As of March 01, 2025, the average annual salary for a New Accounts Representative I in the United States is $39,347. According to Salary.com, salaries can range from a low of $32,934 to a high of $47,111, with most professionals earning between $35,990 and $43,411.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $43,411 | $3,618 | $835 | $21 |
| Average | $39,347 | $3,279 | $757 | $19 |
| 25th Percentile | $35,990 | $2,999 | $692 | $17 |
An entry-level New Accounts Representative I with less than 1 year of experience earns about $38,649. With 1-2 years of experience, the average salary increases to $39,016. For 2-4 years of experience, the pay typically rises to $39,915. Senior-level professionals with 5-8 years of experience earn around $40,095, and those with over 8 years of experience can expect an average of $40,215.
| Levels | Salary |
|---|---|
| Entry Level New Accounts Representative I | $38,649 |
| Intermediate Level New Accounts Representative I | $39,016 |
| Senior Level New Accounts Representative I | $39,915 |
| Specialist Level New Accounts Representative I | $40,095 |
| Expert Level New Accounts Representative I | $40,215 |
| Entry Level | 2% |
| Mid Level | 1% |
| Senior Level | 1% |
| Top Level | 2% |
| Experienced | 2% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in New Accounts Representative I compensation over the past six years. For example, the median salary increased from $34,856 in 2023 to approximately $34,704 in 2024. (For a detailed analysis of New Accounts Representative I salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of New Accounts Representative I information for you to search for. Click on search button below to see New Accounts Representative I job openings or enter a new job title here.
Here are companies hiring for New Accounts Representative I and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $39,347 | 63.8% | ||
| Bonus | $1,199 | 1.9% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $3,102 | 5.0% | ||
| 401K/403B | $1,703 | 2.8% | ||
| Disability | $811 | 1.3% | ||
| Healthcare | $8,352 | 13.5% | ||
| Pension | $2,189 | 3.5% | ||
| Time Off | $4,990 | 8.1% | ||
| Total Compensation | $61,693 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 23.7% |
| Associates | 10.5% |
| Bachelors | 58.8% |
| Masters | 6.1% |
| Doctorate | 0.9% |
What Am I Worth?
The average annual salary of New Accounts Representative I is $39,347. In case you are finding an easy salary calculator, the average hourly pay of New Accounts Representative I is $19; the average weekly pay of New Accounts Representative I is $757; the average monthly pay of New Accounts Representative I is $3,279.
A New Accounts Representative I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a New Accounts Representative I earns the most in San Jose, CA, where the annual salary of a New Accounts Representative I is $49,380.
The highest pay for New Accounts Representative I is $47,111.
The lowest pay for New Accounts Representative I is $32,934.
New Accounts Representative I opens a variety of new accounts for customers including checking, IRA, CD and others. Collects required information from new account customers and completes account set up process including data input, verifying references, and documentation. Being a New Accounts Representative I provides information and answers questions regarding interest rates, fees, and bank policies. May complete process to transfer accounts for customers. Additionally, New Accounts Representative I makes appropriate referrals to cross-sell a variety of bank services. May require an associate degree. Typically reports to a supervisor or manager. The New Accounts Representative I possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Financial Services: A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
Prospecting: Prospecting is the first stage of the geological analysis (second – exploration) of a territory. It is the physical search for minerals, fossils, precious metals or mineral specimens, and is also known as fossicking. Prospecting is a small-scale form of mineral exploration which is an organised, large scale effort undertaken by commercial mineral companies to find commercially viable ore deposits. Prospecting is physical labour, involving traversing (traditionally on foot or on horseback), panning, sifting and outcrop investigation, looking for signs of mineralisation. In some areas a prospector must also make claims, meaning they must erect posts with the appropriate placards on all four corners of a desired land they wish to prospect and register this claim before they may take samples. In other areas publicly held lands are open to prospecting without staking a mining claim.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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