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Bank Lockbox Jobs in Indiana (NOW HIRING)

Methodist Hospitals

PAT REP IV CASHIER

Merrillville, IN · On-site

$11.50 - $15.75/hr

Investigate and resubmit rejections from payment/lockbox file through on-line cash posting or ... Submit for deposit to bank. * Receives, verifies, and processes credit card payments. * Maintains ...

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Bank Lockbox information

See Indiana salary details

$9

$46

$63

How much do bank lockbox jobs pay per hour?

As of Jun 26, 2026, the average hourly pay for bank lockbox in Indiana is $46.57, according to ZipRecruiter salary data. Most workers in this role earn between $41.39 and $54.23 per hour, depending on experience, location, and employer.

What is a Bank Lockbox job?

A Bank Lockbox job involves processing and managing payments received through a secure mail collection service used by businesses to streamline receivables. Employees in this role open mailed payments, verify and record transaction details, and prepare deposits for the bank. Accuracy and attention to detail are essential to ensure efficient and secure handling of financial documents. This position is commonly found in banking institutions and payment processing centers.

What does a typical day look like for someone working in a Bank Lockbox position?

A typical day in a Bank Lockbox role involves opening, sorting, and processing incoming mail payments, accurately entering payment data into banking systems, and verifying transaction details for clients. You may also be responsible for handling exceptions, flagging discrepancies, and ensuring compliance with strict timelines to meet customer service standards. While much of the work is independent, collaboration with team members and communication with other departments is common to resolve issues quickly. The environment is generally fast-paced and detail-oriented, ideal for those who enjoy routine, accuracy, and supporting the smooth operation of cash flow for businesses.

What does a bank lockbox do?

A bank lockbox is a service where a bank receives and processes payments on behalf of a business, helping to speed up collection and improve cash flow. The job involves managing incoming payments, ensuring accurate processing, and reconciling accounts using banking and accounting tools.

What are the key skills and qualifications needed to thrive in the Bank Lockbox position, and why are they important?

To excel in a Bank Lockbox position, strong attention to detail, data entry skills, and familiarity with basic accounting principles are essential, usually supported by a high school diploma or equivalent. Experience with lockbox processing software, check scanning equipment, and bank transaction systems is highly valued. Strong organizational skills, reliability, and the ability to work well both independently and as part of a team are important soft skills. These competencies ensure accurate, efficient processing of payments and transactions, which is critical to maintaining client satisfaction and financial accuracy.

What job makes $10,000 a month without a degree?

A bank lockbox clerk typically earns less than $10,000 per month; high-paying jobs that can reach this level without a degree include roles such as sales managers, real estate brokers, or entrepreneurs in certain industries. These positions often require experience, strong skills, or certifications rather than formal degrees. Income varies widely based on performance, location, and industry.

What is the lowest position at a bank?

In banking, entry-level positions such as bank teller or customer service representative are typically considered the lowest roles. These positions often require minimal experience and involve basic customer interactions and cash handling tasks.

What does a lockbox clerk do?

A lockbox clerk processes payments received by mail, opening and sorting mail, recording payment details, and depositing funds into accounts. They ensure accurate data entry and may use specialized software or systems to manage transactions efficiently.
What are popular job titles related to Bank Lockbox jobs in Indiana? For Bank Lockbox jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Bank Lockbox jobs in Indiana look for? The top searched job categories for Bank Lockbox jobs in Indiana are:
Bank Lockbox jobs near you
PAT REP IV CASHIER

PAT REP IV CASHIER

Methodist Hospitals

Merrillville, IN • On-site

$11.50 - $15.75/hr

Full-time

Posted 12 days ago

Job description

OverviewAccurately review and process all third party payor, collection agency, patient, and other payments for both Hospital and Physicians.ResponsibilitiesPRINCIPAL DUTIES AND RESPONSIBILITIES(*Essential Functions)
  • Receives and processes third party payor, agency and patient checks and identifies appropriate hospital accounts/physician accounts/GL to ensure accurate application of payments received on a daily basis.
  • Receives and verifies the system-to-system electronic payment file for 835 payers, and lockbox to ensure accurate application of payments for hospital and physician.
  • Investigate and resubmit rejections from payment/lockbox file through on-line cash posting or correction of electronic file.
  • Ensure undistributed accounts are cleared and only used as a temporary holding place.
  • Codes accounts for unit billing payments, deductibles, coinsurance, co-pay, etc., for contract management system.
  • Copies live checks/cash received via incoming mail daily, running tape and preparing deposit for bank.
  • Balance out checks/cash received against receipts and submit for reconciliation and deposit to the bank.
  • Copies live checks/cash received from physician offices daily, running tape and balance out against reports.
  • Submit for deposit to bank.
  • Receives, verifies, and processes credit card payments.
  • Maintains workques for both hospital and physician.
    • QualificationsJOB SPECIFICATIONS(Minimum Requirements)
      KNOWLEDGE, SKILLS, AND ABILITIES
    • 95% Accuracy rate must be maintained.
    • 58 Transactions must be input per hour for manual posting.
    • Unposted transactions must be recorded in Excel daily.
    • Non Account Receivable money must be reported to Finance daily.
    • Unidentified cash must be followed up weekly until resolved.
    • Cash Trending Spreadsheets must be updated daily.
    • Cash must be balanced daily Knowledge of UB-92 and 1500 billing preferred.
    • Must have working knowledge of insurance claim filing, collections, and established refund processing procedures.
    • Ability to prioritize job functions, work independently and exercise good judgment.
    • Must possess good written and verbal communication skills.
    • Must possess good organizational/analytical skills and mathematical aptitude.
    • Proficient use of calculator and minimum typing (55 wpm).
    • Basic personal computer skills.
    EDUCATION
    • Associate degree or equivalent hours preferred or a minimum of a high school diploma or GED.
    • High School Diploma/GED Equivalent Required
    • Associates Business Administration Preferred
    • Six or more years in medical business or healthcare insurance office or equivalent combination of education and relevant work experience.
    • 6 Healthcare/Medical - Business Office Required
    STANDARDS OF BEHAVIOR Meets the Standards of Behavior as outlined in Personnel Policy and Procedure #1, Employee Relations Code. CONFIDENTIALITY/HIPAA/CORPORATE COMPLIANCE Demonstrates knowledge of procedures for protecting and maintaining security, confidentiality and integrity of employee, patient, family, organizational and other medical information. Understands and supports the commitment of Methodist Hospitals in adhering to federal, state and local laws, rules and regulations governing ethical business practices for healthcare providers. DISCLAIMER - The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. The statements are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required.Employment Type: FULL_TIME
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    About Methodist Hospitals

    Sourced by ZipRecruiter

    Methodist Hospitals is a reputable institution in the healthcare and medical industry with its base in Gary, Indiana, United States. A trusted name in comprehensive medical services, the organization is primarily known for its robust offering in the fields of emergency and acute medical care, tracking back its foundational roots to the year 1923. Catholic nun Sister Gesuina set up the hospital with the sole mission of providing affordable healthcare services to the residents of Gary. Today, their mission stays true to promoting health, healing, and well-being in the communities they serve, encompassing a diverse representation of races, ethnicities, genders, ages, religions, abilities, and sexual orientations.

    Industry

    Health care and social assistance

    Company size

    1,001 - 5,000 Employees

    Headquarters location

    Gary, IN, US

    Year founded

    1923

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