Bank Teller Salary

Pay for Bank Tellers in the United States sits in the ballpark of $10.59 per hour. Individual bonuses, profit sharing and commission for Bank Tellers — as high as $1K, $3K and $2K, respectively — each contribute to the degree of variation within overall compensation, ranging from $18K to $29K. Earnings for this group are mostly affected by the particular firm, followed by tenure and geography. Men are in the minority of survey respondents, with female Bank Tellers making up 77 percent. The majority of workers are highly satisfied with their job. Some workers in this field — over a third — are not awarded benefits. Medical coverage is reported by more than half and dental plans are enjoyed by close to one-half. The information for this snapshot was generated by responses to the PayScale salary survey.
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$18,538 - $35,273
(Median)
$19K
$25K
$35K
MEDIAN: $24,750
10%
50%
90%

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$8.42 - $13.40
(Median)
$8
$11
$13
MEDIAN: $10
10%
50%
90%

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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
$18,538 - $35,273  
   
Bonus
$0.00 - $1,029  
Profit Sharing
$120.80 - $2,980  
Commission
$194.37 - $1,855  
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).
)
$17,775 - $29,342  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 821
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
$8.42 - $13.40  
   
Hourly Tips
$0.00 - $6.18  
Overtime
$10.09 - $20.12  
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 - $1,029  
   
Commission
$194.37 - $1,855  
Profit Sharing
$120.80 - $2,980  
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).
)
$17,775 - $29,342  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 6,667

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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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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


Wells Fargo Bank, Bank of America Corp. (BOFA), The PNC Financial Services Group, Inc., J.P. Morgan Chase & Co. (JPMCC), and U.S. Bank are among the top companies that take on many Bank Tellers. Although Citibank boasts the highest average salary in town at $26K, employee compensation still varies greatly — workers can make as little as $18K or as much as $32K. Bank of America Corp. (BOFA), Capital One Financial Corp, and TD Bank, N.A. are a few other companies that offer generous salaries, with Bank Tellers earning around $25K, $24K, or $24K at each firm, respectively.

Not only do salaries lack room to grow — pay ranges from $16K to just $27K — but First National Bank offers the lowest pay in town to boot, with a median paycheck of $20K. 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


Survey results imply that Bank Tellers deploy a deep pool of skills on the job. Most notably, skills in Spanish Language, Sales, Banking, and Cash Handling are correlated to pay that is above average, with boosts between 4 percent and 8 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. 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. After working for 10 to 20 years, Bank Tellers make a median salary of $26K. Ultimately, more time spent in the workforce does seem to translate to bigger paychecks; seasoned veterans with more than 20 years of experience report a median income of $27K.

Pay Difference by Location


New York is home to an above-average pay rate for Bank Tellers, 15 percent higher than the national average. Bank Tellers can also look forward to large paychecks in cities like San Diego (+12 percent), Atlanta (+9 percent), Dallas (+9 percent), and Los Angeles (+8 percent). San Antonio is the lowest-paying area, 7 percent south of the national average. Two other places where employers offer below-median salaries are Cincinnati (5 percent less) and Pittsburgh (1 percent less).

Related Job Salaries

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Experience Affects Bank Teller Salaries




National Average
$23,000


Skills That Affect Bank Teller Salaries


Banking
up arrow 4%

Sales
up arrow 4%

Cash Handling
up arrow 2%

Customer Service
up arrow 1%

Customer Relations
up arrow 1%

Data Entry
up arrow 1%

Typing
up arrow 1%

Microsoft Office
up arrow 1%

Oral / Verbal Communication
up arrow 1%

Accounting
up arrow 1%

Mathematica
up arrow 1%

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 960 votes.

Gender

Female
77 %
Male
23 %

Years of Experience

Less than 1 year
26%
1-4 years
50%
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%