Intern - Loan Servicing

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    Midland States Bank

    501-1,000 employeesFounded 1881Effingham, ILBanking
    Actively hiringPaidSummer 2027Banking
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    Best applied by Oct 8

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    About the role#

    Midland States Bank is hiring a Loan Servicing Intern for the Summer 2027 term. This is a full-time, paid position based on-site in either St. Louis, Missouri, or Rockford, Illinois. You will support the Loan Servicing Department with daily operations and contribute to projects that span the entire life of a loan.

    What you'll do#

    • Handle administrative and operational tasks to support department priorities.
    • Gain exposure to escrow administration, tax and insurance processing, flood compliance, and collateral maintenance.
    • Assist with quality control, regulatory reporting, and customer requests.
    • Conduct data analysis and help with process improvement initiatives.
    • Work across multiple banking systems and Microsoft Office applications.
    • Collaborate with team members while following established procedures.
    • Maintain compliance with all regulations, including the Bank Secrecy Act.

    What you'll need#

    • Completion of at least two years in a degree program, such as Business Administration, Finance, Accounting, or Economics.
    • Strong organizational, time management, and problem-solving skills.
    • Ability to maintain high accuracy and handle confidential information with discretion.
    • Comfort with learning new software and banking systems.
    • Proficiency in Microsoft Office, specifically Excel and Outlook.
    • Excellent written communication skills and a preference for working in a team environment.

    Location & details#

    • Locations: St. Louis, MO or Rockford, IL.
    • Modality: On-site.
    • Schedule: Full-time, 40 hours per week, Monday through Friday, 8 a.m. to 5 p.m.
    • Term: Summer 2027, from mid-May through early August.
    • Pay: $15 per hour.

    About Midland States Bank

    Midland States Bank is a community-based financial institution founded in 1881. Headquartered in Effingham, Illinois, it operates as the primary subsidiary of Midland States Bancorp, Inc. The bank provides commercial and consumer services including wealth management, mortgage banking, and business equipment financing. It employs between 501 and 1,000 people.

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