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WASHINGTON–The Federal Deposit Insurance Corporation has released a new large-scale study on the state of the nation’s community banks. Separately, NCUA announced its newest board member, Kyle Hauptman, has been designated vice chairman.

TALLAHASSEE, Fla.–One-in-four small business owners reported that they will have to close their doors in the next six months if the current economic conditions don’t improve, up 5% from last month, according to the National Federation of Independent Businesses’ Research Center.

ARLINGTON, Va.—Total retail sales fell 1.1% in November, following a 0.1% drop in the previous month.  Of note, the October number was revised down 0.4 percentage points.

ARLINGTON, Texas–Allied Federal Credit Union has announced a new president and CEO.

BILLINGS, Mont.–Valley Credit Union hosted its fourth annual holiday toy drive benefiting the US Marine Corps Reserve’s annual Toys for Tots program.