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

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 $49,340, a Loan Processor III (3-5 years)earns $59,804, a Loan Processing Supervisor (5+ years)earns $64,631,

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 $55,038, California $54,829, Massachusetts $54,098. 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: $49,763.

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 June 01, 2026, the average salary for a Lockbox Processor II in the United States is $49,709 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): $59,290
Majority Range (25th-75th percentile): $45,933 to $54,724
Entry-Level (10th percentile): $42,495

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Lockbox Processor II Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$54,724	$4,560	$1,052	$26
Average	$49,709	$4,142	$956	$24
25th Percentile	$45,933	$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: $55,038.
California: $54,829.
Massachusetts: $54,098.

District of Columbia $55,038

California $54,829

Massachusetts $54,098

Washington $53,899

New Jersey $53,879

Alaska $53,810

Connecticut $53,124

New York $52,845

Hawaii $51,956

Rhode Island $51,538

Maryland $51,255

Minnesota $50,867

Colorado $50,718

Illinois $50,668

Oregon $50,479

Delaware $50,340

New Hampshire $50,253

Virginia $50,057

Pennsylvania $49,485

Nevada $49,197

North Dakota $49,102

Michigan $48,953

Wisconsin $48,899

Vermont $48,789

Texas $48,486

Maine $48,466

Arizona $48,436

Ohio $48,401

Georgia $47,944

Indiana $47,715

Wyoming $47,671

Utah $47,601

Iowa $47,571

Kansas $47,333

Louisiana $47,263

North Carolina $47,238

Missouri $47,228

Florida $47,034

Montana $46,930

Nebraska $46,831

Kentucky $46,776

South Carolina $46,577

Tennessee $46,453

Idaho $46,403

New Mexico $46,040

Oklahoma $45,961

Alabama $45,667

South Dakota $45,175

Arkansas $44,907

West Virginia $44,763

Mississippi $44,330

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: $62,698
San Francisco: $62,011
Oakland: $60,704

