Bank Updates

It’s a Wrap: Minneapolis Fed Summer Interns Conclude Their Service

Our College Intern Program assembles a diverse group of students who make a difference by contributing their knowledge and skills to the day-to-day work of the Fed

Debbie Drake | Communications Project Director

Published August 28, 2018

It’s time to bid a fond farewell to our 2018 college interns.

This group of 15 outstanding students positively contributed to our goals and work environment with their enthusiasm for learning and their desire to excel. Our 12-week, paid College Internship Program places students—based on their interests and position availability—in a wide variety of departments, including Government Relations, Treasury Services, Human Resources, and Information Technology. Several interns even come back for a repeat season and have the option of rotating to a different department.

Ken Han (left) and Sara Bultsma

This was the case for University of Minnesota student Ken Han, who participated in 2017 and 2018, and worked in the Learning Management Support Office and Financial Management departments, respectively. “Returning to a familiar corporate environment allowed me to take on more complex projects right away and, because I was working in a different department this year, I had the opportunity to diversify my skillset as well,” he said.

During their time with us, students contribute in a meaningful way to projects and the day-to-day work of the Fed. “Our program attracts diverse students from across the country, and we ensure that they have a worthwhile experience by giving them the opportunity to add value and make a difference,” explained program coordinator Ruthie Gearhart.

Cash Services intern Sara Bultsma, from the University of Iowa, agreed. “I have been able to learn and contribute during my summer at the Fed,” she said. “Having both of those aspects is unique to an internship program. It has been valuable to work on a wide variety of projects and other responsibilities, knowing that I can apply what I learned post-graduation.”

In addition to helping students gain valuable work experience, the program also gives them the opportunity to build their networks and participate in various professional development events, special projects, and deliver presentations to senior leaders. The Fed benefits from the program by being able to learn more about the skills and abilities of this diverse group of individuals to determine if they might be a good fit for future full-time employment.

“Over the years, we have hired several former interns for full-time positions across the organization,” said Gearhart. “Learning about the Bank’s public service mission, responsibilities and culture during their internships provides them with the tools, information and resources they need to be successful employees.”

If you know a well-qualified and eager student, let them know that internship opportunities for 2019 will be posted here on November 1, 2018.

Top