What are the main factors that influence a Lockbox Processor II's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Lockbox Processor II?

The Financial Services industry offers the highest average compensation for Lockbox Processor II roles, with salaries approximately 30% above the market median.

How does experience change A Lockbox Processor 's salary?

A Lockbox Processor 's salary grows with experience: a Loan Processor I (0-1 years)earns $44,048, a Lockbox Processor II (1-3 years)earns $49,342, a Loan Processor III (3-5 years)earns $59,815, a Loan Processing Supervisor (5+ years)earns $64,642,

What are the highest paying states for a Lockbox Processor II?

Lockbox Processor II salary varies significantly by state. The top 3 highest paying states for Lockbox Processor II roles are District of Columbia $55,040, California $54,831, Massachusetts $54,100. These tech hubs typically pay 10-15% above the national average.

How much do different types of Lockbox Processor roles make?

Salaries for Lockbox Processor level roles vary by specialization: Lockbox Manager: $83,240; Accounts Payable Processor II: $50,190; Mortgage Lending Processor II: $50,190; Business Loan Processor II: $49,790; Commercial Lending Processor II: $49,773.

How do different companies affect a Lockbox Processor II's salary?

Company size, industry, and compensation structure create significant salary variations for Lockbox Processor II roles. Large, established industry leaders like Kpmg Us LLP ($114,295) and Warner Bros Discovery ($114,096) offer base salaries 35-40% above the national average. In contrast, smaller firms or startups may offer closer to $88,138.

Lockbox Processor II Salary in the United States

How much does a Lockbox Processor II make in the United States?

As of July 01, 2026, the average salary for a Lockbox Processor II in the United States is $49,711 per year, which breaks down to an hourly rate of $24.

However, a Lockbox Processor II's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $59,291
Majority Range (25th-75th percentile): $45,935 to $54,726
Entry-Level (10th percentile): $42,497

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Lockbox Processor II Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$54,726	$4,560	$1,052	$26
Average	$49,711	$4,143	$956	$24
25th Percentile	$45,935	$3,828	$883	$22

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Key Factors That Influence Lockbox Processor II Salaries

A Lockbox Processor II'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, education and company size can directly affect your earning potential.

How Do Lockbox Processor II Salaries Vary from State to State?

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 Lockbox Processor IIs. For example, consider the average annual salaries in these key locations:

District of Columbia: $55,040.
California: $54,831.
Massachusetts: $54,100.

District of Columbia $55,040

California $54,831

Massachusetts $54,100

Washington $53,902

New Jersey $53,882

Alaska $53,812

Connecticut $53,126

New York $52,848

Hawaii $51,958

Rhode Island $51,540

Maryland $51,257

Minnesota $50,869

Colorado $50,720

Illinois $50,670

Oregon $50,481

Delaware $50,342

New Hampshire $50,255

Virginia $50,059

Pennsylvania $49,487

Nevada $49,199

North Dakota $49,104

Michigan $48,955

Wisconsin $48,901

Vermont $48,791

Texas $48,488

Maine $48,468

Arizona $48,438

Ohio $48,404

Georgia $47,946

Indiana $47,717

Wyoming $47,673

Utah $47,603

Iowa $47,573

Kansas $47,335

Louisiana $47,265

North Carolina $47,240

Missouri $47,230

Florida $47,036

Montana $46,932

Nebraska $46,833

Kentucky $46,778

South Carolina $46,579

Tennessee $46,455

Idaho $46,405

New Mexico $46,042

Oklahoma $45,963

Alabama $45,669

South Dakota $45,177

Arkansas $44,909

West Virginia $44,765

Mississippi $44,332

Top Paying Cities for Lockbox Processor IIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

