Collections Clerk, Banking Salary

The average wage for a Collections Clerk, Banking is $14.12 per hour.

$10.44 - $17.86
(Median)
$10
$14
$18
MEDIAN: $14.00
10%
50%
90%

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National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$9$18$27
Hourly Rate
$10.44 - $17.86  
   
Overtime
$15.05 - $26.44  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$18K$36K$54K
Bonus
$0.00 - $9,933  
   
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$22,280 - $36,961  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 25

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Job Description for Collections Clerk, Banking

  • Record information about financial status of customers and status of collection efforts.
  • Monitor overdue accounts, receive payments and post amounts paid to customer accounts.
  • Locate and notify customers of delinquent accounts by mail or telephone.
  • Arrange for debt repayment or establish repayment schedules, based on customers' financial situations.

Collections Clerk Job Listings

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Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.

Gender

Female
83 %
Male
17 %

Years of Experience

Less than 1 year
10%
1-4 years
40%
5-9 years
23%
10-19 years
23%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 65%
vision benefits Vision: 54% employee benefits None: 15%