San Jose, CA $62,698

San Francisco, CA $62,011

Oakland, CA $60,704

New York, NY $57,234

Paramus, NJ $56,538

Queens Village, NY $56,536

Passaic, NJ $56,489

Bergenfield, NJ $56,484

Stamford, CT $56,375

Huntington, NY $56,354

Newark, NJ $55,987

Bridgeport, CT $55,882

Vallejo, CA $55,783

New Brunswick, NJ $55,763

Petaluma, CA $55,734

Middlesex, NJ $55,639

Somerset, NJ $55,604

Santa Cruz, CA $55,540

Boston, MA $55,236

Monterey, CA $55,062

Seattle, WA $54,948

Santa Rosa, CA $54,938

Los Angeles, CA $54,923

Juneau, AK $54,794

Washington, DC $54,739

Orange, CA $54,562

Santa Ana, CA $54,431

Long Beach, CA $54,381

Anaheim, CA $54,371

Anchorage, AK $54,347

Santa Maria, CA $54,198

Everett, WA $54,188

Danbury, CT $54,013

Bremerton, WA $53,944

Tacoma, WA $53,765

New Suffolk, NY $53,764

Sacramento, CA $53,750

Santa Barbara, CA $53,695

Trenton, NJ $53,641

San Diego, CA $53,641

Brockton, MA $53,586

Fairbanks, AK $53,464

Lompoc, CA $53,338

Lowell, MA $53,297

Ventura, CA $53,288

Nashua, NH $53,278

Stockton, CA $53,273

Modesto, CA $52,910

Poughkeepsie, NY $52,801

Olympia, WA $52,706

Kennewick, WA $52,706

New Haven, CT $52,686

Lawrence, MA $52,507

Hartford, CT $52,458

Riverside, CA $52,448

New Bedford, MA $52,398

Richland, WA $52,398

Bakersfield, CA $52,328

San Bernardino, CA $52,309

New Britain, CT $52,304

Atlantic City, NJ $52,304

New London, CT $52,284

Norwich, CT $52,269

Portsmouth, NH $52,259

Boulder, CO $52,153

Portland, OR $52,085

Worcester, MA $52,080

Minneapolis, MN $51,926

Philadelphia, PA $51,856

Honolulu, HI $51,692

Saint Paul, MN $51,668

Vineland, NJ $51,657

Providence, RI $51,513

Chicago, IL $51,369

Bellingham, WA $51,309

Springfield, MA $51,270

Baltimore, MD $51,255

Chico, CA $51,130

Pittsfield, MA $50,996

Manchester, NH $50,902

Spokane, WA $50,683

Denver, CO $50,678

Albany, NY $50,444

Troy, NY $50,425

Nassau, NY $50,371

Schenectady, NY $50,320

Wilmington, DE $50,280

Burlington, VT $50,211

Salem, OR $50,191

Portland, ME $50,037

Yakima, WA $49,987

Rochester, MN $49,833

Reno, NV $49,808

Fresno, CA $49,808

Milwaukee, WI $49,763

Detroit, MI $49,714

Ann Arbor, MI $49,705

Allentown, PA $49,699

Colorado Springs, CO $49,614

Syracuse, NY $49,589

Carson City, NV $49,589

Houston, TX $49,520

Eugene, OR $49,495

Gary, IN $49,435

Springfield, OR $49,396

Bismarck, ND $49,386

Galveston, TX $49,351

Medford, OR $49,276

Fort Collins, CO $49,256

Concord, NH $49,232

Austin, TX $49,217

Mesa, AZ $49,112

Reading, PA $49,107

Phoenix, AZ $49,102

Dallas, TX $49,087

Saint Cloud, MN $49,040

Madison, WI $48,973

Utica, NY $48,839

Rochester, NY $48,759

Des Moines, IA $48,754

Raleigh, NC $48,749

Atlanta, GA $48,675

Battle Creek, MI $48,660

Salt Lake City, UT $48,645

Lancaster, PA $48,570

Harrisburg, PA $48,501

Kansas City, MO $48,451

Champaign, IL $48,441

Kansas City, KS $48,441

Fort Worth, TX $48,436

Columbus, OH $48,428

Boca Raton, FL $48,416

Pittsburgh, PA $48,396

Richmond, VA $48,377

Indianapolis, IN $48,367

Cleveland, OH $48,362

Las Vegas, NV $48,302

Cincinnati, OH $48,302

Petersburg, VA $48,227

Huntsville, AL $48,153

Lansing, MI $48,120

Lebanon, PA $48,113

Pueblo, CO $48,108

Appleton, WI $48,093

Buffalo, NY $48,073

Dayton, OH $48,058

Racine, WI $48,049

Charlotte, NC $48,044

Saint Louis, MO $48,029

York, PA $47,999

Elkhart, IN $47,999

Gastonia, NC $47,989

Billings, MT $47,977

Beaumont, TX $47,964

Lorain, OH $47,954

Benton Harbor, MI $47,944

Toledo, OH $47,934

Binghamton, NY $47,909

Rock Hill, SC $47,904

Rockford, IL $47,880

Springfield, IL $47,860

Elyria, OH $47,855

Fargo, ND $47,855

Flagstaff, AZ $47,820

Fort Lauderdale, FL $47,790

Duluth, MN $47,760

Miami, FL $47,760

Cheyenne, WY $47,725

Grand Forks, ND $47,725

Bangor, ME $47,616

Cedar Rapids, IA $47,561

Durham, NC $47,541

Louisville, KY $47,537

Grand Rapids, MI $47,527

