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Deposit Operations Associate Jobs in Michigan (NOW HIRING)

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Deposit Operations Associate information

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$9

$22

$46

How much do deposit operations associate jobs pay per hour?

As of Sep 2, 2026, the average hourly pay for deposit operations associate in Michigan is $22.87, according to ZipRecruiter salary data. Most workers in this role earn between $15.48 and $26.39 per hour, depending on experience, location, and employer.

What is a deposit operations associate?

A Deposit Operations Associate is a banking professional responsible for managing and processing various deposit-related transactions within a financial institution. Their duties typically include verifying and reconciling deposits, handling account maintenance, processing payments, and ensuring compliance with banking regulations. They play a crucial role in supporting daily banking operations and providing customer service related to deposit accounts. Attention to detail and knowledge of banking procedures are essential for this position.

What are the key skills and qualifications needed to thrive as a deposit operations associate?

To thrive as a Deposit Operations Associate, you need a solid understanding of banking procedures, attention to detail, and familiarity with deposit account regulations, typically supported by a high school diploma or equivalent. Proficiency with core banking systems, transaction processing software, and compliance tools like BSA/AML monitoring platforms is commonly required. Strong organizational skills, reliability, and effective communication help you excel in handling high-volume tasks and collaborating with internal teams. These skills are essential to ensure accurate transaction processing, regulatory compliance, and efficient support for both customers and bank operations.

What are some common challenges deposit operations associates face, and how can they effectively manage them?

Deposit Operations Associates often handle high volumes of transactions and must ensure accuracy while meeting tight deadlines. One common challenge is managing multiple priorities, such as processing deposits, reconciling accounts, and resolving discrepancies, all while maintaining compliance with banking regulations. Effective time management, strong attention to detail, and clear communication with team members are key to successfully navigating these demands. Many organizations provide ongoing training and use robust banking software to streamline processes and reduce errors.

What is the difference between Deposit Operations Associate vs Bank Teller?

AspectDeposit Operations AssociateBank Teller
Primary RoleProcessing deposits, verifying transactions, maintaining account accuracyHandling customer transactions, cash handling, account inquiries
Required SkillsAttention to detail, knowledge of banking systems, data entryCustomer service, cash handling, communication skills
Work EnvironmentBack-office, data processing, administrative tasksFront-line, customer-facing, branch environment
CertificationsTypically none required, but banking or financial certifications can helpNone required, but customer service experience preferred

While both roles are essential in banking, a Deposit Operations Associate focuses on processing and verifying transactions behind the scenes, ensuring data accuracy. A Bank Teller interacts directly with customers, handling cash and providing service. Both roles require attention to detail and knowledge of banking procedures, but they differ mainly in their daily tasks and work environment.

What does a deposit operations associate do?

A deposit operations associate is responsible for processing and reconciling customer deposits, ensuring accurate account updates, and maintaining compliance with banking regulations. They often use banking software and perform tasks such as verifying transactions, resolving discrepancies, and supporting daily deposit activities. Attention to detail and knowledge of financial procedures are essential for this role.

What are the most commonly searched types of Deposit Operations jobs in Michigan?

The most popular types of Deposit Operations jobs in Michigan are:

What are popular job titles related to Deposit Operations Associate jobs in Michigan?

For Deposit Operations Associate jobs in Michigan, the most frequently searched job titles are:

What job categories do people searching Deposit Operations Associate jobs in Michigan look for?

The top searched job categories for Deposit Operations Associate jobs in Michigan are:

What cities in Michigan are hiring for Deposit Operations Associate jobs?

Cities in Michigan with the most Deposit Operations Associate job openings:

Member Experience Associate - Plymouth

Lake Trust Credit Union

Plymouth, MI • On-site

Other

This job post has expired 1 day ago. Applications are no longer accepted.


Lake Trust Credit Union rating

9.1

Company rating: 9.1 out of 10

Based on 11 frontline employees who took The Breakroom Quiz


Job description

Member Experience Associate - Plymouth Branch
Pay Range: Band A - MRP 1
This position is in Plymouth, MI
DESCRIPTION
The Member Experience Associate is passionate about delivering the best Member Experience to our members! This team member will uncover needs, inspire possibilities, and deliver solutions to advance our members' financial success. This person must be adaptable with a strong sense of teamwork. They will cross-sells products and services, open all deposit accounts, including specialty and business accounts to help our members meet their financial goals. This position will build and deepen member relationships by providing the Best Member Experience. Member Experience Associates will be expected to support onstage operations and help to reach and exceed Lake Trust goals.
What you'll do

  • Proactively greet and interact with members as they enter the Credit Union. Through active listening and asking open ended, highly impactful questions you will uncover member needs to best assist them in meeting those needs.
  • Be a financial coach to our members! Look for opportunities to maximize member loyalty, building and deepening the member's relationship by assessing member's total financial picture and offering solutions to advance their financial success.
  • Coach and mentor peers by working collaboratively and promoting teamwork in order to achieve Lake Trust goals.
  • Maintain product knowledge at an expert level.
  • Demonstrate positive behaviors that promote high morale, cooperation and enthusiasm.
  • Educate members on consumer loans and credit card products. Originate, process, and close on consumer loans. Advise on opportunities to advance members' financial well-being by looking for cross-sale opportunities and acting as a financial coach to members.
  • Perform all essential financial transactions, including opening all deposit accounts, including specialty and business accounts.
  • Pursue learning and development activities. Share knowledge with teammates.
  • Ability to work flexible schedules.
  • Ensure compliance with all regulatory and legal requirements.
  • Perform other duties and responsibilities as required or assigned.
What you'll bring
  • High School Diploma/GED is required
  • Minimum of 1-2 years job-related experience demonstrating success in building member/customer relationships by successfully cross selling products within a financial institution or retail environment.
  • Proven ability to proactively interact with members to identify and uncover needs while supporting a strong member/customer service culture.
  • Prior lending experience preferred
What you'll get
We know that pay and benefits are important. And, we've really got that covered. But, we also know that those are not the only things that you need to decide if this is the place for you. Join our team of Lake Trusters and you'll enjoy:
  • Working with an energetic team focused on making our members wildly successful
  • An opportunity to work with others that have your back every step of the way
  • Opportunities to make a difference both inside and outside of our walls
  • Being treated like you are more than the work you do
  • Must be a tech savvy individual who has a high degree of adaptability to adjust quickly to change and priorities.

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