Interview persons desiring to open accounts in financial institutions. Explain account services available to prospective customers and assist them in preparing applications.
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Licensing, certifications and working conditions
State licensing. CareerOneStop's licensing data records no state license for New Accounts Clerks, which usually means it is not a licensed occupation. Requirements can still vary by employer and state.
Sources: CareerOneStop (licenses and certifications), part of the CareerOneStop suite of web products, sponsored by the U.S. Department of Labor Employment and Training Administration; U.S. Bureau of Labor Statistics (working conditions, wages). MajorPays has reorganized this information; these agencies have not approved or endorsed it. See it interactively, with state-by-state detail →
More data on this career
Where the jobs are, and what they pay by industry. Nationwide, the industries that employ the most new accounts clerks are Credit Intermediation and Related Activities (94% of the jobs counted, median pay $47,590), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (2% of the jobs counted, median pay $53,890), Management of Companies and Enterprises (2% of the jobs counted, median pay $49,350), Nondepository Credit Intermediation (1% of the jobs counted, median pay $39,190) (U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025). Among large industries, the highest median pay is in Securities, Commodity Contracts, and Other Financial Investments and Related Activities ($53,890), Management of Companies and Enterprises ($49,350), Credit Intermediation and Related Activities ($47,590). Pay differs by industry for many reasons, including the mix of jobs and where employers are located.
Injury and illness rates. For the broader group "Information and record clerks", which includes this career (BLS did not publish enough cases for this exact occupation), employers reported 35.4 nonfatal injury and illness cases with days away from work per 10,000 full-time workers, compared with 94.6 for all U.S. workers; the median case kept the worker away 6 days (all workers: 8) (U.S. Bureau of Labor Statistics, 2023-2024). Rates reflect the work setting as well as the occupation.
Union membership. In the broad group "Office and administrative support", which includes this career, 8.7% of wage and salary workers belong to a union (all U.S. workers: 10.0%); median weekly pay is $1,145 for union members and $963 for workers not in a union (U.S. Bureau of Labor Statistics, Current Population Survey, 2025). This is a group figure, not specific to new accounts clerks.
Employer benefits. In the broad group "Office and administrative support", which includes this career, 78% of civilian workers had access to an employer retirement plan, 80% had access to employer medical care benefits, and 88% had paid sick leave, 88% paid vacation and 90% paid holidays (all civilian workers: 75%, 74%, 83%, 77% and 79%) (U.S. Bureau of Labor Statistics, National Compensation Survey, March 2026). This is a group figure, not specific to new accounts clerks, and having access to a benefit does not mean every worker uses it. The Bureau of Labor Statistics has not endorsed this presentation. Employers spent about $38.27 per hour worked on total compensation for the occupational group "Office and administrative support" in June 2026 ($25.47 in wages and salaries and $12.80 in benefits, 33.5% of the total; all civilian workers: $49.46, with 31.6% in benefits) (U.S. Bureau of Labor Statistics, Employer Costs for Employee Compensation).
Work environment. In O*NET's survey of workers in this occupation, the conditions most often placed at the two highest levels for new accounts clerks are: telephone conversations (100%), e-mail (100%), contact with others (100%), importance of being exact or accurate (100%), face-to-face discussions with individuals and within teams (90%), importance of repeating same tasks (84%). Each percentage is the share of respondents choosing the top two levels for that condition (for example 'most of the time' or 'continually'), so it describes how common the condition is in the job, not how a particular workplace is (O*NET 31.0 Database, U.S. Dept. of Labor, ETA, CC BY 4.0).
Typical preparation. In O*NET's survey of workers in this occupation, for related work experience, the most common answer (46% of 19 respondents) was "over 6 months, up to and including 1 year"; for on-the-job training, the most common answer (31% of 19 respondents) was "anything beyond short demonstration, up to and including 1 month". These are what workers report is needed to do the job; employers' requirements and individual paths vary (O*NET 31.0 Database, U.S. Dept. of Labor, ETA, CC BY 4.0).
Related careers. O*NET lists these occupations as similar to new accounts clerks in the work done and the skills used: Tellers, Brokerage Clerks, Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel, Customer Service Representatives, Securities, Commodities, and Financial Services Sales Agents, Credit Authorizers, Checkers, and Clerks, Loan Officers, Bill and Account Collectors (O*NET 31.0 Database, U.S. Dept. of Labor, ETA, CC BY 4.0).
Compare new accounts clerks with other careers (pay, growth, openings and education side by side).
Sources: U.S. Census Bureau, American Community Survey 2024 PUMS (MajorPays' own estimates from the survey; Census is credited as the source of the original data and has not endorsed them); BLS Survey of Occupational Injuries and Illnesses; BLS Current Population Survey; BLS National Compensation Survey (employee benefits); HRSA National Center for Health Workforce Analysis; U.S. Department of Labor, Office of Foreign Labor Certification (LCA disclosure data, FY2025). MajorPays has selected and reorganized these figures; these agencies have not approved or endorsed them. See it interactively →
Banking and Financial Support Services
CIP 52.0803