First Bank Elevates Capital Market Services with Derivative Path

First Bank, a subsidiary of First Banks, Inc. has engaged Derivative Path Inc. to help it enhance its capabilities to offer interest rate hedging products to eligible commercial borrowers of First Bank.  The $6 billion+ asset-sized bank will also utilize the support and technology of Derivative Path in considering the conservative use of interest rate hedging to manage its own balance sheet interest rate risk.

First Bank made the calculated decision to shift to Derivative Path in order to take full advantage of their unparalleled client service, advisory, and top-tier technology.

Read the full press release here