion in total assets as of the 06/30/2026 call report. It is a state-chartered savings bank, supervised by the FDIC and its state regulator.
Who regulates Presidential Bank, FSB, and where do I escalate if a dispute fails?
Presidential Bank, FSB is a state-chartered savings bank, 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 Presidential Bank, FSB?
We do not publish a figure for Presidential Bank, FSB. A 11-office community bank is rarely a distinct company in the CFPB's credit-card complaint data, and we do not publish counts matched by partial name, because similar names belong to unrelated companies and attributing another firm's complaints to Presidential Bank, FSB would be inaccurate. You can search the database yourself at consumerfinance.gov.
How long can a Presidential Bank, FSB charge-off stay on my credit report?
A charged-off Presidential Bank, FSB 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 Presidential Bank, FSB 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 Presidential Bank, FSB and disputing with a collector?
Presidential Bank, FSB is the original creditor, so it furnishes the original tradeline and holds the underlying records — application, statements, payment postings. A collector reports a separate tradeline built from data handed to it. A §623 dispute to Presidential Bank, FSB reaches the party holding the documents, which is why these often resolve on evidence a collector never had.
Does Presidential Bank, FSB report to all three credit bureaus?
Furnishing is voluntary under the FCRA, so this depends on Presidential Bank, FSB's own arrangements. A lender with 11 offices and $1.0 billion in assets may report to only one or two bureaus, each on its own cycle. Pull all three before deciding a Presidential Bank, FSB account is missing or misreported — a balance that differs between bureaus is usually just a timing artifact, whereas a mismatch in payment history, account status or date of first delinquency is worth a dispute.
Presidential Bank, FSB was acquired or changed names — why does my report show two accounts?
Mergers and rebrands routinely cause this: a converted Presidential Bank, FSB account can appear under both the old and new furnisher name at once. Only one tradeline should survive, and the duplicate needs to be deleted rather than marked closed, since a duplicate still inflates your utilization and account count. A postwar-era charter has normally been through at least one major system migration. Identify both versions by last four digits and open date when you dispute.
Can I dispute Presidential Bank, FSB 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 Presidential Bank, FSB 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 Presidential Bank, FSB 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. Accounts opened before this bank's records were fully digitised are where date errors cluster. 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 Presidential Bank, FSB; 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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