Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, aged to 2026 using compounded market movement. State selections show BLS state-level figures where published. Actual pay varies with experience, industry, and organization size.
Base salary plus target annual bonus. Target bonus opportunity scales with role level, so a higher base carries a higher target percentage.
Base salary
$51,000
National baseline
Target bonus
$4,500
8.6% of base
Total target cash
$55,500
Base plus target bonus
Bonus percentiles:25th$2,50050th$4,50075th$7,500
Long-term incentive is not shown for this role. Equity awards are only disclosed publicly for the named executive officers of public companies, so no market figure exists for most jobs. See executive pay disclosures.
Typical entry preparation: High School Diploma and up to 1 year of related work experience, per O*NET occupational data. Advancement typically requires additional years in role.
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.
Top skills:SpeakingActive ListeningReading ComprehensionService OrientationSocial PerceptivenessMonitoring
Includes information from O*NET OnLine by the U.S. Department of Labor, Employment and Training Administration (CC BY 4.0).
New Accounts Clerk pay by experience level
Entry level$39,500
Typical starting pay (about the 10th percentile)
Early career$45,500
A few years in (about the 25th percentile)
Experienced$49,500
Mid-career median pay
Senior$57,000
Seasoned professionals (about the 75th percentile)
Top earners$63,000
Highest earners (about the 90th percentile)
Experience tiers are derived from the BLS wage percentile distribution for this occupation, aged to 2026. Actual pay varies by employer, location, and specialization.
Job outlook
-13.2%
projected change in jobs, 2024–2034
2,300
projected openings per year
Declining
Source: U.S. Bureau of Labor Statistics, Employment Projections program (2024–2034). Openings include growth and replacement needs.
New Accounts Clerk salary by industry
Credit Intermediation and Related Activities
34,800 workers
$51,000
Credit Intermediation and Related Activities (5221 and 5223 only)
34,390 workers
$51,000
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
820 workers
$58,000
Management of Companies and Enterprises
780 workers
$55,500
Management of Companies and Enterprises
780 workers
$55,500
Nondepository Credit Intermediation
410 workers
$44,000
Insurance Carriers
90 workers
$65,000
Administrative and Support Services
90 workers
$48,000
Employment Services
80 workers
$47,500
Professional, Scientific, and Technical Services
40 workers
$51,500
National sector-level figures, BLS OEWS May 2025, aged to 2026.
Typical duties and FLSA status
Core duties
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.
FLSA classification (typical)
Typically Non-exempt · Service, trades, or production work
Occupations in this SOC group are typically classified as Non-exempt and eligible for overtime pay under FLSA rules. Actual classification depends on the specific job duties, salary basis, and any applicable state or local rules. The current federal salary threshold for exemption is $684 per week ($35,568 per year), per the 2020 Department of Labor rule; the 2024 rule that would have raised the threshold was struck down by federal court in November 2024.
How this role compares
New Accounts Clerk pays 6% below the average across 55 roles in the Office and Administrative Support job family (family average $54,000).
Similar-paying roles in Office and Administrative Support
Need New Accounts Clerk pay benchmarked for your organization, or defensible compensation analysis for a dispute or valuation? Grahall builds it from primary sources, backed by an expert who testifies.
