New Accounts Clerks in Iowa
Thinking about a career as a New Accounts Clerks in Iowa? Here’s what you need to know. Interview persons desiring to open accounts in financial institutions. Explain account services available to prospective customers and assist them in preparing applications.
What do New Accounts Clerks Make in Iowa?
For new accounts clerks working in Iowa, wages run about $44,720 per year (or roughly $21.50/hour).Earnings range from $36,030 at the 10th percentile to $55,880 at the 90th percentile.
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $36,030 | $17.32 |
| 25th percentile | $38,670 | $18.59 |
| Median (50th) | $44,720 | $21.50 |
| 75th percentile | $47,330 | $22.76 |
| 90th percentile | $55,880 | $26.87 |
The job concentration index in Iowa nationwide is 2.89, suggesting that new accounts clerks are more concentrated here than the national average.
National Wage Comparison
Nationally, new accounts clerks earn a median of $40,068 per year ($19.26/hour), above the Iowa median.
Employment Outlook
National employment for 290,931 new accounts clerks nationwide. In Iowa alone, around 1,110 people work in this role. That puts the state above the typical state, which employs around 430 new accounts clerks.
Top Iowa Metros for New Accounts Clerks
The largest metro-area employers of new accounts clerks in Iowa.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| Des Moines-West Des Moines, IA | 200 | $44,720 |
| Davenport-Moline-Rock Island, IA-IL | 100 | $44,390 |
| Cedar Rapids, IA | 70 | $43,920 |
| Waterloo-Cedar Falls, IA | 70 | $43,000 |
| Dubuque, IA | 60 | $46,770 |
| Iowa City, IA | 60 | $44,280 |
| Sioux City, IA-NE-SD | 40 | $45,740 |
Top States for New Accounts Clerks Employment
These states have the highest employment of new accounts clerks work.
| State | Number Employed |
|---|---|
| New York | 4,480 |
| Texas | 4,180 |
| Michigan | 3,090 |
| Illinois | 2,270 |
| Wisconsin | 1,970 |
| Oklahoma | 1,790 |
| North Carolina | 1,730 |
| Missouri | 1,620 |
| Minnesota | 1,360 |
| California | 1,170 |
| Iowa | 1,110 |
| Oregon | 980 |
| Georgia | 870 |
| Nebraska | 870 |
| Pennsylvania | 810 |
| Kansas | 800 |
| Florida | 770 |
| Nevada | 740 |
| Tennessee | 620 |
| Indiana | 520 |
Highest-Paying States for New Accounts Clerks
The highest-paying states for new accounts clerks.
| State | Annual Median Salary |
|---|---|
| North Dakota | $56,510 |
| California | $54,390 |
| Massachusetts | $52,800 |
| Hawaii | $50,030 |
| New York | $49,260 |
| Maryland | $49,200 |
| Oregon | $49,160 |
| Colorado | $49,080 |
| Washington | $49,000 |
| North Carolina | $48,840 |
Skills
Key new accounts clerks skills, rated on an importance scale of 0 to 5:
Knowledge Areas
Key knowledge areas for this occupation, rated on an importance scale of 0 to 5:
Abilities
The abilities that matter most for new accounts clerks, rated on an importance scale of 0 to 5:
Daily Tasks
Day-to-day, new accounts clerks typically:
- 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.
Work Activities
- Getting Information
- Communicating with Supervisors, Peers, or Subordinates
- Establishing and Maintaining Interpersonal Relationships
- Evaluating Information to Determine Compliance with Standards
- Making Decisions and Solving Problems
- Performing for or Working Directly with the Public
- Resolving Conflicts and Negotiating with Others
- Working with Computers
- Monitoring Processes, Materials, or Surroundings
- Processing Information
- Updating and Using Relevant Knowledge
- Identifying Objects, Actions, and Events
Tools & Technology
Common tools and software used in this occupation include: Hot technologies: Microsoft Excel In-demand technologies: Microsoft Office software
What Major Will Prepare You For This Career?
Several college majors map to this occupation:
- Finance & Financial Management
Featured schools near , edit
Related Careers
Related occupations to new accounts clerks include:
- Financial Managers
- Credit Analysts
- Financial and Investment Analysts
- Personal Financial Advisors
- Credit Counselors
- Loan Officers
Also Known As
Admit Clerk, Bank Representative, Banking Services Clerk, Banking Services Representative, Bilingual Personal Banker, Bilingual Spanish Personal Banker, Branch Service Specialist, Customer Service Specialist, Financial Service Representative, Financial Services Officer, Financial Services Representative, Member Service Representative, New Accounts Banking Representative, New Accounts Clerk, New Accounts Representative.
References
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 43-4141.00
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