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Occupational Employment Statistics


43-4141 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.

Geography Click link for Career Profile EmploymentEmp SE*Percentiles
Northwest Minnesota 18017$21.27/hr$17.99/hr$18.70/hr$20.76/hr$23.24/hr$24.77/hr

IndustryOES Employment (Statewide)OES Median Wage (Statewide)
Financial Activities1,360$21.75/hr
Professional and Business ServicesN/AN/A
Education and Health ServicesN/AN/A
Geography Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Grand Forks ND-MN MSA 10$23.75/hrN/A
La Crosse WI-MN MSA 30$19.07/hrN/A
Mankato-North Mankato MN MSA 30$21.25/hrN/A
Rochester MN MSA 30$23.08/hrN/A
Northeast Balance of State 50$20.97/hrN/A
Duluth MN-WI MSA 60$19.58/hrN/A
St Cloud MN MSA 60$22.81/hrN/A
Fargo ND-MN MSA 70$21.24/hrN/A
Northeast Minnesota 70$22.07/hr-7.9%
Southeast Balance of State 80$22.18/hrN/A
Southeast Minnesota 90$22.37/hr-9.3%
Northwest Balance of State 160$20.77/hrN/A
Southwest Balance of State 160$20.76/hrN/A
Southwest Minnesota 180$20.77/hr-9.6%
Northwest Minnesota 180$20.76/hr-8.5%
Central Minnesota 190$21.75/hr-10.4%
Seven County Mpls-St Paul, MN 630$22.54/hr-13.1%
Minneapolis-St Paul-Bloomington MN-WI MSA 720$22.36/hrN/A
Minnesota 1,380$21.75/hr-12.4%

Occupations Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Insurance Claims and Policy Processing Clerks 4,850$23.90/hr-1.3%
Tax Preparers 1,430$30.00/hr1.7%
Loan Officers 8,020$38.66/hr2.3%
Brokerage Clerks 1,570$25.31/hr-8.3%
Bookkeeping, Accounting, and Auditing Clerks 26,540$23.64/hr-4.4%
Bill and Account Collectors 3,970$21.82/hr-14.4%
Billing and Posting Clerks 6,170$23.88/hr-0.3%
Payroll and Timekeeping Clerks 2,760$26.76/hr-14.4%
Tax Examiners and Collectors, and Revenue Agents 1,090$33.14/hr-2.5%
Loan Interviewers and Clerks 5,160$23.77/hr-2.0%

  • Process loan applications.
  • Collect and record customer deposits and fees and issue receipts, using computers.
  • Obtain credit records from reporting agencies.
  • Perform teller duties as required.
  • Answer customers' questions and explain available services, such as deposit accounts, bonds, and securities.
  • Execute wire transfers of funds.
  • Refer customers to appropriate bank personnel to meet their financial needs.
  • Issue initial and replacement safe-deposit keys to customers, and admit customers to vaults.
  • 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.