Bank Tellers in the United States can expect wages of $11.39 per hour on average. In the world of Bank Tellers, total cash compensation ranges from $19K on the lower end to $31K on the higher end; this includes bonuses that reach $2K and profit sharing that approaches $3K in rare cases, with some high rollers snagging commissions as high as $1K. The most influential factor affecting pay for this group is the company, though the particular city and tenure have a (lesser) impact as well. Job satisfaction for Bank Tellers is high. Health benefits are not claimed by all — close to one-third lack any form of coverage — but the greater part have medical insurance, and just over a half have dental, too. The numbers in this rundown were provided by PayScale's salary survey participants.
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$18,770 - $39,806
(Median)
$19K
$26K
$40K
MEDIAN: $25,859
10%
50%
90%

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$9.16 - $14.34
(Median)
$9
$11
$14
MEDIAN: $11.00
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$14K$28K$42K
Salary
$18,770 - $39,806  
   
Bonus
$102.98 - $2,006  
Profit Sharing
$196.90 - $3,109  
Commission
$51.20 - $1,459  
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).
)
$19,098 - $30,947  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 466
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$8$16$24
Hourly Rate
$9.16 - $14.34  
   
Hourly Tips
$0.03 - $2.45  
Overtime
$11.89 - $21.37  
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$16K$32K$48K
Bonus
$102.98 - $2,006  
   
Commission
$51.20 - $1,459  
Profit Sharing
$196.90 - $3,109  
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).
)
$19,098 - $30,947  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 3,391
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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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While Bank Tellers do not often become Registered Nurses, the job pays $56K per year on average. The most common next step for a Bank Teller is to become a Personal Banker or an Assistant Branch Manager of Banking. The former position pays an additional $11K per year on average, and the latter position pays $15K more per year.

Bank Teller Job Listings

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Popular Employer Salaries for Bank Teller


Well-known firms with a reputation for hiring numerous Bank Tellers include Wells Fargo Bank, Bank of America Corp. (BOFA), The PNC Financial Services Group, Inc., Regions Bank, and Chase Bank. Bank Tellers in search of the best pay head to Citibank, where the median salary rolls in at $30K. Although pay is top-notch overall, it does seem to be curbed at $41K, which isn't dramatically higher than the lower-end figure of $25K. Also paying near the top of the field are TD Bank, N.A. at $28K, Bank of America Corp. (BOFA) at $27K, and SunTrust Banks Inc., where Bank Tellers annually earn $25K.

Not only do salaries lack room to grow — pay ranges from $16K to just $25K — but IBC Bank offers the lowest pay in town to boot, with a median paycheck of $17K. The PNC Financial Services Group, Inc., Fifth Third Bancorp, and Federal Credit Union also rank near the bottom for pay, handing out $21K, $21K, and $22K-paychecks on average.

Popular Skills for Bank Teller


Bank Tellers seem to wield many skills on the job. Most notably, skills in Spanish Language, Sales, Banking, and Customer Relations are correlated to pay that is above average. Most people familiar with Cash Handling also know Banking.

Pay by Experience Level for Bank Teller

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


For Bank Tellers, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Relatively untried employees who have less than five years' experience make $23K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $26K. Bank Tellers bring in $27K after working for 10 to 20 years. People who have worked for more than 20 years report a median income of $28K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location

National Average: $24,157

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

For those looking to make money, Bank Tellers in New York enjoy an exceptional pay rate, 12 percent above the national average. Bank Tellers will also find cushy salaries in Boston (+10 percent), Los Angeles (+8 percent), Orlando (+7 percent), and Chicago (+5 percent). With compensation 11 percent below the national average, Oklahoma City is not known for hefty paychecks and actually represents the lowest-paying market. A couple other locations with smaller-than-average paychecks include Indianapolis (10 percent lower) and Tulsa (6 percent lower).

Bank Teller Reviews

What is it like working as a Bank Teller?

Bank Teller in Washington:
"Good stuff."
Pros: The people. Quite simply put, I appreciate being a part of an organization that makes a difference in the community.
Cons: I've yet to find something that would make a substantial difference.

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
$24,000


Skills That Affect Bank Teller Salaries

Spanish Language
up arrow 4%

Sales
up arrow 3%

Banking
up arrow 2%

Customer Relations
up arrow 2%

Customer Service
up arrow 1%

Accounting
up arrow 1%

Cash Handling
0%

Oral / Verbal Communication
0%

National Average
$24,000

Typing
up arrow 1%

Computer Service
up arrow 1%

Retail
up arrow 1%

Data Entry
up arrow 2%

Microsoft Office
up arrow 2%

Microsoft Excel
up arrow 2%

Mathematica
up arrow 2%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 311 votes.

Gender

Female
79 %
Male
21 %

Years of Experience

Less than 1 year
25%
1-4 years
48%
5-9 years
14%
10-19 years
9%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 63%
dental benefits
Dental: 53%
medical benefits
Vision: 44%
dental benefits
None: 33%
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