San Jose: $62,700
San Francisco: $62,014
Oakland: $60,707

San Jose, CA $62,700

San Francisco, CA $62,014

Oakland, CA $60,707

New York, NY $57,237

Paramus, NJ $56,541

Queens Village, NY $56,538

Passaic, NJ $56,491

Bergenfield, NJ $56,486

Stamford, CT $56,377

Huntington, NY $56,357

Newark, NJ $55,989

Bridgeport, CT $55,884

Vallejo, CA $55,786

New Brunswick, NJ $55,766

Petaluma, CA $55,736

Middlesex, NJ $55,641

Somerset, NJ $55,607

Santa Cruz, CA $55,542

Boston, MA $55,239

Monterey, CA $55,064

Seattle, WA $54,950

Santa Rosa, CA $54,940

Los Angeles, CA $54,926

Juneau, AK $54,796

Washington, DC $54,742

Orange, CA $54,565

Santa Ana, CA $54,433

Long Beach, CA $54,384

Anaheim, CA $54,374

Anchorage, AK $54,349

Santa Maria, CA $54,200

Everett, WA $54,190

Danbury, CT $54,015

Bremerton, WA $53,946

Tacoma, WA $53,767

New Suffolk, NY $53,766

Sacramento, CA $53,752

Santa Barbara, CA $53,698

Trenton, NJ $53,643

San Diego, CA $53,643

Brockton, MA $53,588

Fairbanks, AK $53,467

Lompoc, CA $53,340

Lowell, MA $53,300

Ventura, CA $53,290

Nashua, NH $53,280

Stockton, CA $53,275

Modesto, CA $52,912

Poughkeepsie, NY $52,803

Olympia, WA $52,708

Kennewick, WA $52,708

New Haven, CT $52,689

Lawrence, MA $52,510

Hartford, CT $52,460

Riverside, CA $52,450

New Bedford, MA $52,400

Richland, WA $52,400

Bakersfield, CA $52,331

San Bernardino, CA $52,311

New Britain, CT $52,306

Atlantic City, NJ $52,306

New London, CT $52,286

Norwich, CT $52,271

Portsmouth, NH $52,261

Boulder, CO $52,156

Portland, OR $52,087

Worcester, MA $52,082

Minneapolis, MN $51,928

Philadelphia, PA $51,858

Honolulu, HI $51,694

Saint Paul, MN $51,671

Vineland, NJ $51,660

Providence, RI $51,515

Chicago, IL $51,371

Bellingham, WA $51,312

Springfield, MA $51,272

Baltimore, MD $51,257

Chico, CA $51,133

Pittsfield, MA $50,998

Manchester, NH $50,904

Spokane, WA $50,685

Denver, CO $50,680

Albany, NY $50,447

Troy, NY $50,427

Nassau, NY $50,374

Schenectady, NY $50,322

Wilmington, DE $50,283

Burlington, VT $50,213

Salem, OR $50,193

Portland, ME $50,039

Yakima, WA $49,989

Rochester, MN $49,835

Reno, NV $49,810

Fresno, CA $49,810

Milwaukee, WI $49,766

Detroit, MI $49,716

Ann Arbor, MI $49,707

Allentown, PA $49,701

Colorado Springs, CO $49,616

Syracuse, NY $49,592

Carson City, NV $49,592

Houston, TX $49,522

Eugene, OR $49,497

Gary, IN $49,437

Springfield, OR $49,398

Bismarck, ND $49,388

Galveston, TX $49,353

Medford, OR $49,278

Fort Collins, CO $49,259

Concord, NH $49,234

Austin, TX $49,219

Mesa, AZ $49,114

Reading, PA $49,109

Phoenix, AZ $49,104

Dallas, TX $49,090

Saint Cloud, MN $49,042

Madison, WI $48,975

Utica, NY $48,841

Rochester, NY $48,761

Des Moines, IA $48,756

Raleigh, NC $48,751

Atlanta, GA $48,677

Battle Creek, MI $48,662

Salt Lake City, UT $48,647

Lancaster, PA $48,573

Harrisburg, PA $48,503

Kansas City, MO $48,453

Champaign, IL $48,443

Kansas City, KS $48,443

Fort Worth, TX $48,438

Columbus, OH $48,430

Boca Raton, FL $48,418

Pittsburgh, PA $48,399

Richmond, VA $48,379

Indianapolis, IN $48,369

Cleveland, OH $48,364

Las Vegas, NV $48,304

Cincinnati, OH $48,304

Petersburg, VA $48,230

Huntsville, AL $48,155

Lansing, MI $48,122

Lebanon, PA $48,115

Pueblo, CO $48,110

Appleton, WI $48,095

Buffalo, NY $48,075

Dayton, OH $48,060

Racine, WI $48,051

Charlotte, NC $48,046

Saint Louis, MO $48,031

York, PA $48,001

Elkhart, IN $48,001

Gastonia, NC $47,991

Billings, MT $47,979

Beaumont, TX $47,966

Lorain, OH $47,956

