Deposit clerk education requirements

Updated January 8, 2025

4 min read

There are several educational requirements to become a deposit clerk. Deposit clerks usually study business, accounting, or general studies. 32% of deposit clerks hold a high school diploma, and 29% hold an associate degree. We analyzed 459 real deposit clerk resumes to see exactly what deposit clerk education sections show.

The most common colleges for deposit clerks are the University of Phoenix and the University of Phoenix.

There are also many online deposit clerk courses to help get the education required to be a deposit clerk.

What education do you need to become a deposit clerk?

What degree do you need to be a deposit clerk?

The most common degree for deposit clerks is high school diploma, with 32% of deposit clerks earning that degree. The second and third most common degree levels are associate degree degree at 29% and associate degree degree at 26%.

High School Diploma, 32%

Associate, 29%

Bachelor's, 26%

Diploma, 5%

Other Degrees, 8%

What should I major in to become a deposit clerk?

You should major in business to become a deposit clerk. 24% of deposit clerks major in business. Other common majors for a deposit clerk include accounting and general studies.

Business, 24%

Accounting, 22%

General Studies, 8%

Health Care Administration, 6%

Other Majors, 40%

Most common colleges for deposit clerks

Deposit clerks often get their degrees at University of Phoenix, University of Maryland - College Park, and San Joaquin Valley College. Here are the most common colleges for deposit clerks in the US based on their resumes.

Deposit clerk common college	Percentages
University of Phoenix	15.63%
University of Maryland - College Park	9.38%
San Joaquin Valley College	6.25%
Prairie View A & M University	6.25%
University of the Virgin Islands	6.25%

Show more common deposit clerk colleges

Best majors for deposit clerks

Rank	Major	Percentages
1	Business	23.8%
2	Accounting	21.9%
3	General Studies	7.5%
4	Health Care Administration	6.3%
5	Finance	5.0%

Show more common deposit clerk majors

Best colleges for deposit clerks

The best colleges for deposit clerks are Northwestern University, University of Pennsylvania, and Boston University.

A deposit clerk with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for deposit clerks. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become deposit clerks.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

3. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

4. SUNY at Binghamton

Vestal, NY • Private

In-state tuition

$9,808

Enrollment

13,990

5. Villanova University

Villanova, PA • Private

In-state tuition

$53,308

Enrollment

6,819

6. San Diego State University

San Diego, CA • Private

In-state tuition

$7,488

Enrollment

30,018

7. Bentley University

Waltham, MA • Private

In-state tuition

$49,880

Enrollment

4,177

8. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Enrollment

9,394

9. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

10. SUNY Stony Brook

Stony Brook, NY • Private

In-state tuition

$9,625

Enrollment

17,407

20 best online courses for deposit clerks

Advertising disclosure

1. Using Efficient Sorting Algorithms in Java to Arrange Tax Data

By the end of this project, you will learn how to create an application that sorts Missouri Tax Data into ascending order using a variety of critical sorting algorithms. We will learn how to process a real life data set, and see the difference between various sorting algorithms in memory and time usage. In addition, we will learn how to analyze a sorting algorithm and how to design a readable implementation. Finally, we will cover what circumstance are ideal for each type of sorting algorithm...

2. Financial Accounting-Adjusting Entries & Financial Statement

4.6

(930)

Master Adjusting Entries & Financial Statements: A Comprehensive Guide for Accurate Accounting and Reporting...

3. Financial Accounting & Excel-Comprehensive Accounting Course

4.3

(736)

Comprehensive accounting course to learn the accounting cycle in a practical way and pick up critical Excel fundamentals...

4. Financial Statements: Balance Sheet, Income Stmt, Cash Flow

4.5

(574)

How To Quickly Read & Understand The Big 3 Financial Statements: Balance Sheet, Income Statement, Cash Flow Statement...

5. Accounting basics, create financial statements easily

4.5

(280)

Discover, develop, practice your financial information and explore the world of accounting...

6. SAP FICO-Electronic Bank Statement(EBS)+Lockbox

4.5

(1,364)

SAP FI CO, SAP Finance, SAP Controlling, SAP Financial Accounting, SAP Electronic Bank Statement MT940 ,BAI2, LOCKBOX...

7. How to Read Financial Statements: Build Financial Literacy.

4.5

(811)

Read financial statements and speak the language of business without the drudgery of a traditional accounting course...

8. Financial Statement Analysis

4.7

(255)

Learn how to make understanding financial statements your superpower!...

9. Tally.ERP9+TallyPrime+GST+IncomeTax+TDS+MS Excel (ComboPack)

4.2

(2,793)

A Compulsion Course for Accounting, Financial, MIS, Data Analysis, Tax Professional, Auditors & Bsns Management Sectors...

10. Principles of Financial Accounting

4.5

(875)

Learn the complete accounting cycle -recording business transactions to presenting the Balance Sheet & Income Statement...

11. Practical Course in Goods and Services Tax

(314)

Learn GSTR1 and GSTR2 Returns,GSTR3B Monthly return & GSTR9 Annual return...

