Helpful and kind supervisors and coworkers, work can be pretty interesting, very good compensation for travel
What I wish was different
Lot of bureaucracy and hoops to jump through when it comes to the head administration's requirements. For interns, not enough work to actually last you the full day or week, so you will often have downtime
Advice
Work hard on getting eligibility requirements done as soon as possible. Administration does not mess around with those.
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Financial Management Scholar
June - August 2023 • Raleigh, NC
What I liked
I have enjoyed my time at the FDIC in RMS. The trainings and experience gained through the apprenticeship model has been a highlight. The work is challenging but there are resources and team members that help guide you in the right direction. This internship has limited "intern work" and more exposure to what it is like to be a Financial Institution Specialist. The employees are very team oriented and amiable.
What I wish was different
I wish the internship was longer; eleven weeks flew right by.
Advice
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Financial Management Scholar
June - August 2018 • Chicago, IL
What I liked
What I wish was different
That there was a little more to do each day.
Advice
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Student Intern
July 2022 • San Francisco, CA
What I liked
I enjoyed the work environment/flexibility within the organization.
What I wish was different
I wish I could've started earlier.
Advice
Think about a career in public service.
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Division of Insurance and Research Intern
June - August 2021 • Washington, DC
What I liked
It was a professional environment where I got to meet a lot of people from various backgrounds. I was exposed to various career paths within the corporation and saw the opportunity to learn more once in the company.
What I wish was different
Advice
Be prepared to be confused for the first two weeks because there is a lot of new information that can be general or very specific to the department. It takes time to understand the way things are run but it is easy to catch on.
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Financial Management Scholar
May - July 2021 • Richmond, VA
What I liked
Supportive team environment, interesting financial work involving writing/communication skills, excellent work/life balance, lots of collaboration
What I wish was different
It was virtual, but hopefully it will be in person this summer.
Advice
Don't be afraid to ask a lot of questions and reach out to your co workers! Everyone at the FDIC is willing to show support and help you out.
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Student Trainee (Examiner)
May 2021 • Eau Claire, WI
What I liked
The Eau Claire staff genuinely cares about your learning and growth during your internship experience. I learned a lot and was given opportunities to get out of my comfort zone frequently. I have loved my experience!
What I wish was different
The virtual environment has been a challenge during COVID.
Advice
Be willing to ask questions and get out of your comfort zone!
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Federal Institution Intern
May 2020 • Hopkinsville, KY
What I liked
The job paid great and I was treated as if I was a commissioned employee. Everyone was very nice and helpful. I had plenty of time to complete assignments.
What I wish was different
The job was not easy due to my lack of knowledge in banking. The other examiners are quick to help when you do not understand, though.
Advice
Before applying, do many google searches about how to ace an interview with the FDIC. It is based on a formula, not how much they like you.
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Regional Intern
May 2020 • Blue Bell, PA
What I liked
The FDIC prides itself on mentorship and teaching, so the internship program is extremely effective and I was able to learn quite a bit through orientation and my weekly meetings with my supervisor. The transition to an online format went smoothly and I liked the team atmosphere we were able to create even through mandatory telework.
What I wish was different
I only wish it could have been done in person. I was told multiple times that traveling and working together in person are the best parts of the job, so I look forward to working in person there one day!
Advice
Ask a lot of questions. This is not a job where you are expected to figure it out on your own. There is so much information to learn that it is a necessity for you to ask questions, and every supervisor I have met has expressed how much they love answering questions. The entire teaching structure of the FDIC is built on mentorship relationships and open forum question/answering.
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Risk Management Intern
May - August 2020 • Princeton, IL
What I liked
Really good training. Everyone was helpful and open to questions.
What I wish was different
Due to COVID it was entirely virtual but that is not they’re fault. They did a great job ensuring I had a great experience
Advice
Learn as much as you can and take as many training opportunities you can.
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FMS Scholar
May - August 2020 • Albuquerque, NM
What I liked
The people were great and the program did an outstanding job in providing learning experiences and hands on opportunities. The work was rewarding, the atmosphere was delightful, and it made a genuine impact on my work trajectory.
What I wish was different
It was 2020, so unfortunately it moved to remote. I am thankful it was not canceled, but the actual experience was far different than anticipated.
Advice
You get out what you put in. So many people waited at their 'desks' and were board all summer. Take initiative, find your own work, ask to learn and observe.
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Bank Examiner Intern
May - August 2020 • Denver, CO
What I liked
I enjoyed learning new skills.
What I wish was different
I wish it had not been remote.
Advice
Ask questions!
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Risk Management Intern
June - August 2020 • Shreveport, LA
What I liked
I enjoyed working with banking professionals on actual exams. I got to work in the field with FDIC agents and obtained alot of hands-on experience in auditing.
What I wish was different
I had to telework due to COVID, so I would it could've been in-person. However, it was still a wonderful experience.
Advice
This internship is awesome! I would say be prepared to learn alot of information very quickly. It is fast-paced, but the other agents are very patient and willing to help.
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Financial Management Intern (Public Sector)
May - August 2020 • Oklahoma City, OK
What I liked
The learning experience.
What I wish was different
Advice
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Risk Management Intern
May - August 2020 • Nashville, TN
What I liked
I loved working alongside bank examiners of all experience levels. You gain hands on experience in the world of bank management and learn skills transferrable beyond banking. The FDIC ensures you stay updated on economic and financial sector news and constantly provides training and professional development opportunities.
What I wish was different
My experience was completely virtual due to current circumstances. I wish I had opportunity to participate in on-site examinations.
Advice
There is a steep learning curve in the beginning of the internship. Many regulatory and banking concepts are new and confusing to interns, but coworkers are very helpful as you get acclimated to the environment. Don't be afraid to admit when you don't understand something, and stay in touch with the nationwide intern class.
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financial institution intern
May - August 2020 • Monroe Township, NJ
What I liked
The workplace culture even though we were teleworking, their understanding/determination to still give me a good internship experience, how much I learned
What I wish was different
It would’ve been nice to be in person but that was impossible
Advice
Have a positive attitude and excitement towards new experiences
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RMS Intern
June 2019 • Shreveport, LA
What I liked
The culture is laid-back and the training is really good. There is also a lot of travel.
What I wish was different
Advice
Have fun and enjoy the learning experience.
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Financial Management Scholar
May - August 2019 • Boston, MA
What I liked
Very friendly work environment, everyone was very nice and helpful
What I wish was different
I wish I had had more opportunity to observe higher-level actions at times
Advice
Perfect for students with accounting courses or experience
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Institution examiner
May - August 2018 • Albuquerque, NM
What I liked
I liked how much I learned about the banking structure and how important bank stability is to the United States.
What I wish was different
Advice
Always ask questions, every day.
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Financial Institution Intern
June 2019 • Eau Claire, WI
What I liked
I enjoyed the work, the travel opportunities, and the work atmosphere.
