Springs Valley Bank hires Jasper grad Carter Mundy as finance intern

Springs Valley Bank & Trust Company added another Jasper name to its workforce pipeline by bringing in Carter Mundy as a summer finance intern. Mundy, a 2023 graduate of Jasper High School, will spend the summer with the bank’s Financial Advisory Group as he heads into his senior year at Indiana University’s Kelley School of Business.

The internship gives Mundy a closer look at investment management and client service, the work that shapes how a community bank helps families manage wealth and respond to market swings. Mundy is studying finance and real estate at Kelley, where Indiana University describes real estate as a specialized, finance-based area within the department. The Kelley Center for Real Estate Studies says its programming includes the real estate major, the Real Estate Club, workshops and industry events.

Bank leaders said Mundy’s role is designed to be more than a summer résumé line. Darek Turpin, vice president and portfolio manager, said Springs Valley expected Mundy to gain exposure across investment management and client service. The bank’s internship program is built to provide career connections, mentorship and networking while also identifying potential future employees, a structure that points directly at long-term hiring rather than short-term staffing.

That approach matters in Dubois County, where local employers are often trying to keep young graduates connected to the area after college. Mundy’s path from Jasper High School to the Kelley School of Business and now into a finance internship at a hometown institution fits the county’s homegrown talent pipeline, giving him experience in a field that can pull graduates toward larger markets.

Springs Valley has served Southwest Indiana since 1902 and says it operates banking centers in French Lick, Jasper, Washington, Princeton and Paoli. That footprint gives the bank a broad local reach, but its internship strategy remains tightly focused on building relationships with students who might eventually return to work in the communities it serves.

The bank has used internships before, including previous opportunities for local students such as Luke Wilson, showing that the program is part of a continuing effort to cultivate future employees. For Springs Valley, Mundy’s summer work is another step in linking Jasper students, university training and professional experience back to Dubois County.