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Bank Teller Salary

Average Bank Tellers in the United States make around $10.47 per hour. Including potential for bonuses and profit sharing — peaking near $1K and $3K, respectively — total cash payment to Bank Tellers can bottom out near $18K or peak near $29K depending on individual performance. The most important factor affecting compensation for this group is the specific employer, followed by experience level and geography. Most Bank Tellers survey respondents are women (77 percent). Some workers in this field — more than a third — are not awarded benefits. Medical coverage is reported by the greater part and dental plans are enjoyed by close to one-half. For the most part, Bank Tellers enjoy their work and report high levels of job satisfaction. The figures in this rundown are based on the results of PayScale's salary questionnaire.
$18,230 - $34,917
(Median)
18K
24K
30K
35K
MEDIAN: $24,360
10%
50%
75%
90%

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$8.39 - $13.26
(Median)
8
9
12
13
MEDIAN: $10
10%
25%
75%
90%

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Show Annual Salary Show Hourly Rate

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$12K$24K$36K
Salary
$18,230 - $34,917  
   
Bonus
$0.00 - $1,031  
Profit Sharing
$100.67 - $2,936  
Commission
$192.54 - $1,949  
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).
)
$17,686 - $29,046  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 892
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$7$14$21
Hourly Rate
$8.39 - $13.26  
   
Hourly Tips
$0.00 - $7.98  
Overtime
$10.21 - $20.03  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14K$28K$42K
Bonus
$0.00 - $1,031  
   
Commission
$192.54 - $1,949  
Profit Sharing
$100.67 - $2,936  
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).
)
$17,686 - $29,046  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 7,205
United States (change)

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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Though not the most common occurrence, Bank Tellers sometimes become Registered Nurses, where the average income is $55K per year. Bank Tellers moving up in their careers tend to step into positions as Assistant Branch Managers of Banking or Personal Bankers. The median paychecks in those roles are $16K higher and $12K higher, respectively.

Bank Teller Job Listings

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Popular Employer Salaries for Bank Teller


Many Bank Tellers can be found at Wells Fargo Bank, Bank of America Corp. (BOFA), The PNC Financial Services Group, Inc., J.P. Morgan Chase & Co. (JPMCC), and U.S. Bank, firms that are at the top of the field. Although Citibank offers the highest salaries (median pay is $26K), survey participants reported a rather limited pay range of $18K to $31K. Bank of America Corp. (BOFA), TD Bank, N.A., and Capital One Financial Corp are a few other companies that offer generous salaries, with Bank Tellers earning around $24K, $24K, or $24K at each firm, respectively.

With a median salary of $20K, First National Bank provides Bank Tellers with the lowest pay in their field; moreover, earnings are capped at only $27K, limiting employee salary growth. Employees at The PNC Financial Services Group, Inc., Fifth Third Bancorp, and Federal Credit Union can also expect below-average earnings of $21K, $21K, and $22K.

Popular Skills for Bank Teller


Bank Tellers report using a large range of skills on the job. Most notably, skills in Spanish Language, Sales, Banking, and Accounting are correlated to pay that is above average, with boosts between 4 percent and 9 percent. The majority of those who know 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, more experience in the field does not usually mean bigger paychecks. Survey participants with less than five years' experience pocket $22K on average, but those with five to 10 years of experience enjoy a much bigger median of $24K. On average, Bank Tellers make $26K following one to two decades on the job. Bank Tellers who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $27K.

Pay Difference by Location


For those looking to make money, Bank Tellers in New York enjoy an exceptional pay rate, 15 percent above the national average. Bank Tellers will also find cushy salaries in San Diego (+12 percent), Atlanta (+10 percent), Los Angeles (+7 percent), and Miami (+7 percent). Falling short of the national average by 8 percent, the area with the worst salaries is San Antonio. Employers also pay below the national average in Cleveland (6 percent lower) and Tulsa (1 percent lower).

Related Job Salaries

Experience Affects Bank Teller Salaries




National Average
$22,000


Skills That Affect Bank Teller Salaries


up arrow 5%

Banking
up arrow 4%

Cash Handling
up arrow 2%

Data Entry
up arrow 2%

Microsoft Office
up arrow 2%

Typing
up arrow 2%

Accounting
up arrow 2%

Mathematica
up arrow 2%

Customer Service
up arrow 1%

Customer Relations
up arrow 1%

Retail
up arrow 1%

Oral / Verbal Communication
up arrow 1%

Microsoft Excel
up arrow 1%

Computer Service
0%

National Average
$22,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 1071 votes.

Gender

Female
77 %
Male
23 %

Years of Experience

Less than 1 year
26%
1-4 years
52%
5-9 years
13%
10-19 years
7%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 60% dental benefits Dental: 49%
vision benefits Vision: 38% employee benefits None: 37%