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Summer Internship - Application Development

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: FHLBank
Full Time, Seasonal/Temporary, Apprenticeship/Internship position
Listed on 2026-09-21
Job specializations:
  • Finance & Banking
Salary/Wage Range or Industry Benchmark: 38800 - 58100 USD Yearly USD 38800.00 58100.00 YEAR
Job Description & How to Apply Below

At the Federal Home Loan Bank of Chicago, employees come first - that’s why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees.

Benefits
  • Collaborative, in-office operating model
  • Retirement program (401k and Pension)
  • Medical, dental and vision insurance
  • Lifestyle Spending Account
  • Competitive PTO plan 11 paid holidays per year

An IT internship with The Federal Home Loan Bank of Chicago is not like your average IT internship. We can offer you a dynamic, collaborative and team-focused environment you won’t find anywhere else. You’ll be engaged in projects that will provide you with real world, hands-on experience in the exciting world of technology within financial services.

Who are we you ask? We are a federally chartered corporation and one of 11 Federal Home Loan Banks (FHLBanks) that, with the Office of Finance, comprise the Federal Home Loan Bank System. The FHLBanks are chartered by Congress under the Federal Home Loan Bank Act of 1932 to improve the availability of funds to support home ownership. Each FHLBank is cooperatively owned by member financial institutions in its district and operated as a separate entity with its own management, employees, and board of directors.

Our district consists of the states of Illinois and Wisconsin. We are regulated by the Federal Housing Finance Agency, an independent federal agency.

We are currently seeking a summer intern for our Application Development department. As a Software Developer Intern, you will build and enhance advanced financial applications leveraging cutting-edge technology.

Position Responsibilities
  • Participate in full stack application design and development
  • Develop software using technologies like Angular, .NET Core, C#, JavaScript, REST and SQL
  • Work on an Agile Scrum team
  • Exposure to Dev Ops processes and technology such as CI/CD and IaC
  • Collaborate using GIT track source code changes
  • Troubleshoot and resolve
  • Maintain code quality through unit testing
Benefits of a FHLBC Internship
  • Potential opportunity for full time employment upon graduation
  • Gain professional work experience
REQUIREMENTS
  • Applicants should be enrolled at an accredited four year institution
  • Should have a GPA of at least 3.0 and be in good academic standing
  • Desired fields of study include;
    Computer Science, Computer Engineering, Operations Management, Management Information Systems, or other technical discipline

Salary Range: $38,800.00 - $58,100.00

The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors.

In addition to the base salary, we offer a comprehensive benefits package which can be found here:

Our mission at FHLBank Chicago:
To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment, and support for their community investment activities. Simply said, we’re a bank for banks and other financial institutions, focused on being a strategic partner for our members and working together to reinvest in our communities, from urban centers to rural areas.

Created by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks, government sponsored in support of mortgage lending and community investment.

Position Requirements
Less than 1 Year work experience
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