INTERNSHIP DETAILS

Universal Banking Intern

CompanyFirst Bank & Trust
LocationSioux Falls
Work ModeOn Site
PostedOctober 2, 2026
Internship Information
Core Responsibilities
The intern will rotate through core banking departments including retail, lending, and wealth management to gain hands-on experience in banking operations. Responsibilities include observing customer interactions, assisting with loan file preparation, and participating in departmental meetings.
Internship Type
part time
Company Size
915
Visa Sponsorship
No
Language
English
Working Hours
40 hours
Apply Now →

You'll be redirected to
the company's application page

About The Company
First Bank & Trust is one of South Dakota's largest family- and employee-owned banks, with 22 locations in 17 towns in South Dakota and Minnesota. For more than a century, financial institutions led by generations of the Fishback family have proven that banking professionals can be conservative risk managers and entrepreneurs at the same time. The same entrepreneurial spirit that led Horace Fishback Sr. to open his first check-cashing station in Brookings, SD in 1880 drives us toward our vision: To grow a diversified independent financial corporation that excels in delivering community banking services and providing niche products nationwide. We are proud to be a family- and employee-owned community bank. Our 700+ employees take pride in our Be the 1 Service Culture principles - and it shows! We offer all of the strength and capabilities you might expect from a big-bank, but still have the flexibility and responsiveness of an independent local bank. Let us show you how we make banking EASY. {Member FDIC; Equal Housing Lender}
About the Role

Job Description:

As an intern, this person will learn first-hand what careers in community banking involve and will engage in a rotation through core departments including Retail Banking and Consumer, Business, Ag, and Mortgage Lending. Throughout the rotation, this person will gain insight into a variety of business units including Wealth Management as well as experience what happens “behind the scenes” in Credit Review and Operations. 


Qualifications: This person should have a minimum of one year of business-related classes in a higher learning setting or the equivalent.  Excellent communication and customer service skills are essential. This role requires on-site employment. 


Principal Responsibilities:  

  • Work closely with industry experts to identify and differentiate various banking products and services. 
  • Observe and participate in the customer experience including identifying needs, recommending products that fit, and maintaining customer relationships. 
  • Learn the foundations of banking by participating in general Retail functions including processing customer transactions, cash handling, and cash drawer balancing. 
  • Shadow the lending process from start to finish and develop overall loan file knowledge. 

- Observe meetings with loan customers 

- List and describe various loan types and products 

- Compile and prepare proper underwriting information 

- Introduction to credit worthiness and cash flow by analyzing credit information and referring to policy & guidelines 

- View loan processing, servicing and closing 

- Witness Departmental collaboration 

  • Introduction to Wealth Management Services including financial planning, trusts, retirement plan services, investment management and estate planning & administration. 
  • Utilize banking systems and observe how they integrate into business processes. 
  • Develop and apply a working knowledge of banking regulations and processes. 
  • Maintain confidentiality, integrity and honesty, especially in dealing with customer information. 
  • Gain skills related to professionalism, financial analysis, decision-making, customer service and communication. 
  • Uphold professional standards when working with customers through various channels. 
  • Attend and participate in committee and department meetings and professional development opportunities and trainings. 
  • Connect with and learn from department leaders and management. 
  • Prepare a presentation at the close of the internship to be presented to key stakeholders. 
  • Act in accordance with FBT policies and procedures as set forth in the employee handbook. 
  • Adhere to compliance procedures and participate in required compliance training. 

Compensation Grade

Hourly Grade 3

First Bank & Trust is an Equal Opportunity, Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, or status as a protected veteran. Read our complete Equal Employment Opportunity Policy Statement. Applicants who would like to request reasonable accommodation to the application or interview process should call Human Resources at 800.843.1552 or email hr@bankeasy.com.

Key Skills
BankingCustomer serviceCommunicationCash handlingFinancial analysisLoan processingUnderwritingWealth managementCredit reviewRetail bankingDecision-makingProfessionalismBanking regulationsData integrityRelationship management
Categories
Finance & AccountingRetailAgricultureCustomer Service & SupportManagement & Leadership