Credit Intern

Mercantile Bank of Michigan; Michigan; On-site; USD 21,000 - 28,000; Part time

Job summary

Mercantile Bank of Michigan invites motivated students to join a yearlong Credit Intern program across Grand Rapids, Troy, Mt. Pleasant, Lansing and Kalamazoo.

You will receive hands-on training in analyzing financial statements, cash flow, collateral, and other credit factors while supporting lending decisions with experienced teams. Ideal candidates are pursuing a finance-related degree with a minimum 3.2 GPA, have completed accounting coursework, and show interest in a banking career.

Qualifications

• Pursuing a bachelor's degree in finance, accounting, or business economics.
• Minimum cumulative GPA of 3.2.
• Completion of college-level accounting coursework preferred.
• Previous internship or relevant experience in business, finance, banking, or accounting is advantageous.

Responsibilities

• Participate in a yearlong internship with intensive commercial credit training.
• Analyze financial statements, cash flow, collateral to evaluate creditworthiness.
• Assist analysts, managers, and lenders in real-world lending decisions.
• Explore career opportunities within commercial banking and build professional relationships.

Skills

Analytical thinking

Attention to detail

Communication skills

Education

Pursuing bachelor's degree in Finance, Accounting, or Business Economics

Minimum GPA 3.2

Tools

Financial analysis tools

Job description

See what Commercial Banking is all about with Mercantile Bank! Learn from experienced professionals who are invested in your growth and development. We are seeking Credit Interns in Grand Rapids, Troy, Mt. Pleasant, Lansing, and Kalamazoo, Michigan. Receive best-in-class commercial credit training, gain hands-on experience analyzing businesses, and learn what a career in banking could look like with us after graduation.

Core Responsibilities:

• Participate in best-in-class commercial credit training and gain valuable experience over the course of a yearlong internship
• Learn how businesses operate by analyzing financial statements, cash flow, collateral, and other factors used to evaluate creditworthiness
• Work alongside analysts, managers, and lenders to support real-world commercial lending decisions
• Explore career opportunities within commercial banking and build a foundation for future roles in lending, business development, and bank leadership

Why Mercantile Bank?

Mercantile Bank was founded by entrepreneurs who believed building strong relationships and communities is accomplished through collaboration and innovation. It's more than being a financial institution, it's being a trusted ally and community partner. As Michigan's largest community bank, our roots are deeply embedded in the diverse communities we serve. Our commitment to our customers and community is at the core of all we do.

This position earns competitive starting pay with many career paths and advancement opportunities. We have beautiful workspaces with sit-to-stand desks, open spaces to collaborate with others, and close mentors.

A Look into Your Day

You will begin your experience as a Credit Intern alongside a group of driven college students who are excited to learn what a career in banking and finance is all about. During the summer, you will work full-time and participate in extensive commercial credit training in Grand Rapids, Michigan. After completing your training, you'll work closely with Credit Analysts and lenders to learn how businesses operate and how commercial lending decisions are made.

As you develop your skills, you will analyze client financial information and learn how factors such as cash flow, collateral, and guarantor support influence credit decisions. You'll also gain exposure to the written and verbal communication skills required to support a growing commercial lending team and build strong business relationships.

Throughout your year-long internship, you'll have the opportunity to explore what a career in commercial banking looks and feels like. You may participate in job shadows throughout the bank, connect with professionals across multiple departments, and engage in community and networking events.

You will receive regular coaching and mentorship from your manager and colleagues, providing valuable guidance as you continue your education and begin planning your career. By working alongside experienced professionals and other talented students, you'll build relationships, expand your network, and gain real-world experience that can help launch your future in banking.

What We're Looking For

We're looking for ambitious, curious, and motivated individuals who want to learn more about commercial banking and explore a future career in the industry. The most successful Credit Interns enjoy understanding how businesses operate, solving problems, and continuously learning. They are naturally inquisitive and enjoy digging into financial information to understand what drives a company's success.

This internship is ideal for someone who is analytical and detail-oriented but also interested in developing relationship-building and communication skills. Whether your future path leads to commercial lending, business development, or another area of banking, you should be excited by the opportunity to learn how strong financial analysis supports meaningful client relationships and business growth.

Requirements:

• Pursuing a bachelor's degree in finance, Accounting, or Business Economics
• Minimum cumulative GPA of 3.2

Preferred Qualifications:

• Cumulative GPA of 3.5 or higher
• Completion of at least two college-level accounting courses
• Previous internship or relevant work experience in business, finance, banking, or accounting
• Interest in pursuing a career in commercial banking

Work Schedule

As a Credit Analyst Intern, you will participate in a year-long internship experience, working full-time during the summer and part-time throughout the academic year. We understand that your education comes first and will work with your school schedule to provide flexibility during the school year. Most interns work approximately 15 to 20 hours per week while classes are in session.