Wells Fargo has hired Terese Rowe, an expert in credit risks tied to fruit, fish and other agribusinesses, to head one of its ag-related units in anticipation of increased world demand for food.

Camco Financial (CAFI) in Cambridge, Ohio, has extended its rights offering deadline by one day because of the effects of Hurricane Sandy.

BB&T is planning to more than double its branch network in Texas by opening 30 new offices in the state’s four largest metropolitan markets.

The Riverhead, N.Y., company had vowed to get a handle on nonperforming loans after raising $25 million in September. CEO Howard Bluver has said that Suffolk will focus on growth in coming months.

The National Credit Union Administration has liquidated Women's Southwest Federal Credit Union in Dallas.

National 1st Credit Union has agreed to acquire San Jose Credit Union.

Few legislators will have much appetite for setting bank capital policy, but it would be a gross error to mistake that discretion for lack of interest in what those policies will do to local economies.

TowneBank (TOWN) has hired J.G. Carter, a former SunTrust Banks (STI) executive, to help the Suffolk, Va., company expand its mortgage operations.

Even before the recent increases, prices Fannie and Freddie charge for credit risk were far higher than when their share of originations was at a low.

Lenders must have their paperwork in order before filing a foreclosure, the Supreme Court of Ohio ruled Wednesday in dismissing a lawsuit brought against Duane and Julie Schwartzwald, homeowners in Xenia, Ohio, by Freddie Mac.

While standards for issuing government-backed loans have clearly tightened for borrowers with spotty credit, bankers report the criteria for someone with a good credit score mirrors standards used before the crisis.

Community & Southern Bank in Atlanta is launching a mobile banking app that includes a mobile deposit feature.

More small banks with good credit quality are seeking buyers because their growth prospects are dim.

Two community banks — Central Bancorp in Somerville, Mass., and U.S. Century Bank in Doral, Fla. — delayed shareholder votes on pending deals, blaming complications from Hurricane Sandy.

CEO Scott Kisting says the Spokane, Wash., which recently agreed to buy the $1.2 billion-asset PremierWest, realizes the value of scale. AmericanWest will still look at banks of different sizes, but it now prefers bigger deals.

A breakdown of M&A announcements in the financial services industry for the week ended Oct. 27

Why are there so few women at the top ranks of large banks? One factor: they lose hope. That needs to change, editor-at-large Barbara Rehm says.

First National Bank has agreed to buy City National Bancshares in a deal between Nebraska banks.

First Midwest Bancorp (FMBI) in Itasca, Ill., reported a third-quarter loss after it too steps to resolve $223 million of nonperforming and potentially problem loans.

Demand for loans and fewer credit losses narrowed losses at Hampton Roads Bankshares (HMPR) in Norfolk, Va. in the third quarter.