New accounts clerks: Salary, Job Outlook, Education and Career Path

Interview persons desiring to open accounts in financial institutions. Explain account services available to prospective customers and assist them in preparing applications.

Short answer: New accounts clerks earn a national median annual wage of $47,670 (BLS, May 2025). Employment is projected to change -6.5% from 2025 to 2035 (all occupations: +3.5%), with about 2,300 openings per year. The typical entry credential is high school diploma or equivalent.

Median annual wage
$47,670
May 2025 Verified data
Projected change
-6.5%
2025 to 2035 Official projection
Openings per year
2,300
Average, 2025 to 2035 Official projection
Employment
36,860
OEWS, May 2025 Verified data

New accounts clerks salary

$0$20K$40K$60KUnited States$47,670
National annual wages for new accounts clerks, May 2025: 10th percentile $38,180, 25th $43,920, median $47,670, 75th $55,100, 90th $60,910. The bar spans the 25th to 75th percentile, the thin line spans the 10th to 90th percentile, and the red mark is the median.
MeasureAnnualHourly
10th percentile$38,180$18.36
Median (50th percentile)$47,670$22.92
Mean (average)$49,370$23.73
90th percentile$60,910$29.29

These wages describe everyone employed in the occupation, from new entrants to experienced workers. They are not starting salaries and not earnings of graduates from any particular program. Verified data

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, National. May 2025 reference period. Published April 30, 2026. Retrieved October 18, 2026. Methodology.

New accounts clerks pay by state and metro area

$29.6K$61.0K
Median annual wage for new accounts clerks by state, May 2025. Highest: District of Columbia at $60,990. States in gray have no published estimate.
Table: median wage and employment for all 47 states and territories
StateMedian10th pct90th pctEmploymentLocation quotient
Alabama$44,780$34,030$48,8201400.29
Arkansas$35,680$30,850$57,5007302.37
California$52,100$45,680$72,6909500.22
Colorado$48,870$43,590$63,0803900.58
Connecticut$57,080$47,460$62,8404201.04
Delaware$47,150$37,360$56,8101401.26
District of Columbia$60,990$52,910$80,270
Florida$45,930$40,070$61,1209100.38
Georgia$45,770$38,680$59,5601,6501.42
Hawaii$47,440$44,750$54,1501400.94
Idaho$45,760$37,270$55,1803501.7
Illinois$49,040$39,090$60,4702,0201.4
Indiana$42,950$38,010$58,3604800.63
Iowa$45,630$38,220$55,7101,3203.57
Kansas$40,170$34,080$54,6401,1003.22
Kentucky$43,990$36,900$50,7002400.51
LouisianaData unavailable1600.34
Maine$47,420$44,450$57,9805103.39
Maryland$43,200$34,620$59,240800.12
Michigan$46,780$38,180$59,4301,8001.72
Minnesota$48,920$39,870$61,8601,1601.66
Mississippi$40,910$33,860$59,1901600.57
Missouri$50,270$36,600$62,6005900.85
Montana$43,610$38,310$49,1704703.89
Nebraska$47,140$38,060$65,4001,1504.75
Nevada$47,450$40,250$69,3208502.3
New Hampshire$48,170$39,160$58,3904102.5
New Jersey$57,240$44,730$81,0302300.23
New Mexico$51,380$35,080$57,9201500.71
New York$57,950$46,470$68,5504,8002.09
North Carolina$49,480$43,690$71,3001,9101.63
North Dakota$57,970$42,670$74,1001401.35
Ohio$48,310$39,610$57,620
Oklahoma$43,380$33,110$50,2901,6504.08
Oregon$48,330$45,440$58,4001,4103.03
Pennsylvania$47,330$38,780$58,7001,4000.97
Puerto Rico$29,630$29,630$48,450
South Carolina$45,500$39,220$51,650600.12
Tennessee$49,770$39,500$64,0204200.54
Texas$44,040$35,910$54,9202,3600.71
Utah$44,890$39,490$57,1202100.51
Vermont$47,910$45,950$61,8601902.59
Virginia$46,350$38,100$58,4106400.66
Washington$52,830$46,300$63,2903100.37
West Virginia$38,520$30,140$45,4801500.9
Wisconsin$48,050$43,710$59,3202,1003.01
Wyoming$45,760$37,440$49,7301802.73

A location quotient above 1 means the occupation is more concentrated in that state than in the nation overall.

