FAQ
New Accounts Clerk FAQ
Answers to the most common questions about working as a new accounts clerk.
Straight answers to the questions people ask most about becoming a new accounts clerk: pay, training time, degrees, certifications and whether it’s a good career.
9 questions about new accounts clerks
Do new accounts clerks need a degree?
No.
Is the job declining?
BLS projects decline.
Is it a path to personal banker?
Yes.
How much does a new accounts clerk make?
The median annual wage for new accounts clerks was $47,670 ($22.92 per hour) in May 2025, according to the U.S. Bureau of Labor Statistics. The lowest 10% earned less than $38,180 and the highest 10% earned more than $60,910.
How long does it take to become a new accounts clerk?
Most people need about A few months on the job of training. A high school diploma and moderate on-the-job training are typical.
Do you need a degree to be a new accounts clerk?
No four-year degree is typically required. BLS lists “high school diploma or equivalent” as the typical entry-level education, plus moderate-term on-the-job training.
Is new accounts clerk a good career?
It can be, depending on your goals. Employment is projected to change -6.5% from 2025–35 (a projected decline), with about 2,300 openings each year. Upsides include entry to banking; a common challenge is that declining employment.
What skills does a new accounts clerk need?
Key technical skills include banking products, identity verification, account opening systems, and bsa/aml. Employers also value friendliness, accuracy, and clear explanation.
What certifications are available for new accounts clerks?
Common credentials include BSA/AML training, Banking product training, Customer service training, and ABA banking courses. Requirements vary by state and employer.
Still deciding?
Try the New Accounts Clerk fit quiz, compare with Bank Teller, or explore New Accounts Clerk training.
Sources
- U.S. Bureau of Labor Statistics, BLS Occupational Employment and Wage Statistics (OEWS), May 2025, SOC 43-4141 (New accounts clerks).
- U.S. Bureau of Labor Statistics, BLS Employment Projections, Table 1.2 (2025–35).
- O*NET OnLine summary for New accounts clerks (U.S. Department of Labor).
- BLS Occupational Outlook Handbook.
Reviewed by the Career Education Institute Curriculum Team. Pay figures are national estimates; local pay varies. See our editorial policy.