Bank Teller Salary

Bank Tellers in the United States pull down an average of $11.69 per hour. Cash earnings of Bank Tellers — including $2K in bonuses, $3K in profit sharing proceeds, and $2K in commissions near the top of the pay scale — stretch from approximately $20K to approximately $32K depending on individual performance. Compensation for this group is mainly affected by the company, but the particular city and tenure are influential factors as well. The majority of workers are highly satisfied with their job. Unfortunately, some people in this line of work are without benefits — close to one-third lack coverage. On the flip side, the larger part have medical insurance and over one-half receive dental plans. This snapshot results from replies to PayScale's salary survey.
Read More
$18,863 - $41,876
$19K
$26K
$42K
MEDIAN: $26,044
10%
50%
90%

Add this chart to your site: 640px    300px

$9.50 - $14.67
$9
$12
$15
MEDIAN: $11.69
10%
50%
90%

Add this chart to your site: 640px    300px

$0$41K
Salary $18,863 - $41,876
Bonus $192.33 - $2,413
Profit Sharing $203.47 - $3,000
Commission $82.43 - $1,562
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).
)
$19,774 - $31,610
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 410
Hourly Data $0$21
Hourly Rate $9.50 - $14.67
Hourly Tips $0.03 - $1.62
Overtime $12.74 - $21.60
Annual Data $0$31K
Bonus $192.33 - $2,413
Commission $82.43 - $1,562
Profit Sharing $203.47 - $3,000
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).
)
$19,774 - $31,610
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 2,993

Find Out Exactly What You Should Be Paid

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.

Read More...

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


Add this chart to your site:   640px 640px    300px 300px


Though some Bank Tellers move into positions like Registered Nurse (where the average salary is $56K), this progression is not the norm. 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 $14K higher, respectively.

Bank Teller Job Listings

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 among the top companies that take on many Bank Tellers. Although salaries only range from $24K to just $35K, TD Bank, N.A. still offers the highest pay with a median paycheck of $28K. Bank of America Corp. (BOFA), SunTrust Banks Inc., and Union Bank are a few other companies that offer generous salaries, with Bank Tellers earning around $28K, $25K, or $25K at each firm, respectively.

Bank Tellers will find the worst pay at IBC Bank, where the median salary crawls in at $17K. Furthermore, compensation is curbed at $25K, leaving little room for growth. A few other companies with smaller-than-average paychecks include The PNC Financial Services Group, Inc. ($21K), Fifth Third Bancorp ($21K), and Federal Credit Union ($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 Accounting are correlated to pay that is above average. For most people, competency in Cash Handling indicates knowledge of 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: $24,658

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

New York, Los Angeles, and Chicago — America's three largest cities — boast salaries well above the national rate for Bank Tellers. Oklahoma City ranks last in the field for pay, reporting salaries 11 percent below the national average. Workers in Tulsa and Memphis earn salaries that trail the national average for those in this profession (8 percent less and 5 percent less, 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.

Bank Teller in Plymouth:
"Banking center Rep."
Pros: I love my job, I mean, I get to play with money all day!
Cons: Nothing really bad to say.

Bank Teller in Dallas:
"Work."
Pros: Working with our members.
Cons: Not team players. Not enough pay for my skills.

Bank Teller in Sparta:
"Bank."
Pros: Short drive, the customers, flexible schedule.
Cons: The pay.

Related Job Salaries

Key Stats for Bank Teller

Gender

Female
79 %
Male
21 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 352 votes.
Less than 1 year
23%
1-4 years
49%
5-9 years
14%
10-19 years
9%
20 years or more
4%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Bank Teller Salaries

▲16%

▲12%

▲6%

National Average
$25,000

▼4%

Skills That Affect Bank Teller Salaries


▲1%

▲1%

▲1%




National Average
$25,000

Cash Handling
▼1%

Typing
▼1%

Computer Service
▼1%

▼2%

▼2%


▼2%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 352 votes.

Gender

Female
79 %
Male
21 %

Years of Experience

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

Common Health Benefits

medical benefits
Medical: 64%
dental benefits
Dental: 54%
vision benefits
Vision: 45%
no benefits
None: 32%
ADVERTISEMENT