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Bank Teller Salary

Average Bank Tellers in the United States make around $10.62 per hour. Including potential for bonuses, profit sharing and commission — peaking near $1K, $3K, and $2K, respectively — total cash payment to Bank Tellers can bottom out near $18K or top out at around $29K. The specific employer is the main element affecting pay for this group — tenure and geography are driving factors as well. Most Bank Tellers survey respondents are women (78 percent). The majority of workers are highly satisfied with their job. Health benefits are not enjoyed by everyone in this line of work, and over a third lack any coverage at all. Medical benefits are reported by a majority and dental coverage is claimed by approximately half. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$18,618 - $35,363
(Median)
$19K
$25K
$35K
MEDIAN: $24,786
10%
50%
90%

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$8.43 - $13.46
(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
$18,618 - $35,363  
   
Bonus
$0.00 - $1,030  
Profit Sharing
$120.00 - $3,000  
Commission
$103.91 - $1,745  
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).
)
$17,806 - $29,444  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 813
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
$8.43 - $13.46  
   
Hourly Tips
$0.00 - $7.57  
Overtime
$10.22 - $20.16  
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 - $1,030  
   
Commission
$103.91 - $1,745  
Profit Sharing
$120.00 - $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).
)
$17,806 - $29,444  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 6,555

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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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Bank Tellers do not often transition into Registered Nurse roles. The role averages $55K per year. A common career progression for a Bank Teller is to become an Assistant Branch Manager of Banking or a Personal Banker. Compared to Bank Tellers, the first group earns $16K more on average, and the second group earns $12K more.

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 leads the field in pay with a median salary of $26K, employees there receive a wide spread of salaries, from $18K on the low end all the way up to $32K at the top. Other big spenders include Bank of America Corp. (BOFA), TD Bank, N.A., and Capital One Financial Corp, top-paying firms where Bank Tellers see paychecks nearing $25K, $24K, or $24K.

Bank Tellers will find the worst pay at First National Bank, where the median salary crawls in at $19K. Furthermore, compensation is curbed at $27K, leaving little room for growth. Also approaching the lower end are The PNC Financial Services Group, Inc. at $21K, Fifth Third Bancorp at $21K, and Federal Credit Union at $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. Most people skilled in Cash Handling are similarly competent in Banking.

Pay by Experience Level for Bank Teller

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Bank Tellers, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Salaries of relatively inexperienced workers fall in the neighborhood of $22K, but folks who have racked up five to 10 years see a notably higher median of $25K. Bank Tellers bring in $26K after working for 10 to 20 years. Veterans who have acquired more than 20 years report a median income of $27K, which is generally higher than the pay reported by other tenure groups.

Pay Difference by Location


Home to some of the best pay for Bank Tellers, San Diego offers exceptional salaries, 16 percent above the national average. Bank Tellers can also look forward to large paychecks in cities like New York (+14 percent), Atlanta (+11 percent), Los Angeles (+9 percent), and Dallas (+8 percent). With compensation 7 percent below the national average, San Antonio is not known for hefty paychecks and actually represents the lowest-paying market. Not at the bottom but still paying below the median are employers in Oklahoma City and Pittsburgh (6 percent lower and 2 percent lower, respectively).

Related Job Salaries

United States (change)

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 919 votes.

Gender

Female
78 %
Male
22 %

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%
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