Bank clerk vs finance clerk

The differences between bank clerks and finance clerks can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a bank clerk and a finance clerk. Additionally, a finance clerk has an average salary of $39,225, which is higher than the $31,947 average annual salary of a bank clerk.

The top three skills for a bank clerk include data entry, cash handling and loan payments. The most important skills for a finance clerk are data entry, purchase orders, and HR.

Bank clerk vs finance clerk overview

	Bank Clerk	Finance Clerk
Yearly salary	$31,947	$39,225
Hourly rate	$15.36	$18.86
Growth rate	-5%	-5%
Number of jobs	71,774	143,372
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 44%
Average age	51	51
Years of experience	6	6

Bank clerk vs finance clerk salary

Bank clerks and finance clerks have different pay scales, as shown below.

	Bank Clerk	Finance Clerk
Average salary	$31,947	$39,225
Salary range	Between $26,000 And $38,000	Between $27,000 And $56,000
Highest paying City	Shoreline, WA	New York, NY
Highest paying state	Washington	New York
Best paying company	Savings Bank of Mendocino County	United States Courts
Best paying industry	Finance	Government

Differences between bank clerk and finance clerk education

There are a few differences between a bank clerk and a finance clerk in terms of educational background:

	Bank Clerk	Finance Clerk
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 44%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Bank clerk vs finance clerk demographics

Here are the differences between bank clerks' and finance clerks' demographics:

	Bank Clerk	Finance Clerk
Average age	51	51
Gender ratio	Male, 27.3% Female, 72.7%	Male, 26.2% Female, 73.8%
Race ratio	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%	Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between bank clerk and finance clerk duties and responsibilities

Bank clerk example responsibilities.

Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Work on A/R and billing for a manufacturing company specializing in premium orthopedic, reconstructive and postoperative products.
Respond to inquiries from internal organization and external customers regarding package processing, delivery information and services offer by USPS stores.

Finance clerk example responsibilities.

Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Collaborate with insurance company representatives, case managers and physicians to obtain treatment authorization for potential kidney and kidney/pancreas transplant patients.
Write checks in the QuickBooks software to vendors and to reimburse employees.
Establish customer files in QuickBooks, write and test work instructions for clients, log and close complete files.
Produce PowerPoint presentations in order to brief the command team of the on goings within the company.
Used an automate information system (PeopleSoft) to edit, modify, and verify customers personal and payment information.

Bank clerk vs finance clerk skills

Common bank clerk skills

Data Entry, 12%
Cash Handling, 10%
Loan Payments, 8%
Financial Transactions, 8%
Customer Service Actions, 7%
ACH, 7%

Common finance clerk skills

Data Entry, 16%
Purchase Orders, 9%
HR, 5%
Bank Statements, 5%
Bank Deposits, 5%
Credit Card, 4%