Summer 2025: Deposit Operations Internship LINKBANK

Job Type

Internship

Description

Company Summary:

LINKBANK is a community-focused financial institution committed to positively impacting lives through personalized banking services and strong values-driven relationships. By prioritizing our values of live, integrity, nurture, and knowledge, LINKBANK aims to foster growth and trust within the communities it serves.

Deposit Operations Department Summary:

The Deposit Operations Department at a bank handles the processing and management of all deposit-related activities, including account openings, transactions, and maintenance. This department ensures the accuracy and efficiency of deposit transactions, including check processing, electronic transfers, and account reconciliations. Additionally, it manages compliance with regulatory requirements and provides support for customers regarding their deposit accounts.

General Responsibilities:

- Active Participation: Attend and contribute to deposit team meetings and daily tasks consistently throughout the internship.

- Professional Presence: Maintain a professional demeanor and appearance and engage effectively with team members and supervisors in the office environment.

- Timely Communication: Provide regular updates on assigned projects, seek feedback proactively, and address any challenges or questions promptly to ensure smooth progress.

Essential Functions/Duties:

1. Promote Corporate Values: Exemplify LINK's values of Live, Integrity, Nurture, and Knowledge in all activities.

2. Routine Account Maintenance: Regularly manage and update accounts across several deposit systems.

3. Project Support: Help with projects aimed at improving efficiency, client analysis, and cost savings for the bank.

4. Research and Documentation: Offer research and prepare documents for internal departments and external bank requests.

5. Daily Reporting and Tasks: Complete daily reports and tasks to ensure proper authorization and accuracy.

Requirements

Requirements:

- Availability: Required to be present in person five days a week from mid-May to early August.

- Academic Status: Must be a current student at an accredited college or university, preferably at the Junior or Senior level.

- Intern Activities: Will engage in various activities with fellow interns, including a volunteer day, lunch-and-learns, field trip to Camp Hill Solution Center, and a final project.

Preferred College Courses:

- Accounting: Understanding financial statements, reconciliations, and general accounting principles is crucial for managing deposit operations.

- Finance: Provides knowledge of financial instruments, risk management, and financial regulations relevant to deposit products.

- Banking and Financial Services: Covers the basics of banking operations, deposit accounts, and financial services, tailored to the banking industry.

- Business Administration: Offers a broad overview of business principles, including management, operations, and strategic planning.

- Economics: Helps in understanding economic principles that affect banking, such as interest rates, inflation, and market trends.

- Statistics: Useful for analyzing data, generating reports, and making data-driven decisions.

- Information Systems/Technology: Focuses on the use of technology in banking operations, including systems management and cybersecurity.

- Compliance and Risk Management: Teaches about regulatory requirements and risk assessment, essential for adhering to banking regulations.

- Business Law: Provides knowledge of legal aspects relevant to banking operations, including contracts, regulations, and compliance.