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Deposit Operations Jobs in Rochester, MN (NOW HIRING)

Associated Bank - Corp

Area Teller Specialist

Rochester, MN · On-site

$16.25 - $20.25/hr

  • Retirement

  • PTO

Service vault, ATM, and night deposit operations as assigned. * Travel regularly to support staffing and operational needs across multiple branches within the district. Education & Experience ...

Associatedbank

Area Teller Specialist

Rochester, MN · On-site

$17 - $24.06/hr

  • Retirement

  • PTO

Service vault, ATM, and night deposit operations as assigned. * Travel regularly to support staffing and operational needs across multiple branches within the district. Education & Experience ...

Associated Bank

Area Teller Specialist

Rochester, MN · On-site

$16.25 - $20.25/hr

  • Retirement

  • PTO

Service vault, ATM, and night deposit operations as assigned. * Travel regularly to support staffing and operational needs across multiple branches within the district. Education & Experience ...

Old National Bank

Relationship Banker

Saint Charles, MN · On-site

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Old National Bank

Relationship Banker

Saint Charles, MN · On-site

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Old National Bank

Relationship Banker

Saint Charles, MN · On-site

$17 - $29.75/hr

  • Medical

  • Dental

  • Vision

  • Retirement

... Deposit Operations, Internal Bank Support, Reconcilement, Risk Management, etc. * Maintains and demonstrates in-depth knowledge of the different banking channels and educates clients on emerging ...

Chick-fil-A

Operations Director

Rochester, MN · On-site

$65K - $74K/yr

  • Medical

  • Retirement

  • PTO

Operations Director at Chick-fil-A Chick-fil-A Rochester is growing! On November 6th we opened our ... Manage cash accountability systems through verifying safe counts, register counts, safe deposits ...

Chick-fil-A

Operations Director

Rochester, MN

$65K - $74K/yr

  • Medical

  • Retirement

  • PTO

Operations Director at Chick-fil-A Chick-fil-A Rochester is growing! On November 6th we opened our ... Manage cash accountability systems through verifying safe counts, register counts, safe deposits ...

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All JobsDeposit Operations JobsDeposit Operations Jobs in Rochester, MN

Deposit Operations information

See Rochester, MN salary details

$11

$27

$56

How much do deposit operations jobs pay per hour?

As of Aug 19, 2026, the average hourly pay for deposit operations in Rochester, MN is $27.83, according to ZipRecruiter salary data. Most workers in this role earn between $18.85 and $32.12 per hour, depending on experience, location, and employer.

What is deposit operations?

Deposit Operations refers to the back-office functions in a bank or financial institution that handle the processing, maintenance, and management of deposit accounts such as checking, savings, and certificates of deposit. This department ensures that transactions like deposits, withdrawals, transfers, and account maintenance are processed efficiently and accurately. They also ensure compliance with banking regulations, manage risk, and provide support for customer service teams. Their work is crucial for the smooth functioning of day-to-day banking activities and safeguarding customer funds.

What are some common challenges faced in a deposit operations role, and how can new team members prepare for them?

Deposit Operations professionals often encounter challenges such as managing high transaction volumes, ensuring regulatory compliance, and quickly resolving discrepancies in account activity. New team members can prepare by familiarizing themselves with industry regulations, developing strong attention to detail, and improving their proficiency with banking software systems. Regular collaboration with other departments, such as IT and customer service, also helps ensure smooth processes and timely issue resolution. Being proactive in communication and staying organized are key to thriving in this fast-paced environment.

What are the key skills and qualifications needed to thrive in deposit operations, and why are they important?

Deposit Operations professionals require strong attention to detail, knowledge of banking regulations, and experience with account reconciliation, often supported by a background in finance or banking. Familiarity with core banking systems, transaction processing software, and compliance monitoring tools is typically essential. Strong organizational skills, problem-solving abilities, and effective communication set individuals apart in this role. These skills ensure accurate transaction processing, regulatory compliance, and efficient resolution of issues, all of which are vital for maintaining the integrity of banking operations.

What is the difference between Deposit Operations vs Loan Operations?

