Security First Bank of North Dakota on Your Credit Report
In short: Security First Bank of North Dakota is a community-scale lender operating as a state-chartered commercial bank that is not a member of the Federal Reserve System, based in New Salem, North Dakota. The charter behind FDIC certificate 11519 dates to January 1, 1925 — a pre-Depression charter that has survived every subsequent change in bank reporting, so its tradelines have passed through several generations of core systems. On the 06/30/2026 call report the bank reported $293 million in assets, served from 5 FDIC-reported offices. Accounts originated here are furnished by Security First Bank of North Dakota itself, which means a §623 dispute goes to the institution that holds the underlying file. 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 Security First Bank of North Dakota actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
Security First Bank of North Dakota is recorded by the FDIC under certificate 11519 as a state-chartered commercial bank that is not a member of the Federal Reserve System, established January 1, 1925 in New Salem, North Dakota, with $293 million in assets and 5 offices as of 06/30/2026.
How Security First Bank of North Dakota appears on your credit report
Security First Bank of North Dakota is an original creditor, not a collector, and that changes the mechanics. An institution this size usually has one person who can actually pull the original file, so naming the exact field you are challenging gets further than a broad request. Name the account by its last four digits and open date, state the one field you believe is wrong, and file the bureau dispute at the same time. Outcomes depend entirely on what the records show.
Names it may report under
Products that commonly show up
- ◆Personal lines of credit tied to a Security First Bank of North Dakota deposit relationship
- ◆Consumer installment loans booked across its branch network
- ◆Mortgage and home-equity credit originated in its North Dakota market
Grounds to dispute a Security First Bank of North Dakota entry
Each of these is a reason a Security First Bank of North Dakota tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆Overdraft balance reported as a loan default rather than a deposit item
- ◆Payment posted at a branch on time but credited after the due date
- ◆Mortgage payoff recorded by the title company but not updated by Security First Bank of North Dakota
- ◆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
Security First Bank of North Dakota 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, Security First Bank of North Dakota 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 Security First Bank of North Dakota a direct written dispute. It must investigate and must not continue reporting information it knows is inaccurate. Keep copies and proof of delivery.
Security First Bank of North Dakota questions, answered
Is Security First Bank of North Dakota FDIC-insured, and what is its certificate number?
Deposits are insured under FDIC certificate 11519. The FDIC record shows a state-chartered commercial bank that is not a member of the Federal Reserve System in New Salem, ND, chartered January 1, 1925, holding $293 million across 5 offices on the 06/30/2026 call report.
Who regulates Security First Bank of North Dakota, 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, Security First Bank of North Dakota answers primarily to the FDIC and its state banking regulator. Where a §611 and a §623 dispute both come back verified against documentation you hold, escalate to the CFPB, and note that FCRA §§616–617 create a private right of action. You do not need to hire anyone to take either step.
How many credit-card complaints does the CFPB show against Security First Bank of North Dakota?
We do not publish a figure for Security First Bank of North Dakota. 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 Security First Bank of North Dakota charge-off stay on my credit report?
The FCRA ceiling is roughly seven years measured from the date of first delinquency on the Security First Bank of North Dakota account. Charging the balance off, selling it, or moving it to another servicer does not restart that clock. If the date of first delinquency moves forward, that is re-aging — itself an FCRA violation worth disputing.
What is the difference between disputing with Security First Bank of North Dakota and disputing with a collector?
Security First Bank of North Dakota is the original creditor and holds the underlying file — application, statements, posting history. A debt buyer or agency works from whatever data came across in the transfer, which is often a single summary line. A §623 dispute to Security First Bank of North Dakota reaches the source documents instead.
Does Security First Bank of North Dakota report to all three credit bureaus?
Nothing in the FCRA compels a furnisher to report to all three nationwide bureaus, so coverage can be uneven. Compare all three files first. With Security First Bank of North Dakota, a varying balance usually reflects different refresh dates; a varying account status or date of first delinquency is the real signal.
Security First Bank of North Dakota was acquired or changed names — why does my report show two accounts?
A single account showing twice is a classic conversion artifact. When Security First Bank of North Dakota migrates an account between core systems or through an acquisition, the old and new furnisher names can both persist. Push for removal of the duplicate entry instead of accepting a "closed" notation, which does not undo the scoring impact. In this case the charter is a pre-Depression charter that has survived every subsequent change in bank reporting, so its tradelines have passed through several generations of core systems.
Can I dispute Security First Bank of North Dakota 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 Security First Bank of North Dakota 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 Security First Bank of North Dakota 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 Security First Bank of North Dakota 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 Security First Bank of North Dakota; 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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