12. Excel Accounting Problem

4.3

(348)

Learn How to Create an Accounting Worksheet Using Microsoft Excel from a Certified Public Accountant (CPA)...

13. Accounting & Financial Statement Analysis: Complete Training

4.6

(16,804)

Accounting & Financial Ratio Analysis made easy. Learn important accounting skills that will get your foot in the door!...

14. Investment Banking: The Complete Financial Ratio Analysis

4.5

(396)

Investment Banking For Investors & Financial Analysts - How to Perform Financial Statement Analysis & Company Valuation...

15. 3-in-1 Banking, Banking Risk and Compliance Masterclass

4.6

(515)

The essentials of the banking business (business model, compliance, others), financial risk management and compliance...

16. Audit - Financial Statement

4.4

(2,545)

Master the Art of Auditing Financial Statements: In-Depth Analysis, Techniques, and Real-World Case Studies...

17. Financial Accounting: The Complete Introductory Crash Course

4.5

(1,604)

Learn the Basics of Financial Accounting: Financial Statements, Debits and Credits, The Accounting Cycle and More!...

18. Financial Statement Analysis - Ratio Analysis

4.3

(1,189)

Master the Art of Financial Statement Analysis: Unlocking Insights through Vertical, Horizontal, and Ratio Analysis...

19. Financial Accounting-Debits & Credits-Accounting Transaction

4.5

(781)

Masterclass: Learn Accounting Principles, Financial Statements, Transactions & More in this Comprehensive Course...

20. Financial Accounting - Closing Process

4.3

(964)

Conquering the Closing Process: A Thorough Exploration of the Final Step in Accounting...

Top 10 most affordable universities for deposit clerks

The most affordable schools for deposit clerks are SUNY Farmingdale, baruch college of the city university of new york, and brooklyn college of the city university of new york.

If the best universities for deposit clerks are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for deposit clerks.

1. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

2. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

3. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-state tuition

$7,240

Cost of attendance

13,991

4. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

5. USF Sarasota-Manatee

Sarasota, FL • Private

In-state tuition

$5,587

Cost of attendance

13,043

6. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

7. SUNY Polytechnic Institute

Utica, NY • Private

In-state tuition

$8,238

Cost of attendance

21,567

8. Minot State University

Minot, ND • Private

In-state tuition

$7,064

Cost of attendance

15,576

9. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

10. Clayton State University

Morrow, GA • Private

In-state tuition

$5,419

Cost of attendance

17,697

Top 10 hardest universities to get into for deposit clerks

The hardest universities for deposit clerks to get into are Northwestern University, University of Pennsylvania, and Boston University.

Some great schools for deposit clerks are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for deposit clerks based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. Northwestern University

Evanston, IL • Private

Admissions rate

SAT average

1,508

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

SAT average

1,492

3. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

4. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

5. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

6. Villanova University

Villanova, PA • Private

Admissions rate

29%

SAT average

1,407

7. Stanford University

Stanford, CA • Private

Admissions rate

SAT average

1,497

8. Bentley University

Waltham, MA • Private

Admissions rate

43%

SAT average

1,338

9. SUNY at Binghamton

Vestal, NY • Private

Admissions rate

40%

SAT average

1,376

10. George Washington University, The

Washington, DC • Private

Admissions rate

42%

SAT average

1,380

Top 10 easy-to-apply-to universities for deposit clerks

The easiest schools for deposit clerks to get into are Notre Dame de Namur University, oklahoma wesleyan university, and holy names university.

Some schools are much easier to get into. If you want to start your career as a deposit clerk without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for deposit clerks.

1. Notre Dame de Namur University

Belmont, CA • Private

Admissions rate

82%

SAT average

983

2. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

3. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

4. D'Youville College

Buffalo, NY • Private

Admissions rate

100%

SAT average

1,072

5. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

6. Nyack College

New York, NY • Private

Admissions rate

98%

SAT average

999

7. Gwynedd Mercy University

Gwynedd Valley, PA • Private

Admissions rate

92%

SAT average

1,031

8. University of North Texas at Dallas

Dallas, TX • Private

Admissions rate

83%

SAT average

992

9. Manor College

Jenkintown, PA • Private

Admissions rate

94%

SAT average

898

10. Curry College

Milton, MA • Private

Admissions rate

93%

SAT average

1,026

Average deposit clerk salary by education level

Deposit clerks with a Bachelor's degree earn more than those without, at $32,136 annually. With a Master's degree, deposit clerks earn a median annual income of $31,890 compared to $31,768 for deposit clerks with an Associate degree.

Deposit clerk education level	Deposit clerk salary
Master's Degree	$31,890
High School Diploma or Less	$31,714
Bachelor's Degree	$32,136
Some College/ Associate Degree	$31,768

Deposit clerk education FAQs

What is the best college for Deposit Clerks?

Have more questions? See all answers to common office and administrative questions.

Search for deposit clerk jobs

Updated January 8, 2025

Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Updated January 8, 2025

Browse office and administrative jobs