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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
Southwest Minnesota 17016$20.95/hr$18.21/hr$18.84/hr$19.18/hr$24.03/hr$24.76/hr

IndustryOES Employment (Statewide)OES Median Wage (Statewide)
Financial Activities1,530$19.38/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 20$23.22/hrN/A
La Crosse WI-MN MSA 30$18.98/hrN/A
Mankato-North Mankato MN MSA 30$19.59/hrN/A
Rochester MN MSA 30$19.59/hrN/A
Duluth MN-WI MSA 50$19.40/hrN/A
Fargo ND-MN MSA 50$23.24/hrN/A
Northeast Balance of State 50$19.59/hrN/A
St Cloud MN MSA 60$20.06/hrN/A
Southeast Balance of State 70$23.38/hrN/A
Northeast Minnesota 80$19.42/hr-7.9%
Southeast Minnesota 90$20.55/hr-9.3%
Southwest Balance of State 150$18.85/hrN/A
Southwest Minnesota 170$19.18/hr-9.6%
Central Minnesota 180$19.34/hr-10.4%
Northwest Balance of State 190$19.13/hrN/A
Northwest Minnesota 220$19.17/hr-8.5%
Seven County Mpls-St Paul, MN 770$19.64/hr-13.1%
Minneapolis-St Paul-Bloomington MN-WI MSA 850$19.64/hrN/A
Minnesota 1,530$19.39/hr-12.4%

Occupations Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Insurance Claims and Policy Processing Clerks 5,430$24.47/hr-1.3%
Tax Preparers 1,360$28.17/hr1.7%
Loan Officers 7,520$39.79/hr2.3%
Brokerage Clerks 1,790$24.98/hr-8.3%
Bookkeeping, Accounting, and Auditing Clerks 24,790$24.44/hr-4.4%
Bill and Account Collectors 4,150$23.54/hr-14.4%
Billing and Posting Clerks 7,800$24.18/hr-0.3%
Payroll and Timekeeping Clerks 2,810$25.27/hr-14.4%
Tax Examiners and Collectors, and Revenue Agents 1,440$31.90/hr-2.5%
Loan Interviewers and Clerks 4,500$24.46/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.