State Bank of Graymont on Your Credit Report
In short: State Bank of Graymont operates out of Graymont, Illinois as a state-chartered bank that is not a member of the Federal Reserve System, supervised by the FDIC and its state regulator. Certificate 10434 was issued against a charter dating to January 1, 1913, a charter older than the FDIC itself. As of the 06/30/2026 call report, State Bank of Graymont held $313 million in assets and operated 5 FDIC-reported offices. Because State Bank of Graymont originates these accounts rather than buying them, it is the furnisher of record — you can dispute through §623 directly or §611 via the 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 State Bank of Graymont actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
State Bank of Graymont carries FDIC certificate 10434, operates 5 FDIC-reported offices and reported $313 million in assets on its most recent call report in Graymont, Illinois.
How State Bank of Graymont appears on your credit report
Because State Bank of Graymont originated the account, it furnishes the tradeline directly and holds the original file. With an Illinois charter and 5 FDIC-reported offices, State Bank of Graymont adjudicates these disputes internally. Send it in writing, identify precisely which field is wrong, and run the §611 bureau dispute in parallel. No outcome is promised — what happens depends on the underlying documentation.
Names it may report under
Products that commonly show up
- ◆Deposit-secured and personal installment credit written at its 5 Illinois offices
- ◆First-lien residential mortgages and second-lien home-equity credit around Graymont
- ◆Small-business credit backed by a personal pledge
Grounds to dispute a State Bank of Graymont entry
Each of these is a reason a State Bank of Graymont tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆Payment made at a Graymont teller window credited a day late and reported as delinquent
- ◆Paid-in-full State Bank of Graymont loan continuing to report an outstanding balance
- ◆Single State Bank of Graymont account reporting twice following a data 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
State Bank of Graymont 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, State Bank of Graymont 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 State Bank of Graymont a direct written dispute. It must investigate and must not continue reporting information it knows is inaccurate. Keep copies and proof of delivery.
State Bank of Graymont questions, answered
What is the FDIC certificate number for State Bank of Graymont?
Yes — deposits are FDIC-insured under certificate 10434. The FDIC record lists State Bank of Graymont as a state-chartered bank that is not a member of the Federal Reserve System, supervised by the FDIC and its state regulator headquartered in Graymont, IL, chartered January 1, 1913, holding $313 million across 5 offices at the 06/30/2026 call report.
Which regulator oversees State Bank of Graymont?
The supervising authority is the FDIC and its state banking regulator. A dispute that fails on both the §611 and §623 tracks despite contrary documentation belongs in front of the CFPB — and FCRA §§616–617 mean litigation remains available. Neither route requires a paid intermediary, whatever State Bank of Graymont tells you.
Does the CFPB complaint database list State Bank of Graymont?
None is listed here, deliberately. An exact-name query against the CFPB credit-card complaint keys produced no match for State Bank of Graymont, and approximating by substring is how unrelated companies get conflated. The absence of a published count is not a claim of zero complaints; check consumerfinance.gov directly.
What is the reporting limit on a State Bank of Graymont account?
The FCRA ceiling is roughly seven years from the date of first delinquency on the State Bank of Graymont account. Charging it off, selling it, or moving it to a servicer does not restart that clock. If the date of first delinquency drifts forward, that is re-aging — itself an FCRA violation worth disputing.
Is it better to go to State Bank of Graymont or to the collector?
The distinction matters because of who holds the evidence. State Bank of Graymont originated the account and retains the application and statement history; a collector usually works from a transferred data summary. Disputing under §623 with State Bank of Graymont reaches the records themselves.
Does State Bank of Graymont furnish to Equifax, Experian and TransUnion?
Furnishing is voluntary under the FCRA, so State Bank of Graymont — 5 offices in Illinois — may report to one or two bureaus rather than all three. Compare the three files side by side: differing balances are usually timing, but differing account status or first-delinquency dates are disputable.
State Bank of Graymont changed names or was acquired — why does my report show two accounts?
Duplicates of this kind usually trace to a data migration. With a charter running back to 1913, State Bank of Graymont has likely changed core processors at least once, and old and new records can both survive. A predecessor name is acceptable; two live balances for one debt is not — dispute it and cite both entries.
Do I need to hire someone to dispute a State Bank of Graymont entry?
You can, at no cost. The §611 route through the bureaus and the §623 route straight to State Bank of Graymont are both open to consumers directly. Any firm offering to do it is selling convenience, not access — and no outcome can lawfully be promised. Accurate, timely information remains regardless.
Does it matter that State Bank of Graymont is based in Graymont?
State Bank of Graymont is based in Graymont, Illinois and reports 5 offices to the FDIC. Location has no bearing on the federal dispute timeline, but it identifies the state banking regulator that shares supervision — useful only once CFPB escalation is on the table.
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 State Bank of Graymont; 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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