Banking Clerk Salary in the United States

How much does a Banking Clerk make in the United States?

As of April 01, 2026, the average salary for a Banking Clerk in the United States is $39,768 per year, which breaks down to an hourly rate of $19.

However, a Banking Clerk's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $45,116
  • Majority Range (25th-75th percentile): $34,988 to $42,568
  • Entry-Level (10th percentile): $30,636
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View as table View as graph 25% $34,988 10% $30,636 90% $45,116 75% $42,568 $39,768 50%(Median) Didn’t find job title? Click

Banking Clerk Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $42,568 $3,547 $819 $20
Average $39,768 $3,314 $765 $19
25th Percentile $34,988 $2,916 $673 $17
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Key Factors That Influence Banking Clerk Salaries

A Banking Clerk'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 Experience Level Affects Banking Clerk Salaries?

Experience is a primary driver of a Banking Clerk'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:

  • Entry-Level (less than 1 year): $40,100
  • Early Career (1-2 years): $44,342
  • Mid-Level (2-4 years): $49,367
  • Senior-Level (5-8 years): $63,767
  • Expert (over 8 years): $72,949
Levels Salary
Banking C... Level Banking Clerk$40,100
Banking O... Level Banking Clerk$44,342
Banking O... Level Banking Clerk$49,367
Banking O... Level Banking Clerk$63,767
Banking O... Level Banking Clerk$72,949
$40,100 0 yr
$44,342 < 2 yrs
$49,367 2-4 yrs
$63,767 5-8 yrs
$72,949 > 8 yrs
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What Am I Worth?

How Do Banking Clerk 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 Banking Clerks. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $44,031.
  • California: $43,864.
  • Massachusetts: $43,280.

Top Paying Cities for Banking Clerks

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: $50,159
  • San Francisco: $49,666
  • Oakland: $48,565

What Skills Can Increase a Banking Clerk's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 6.04% 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.
  • Accounting (Mentioned in 2.4% Job Postings): Creating financial statements and reports based on the summary of financial and business transactions.
  • Loan Processing (Mentioned in 2.03% Job Postings): The steps taken by an institution lender from the time a request for a loan application is received to the time the loan is approved or denied, including taking the application, credit investigation, evaluation of the loan and other steps.
See More Skills
Skills Demand Percentage
Customer Service 6.04%
Accounting 2.4%
Loan Processing 2.03%
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 Banking Clerk's salary.
  • Investment Management: Can increase your salary by up to 40%.
  • Due Diligence: Can increase your salary by up to 35%.
  • Economics: Can increase your salary by up to 32%.
Skill Salary Salary % Increase
Investment Management
$55,675
40%
Due Diligence
$53,687
35%
Economics
$52,494
32%
Presentation
$52,494
32%
Process Management
$51,698
30%
Client Focus
$51,301
29%
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How Education impacts a Banking Clerk's Salary?

Your level of education can impact your salary potential. While many Banking Clerks 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 Banking Clerk with a High School Diploma or Technical Certificate is between $36,032 and $38,004).

Banking Clerk Salaries by Degree Level

Typical Education for Banking Clerk
Degree Level % of user with this level of education
No Diploma 1.7%
High School 30.3%
Associates 15.4%
Bachelors 47.6%
Masters 4.5%
Doctorate 0.5%
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Banking Clerk Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Banking Clerk'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

Salary Trends for Banking Clerk

Salaries for a Banking Clerk can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $34,383 in 2023 to around $33,722 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Banking Clerk salary trends, .

Average Annual Salary of Banking Clerk Over Time

2022
$???
2023
$34,383
2024
$34,069
2025
$33,722
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $34,383
2024 $34,069
2025 $33,722
2026
View More
2027
View More

Most common benefits for Banking Clerk

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Banking Clerk

Here are companies hiring for Banking Clerk and their salaries, click below for more details.

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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.

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.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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