New Accounts Clerks: Salary, Job Description, How To Become One, and Quiz

Stan T.Career, OverviewLeave a Comment

Job description

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

  • Answer customers’ questions and explain available services, such as deposit accounts, bonds, and securities.
  • Compile information about new accounts, enter account information into computers, and file related forms or other documents.
  • Inform customers of procedures for applying for services, such as ATM cards, direct deposit of checks, and certificates of deposit.
  • Perform teller duties as required.
Read more about what does a New Accounts Clerk really do at work and what is it like being and working as one.



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Salary

Average salary
$37000 per year

Average hourly wage
$18 per hour


New Accounts Clerks with little to no experience tend to make between $26460 and $30300 while the more experienced ones can earn over $42050 per year.

Top 5 paying states Hourly Annual
DC $23 $47,550
RI $22 $46,560
CT $21 $43,960
DE $21 $43,750
WA $21 $43,670

One of the easiest ways to increase your salary as a New Accounts Clerk is to move to a higher paying state like DC. Right now, the highest paying states for New Accounts Clerks are DC, RI, CT, DE and WA.

However, a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be twice as high than where you are currently at now.

Three other factors that can increase your salary as a New Accounts Clerk is the degree you hold, the industry you work in, and lastly the company you work for.


Requirements

Recommended degree level
No degree required

We asked other New Accounts Clerks what degree they had when they got the job and most of them said they had a High School Diploma followed by a College Certificate.

Other than that, we also asked them what did they major in and here are the most popular majors that came up.

Banking and Financial Support Services
Read more about how to become a New Accounts Clerk and the degree, training and education you need.


Pros and Cons

Here are some of the pros and cons of being a New Accounts Clerk.

PROS
Suitable for people who likes to follow routines
Suitable for people who wants to work in a supportive work environment
This career is perfect for people who love to work indoors.
It is easy to get into this career. Some previous work-related skill, knowledge, or experience is required for this career.
CONS
Not suitable for people who likes to work with designs
One of the lowest paying jobs
Demand for this career is declining


What is the job like

Job satisfaction
66%

Is this job meaningful
48%


66% of New Accounts Clerks said they were satisfied with their job and 48% said they feel like their job is making other people’s lives better.


Is this right for me

Best personality for this career
The Organizers and The Entrepreneurs

You can read more about these career personality types here.

People who are suitable for this job tends to like following set procedures and routines. They like working with data and details more than with ideas..

They also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.



Learn more about New Accounts Clerks

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Related career information

New Accounts Clerks job description, New Accounts Clerks salary, New Accounts Clerks information, what is the job of a New Accounts Clerk like, pros and cons about New Accounts Clerks, colleges and universities for New Accounts Clerks, is New Accounts Clerks the right career for me, careers in Office and Administration

Similar careers

Administrative Assistant, Application Processor, Bank Representative, Banking Services Clerk, Consumer Banker, Customer Service Officer, Customer Service Representative, Customer Service Specialist, Financial Service Representative, Financial Services Counselor

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