Bank Teller Salary

An average Bank Teller in the United States can expect to take home roughly $10.87 per hour. With some bonuses approaching $1K and certain profit sharing proceeds approaching $3K, overall incomes of Bank Tellers spread between $18K and $30K depending on individual performance. The most influential factor affecting pay for this group is the particular firm, though career length and location have a (lesser) impact as well. Health benefits are not claimed by all — over a third lack any form of coverage — but the greater part have medical insurance, and around half have dental, too. Most workers in this position report high levels of job satisfaction. This report is based on responses to the PayScale salary survey.
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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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Bank Tellers do not often transition into Registered Nurse roles. The role averages $55K per year. Personal Bankers or Assistant Branch Managers of Banking are common next-step roles for Bank Tellers moving up in their careers; annual pay for Personal Bankers is $12K higher on average, and it's $16K higher for Assistant Branch Managers of Banking.

Bank Teller Job Listings

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Popular Employer Salaries for Bank Teller


Wells Fargo Bank, Bank of America Corp. (BOFA), The PNC Financial Services Group, Inc., Regions Bank, and J.P. Morgan Chase & Co. (JPMCC) are some prominent firms with considerable interest in employing a large team of Bank Tellers. Employees at Citibank enjoy the biggest paychecks, and $28K is the median salary. Range in pay, on the other hand, is narrow, with lower figures hovering around $19K and higher ones not far away at only $32K. Bank of America Corp. (BOFA), TD Bank, N.A., and SunTrust Banks Inc. also offer top salaries for Bank Tellers. Workers at these firms can expect to earn about $25K, $25K, and $25K, respectively.

Employees at The PNC Financial Services Group, Inc. take home the smallest paychecks, and $21K is the median salary. Furthermore, range in pay is narrow, with salaries starting at $18K and quickly nearing the top at only $26K. Fifth Third Bancorp, Federal Credit Union and U.S. Bank are three other employers with a reputation for below-average pay, showing salaries around $21K, $22K, and $22K.

Popular Skills for Bank Teller


Survey respondents exploit a significant toolbox of skills in their work. 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 familiar with Cash Handling also tend to 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, experience does not seem to be a major factor in determining pay. Those in the early stages of their career can expect to make around $22K; however, individuals with five to 10 years of experience bring in $25K on average — a distinctly larger sum. Bank Tellers with one to two decades of relevant experience report an average salary of approximately $26K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $27K.

Pay Difference by Location

National Average: $23,062

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

For Bank Tellers, New York provides a pay rate that is 11 percent greater than 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). Those in the field find the lowest salaries in Oklahoma City, 9 percent below the national average. Employers also pay below the national average in 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 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
$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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