New Accounts Clerks

What new accounts clerks do

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.
• Execute wire transfers of funds.
• Issue initial and replacement safe-deposit keys to customers, and admit customers to vaults.
• Process loan applications.
• Obtain credit records from reporting agencies.

New Accounts Clerks salary

The median annual wage for new accounts clerks is $47,670 (BLS OEWS May 2025; BLS Employment Projections 2025–35, national). The lowest 10 percent earn less than $38,180 and the highest 10 percent earn more than $60,910. The mean annual wage is $49,370.

The mean hourly wage of $23.00 is 3.2× the federal minimum wage of $7.25. State minimums are higher in most large states. Minimum wage by state →

Pay by percentile

Annual wage percentiles from the BLS Occupational Employment and Wage Statistics (OEWS). Percentiles are a good proxy for pay by experience.

How median, percentiles and the pay range are defined →

Projected pay for New Accounts Clerks (3, 5 and 10 years)est.

Today $47,670 → in 3 years $50,100 → in 5 years $51,800 → in 10 years $56,200 (10-year range $48,400–$65,300). The model assumes pay growth of +1.7% per year.

What drives the annual growth rate

Projected pay = current pay × (1 + annual growth)^years. The annual growth rate starts from a base wage-growth rate and adds or subtracts labor demand (BLS projected employment growth), wage momentum and AI replacement risk for each occupation. Projections are not guarantees. How it is calculated →

Outlook score for New Accounts Clerks

Each component is a percentile rank among all occupations in the same country (0–100). Weights: labor demand 25, wage momentum / openings 15, pay level 15, AI resistance 25, aging workforce 10 (Japan only), entry barrier 10.

Will AI replace New Accounts Clerks? AI replacement risk

How AI is changing this job

A written analysis for this occupation is being prepared.

AI replacement risk compares the parts of a job that are easy to hand to AI or software (processing information, documentation, repetitive computer work) with the parts that are hard to automate (physical work, working closely with people, judgment in unpredictable settings), using O*NET work activities, work context, skills and knowledge. The result is a relative position among all occupations in the country, scaled to 0–100%. Methodology →

Labor demand for New Accounts Clerks

Employment projections are from the BLS Employment Projections program (2025–35). Annual openings include both new jobs and replacement of workers who leave the occupation.

Skills, education and requirements for New Accounts Clerks

What the work involves

Important abilities

Job Zone 3 — medium preparation needed (O*NET)

Difficulty of entry: ★★☆☆☆ Fairly easy (from education, training, experience and Job Zone)

How to become new accounts clerks

A step-by-step guide for this occupation is being prepared. The education, training and experience data above show the typical path.

Career path and how to earn more as new accounts clerks

Career-path guidance is being prepared. Pay by percentile is shown in the Pay section.

Related occupations