Metro areas with the most jobs

New York-Newark-Jersey City, NY-NJ2,940
Chicago-Naperville-Elgin, IL-IN1,270
Atlanta-Sandy Springs-Roswell, GA850
Oklahoma City, OK730
Detroit-Warren-Dearborn, MI720
Las Vegas-Henderson-North Las Vegas, NV590
Dallas-Fort Worth-Arlington, TX550
Omaha, NE-IA530
Portland-Vancouver-Hillsboro, OR-WA530
Raleigh-Cary, NC500

Highest paying metro areas

New York-Newark-Jersey City, NY-NJ$58,980
Washington-Arlington-Alexandria, DC-VA-MD-WV$58,410
St. Louis, MO-IL$57,090
Minneapolis-St. Paul-Bloomington, MN-WI$55,980
Seattle-Tacoma-Bellevue, WA$55,440
Flint, MI$55,440
Denver-Aurora-Centennial, CO$55,170
Los Angeles-Long Beach-Anaheim, CA$52,830
Memphis, TN-MS-AR$51,750
Portland-Vancouver-Hillsboro, OR-WA$50,570
Among metro areas with at least 100 workers in this occupation.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, State. May 2025 reference period. Published April 30, 2026. Retrieved October 18, 2026. Methodology.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, Metropolitan areas. May 2025 reference period. Published April 30, 2026. Retrieved October 18, 2026. Methodology.

Job outlook for new accounts clerks

2025 (actual)37,9002035 (projected)35,500
BLS projects employment of new accounts clerks to go from 37,900 in 2025 to 35,500 in 2035, a change of -6.5% (-2,500 jobs). All occupations are projected to grow +3.5%.
  • Average annual openings, 2025 to 2035: 2,300. Openings include new jobs plus replacement needs when workers retire or leave the occupation. Official projection
  • Read the official BLS Occupational Outlook Handbook profile.

These are official BLS projections. ConnectPrep does not alter them or present its own forecasts as official statistics.

Source: U.S. Bureau of Labor Statistics, Employment Projections, Table 1.2: Occupational projections, 2025-35, and worker characteristics, 2025. Base year 2025, projected year 2035. Published August 27, 2026. Retrieved October 18, 2026. Methodology.

Education and training for new accounts clerks

Typical entry education
High school diploma or equivalent
Related work experience
None
On-the-job training
Moderate-term on-the-job training
O*NET Job Zone
Job Zone Three: Medium Preparation Needed

Highest education of people working in this occupation

Less than high school1.9%
High school diploma25.1%
Some college, no degree28.8%
Associate's degree14.7%
Bachelor's degree21%
Master's degree6.2%
Doctoral or professional2.3%
Share of workers age 25 and over by highest education completed, 2023-24. The most common level is some college (28.8%).
Source: U.S. Bureau of Labor Statistics, Employment Projections, Education and training tables 5.1 to 5.4. Attainment 2023-24 (ACS); wages 2025; projections 2025-35. Published August 27, 2026. Retrieved October 18, 2026. Methodology.

O*NET describes this preparation level as: Most occupations in this zone require training in vocational schools, related on-the-job experience, or an associate's degree.

Degrees and programs that lead to this career

Programs officially mapped to this occupation in the NCES and BLS CIP to SOC crosswalk. A mapping means the program commonly prepares students for the occupation, not that every graduate works in it. Official crosswalk

Source: National Center for Education Statistics and U.S. Bureau of Labor Statistics, CIP 2020 to SOC 2018 Crosswalk. CIP 2020 and SOC 2018 taxonomies. Published April 30, 2020. Retrieved October 18, 2026. Methodology.

