Commercial Banking Internship

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    BankIowa

    Over 100 Years in Banking. Experience the Difference. Member FDIC

    51-200 employeesFounded 1921Cedar Rapids, IABanking
    Actively hiringPaidSummer 2027Banking
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    Best applied by Nov 1

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    About the role#

    BankIowa is hiring for a Commercial Banking Internship in Waterloo, Iowa, for the summer of 2027. This full-time, on-site role provides an opportunity to understand the daily operations of a community bank. You will work within the Business Banking department to support the development and management of commercial loan portfolios.

    What you'll do#

    • Support the commercial credit analysis process through data entry.
    • Help loan operations deliver documents and maintain loan files according to policy.
    • Prepare portfolio management reports, including annual reviews, cash flow analysis, and financial statements.
    • Inspect collateral and assist with loan collections.
    • Initiate and follow through with liquidation or foreclosure processes.
    • Monitor local and national business trends.
    • Complete a project assigned by bank management.
    • Help in other departments as needed.
    • Follow all Bank Secrecy Act, OFAC, and CIP policies and procedures.

    What you'll need#

    • Current enrollment in college.
    • A major in Business Administration, Accounting, Finance, or a related field.
    • Ability to uphold company behavior standards regarding attendance and punctuality.

    Location & details#

    • Location: Waterloo, Iowa.
    • Term: May through August 2027.
    • This is a paid, full-time internship.

    About BankIowa

    BankIowa is a privately held, independent community bank founded in 1921. It operates across several locations in Iowa, including Cedar Rapids, Waterloo, and Cedar Falls. The institution employs approximately 97 people and provides a range of financial products and services to its customers. It maintains a focus on local ownership and community banking.

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    How to get in at BankIowa

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