Benton Harbor, MI $47,946

Toledo, OH $47,936

Binghamton, NY $47,911

Rock Hill, SC $47,906

Rockford, IL $47,882

Springfield, IL $47,862

Elyria, OH $47,857

Fargo, ND $47,857

Flagstaff, AZ $47,822

Fort Lauderdale, FL $47,792

Duluth, MN $47,762

Miami, FL $47,762

Cheyenne, WY $47,727

Grand Forks, ND $47,727

Bangor, ME $47,618

Cedar Rapids, IA $47,563

Durham, NC $47,543

Louisville, KY $47,539

Grand Rapids, MI $47,529

Hialeah, FL $47,524

Casper, WY $47,454

Scranton, PA $47,394

New Orleans, LA $47,379

Virginia Beach, VA $47,374

Akron, OH $47,350

Peoria, IL $47,285

Sarasota, FL $47,275

Nashville, TN $47,240

Omaha, NE $47,240

Green Bay, WI $47,240

Baton Rouge, LA $47,215

Charleston, SC $47,205

Jamestown, NY $47,181

Davenport, IA $47,181

Tucson, AZ $47,156

Saint Petersburg, FL $47,126

Tampa, FL $47,116

Evansville, IN $47,086

Port Arthur, TX $47,086

Bradenton, FL $47,066

Santa Fe, NM $46,977

Orlando, FL $46,887

Clearwater, FL $46,872

Canton, OH $46,768

La Crosse, WI $46,768

Albuquerque, NM $46,738

Newport News, VA $46,733

High Point, NC $46,718

Ogden, UT $46,698

Corpus Christi, TX $46,659

Norfolk, VA $46,629

Laramie, WY $46,629

Rock Island, IL $46,599

Saginaw, MI $46,589

Jacksonville, FL $46,584

Salisbury, NC $46,574

Boise, ID $46,564

Moline, IL $46,539

Fort Myers, FL $46,524

Memphis, TN $46,514

Tulsa, OK $46,490

Waterloo, IA $46,460

Spartanburg, SC $46,410

Lincoln, NE $46,385

Fort Wayne, IN $46,375

Provo, UT $46,370

Cedar Falls, IA $46,311

San Antonio, TX $46,291

Greensboro, NC $46,271

South Bend, IN $46,266

Savannah, GA $46,211

Muskegon, MI $46,191

Birmingham, AL $46,186

Winston Salem, NC $46,162

Lake Charles, LA $46,042

Anderson, IN $46,032

Lexington, KY $46,017

Augusta, GA $46,002

Greenville, SC $46,002

Lima, OH $45,963

Wichita, KS $45,958

Tuscaloosa, AL $45,958

Columbia, SC $45,913

Springfield, OH $45,903

Asheville, NC $45,824

Bloomington, IN $45,789

Knoxville, TN $45,610

Shreveport, LA $45,605

Wilmington, NC $45,540

Roanoke, VA $45,540

Topeka, KS $45,451

Frankfort, KY $45,445

Oklahoma City, OK $45,411

Chillicothe, OH $45,391

Longview, TX $45,386

Melbourne, FL $45,381

Sioux Falls, SD $45,302

Mobile, AL $45,297

Terre Haute, IN $45,277

Altoona, PA $45,247

Amarillo, TX $45,212

Killeen, TX $45,197

Fayetteville, AR $45,157

Chattanooga, TN $45,142

Sioux City, IA $45,098

Idaho Falls, ID $45,088

Lynchburg, VA $45,048

Gainesville, FL $44,983

Portsmouth, OH $44,959

Little Rock, AR $44,949

Lafayette, LA $44,929

Youngstown, OH $44,929

Daytona Beach, FL $44,899

Clarksville, TN $44,894

Pensacola, FL $44,889

Temple, TX $44,885

Hopkinsville, KY $44,740

Erie, PA $44,730

Florence, SC $44,710

Charleston, WV $44,630

Great Falls, MT $44,606

Macon, GA $44,536

Tallahassee, FL $44,531

Fayetteville, NC $44,521

Waco, TX $44,511

Helena, MT $44,476

Pine Bluff, AR $44,457

Vincennes, IN $44,397

Lubbock, TX $44,377

Alamogordo, NM $44,347

Twin Falls, ID $44,302

Rapid City, SD $44,287

Jackson, MS $44,198

Huntington, WV $44,194

Greenville, MS $44,193

Parkersburg, WV $44,142

Montgomery, AL $44,133

Wichita Falls, TX $44,084

Springfield, MO $44,084

Biloxi, MS $44,059

Monroe, LA $44,009

Johnstown, PA $43,974

Sumter, SC $43,954

Columbus, GA $43,949

Pascagoula, MS $43,855

Abilene, TX $43,855

Kingsport, TN $43,726

Albany, GA $43,726

Gulfport, MS $43,711

Alexandria, LA $43,547

Fort Smith, AR $43,422

El Paso, TX $43,288

Las Cruces, NM $43,065

Harlingen, TX $42,938

Pocatello, ID $42,930