AspectDeposit OperationsLoan Operations
Required CredentialsTypically requires banking or finance certifications, basic accounting knowledgeSimilar certifications, with additional focus on credit analysis
Work EnvironmentBank branches, back-office banking departmentsLoan processing centers, back-office banking units
Employer & Industry UsageCommercial banks, credit unionsCommercial banks, mortgage companies
Common Search & Comparison IntentUnderstanding deposit handling, account managementLoan processing, approval procedures

Deposit Operations and Loan Operations are both essential banking roles but focus on different financial products. Deposit Operations handles account deposits, withdrawals, and account maintenance, while Loan Operations manages loan processing, disbursement, and repayment. Both roles require similar certifications and work within banking environments, but they serve different functions within financial institutions.

What job categories do people searching Deposit Operations jobs in Rochester, MN look for?

The top searched job categories for Deposit Operations jobs in Rochester, MN are:

What cities near Rochester, MN are hiring for Deposit Operations jobs?

Cities near Rochester, MN with the most Deposit Operations job openings:

Deposit Operations jobs near you
Infographic showing various Deposit Operations job openings in Rochester, MN as of August 2026, with employment types broken down into 79% Full Time, 18% Part Time, 1% Temporary, and 2% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $55,489 per year, or $26.7 per hour.

Chief Deposit Officer - Metro Area

Minnesota Bankers Association

Rochester, MN • On-site

$180 - $240/hr

Other

Posted 6 days ago

Job description

The Chief Deposit Officer (CDO) sets and leads the bank's overall deposit growth, business services, and Third-Party Administrator (TPA) account strategy. Above all else, this role owns a single defining objective: the sustained growth of the bank's overall core deposit base. This role directly supervises the Market Leads, the TPA Department, and the bank's Marketing function, and serves as a key member of the bank's Leadership Team. The CDO personally maintains a select portfolio of key strategic relationships in addition to leading the broader deposit organization and maintains a primary office within the Minneapolis–St. Paul metropolitan area.

  • Own the bank's overall core deposit growth as the defining measure of success for this role, ensuring every aspect of the deposit and business services strategy ladders up to sustained core deposit growth.
  • Develop and lead the bank's overall deposit growth strategy, including core deposits, business services, and TPA-related account relationships, in partnership with the Bank President and leadership team.
  • Identify and pursue opportunities to expand the bank’s market share through new product development, relationship-driven growth strategies, and expansion into new markets.
  • Serve as a member of the bank's Leadership Team, contributing to bank-wide strategic direction, planning, and decision-making alongside other senior leaders.
  • Directly supervise, coach, and develop the Market Lead positions, providing strategic direction, setting production and performance goals, and ensuring alignment of branch, deposit, and business services activity across markets.
  • Directly supervise the bank's Marketing function, ensuring marketing strategy, branding, and promotional campaigns are closely aligned with and support the bank's core deposit growth objectives.
Education & Experience
  • Bachelor's degree in business, finance, or a related field; MBA or equivalent advanced degree preferred.
  • 10+ years of progressive experience in deposit generation, treasury/business services, or retail and commercial banking leadership, including significant experience managing multiple teams or functions.
  • Prior experience overseeing a niche and/or specialized deposit products or programs, with demonstrated success developing and implementing strategic solutions to drive growth, enhance operational efficiency, manage risk, and improve client experiences.
  • Demonstrated track record of developing and executing deposit growth strategy at an institutional or bank-wide level.
  • Strong working knowledge of deposit-related regulatory requirements (e.g., Regulation DD, Regulation E) and BSA/AML compliance.
  • Excellent executive leadership, strategic planning, and relationship-management skills, with the ability to represent the bank credibly with clients, regulators, and the board.
About Us

Eagle Rock Bank is a locally owned, relationship-focused community bank headquartered in Rochester, Minnesota. Founded in 1996 (formerly Olmsted National Bank and later ONB Bank), the bank rebranded as Eagle Rock Bank in 2024 to better reflect its vision for growth across Minnesota. The bank is dedicated to delivering personalized banking solutions through local decision-making, exceptional service, and long-term client relationships.

In 2026, Eagle Rock Bank significantly expanded through its merger with Riverland Bank, creating a stronger community banking franchise serving both Greater Minnesota and the Twin Cities. The combined organization now has approximately $500 million in assets and operates multiple banking locations while maintaining local ownership and a commitment to community banking. The merger increased lending capacity, enhanced treasury management capabilities, expanded commercial banking expertise, and strengthened the bank's ability to serve growing businesses and professionals.

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