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How much do bank summer internship jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for bank summer internship in the United States is $16.47, according to ZipRecruiter salary data. Most workers in this role earn between $14.42 and $17.31 per hour, depending on experience, location, and employer.

What is a bank summer internship?

A Bank Summer Internship is a short-term program, typically lasting 8-12 weeks, designed for students or recent graduates to gain hands-on experience in various areas of banking. Interns work alongside professionals in departments such as finance, risk management, investment banking, or retail banking. The internship provides valuable exposure to the banking industry, networking opportunities, and often serves as a stepping stone to full-time employment. Participants develop practical skills, learn about daily banking operations, and may receive mentorship from experienced staff.

What types of projects and tasks can I expect to work on during a bank summer internship?

As a bank summer intern, you'll typically be involved in a variety of projects that provide exposure to different areas of banking, such as client research, financial analysis, and preparing presentations for internal or client meetings. You may also assist with data entry, support senior team members in day-to-day operations, and participate in team meetings to gain insight into ongoing projects. Interns often have the opportunity to collaborate with professionals across departments, which helps them build a well-rounded understanding of banking operations. This hands-on experience is designed to develop both technical and soft skills, preparing you for a potential full-time role in the industry.

What are the key skills and qualifications needed to thrive as a bank summer intern, and why are they important?

To thrive as a Bank Summer Intern, you need strong analytical skills, attention to detail, and a basic understanding of finance or economics, often supported by current enrollment in a relevant undergraduate program. Familiarity with Microsoft Office Suite (especially Excel), financial modeling tools, and possibly banking software is beneficial. Effective communication, teamwork, and eagerness to learn are standout soft skills in this role. These abilities help interns contribute meaningfully to projects, adapt quickly, and build valuable professional relationships in a competitive banking environment.

What is the difference between Bank Summer Internship vs Bank Analyst?

AspectBank Summer InternshipBank Analyst
CredentialsUndergraduate or early graduate students, often with some coursework in finance or economicsTypically requires a bachelor's degree in finance, economics, or related field; some roles prefer or require an MBA or similar advanced degree
Work EnvironmentTemporary, internship setting; focus on learning and exposure to banking operationsFull-time, professional role; involved in ongoing financial analysis and client projects
Employer & Industry UsageUsed by banks to attract and train potential future employees; common in investment banking and commercial bankingFull-time position for entry-level or experienced professionals in banking and finance

The main difference is that a Bank Summer Internship is a short-term, learning-focused program for students, while a Bank Analyst is a full-time, ongoing role requiring more experience and credentials. Internships serve as a pathway to full-time analyst positions in banking.

Can I do my internship in a bank?

A bank summer internship is a temporary program designed for students or recent graduates to gain experience in banking operations, finance, and customer service. Internships typically require applicants to be enrolled in or recent graduates of relevant programs and may involve skills in communication, data analysis, and basic financial knowledge. These internships usually last for a few months during the summer and can lead to future employment opportunities.
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Bank Summer Internship jobs near you
Infographic showing various Bank Summer Internship job openings in the United States as of August 2026, with employment types broken down into 2% Internship, 31% Full Time, 59% Part Time, 1% Temporary, 6% Contract, and 1% Summer. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $34,261 per year, or $16.5 per hour.

2027 Summer Internship - Fixed Income

Oppenheimer

New York, NY

$20/hr

Full-time, Temporary, Internship

Posted 4 days ago

Job description

2027 Summer Internship Application - Business Segments and Corporate Infrastructure

Who We Are:

Oppenheimer & Co. Inc. (Oppenheimer) is a leading middle-market investment bank and full service broker-dealer. With roots tracing back to 1881, the Company is engaged in a broad range of activities in the financial services industry, including retail securities brokerage, institutional sales and trading, investment banking (both corporate and public finance), equity & fixed income research, market making, trust services and investment advisory and asset management services.

About the Program

The Summer internship program at Oppenheimer gives participants a unique opportunity to learn about the financial services industry by working side by side with seasoned professionals. Our interns gain hands-on leadership experience while learning about the different business channels within the Firm.

Oppenheimers eight-to-ten-week summer internship is designed to fully immerse bright, motivated students in the day-to-day activities of select departments. The program includes ongoing information sessions where youll learn about our Firm culture and history, as well as the benefits and responsibilities of being a member of Oppenheimer. In addition to this broader overview, you will also receive department-specific training designed to help you succeed in your role.

Oppenheimer internships are real jobs with real impact. As an intern, you will receive responsibilities that come with the same expectations as a full-time employee. This experience will give you the chance to work alongside our industry leaders.

To apply for a Summer Internship position in Business Segments and Corporate Infrastructure, candidates are currently pursuing a college or university degree with a graduation date between May 2027 and December 2028. We are looking for students with an outstanding record of academic achievement of a 3.2 GPA or higher, demonstrated contributions to campus or community activities, strong communication and problem-solving skills and an interest in Oppenheimer and the financial services industry.

2027 Summer Internship Application for Business Segments and Corporate Infrastructure will close on September 30, 2026.

Compensation:

For job postings in New York City, Oppenheimer is required by law to include a reasonable estimate of the salary range for this role. This salary range is specific to the City of New York and takes into account the wide range of factors that are considered in making salary decisions including but not limited to your skills, qualifications, experience, licensure and certifications, and other business and organizational needs. The current base wage offered for this role is $20 per hour.

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