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 $44,050, a Lockbox Processor II (1-3 years)earns $49,337, a Loan Processor III (3-5 years)earns $59,784, a Loan Processing Supervisor (5+ years)earns $64,610,

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 $55,034, California $54,825, Massachusetts $54,095. 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: $83,246; Business Loan Processor II: $59,790; Commercial Lending Processor II: $59,733; Commercial Loan Processor II: $59,718; Accounts Payable Processor II: $50,190.

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 April 01, 2026, the average salary for a Lockbox Processor II in the United States is $49,706 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): $59,282
Majority Range (25th-75th percentile): $45,926 to $54,718
Entry-Level (10th percentile): $42,485

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Lockbox Processor II Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$54,718	$4,560	$1,052	$26
Average	$49,706	$4,142	$956	$24
25th Percentile	$45,926	$3,827	$883	$22

You may get higher pay by adjusting the following factors:

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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: $55,034.
California: $54,825.
Massachusetts: $54,095.

District of Columbia $55,034

California $54,825

Massachusetts $54,095

Washington $53,896

New Jersey $53,876

Alaska $53,806

Connecticut $53,120

New York $52,842

Hawaii $51,952

Rhode Island $51,535

Maryland $51,252

Minnesota $50,864

Colorado $50,715

Illinois $50,665

Oregon $50,476

Delaware $50,337

New Hampshire $50,249

Virginia $50,054

Pennsylvania $49,482

Nevada $49,194

North Dakota $49,099

Michigan $48,950

Wisconsin $48,895

Vermont $48,786

Texas $48,483

Maine $48,463

Arizona $48,433

Ohio $48,398

Georgia $47,941

Indiana $47,713

Wyoming $47,668

Utah $47,598

Iowa $47,568

Kansas $47,330

Louisiana $47,260

North Carolina $47,235

Missouri $47,225

Florida $47,032

Montana $46,927

Nebraska $46,828

Kentucky $46,773

South Carolina $46,574

Tennessee $46,450

Idaho $46,400

New Mexico $46,037

Oklahoma $45,958

Alabama $45,665

South Dakota $45,173

Arkansas $44,904

West Virginia $44,760

Mississippi $44,328

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: $62,694
San Francisco: $62,077
Oakland: $60,701

