The Center for Responsible Lending (CRL) strenuously objects to the merger application of OppFi, Inc. and BNCCORP, Inc. to merge into OppFi National Bank. The FDIC should refuse to approve that application on the grounds that it significantly fails to meet statutory factors under the Bank Merger Act. If the FDIC is not persuaded on the face of the application that the merger should be disapproved, we request a public hearing to fully develop the record and allow an opportunity for the public to be heard on this matter. Download the full comment.