Hialeah, FL $47,522

Casper, WY $47,452

Scranton, PA $47,392

New Orleans, LA $47,377

Virginia Beach, VA $47,372

Akron, OH $47,348

Peoria, IL $47,283

Sarasota, FL $47,273

Nashville, TN $47,238

Omaha, NE $47,238

Green Bay, WI $47,238

Baton Rouge, LA $47,213

Charleston, SC $47,203

Jamestown, NY $47,179

Davenport, IA $47,179

Tucson, AZ $47,154

Saint Petersburg, FL $47,124

Tampa, FL $47,114

Evansville, IN $47,084

Port Arthur, TX $47,084

Bradenton, FL $47,064

Santa Fe, NM $46,975

Orlando, FL $46,885

Clearwater, FL $46,870

Canton, OH $46,766

La Crosse, WI $46,766

Albuquerque, NM $46,736

Newport News, VA $46,731

High Point, NC $46,716

Ogden, UT $46,696

Corpus Christi, TX $46,657

Norfolk, VA $46,627

Laramie, WY $46,627

Rock Island, IL $46,597

Saginaw, MI $46,587

Jacksonville, FL $46,582

Salisbury, NC $46,572

Boise, ID $46,562

Moline, IL $46,537

Fort Myers, FL $46,522

Memphis, TN $46,513

Tulsa, OK $46,488

Waterloo, IA $46,458

Spartanburg, SC $46,408

Lincoln, NE $46,383

Fort Wayne, IN $46,373

Provo, UT $46,368

Cedar Falls, IA $46,309

San Antonio, TX $46,289

Greensboro, NC $46,269

South Bend, IN $46,264

Savannah, GA $46,209

Muskegon, MI $46,189

Birmingham, AL $46,184

Winston Salem, NC $46,160

Lake Charles, LA $46,040

Anderson, IN $46,030

Lexington, KY $46,015

Augusta, GA $46,001

Greenville, SC $46,001

Lima, OH $45,961

Wichita, KS $45,956

Tuscaloosa, AL $45,956

Columbia, SC $45,911

Springfield, OH $45,901

Asheville, NC $45,822

Bloomington, IN $45,787

Knoxville, TN $45,608

Shreveport, LA $45,603

Wilmington, NC $45,538

Roanoke, VA $45,538

Topeka, KS $45,449

Frankfort, KY $45,443

Oklahoma City, OK $45,409

Chillicothe, OH $45,389

Longview, TX $45,384

Melbourne, FL $45,379

Sioux Falls, SD $45,300

Mobile, AL $45,295

Terre Haute, IN $45,275

Altoona, PA $45,245

Amarillo, TX $45,210

Killeen, TX $45,195

Fayetteville, AR $45,155

Chattanooga, TN $45,141

Sioux City, IA $45,096

Idaho Falls, ID $45,086

Lynchburg, VA $45,046

Gainesville, FL $44,981

Portsmouth, OH $44,957

Little Rock, AR $44,947

Lafayette, LA $44,927

Youngstown, OH $44,927

Daytona Beach, FL $44,897

Clarksville, TN $44,892

Pensacola, FL $44,887

Temple, TX $44,884

Hopkinsville, KY $44,738

Erie, PA $44,728

Florence, SC $44,708

Charleston, WV $44,629

Great Falls, MT $44,604

Macon, GA $44,534

Tallahassee, FL $44,529

Fayetteville, NC $44,519

Waco, TX $44,509

Helena, MT $44,474

Pine Bluff, AR $44,456

Vincennes, IN $44,395

Lubbock, TX $44,375

Alamogordo, NM $44,345

Twin Falls, ID $44,300

Rapid City, SD $44,286

Jackson, MS $44,196

Huntington, WV $44,193

Greenville, MS $44,191

Parkersburg, WV $44,140

Montgomery, AL $44,131

Wichita Falls, TX $44,082

Springfield, MO $44,082

Biloxi, MS $44,057

Monroe, LA $44,007

Johnstown, PA $43,972

Sumter, SC $43,953

Columbus, GA $43,948

Pascagoula, MS $43,853

Abilene, TX $43,853

Kingsport, TN $43,724

Albany, GA $43,724

Gulfport, MS $43,709

Alexandria, LA $43,545

Fort Smith, AR $43,421

El Paso, TX $43,286

Las Cruces, NM $43,063

Harlingen, TX $42,936

Pocatello, ID $42,929

Florence, AL $42,864

Brownsville, TX $42,854

Mcallen, TX $42,750

Dothan, AL $42,680

Columbus, MS $42,385

Altus, OK $42,153

Lawton, OK $42,059

Pierre, SD $41,880

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	$53,188	7%
Leadership	$52,691	6%
Onboarding	$52,194	5%
Prioritization	$52,194	5%
Presentation	$52,194	5%
Customer Relationship	$51,697	4%

Get Latest Data

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 June 01, 2026

$45,933

Average $49,709/year

$54,724

$3,828

Average $4,142/month

$4,560

$883

Average $956/week

$1,052

$22

Average $24/hour

$26

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$54,724	$4,560	$1,052	$26
Average	$49,709	$4,142	$956	$24
25th Percentile	$45,933	$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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