San Jose, CA $62,694

San Francisco, CA $62,077

Oakland, CA $60,701

New York, NY $57,604

Queens Village, NY $57,231

Paramus, NJ $56,833

Passaic, NJ $56,784

Bergenfield, NJ $56,734

Stamford, CT $56,660

Huntington, NY $56,610

Newark, NJ $56,287

Bridgeport, CT $56,187

New Brunswick, NJ $56,023

Vallejo, CA $55,919

Middlesex, NJ $55,889

Somerset, NJ $55,844

Petaluma, CA $55,730

Santa Cruz, CA $55,536

Boston, MA $55,437

Monterey, CA $55,188

Fairbanks, AK $55,153

Los Angeles, CA $55,059

Washington, DC $55,034

Seattle, WA $54,945

Santa Rosa, CA $54,935

Juneau, AK $54,791

Orange, CA $54,627

Anchorage, AK $54,537

Anaheim, CA $54,502

Santa Ana, CA $54,428

Nassau, NY $54,398

Long Beach, CA $54,378

Danbury, CT $54,363

Santa Maria, CA $54,194

Everett, WA $54,184

Bremerton, WA $53,941

Trenton, NJ $53,846

Sacramento, CA $53,826

San Diego, CA $53,801

Brockton, MA $53,782

Tacoma, WA $53,762

Santa Barbara, CA $53,692

Lowell, MA $53,493

New Suffolk, NY $53,473

Nashua, NH $53,414

Lompoc, CA $53,334

Ventura, CA $53,285

Stockton, CA $53,270

New Haven, CT $53,170

Atlantic City, NJ $53,041

Hartford, CT $52,932

Modesto, CA $52,907

Poughkeepsie, NY $52,797

New Britain, CT $52,773

Olympia, WA $52,703

Kennewick, WA $52,703

New London, CT $52,693

Norwich, CT $52,678

Lawrence, MA $52,653

Bakersfield, CA $52,514

Riverside, CA $52,444

New Bedford, MA $52,444

Richland, WA $52,395

Portsmouth, NH $52,355

Vineland, NJ $52,345

San Bernardino, CA $52,305

Boulder, CO $52,166

Worcester, MA $52,126

Portland, OR $52,082

Saint Paul, MN $52,022

Minneapolis, MN $52,022

Philadelphia, PA $51,952

Honolulu, HI $51,689

Springfield, MA $51,515

Providence, RI $51,510

Chicago, IL $51,366

Bellingham, WA $51,306

Baltimore, MD $51,252

Chico, CA $51,127

Wilmington, DE $51,043

Pittsfield, MA $50,993

Manchester, NH $50,899

Spokane, WA $50,680

Denver, CO $50,675

Albany, NY $50,441

Troy, NY $50,421

Schenectady, NY $50,317

Burlington, VT $50,208

Portland, ME $50,034

Salem, OR $49,994

Yakima, WA $49,984

Ann Arbor, MI $49,969

Rochester, MN $49,830

Fresno, CA $49,805

Reno, NV $49,805

Milwaukee, WI $49,760

Detroit, MI $49,711

Allentown, PA $49,696

Carson City, NV $49,691

Houston, TX $49,616

Colorado Springs, CO $49,611

Syracuse, NY $49,586

Eugene, OR $49,492

Bismarck, ND $49,432

Gary, IN $49,432

Galveston, TX $49,432

Springfield, OR $49,393

Medford, OR $49,273

Fort Collins, CO $49,253

Austin, TX $49,214

Mesa, AZ $49,109

Phoenix, AZ $49,099

Dallas, TX $49,084

Reading, PA $49,055

Saint Cloud, MN $49,035

Concord, NH $48,990

Madison, WI $48,970

Utica, NY $48,836

Raleigh, NC $48,796

Las Vegas, NV $48,791

Rochester, NY $48,756

Des Moines, IA $48,751

Atlanta, GA $48,672

Battle Creek, MI $48,657

Salt Lake City, UT $48,642

Lancaster, PA $48,567

Champaign, IL $48,557

Harrisburg, PA $48,498

Durham, NC $48,453

Kansas City, MO $48,448

Kansas City, KS $48,438

Fort Worth, TX $48,433

Boca Raton, FL $48,413

Cleveland, OH $48,408

Columbus, OH $48,398

Pittsburgh, PA $48,393

Richmond, VA $48,374

Indianapolis, IN $48,364

Cincinnati, OH $48,299

Petersburg, VA $48,224

Billings, MT $48,115

Lansing, MI $48,115

Huntsville, AL $48,115

Lebanon, PA $48,110

Dayton, OH $48,105

Pueblo, CO $48,105

Appleton, WI $48,090

Buffalo, NY $48,070

Racine, WI $48,046

Charlotte, NC $48,041

Saint Louis, MO $48,026

Springfield, IL $48,006

Elkhart, IN $47,996

York, PA $47,996

Gastonia, NC $47,991

Benton Harbor, MI $47,991

Beaumont, TX $47,961

Lorain, OH $47,951

Toledo, OH $47,931

Binghamton, NY $47,906

Rock Hill, SC $47,901

Rockford, IL $47,877

Fargo, ND $47,852

Elyria, OH $47,852

Flagstaff, AZ $47,817

Fort Lauderdale, FL $47,787

Miami, FL $47,757

Duluth, MN $47,678

Bangor, ME $47,613

Cedar Rapids, IA $47,558

Louisville, KY $47,534

Grand Rapids, MI $47,524

