Despite highly publicized derivatives debacles in recent years, several leading correspondent bankers are finding a growing market for these financial products among their community bank customers.

Norwest Corp., LaSalle National Bank, and Boatmen's Bancshares have begun offering simple derivatives to their community bank customers as a way of offsetting interest rate swings.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.