Derivatives simplified for community banks

Over the course of four decades in banking and bank consulting, Bob Newman has helped hundreds of clients across the U.S. make prudent use of interest rate derivatives, leveraging their power to protect against unwanted market surprises.  Created in the 1980’s by Wall Street amid extreme and unprecedented interest rate volatility, interest rate swaps are often viewed by community banks as too complex, and therefore too risky for a Main Street financial institution.  Swaps on Main Street was created to challenge this premise, by bringing practical, clearly communicated educational programs to the boards of directors and management teams at community banks and credit unions.