Bank Teller Salary

Bank Tellers in the United States take home approximately $11.60 per hour on average. Total incomes of Bank Tellers incorporate potential for, in a few cases, more than $2K from bonuses and close to $3K from profit sharing; these performance components cause packages to range between $19K and $31K. The most influential factor affecting pay for this group is the company, though geography and tenure have a (lesser) impact as well. Most workers in this position report high levels of job satisfaction. Unfortunately, some people in this line of work are without benefits — approximately one-third lack coverage. On the flip side, a majority have medical insurance and a little over a half receive dental plans. This overview is based on answers to PayScale's salary questionnaire.
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$18,871 - $40,896
$19K
$26K
$41K
MEDIAN: $25,919
10%
50%
90%

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$9.31 - $14.59
$9
$12
$15
MEDIAN: $11.60
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
$18,871 - $40,896  
   
Bonus
$148.65 - $2,402  
Profit Sharing
$204.26 - $3,041  
Commission
$70.00 - $1,464  
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).
)
$19,415 - $31,461  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 431
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
$9.31 - $14.59  
   
Hourly Tips
$0.03 - $1.62  
Overtime
$12.34 - $21.47  
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
$148.65 - $2,402  
   
Commission
$70.00 - $1,464  
Profit Sharing
$204.26 - $3,041  
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).
)
$19,415 - $31,461  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 3,162

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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There are some Bank Tellers — though it's uncommon — that transition into Registered Nurses, where earnings are an average $56K annually. 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


Wells Fargo Bank, Bank of America Corp. (BOFA), The PNC Financial Services Group, Inc., Chase Bank, and Regions Bank are all popular places to work. Salary cannot be beat at TD Bank, N.A., where median pay comes to $28K. The range seems somewhat confined, however; the lower end sits at $24K, and the higher end is not far away at $35K. Also paying near the top of the field are Bank of America Corp. (BOFA) at $28K, SunTrust Banks Inc. at $25K, and Union Bank, where Bank Tellers annually earn $25K.

Pay for Bank Tellers is the lowest at IBC Bank, which has a median salary of $17K. In addition, there's little room to grow there, with salaries maxing out at $25K. Others at the bottom of the scale for this job include The PNC Financial Services Group, Inc. at $21K, Fifth Third Bancorp at $21K, and Federal Credit Union, where $22K is the norm.

Popular Skills for Bank Teller


Survey takers working as Bank Tellers report using a large range of professional skills. Most notably, skills in Spanish Language, Sales, Banking, and Accounting are correlated to pay that is above average. Most people who know Cash Handling also know Banking.

Pay by Experience Level for Bank Teller

Pay by Experience for a Bank Teller has a positive trend. An entry-level Bank Teller with less than 5 years of experience can expect to earn an average total compensation of $24,000 based on 2,789 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Bank Teller with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $26,000 based on 598 salaries. An experienced Bank Teller which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $28,000 based on 368 salaries. A Bank Teller with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $29,000 based on 161 salaries.

Pay Difference by Location

National Average: $24,490

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

New York, Los Angeles, and Chicago, the three biggest cities in America, are lucrative areas where pay is higher than the national average. Oklahoma City is the lowest-paying area, 10 percent south of the national average. Below-median salaries also turn up in Tulsa and Memphis (7 percent lower and 5 percent lower, respectively).

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
80 %
Male
20 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 333 votes.
Less than 1 year
23%
1-4 years
49%
5-9 years
14%
10-19 years
9%
20 years or more
5%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Bank Teller Salaries

▲17%

▲13%

▲7%

National Average
$24,000

▼4%

Skills That Affect Bank Teller Salaries


▲2%

▲2%

▲2%


Cash Handling
▼0%



National Average
$24,000

Typing
▼1%

Computer Service
▼1%

▼1%

▼1%



▼2%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 333 votes.

Gender

Female
80 %
Male
20 %

Years of Experience

Less than 1 year
23%
1-4 years
49%
5-9 years
14%
10-19 years
9%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 64%
dental benefits
Dental: 53%
vision benefits
Vision: 45%
no benefits
None: 32%
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