Florence, AL $42,866

Brownsville, TX $42,856

Mcallen, TX $42,751

Dothan, AL $42,682

Columbus, MS $42,386

Altus, OK $42,155

Lawton, OK $42,060

Pierre, SD $41,881

What Skills Can Increase a Lockbox Processor II's Salary?

Demanded Skills for the Role:

Customer Service (Mentioned in 9.84% Job Postings): 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.
Data Entry (Mentioned in 2.85% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
Loan Review (Mentioned in 1.38% Job Postings): Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.

See More Skills

Skills	Demand Percentage
Customer Service	9.84%
Data Entry	2.85%
Loan Review	1.38%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Lockbox Processor II's salary.

Team Operations: Can increase your salary by up to 7%.
Leadership: Can increase your salary by up to 6%.
Onboarding: Can increase your salary by up to 5%.

Skill	Salary	Salary % Increase
Team Operations	$53,191	7%
Leadership	$52,694	6%
Onboarding	$52,196	5%
Prioritization	$52,196	5%
Presentation	$52,196	5%
Customer Relationship	$51,699	4%

Get Latest Data

Lockbox Processor II Salary by Industry: Top Paying Sectors

For Lockbox Processor II roles, the industry you choose can impact your earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 30% above the average. Conversely, Lockbox Processor positions in Business Services typically offer lower base pay, as this sector often view Lockbox Processor II as a support function rather than a direct revenue driver.

The top paying industry for a Lockbox Processor II

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Financial Services	$64,624	$31.0	30%

How Education impacts a Lockbox Processor II's Salary?

Your level of education can impact your salary potential. While many Lockbox Processor IIs enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Lockbox Processor II with a High School Diploma or Technical Certificate is between $44,900 and $47,669).

Lockbox Processor II Salaries by Degree Level

Typical Education for Lockbox Processor II

No Diploma 48.5%

High School 48.5%

Associates 18.2%

Bachelors 27.3%

Masters 6.1%

Doctorate 0.0%

view as table

Degree Level	% of user with this level of education
No Diploma	48.5%
High School	48.5%
Associates	18.2%
Bachelors	27.3%
Masters	6.1%
Doctorate	0.0%

view as graph

Lockbox Processor II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Lockbox Processor II'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, 2026

$45,935

Average $49,711/year

$54,726

$3,828

Average $4,143/month

$4,560

$883

Average $956/week

$1,052

$22

Average $24/hour

$26

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$54,726	$4,560	$1,052	$26
Average	$49,711	$4,143	$956	$24
25th Percentile	$45,935	$3,828	$883	$22

Salaries of jobs related to Lockbox Processor II

Salary Trends for Lockbox Processor II

Salaries for a Lockbox Processor II can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $45,634 in 2023 to around $45,575 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Lockbox Processor II salary trends, .

Average Annual Salary of Lockbox Processor II Over Time

2022

$???

2023

$45,634

2024

$45,759

2025

$45,575

2026

$???

2027

$???

Year	Average Annual Salary
2022	View More
2023	$45,634
2024	$45,759
2025	$45,575
2026	View More
2027	View More

Most common benefits for Lockbox Processor II

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Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

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