Bank Teller Salary

Bank Tellers in the United States take home an average $10.87 per hour. The final incomes of Bank Tellers generally vary between $18K and $30K; higher pay grades include potential for bonuses, profit sharing, and commissions as high as $1K, $3K, and $2K, respectively. The particular firm is the main element affecting pay for this group — career length and geographic location are driving factors as well. For the most part, Bank Tellers enjoy their work and report high levels of job satisfaction. While over a third report receiving no health benefits, a majority do receive medical coverage, and approximately one-half have dental, as well. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$18,329 - $36,770
(Median)
$18K
$25K
$37K
MEDIAN: $25,002
10%
50%
90%

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$8.69 - $13.89
(Median)
$8
$11
$14
MEDIAN: $10
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$13K$26K$39K
Salary
$18,329 - $36,770  
   
Bonus
$0.00 - $1,023  
Profit Sharing
$168.00 - $3,300  
Commission
$98.34 - $1,963  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$18,202 - $30,106  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 769
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$7$14$21
Hourly Rate
$8.69 - $13.89  
   
Hourly Tips
$0.00 - $4.51  
Overtime
$9.76 - $20.64  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14K$28K$42K
Bonus
$0.00 - $1,023  
   
Commission
$98.34 - $1,963  
Profit Sharing
$168.00 - $3,300  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$18,202 - $30,106  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 6,024
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Job Description for Bank Teller

Bank tellers hold one of the most visible positions at any bank or credit union. Whether it’s withdrawing funds or depositing them, at some point, each bank customer interacts with a teller; that means customer service skills are paramount in keeping the customers happy. The position also requires absolute accuracy, as being off on your “drawer” is not allowed.

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Bank Teller Tasks

  • Ensure security of all transactions and of cash supply.
  • Provide customers with information regarding personal and business accounts, as well products offered by the bank.
  • Conduct financial transactions for customers, such as deposits and withdrawals.

Common Career Paths for Bank Teller


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It's not very common for Bank Tellers to move on to become Registered Nurses. Average pay for a Registered Nurse is $55K annually. Bank Tellers moving up in their careers tend to step into positions as Personal Bankers or Assistant Branch Managers of Banking. The median paychecks in those roles are $12K higher and $16K higher, respectively.

Bank Teller Job Listings

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Popular Employer Salaries for Bank Teller


Bank Tellers flock to Wells Fargo Bank, Bank of America Corp. (BOFA), The PNC Financial Services Group, Inc., Regions Bank, and J.P. Morgan Chase & Co. (JPMCC), highly regarded companies that employ a generous number of people in this profession. Pay for Bank Tellers is best at Citibank, which offers a median salary of $28K. However, the highest reported salaries don't seem to be much higher than the lowest ones; the pay range here runs from $19K to $32K. Bank Tellers will also find cushy salaries at Bank of America Corp. (BOFA) (+$25K), TD Bank, N.A. (+$25K), and SunTrust Banks Inc. (+$25K).

With a median salary of $21K, The PNC Financial Services Group, Inc. provides Bank Tellers with the lowest pay in their field; moreover, earnings are capped at only $26K, limiting employee salary growth. Workers also receive paychecks lighter than average at Fifth Third Bancorp ($21K), Federal Credit Union ($22K), and U.S. Bank ($22K).

Popular Skills for Bank Teller


Bank Tellers seem to exploit a large range of skills on the job. Most notably, skills in Spanish Language, Sales, Banking, and Oral / Verbal Communication are correlated to pay that is above average, with boosts between 3 percent and 7 percent. Those proficient in Cash Handling are, more often than not, also skilled in Banking.

Pay by Experience Level for Bank Teller

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Bank Tellers, experience does not seem to be a major factor in determining pay. The average worker who claims fewer than five years of experience earns around $22K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $25K. People with 10 to 20 years of experience make an average of about $26K in this role. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $27K.

Pay Difference by Location

National Average: $23,062

Larger city markers indicate a job is popular in that location.

For Bank Tellers, busy New York offers a higher-than-average pay rate, 11 percent above the national average. Bank Tellers can also look forward to large paychecks in cities like San Diego (+10 percent), Los Angeles (+9 percent), Atlanta (+8 percent), and Dallas (+7 percent). Trailing the national average by 9 percent, Oklahoma City is the market with the smallest paychecks. A couple other locations with smaller-than-average paychecks include San Antonio (7 percent lower) and St. Louis (5 percent lower).

Bank Teller Reviews

What is it like working as a Bank Teller?

Bank Teller in Memphis:
"Diversity."
Pros: Because of where my office is located ,I am in contact with a diverse culture of people who I enjoy interacting and working with.
Cons: In my office there is not much room to grow and I'm becoming board with my status. I am looking for positions which afford me opportunities to grow.

Bank Teller in Tupelo:
"Easy enough, but every once in a while..."
Pros: I like working with most of the customers that come in. I have made friends with more than one.
Cons: Some customers are absolutely awful. Yelling at anyone when they overdraw their own account like we're supposed to check it every day to make sure it doesn't happen. Like it's our fault they can't handle their own money.

Bank Teller in Milwaukee:
"Enjoyable position, Stressful environment."
Pros: I like working with people, both co-workers and customers. And, I like the banking industry in general.
Cons: The constant regulation changes.

Related Job Salaries

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Experience Affects Bank Teller Salaries




National Average
$23,000


Skills That Affect Bank Teller Salaries


Sales
up arrow 4%

Banking
up arrow 3%

Cash Handling
up arrow 1%

Customer Service
up arrow 1%

Customer Relations
up arrow 1%

Oral / Verbal Communication
up arrow 1%

Accounting
up arrow 1%

Mathematica
up arrow 1%

Data Entry
0%

Typing
0%

Microsoft Office
0%

Retail
0%

Microsoft Excel
0%

National Average
$23,000

Computer Service
up arrow 1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 706 votes.

Gender

Female
79 %
Male
21 %

Years of Experience

Less than 1 year
26%
1-4 years
48%
5-9 years
14%
10-19 years
8%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 61%
dental benefits
Dental: 49%
medical benefits
Vision: 39%
dental benefits
None: 36%
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