Bank Teller Salary

Median pay for Bank Tellers in the United States lies in the neighborhood of $11.50 per hour. Cash earnings for Bank Tellers — including $2K in bonuses and $5K in profit sharing proceeds near the top of the pay scale — generally stretch from $19K to $31K depending on individual performance. The company is the biggest factor affecting pay for this group, followed by the particular city and years of experience. Job satisfaction for Bank Tellers is high. Nearly one in three of professionals in this line of work do not receive benefits; however, the larger part report medical coverage and more than half claim dental coverage as well. This report is based on responses to the PayScale salary survey.
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$18,822 - $40,271
$19K
$26K
$40K
MEDIAN: $25,788
10%
50%
90%

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$9.26 - $14.40
$9
$11
$14
MEDIAN: $11.50
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
$18,822 - $40,271  
   
Bonus
$144.74 - $2,004  
Profit Sharing
$197.27 - $4,956  
Commission
$51.71 - $1,448  
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).
)
$19,299 - $31,065  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 451
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
$9.26 - $14.40  
   
Hourly Tips
$0.03 - $1.62  
Overtime
$12.05 - $21.34  
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
$144.74 - $2,004  
   
Commission
$51.71 - $1,448  
Profit Sharing
$197.27 - $4,956  
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).
)
$19,299 - $31,065  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 3,340

Find Out Exactly What You Should Be Paid

United States (change)

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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

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

Common Career Paths for Bank Teller


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Bank Tellers who advance into the role of a Registered Nurse are fairly uncommon. Registered Nurses on average earn $56K per year. Career advancement for the typical Bank Teller often leads to becoming a Personal Banker or an Assistant Branch Manager of Banking; median salaries in these positions are $10K higher and $15K 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., Chase Bank, and Regions Bank, firms that are at the top of the field. Employees at TD Bank, N.A. enjoy the biggest paychecks, and $28K is the median salary. Range in pay, on the other hand, is narrow, with lower figures hovering around $24K and higher ones not far away at only $35K. Also paying near the top of the field are Capital One Financial Corp at $27K, Bank of America Corp. (BOFA) at $27K, and SunTrust Banks Inc., where Bank Tellers annually earn $25K.

The lowest salaries can be found at IBC Bank — median pay is $17K — and there is little variation in compensation, with paychecks starting at $16K and only reaching $25K. Also sliding in at the lower end of the scale are The PNC Financial Services Group, Inc. ($21K), Fifth Third Bancorp ($21K), and Federal Credit Union ($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 Accounting are correlated to pay that is above average. 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.


Bank Tellers with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. The average worker who claims fewer than five years of experience earns around $24K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $26K. Bank Tellers bring in $28K after working for 10 to 20 years. Folks who have racked up more than 20 years in the field report incomes that aren't higher than less experienced individuals' earnings.

Pay Difference by Location

National Average: $24,315

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

New York offers some of the highest pay in the country for Bank Tellers, 14 percent above the national average. Bank Tellers will also find cushy salaries in Los Angeles (+9 percent), Boston (+7 percent), Orlando (+6 percent), and Houston (+5 percent). Oklahoma City ranks last in the field for pay, reporting salaries 8 percent below the national average.

Bank Teller Reviews

Q: 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

Key Stats for Bank Teller

Gender

Female
79 %
Male
21 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 320 votes.
Less than 1 year
24%
1-4 years
49%
5-9 years
14%
10-19 years
9%
20 years or more
4%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Bank Teller Salaries

▲17%

▲13%

▲7%

National Average
$24,000

▼3%

Skills That Affect Bank Teller Salaries

▲3%


▲2%

▲2%



Cash Handling
▼0%

Oral / Verbal Communication
▼0%

Typing
▼0%

Computer Service
▼0%

National Average
$24,000

▼1%

▼1%



▼2%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 320 votes.

Gender

Female
79 %
Male
21 %

Years of Experience

Less than 1 year
24%
1-4 years
49%
5-9 years
14%
10-19 years
9%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 63%
dental benefits
Dental: 53%
vision benefits
Vision: 45%
dental benefits
None: 32%
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