Hialeah, FL $47,519

Casper, WY $47,449

Scranton, PA $47,389

New Orleans, LA $47,375

Virginia Beach, VA $47,370

Akron, OH $47,345

Peoria, IL $47,280

Sarasota, FL $47,270

Green Bay, WI $47,235

Baton Rouge, LA $47,210

Charleston, SC $47,201

Nashville, TN $47,186

Jamestown, NY $47,176

Davenport, IA $47,176

Tucson, AZ $47,151

Cheyenne, WY $47,136

Saint Petersburg, FL $47,121

Tampa, FL $47,111

Omaha, NE $47,101

Port Arthur, TX $47,081

Evansville, IN $47,081

Bradenton, FL $47,061

Santa Fe, NM $46,972

Orlando, FL $46,922

Clearwater, FL $46,868

Canton, OH $46,763

La Crosse, WI $46,763

Grand Forks, ND $46,748

Albuquerque, NM $46,733

Tulsa, OK $46,733

Newport News, VA $46,728

High Point, NC $46,713

Ogden, UT $46,694

Corpus Christi, TX $46,654

Laramie, WY $46,624

Norfolk, VA $46,624

Rock Island, IL $46,594

Saginaw, MI $46,584

Jacksonville, FL $46,579

Salisbury, NC $46,569

Memphis, TN $46,559

Moline, IL $46,534

Fort Myers, FL $46,520

Waterloo, IA $46,455

Spartanburg, SC $46,405

Lincoln, NE $46,380

Fort Wayne, IN $46,370

Birmingham, AL $46,316

Cedar Falls, IA $46,306

Provo, UT $46,301

Springfield, OH $46,296

San Antonio, TX $46,286

Greensboro, NC $46,266

South Bend, IN $46,261

Winston Salem, NC $46,256

Boise, ID $46,241

Savannah, GA $46,206

Muskegon, MI $46,117

Lima, OH $46,057

Lake Charles, LA $46,037

Anderson, IN $46,027

Lexington, KY $46,013

Augusta, GA $45,998

Greenville, SC $45,998

Wichita, KS $45,953

Tuscaloosa, AL $45,953

Columbia, SC $45,908

Bloomington, IN $45,784

Roanoke, VA $45,754

Asheville, NC $45,689

Knoxville, TN $45,605

Shreveport, LA $45,600

Wilmington, NC $45,535

Frankfort, KY $45,441

Oklahoma City, OK $45,406

Chillicothe, OH $45,386

Longview, TX $45,381

Topeka, KS $45,366

Mobile, AL $45,292

Terre Haute, IN $45,272

Erie, PA $45,267

Altoona, PA $45,242

Melbourne, FL $45,227

Amarillo, TX $45,207

Killeen, TX $45,192

Fayetteville, AR $45,153

Sioux Falls, SD $45,118

Chattanooga, TN $45,088

Idaho Falls, ID $45,083

Gainesville, FL $44,979

Portsmouth, OH $44,954

Little Rock, AR $44,944

Lynchburg, VA $44,944

Lafayette, LA $44,924

Youngstown, OH $44,924

Temple, TX $44,904

Daytona Beach, FL $44,894

Clarksville, TN $44,889

Pensacola, FL $44,884

Hopkinsville, KY $44,735

Charleston, WV $44,730

Florence, SC $44,705

Sioux City, IA $44,675

Macon, GA $44,531

Tallahassee, FL $44,526

Fayetteville, NC $44,516

Waco, TX $44,506

Wichita Falls, TX $44,506

Pine Bluff, AR $44,487

Vincennes, IN $44,392

Lubbock, TX $44,372

Great Falls, MT $44,342

Alamogordo, NM $44,337

Abilene, TX $44,298

Rapid City, SD $44,233

Monroe, LA $44,233

Albany, GA $44,203

Huntington, WV $44,198

Jackson, MS $44,193

Greenville, MS $44,188

Parkersburg, WV $44,139

Montgomery, AL $44,129

Johnstown, PA $44,119

Springfield, MO $44,079

Biloxi, MS $44,054

Sumter, SC $43,950

Columbus, GA $43,945

Twin Falls, ID $43,915

Pascagoula, MS $43,850

Kingsport, TN $43,721

Gulfport, MS $43,706

Alexandria, LA $43,542

Fort Smith, AR $43,418

El Paso, TX $43,284

Helena, MT $43,219

Las Cruces, NM $43,060

Harlingen, TX $42,921

Pocatello, ID $42,876

Florence, AL $42,861

Brownsville, TX $42,851

Dothan, AL $42,772

Mcallen, TX $42,747

Columbus, MS $42,379

Altus, OK $42,150

Lawton, OK $42,056

Pierre, SD $41,877

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	$53,185	7%
Leadership	$52,688	6%
Onboarding	$52,191	5%
Prioritization	$52,191	5%
Presentation	$52,191	5%
Customer Relationship	$51,694	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 April 01, 2026

$45,926

Average $49,706/year

$54,718

$3,827

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	$54,718	$4,560	$1,052	$26
Average	$49,706	$4,142	$956	$24
25th Percentile	$45,926	$3,827	$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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