Skills, knowledge, and daily work

Most important skills

Active Listening4.0
Speaking4.0
Reading Comprehension3.5
Critical Thinking3.1
Monitoring3.1
Writing3.0
Mathematics2.9
Active Learning2.8
O*NET importance rating on a 1 to 5 scale.

Most important knowledge areas

Customer and Personal Service4.8
Sales and Marketing4.4
Administrative4.1
English Language4.0
Computers and Electronics3.5
Mathematics3.5
Economics and Accounting3.3
Public Safety and Security3.1
O*NET importance rating on a 1 to 5 scale.

Typical tasks

  • Perform teller duties as required.
  • Compile information about new accounts, enter account information into computers, and file related forms or other documents.
  • Collect and record customer deposits and fees and issue receipts, using computers.
  • Inform customers of procedures for applying for services, such as ATM cards, direct deposit of checks, and certificates of deposit.
  • Answer customers' questions and explain available services, such as deposit accounts, bonds, and securities.
  • Interview customers to obtain information needed for opening accounts or renting safe-deposit boxes.
  • Refer customers to appropriate bank personnel to meet their financial needs.
  • Investigate and correct errors upon customers' request, according to customer and bank records.

Technology skills

  • Microsoft Excel (in demand)
  • Microsoft Office software (in demand)
  • Microsoft PowerPoint (hot technology)
  • Microsoft SharePoint (hot technology)
  • Microsoft Word (hot technology)
  • Corporate Information Factory CIF
  • DCI iCore
  • Email software
  • Financial needs analysis software
  • Fiserv financial services software
  • Harland Financial Solutions DepositPro
  • IBM Lotus Notes
  • IPS-Sendero Relationship Profitability Manager Catalyst
  • Microsoft Dynamics GP
  • Microsoft Internet Explorer
  • Systems Union Group MIS DecisionWare

Transferable skills for career changers: Service Orientation, Social Perceptiveness, Coordination, Persuasion, Judgment and Decision Making, Time Management.

Common job titles: Banking Services Representative, Customer Service Specialist, Financial Service Representative, Financial Services Representative, Member Service Representative, New Accounts Clerk, New Accounts Representative, Personal Banker, Relationship Banker, Universal Banker.

This page includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET is a trademark of USDOL/ETA. ConnectPrep has modified all or some of this information. USDOL/ETA has not approved, endorsed, or tested these modifications.
Source: National Center for O*NET Development for USDOL/ETA, O*NET 31.0 Database (August 2026 release). Database release 31.0, August 2026; element dates vary by occupation. Published August 25, 2026. Retrieved October 18, 2026. Methodology.

Is it worth it? Model the cost of getting there

Use the ROI calculator to compare the cost of the education this career usually requires against staying on your current path. It starts from the official wage distribution above, and you can change every assumption.

Frequently asked questions

How much do new accounts clerks make?

The national median annual wage for new accounts clerks was $47,670 in May 2025, according to the BLS Occupational Employment and Wage Statistics program. The lowest paid 10 percent earned less than $38,180 and the highest paid 10 percent earned more than $60,910. These figures cover all workers in the occupation, not only new entrants.

What education do new accounts clerks need?

BLS lists high school diploma or equivalent as the typical education needed to enter this occupation, with none of related work experience and moderate-term on-the-job training on-the-job training typically needed to become competent.

Is new accounts clerks a growing career?

BLS projects employment of new accounts clerks to change -6.5% from 2025 to 2035, compared with +3.5% for all occupations. About 2,300 openings are projected each year on average, including openings from workers who retire or change occupations.

Which states pay new accounts clerks the most?

By median annual wage in May 2025, the highest paying states were District of Columbia ($60,990), North Dakota ($57,970), New York ($57,950). Pay differences partly reflect differences in living costs.

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