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      Hedge Against Adverse Rate Movements

      Our team can help meet your company’s goals and risk tolerance.

      Contact Us

      Interest Rate Risk Management

      Interest rates change, but your investment, capital, and financing needs remain constant. Hedge against adverse movements in rates with risk management strategies from the Old National Interest Rate Risk Management Group.1

      Our rate desk has the industry knowledge and product set to provide appropriate solutions that meet your company’s goals and risk tolerance. Hedging your firm's interest-related risk with interest rate swaps and related derivatives can help you realize fixed-rate protection at manageable rates, while stabilizing your cash flow.2

      An Old National interest rate risk management specialist will help you achieve:

      • Flexibility, by hedging all or a portion of an underlying loan for some or all its term
      • Fixed rate financing, with longer term options
      • Certainty with stabilized cash flow
      • Peace of mind to focus on your core business without worrying about adverse interest rate trends

      To learn more about the transition away from LIBOR, click here.

      Let’s Talk

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      Explore Our Business Checking Accounts

      Ask an Old National Relationship Manager about our business checking options.3

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      TREASURY MANAGEMENT

      Discover our full suite of solutions to build bottom-line momentum with your financial resources.

      Explore Treasury Management

      CREDIT FOR GROWTH

      From term loans to alternative financing, we can help. Let’s talk through how you can get the credit you need.1

      Explore Lending Options

      SPECIALIZED INDUSTRIES

      If your business is in franchise banking, agriculture, healthcare finance, professional services, CRE, or government/non-profit, we can help you reach your goals.

      Learn More

      Get Connected
      Talk our Interest Rate Risk Management specialists today about flexible interest rate protection for your organization.

      Tom Plodzeen
      Senior Vice President, Interest Rate Risk Management
      Chicago, IL Desk
      773-377-0386
      tom.plodzeen@oldnational.com

      Jim Schmidt
      Senior Vice President, Interest Rate Risk Management
      Evansville, IN Desk
      812-461-9774
      jim.schmidt@oldnational.com

      Connect With Us

      FIND US

      Locate a banking center, look up hours, or search for surcharge-free ATMs.

      CALL US

      Sometimes a phone call makes a world of difference. Just reach out!

      1 Must be an Eligible Contract Participant (ECP) to apply for OTC derivative transactions. Other restrictions may apply.
      2 Subject to credit approval. Products carry certain market, credit, liquidity, foreign currency, legal, operational and other applicable risks.
      3 Account opening is available to residents of Illinois, Indiana, Michigan, Kentucky, Iowa, and Wisconsin. $100 minimum deposit required to open an account.