As of July 01, 2026, the average salary for a Banking Operations Clerk I in Maryland is $40,782 per year, which breaks down to an hourly rate of $20.
However, a Banking Operations Clerk I's salary can vary significantly. Here’s a look at the typical salary range:
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A Banking Operations Clerk I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Banking Operations Clerk I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Banking Operations Clerk I | 0-1 years | $40,782 |
| Banking Operations Clerk II | 1-3 years | $45,107 |
| Banking Operations Clerk III | 3-5 years | $50,221 |
| Banking Operations Supervisor | 5+ years | $64,864 |
| Banking Operations Senior Supervisor | 5+ years | $74,192 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Banking Operations Clerk Is. For example, consider the average annual salaries in these key locations:
Banking Operations Clerk I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $44,102. While startup companies pay approximate $37,322.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $37,322 |
| Growth Stage | 51~500 | $39,472 |
| Established | 501~5000 | $42,596 |
| Enterprise | 5000+ | $44,102 |
For Banking Operations Clerk I roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 50% above the average. In contrast, Banking Operations Clerk positions in Retail & Wholesale or Business Services typically offer lower base pay, as these industries often view Banking Operations Clerk I as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $61,173 | $29.0 | 50% |
| Edu., Gov't. & Nonprofit | $44,860 | $22.0 | 10% |
Understanding how a Banking Operations Clerk I's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on July 01, 2026Promotions are the fastest way to increase your earnings. As a Banking Operations Clerk I, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Card Service Representative | $46,835 | 15% |
| Online Banking Service Specialist | $45,751 | 12% |
| ATM Service Technician | $51,296 | 26% |
| Banking Operations Clerk II | $45,107 | 11% |
Ready to take the next step in your career? Browse thousands of current Banking Operations Clerk I job openings on our job board. Use the search bar below to find your perfect match.
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