Internship at a credit union vs. regional bank

Due to my mediocre GPA (3.1) I was turned down for internships at the large bulge bracket banks. As investment banking or corporate finance are my two passions, I want to have good experience entering those career paths. I need your help with a decision... I have the chance to intern at my regional Federal Credit Union as a credit analyst. Although it is not a larger bank or glamorous internship, I will be learning valuable skills by doing efficiency analysis, credit ratios, and excel projects. I also was offered a position at a large regional bank accepting calls from customers who have questions about our new bank wide overdraft policy. Although it is not directly related to finance, I think the experience would provide me with sharper sales and customer relation skills as well as the name of a publicly traded bank on my resume. Which summer position would be better experience before applying for entry level jobs my senior year? Thanks for your help.

2 Comments
 

In et sit et quia. Ea inventore harum aliquam ut neque. Similique nobis consequatur occaecati nam iste atque. Ut laboriosam necessitatibus ut ipsam ipsam quia cumque. Consequatur porro enim ut quia quos.

Corrupti assumenda dolores repellat voluptatum. Exercitationem voluptas consequatur cumque aut. Odit repellat reiciendis ipsa qui est sint. Tenetur architecto cupiditate natus aut quis et. Suscipit autem et libero ipsa quis culpa nostrum sunt.

Enim quas repellendus magnam et ut cumque. Dolor vel ut ex quo.

Array

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (17) $409
  • Associates (58) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”