Intern - Commercial/Credit

Thank you for your interest in First Merchants Bank's 2025 Summer Internship program!

We are looking for highly motivated, enthusiastic college students pursuing a bachelor/master's degree for our 12-week paid summer internship program.

About First Merchants:

First Merchants Corporation is the largest financial services holding company located in Central Indiana. We provide our clients with broad financial services delivered locally by bankers who are known and trusted in their communities. We offer personal banking, business banking, mortgage lending, treasury management services, and wealth management.

First Merchants serves 27 Indiana, 2 Illinois, 2 Ohio and 5 Michigan counties.

Our mission is to be the most attentive, knowledgeable, and high-performing bank for our clients, teammates, and shareholders.

We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging.

The Commercial Loans Intern will gain experience within varying roles in Commercial Banking and Credit Administration.

Below is what you can expect to learn from an internship in our Commercial Loans Department at First Merchants Bank:

1. Learn the roles within commercial banking including commercial bank products and services
2. Learn how to assess credit risk by analyzing potential repayment sources and determining the likelihood of repayment.
3. Gain the skills required to analyze financial data by spreading and reviewing financial data.
4. Learn the importance of portfolio management by completing interim risk monitoring:




1. Complete trend reports for borrowing base certificates.
2. Complete covenant monitoring.
3. Complete annual credit reviews.
4. Report concerns to management and relationship managers.




5. Learn the importance of a team-based credit decision process:




1. Attend and participate in loan committees.
2. Attend and participate in opportunity memorandum discussions.




6. Learn the commercial banking sales cycle, relationship banking, and whole-bank selling techniques.
7. Gain hands-on sales experience:




1. Partner with relationship manager to aid in prospecting activities.
2. Interface with clients and gather financial information.
3. Schedule and participate in client calls with relationship manager and treasury management officers.




8. Learn commercial banking sales management:




1. Attend and participate in sales meetings.
2. Monitor loan maturity dates and recommend renewal strategies.

Successful students will possess:

• Initiative
• Enthusiasm
• Strong Work Ethic
• Team Mentality
• Self-Motivation

In addition to the learning objectives, all interns will participate as a group in a community service project. There will also be the opportunity to network with our Senior Leaders during our final presentation event in the last week of the program. Each intern will present to the wider intern group, managers and senior leaders about the projects they were involved in and takeaways that will help them be successful in their careers.

Who is qualified to apply?

Students must:

• be a bachelor/master's degree-seeking full time student at an accredited college or university.
• be available to work 40 hours per week from May 19, 2025 through August 8, 2025.
• be authorized to work in the United States.
• have demonstrated interest in the industry and/or specific area of interest as exemplified through past work experience, internships and/or major course of study.
• possess a GPA of 3.0 or higher.
• have strong knowledge of Microsoft Office Suite
• have strong written and verbal communication skills
• be able and willing to travel periodically, if required