Bank Teller Salary

Average Bank Tellers in the United States make around $10.68 per hour. In the world of Bank Tellers, overall income ranges from $18K near the bottom to $30K at the top; this can include more than $1K from bonuses and more than $3K from profit sharing in exceptional cases. Earnings for this group are mostly affected by the specific employer, followed by career duration and geography. Men are in the minority of survey respondents, with female Bank Tellers making up 78 percent. While over a third report receiving no health benefits, the greater part do receive medical coverage, and close to one-half have dental, as well. Job satisfaction is reported as high by the vast majority of workers. This overview is based on answers to PayScale's salary questionnaire.
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$18,395 - $35,834

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$8.52 - $13.59

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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$12K$24K$36K
Salary
$18,395 - $35,834  
   
Bonus
$0.00 - $1,022  
Profit Sharing
$164.42 - $3,064  
Commission
$100.45 - $1,282  
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).
)
$17,920 - $29,695  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 767
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$7$14$21
Hourly Rate
$8.52 - $13.59  
   
Hourly Tips
$0.00 - $7.65  
Overtime
$10.00 - $20.40  
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$14K$28K$42K
Bonus
$0.00 - $1,022  
   
Commission
$100.45 - $1,282  
Profit Sharing
$164.42 - $3,064  
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).
)
$17,920 - $29,695  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 6,251
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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 who advance into the role of a Registered Nurse are fairly uncommon. Registered Nurses on average earn $55K per year. A common career progression for a Bank Teller is to become a Personal Banker or an Assistant Branch Manager of Banking. Compared to Bank Tellers, the first group earns $12K more on average, and the second group earns $16K 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 heads up the field in terms of compensation, offering the highest median salary at $27K, pay at this particular employer still varies considerably, running the full spectrum from $19K to $34K. Bank Tellers will also find cushy salaries at Bank of America Corp. (BOFA) (+$25K), BB&T Corp. (+$24K), and TD Bank, N.A. (+$24K).

The PNC Financial Services Group, Inc. offers the least pay with a median salary of $21K; furthermore, salaries there max out at only $26K. Others at the bottom of the scale for this job include Fifth Third Bancorp at $21K, Federal Credit Union at $22K, and U.S. Bank, where $22K is the norm.

Popular Skills for Bank Teller


Survey results imply that Bank Tellers deploy a substantial tool kit of skills at work. 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. The majority of those who know Cash Handling also 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. Those in the early stages of their career can expect to make around $22K; however, individuals with five to 10 years of experience bring in $25K on average — a distinctly larger sum. Bank Tellers see a median salary of $26K after reaching one to two decades on the job. As Bank Tellers reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $28K.

Pay Difference by Location


Bank Tellers will find that San Diego offers an impressive pay rate, one which exceeds the national average by 13 percent. Bank Tellers can also look forward to large paychecks in cities like New York (+13 percent), Los Angeles (+10 percent), Atlanta (+9 percent), and Dallas (+6 percent). With compensation 8 percent below the national average, Oklahoma City is not known for hefty paychecks and actually represents the lowest-paying market. Employers also pay below the national average in San Antonio (7 percent lower) and Cincinnati (6 percent lower).

Bank Teller Reviews

What is it like working as a Bank Teller?

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.

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Experience Affects Bank Teller Salaries




National Average
$23,000


Skills That Affect Bank Teller Salaries


up arrow 5%

Banking
up arrow 4%

Cash Handling
up arrow 2%

Customer Relations
up arrow 2%

Accounting
up arrow 2%

Customer Service
up arrow 1%

Data Entry
up arrow 1%

Microsoft Office
up arrow 1%

Oral / Verbal Communication
up arrow 1%

Mathematica
up arrow 1%

Typing
0%

Computer Service
0%

Retail
0%

Microsoft Excel
0%

National Average
$23,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 834 votes.

Gender

Female
78 %
Male
22 %

Years of Experience

Less than 1 year
27%
1-4 years
49%
5-9 years
13%
10-19 years
8%
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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