Browse Categories

Teller Salary

For Tellers, hourly average wages total $10.94 per hour. Total cash earnings of Tellers range from $19K on the low end to $29K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $1K and $4K, respectively. Earnings for this group are mostly affected by the particular firm, followed by geography and tenure. Job satisfaction is high and work is enjoyable for most Tellers. While some workers in this profession — approximately one-third — do not have any health coverage, a majority do receive medical benefits and just over a half have dental insurance. Men are in the minority of survey respondents, with female Tellers making up 76 percent. The data in this summary comes from the PayScale salary survey.
$18,504 - $33,741
(Median)
19K
25K
29K
34K
MEDIAN: $24,811
10%
50%
75%
90%

Add this chart to your site: 640px    300px

$8.92 - $13.46
(Median)
8
12
13
MEDIAN: $10
10%
75%
90%

Add this chart to your site: 640px    300px

Show Annual Salary Show Hourly Rate

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
$18,504 - $33,741  
   
Bonus
$0.00 - $1,021  
Profit Sharing
$195.74 - $4,027  
Commission
$144.50 - $2,993  
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).
)
$18,654 - $29,315  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 409
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
$8.92 - $13.46  
   
Hourly Tips
$0.03 - $2.89  
Overtime
$11.91 - $20.28  
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 - $1,021  
   
Commission
$144.50 - $2,993  
Profit Sharing
$195.74 - $4,027  
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).
)
$18,654 - $29,315  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 3,735
United States (change)

Job Description for Teller

A teller interacts with bank customers in tasks such as processing account transactions, making individualized banking recommendations, issuing money orders, and maintaining precise monetary balances. Tellers' responsibilities vary based on the bank's size and policies. These positions require a high level of customer interaction, as they serve as the most frequent interpersonal connection with customers. Tellers may also interact with customers by telephone.

Read More...

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 Teller


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


Tellers who transition into an upper level Banking Branch Manager role may receive a large increase in pay as the position pays an average $51K per year. A Bank Teller role is the most prevalent career advancement for Tellers. Paychecks for that role are $22K on average. The Personal Banker position is another common transition for Tellers; in this role, salaries are typically at the $35K mark.

Bank Teller Job Listings

Search for more jobs:

Popular Employer Salaries for Teller


Wells Fargo Bank, Bank of America Corp. (BOFA), The PNC Financial Services Group, Inc., J.P. Morgan Chase & Co. (JPMCC), and Chase Bank are some prominent firms with considerable interest in employing a large team of Tellers. Although Citibank heads up the field in terms of compensation, offering the highest median salary at $26K, pay at this particular employer still varies considerably, running the full spectrum from $17K to $34K. Capital One Financial Corp, Bank of America Corp. (BOFA), and TD Bank, N.A. are a few other companies that offer generous salaries, with Tellers earning around $25K, $25K, or $25K at each firm, respectively.

Regions Bank offers the lowest pay in the field with a median salary of just $21K. There's also little variation in pay at the company, with pay ranging from $17K to $26K. Others at the bottom of the scale for this job include The PNC Financial Services Group, Inc. at $21K, KeyBank at $22K, and U.S. Bank, where $22K is the norm.

Popular Skills for Teller


Tellers seem to require a number of specific skills. Most notably, skills in Account Sales, Bilingual, Customer Relationship Management, and Accounting are correlated to pay that is above average, with boosts between 5 percent and 19 percent. The majority of those who know Cash Handling also know Banking.

Pay by Experience Level for Teller

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


Tellers do not generally earn higher incomes from more experience in the field. Those in the early stages of their career can expect to make around $23K; however, individuals with five to 10 years of experience bring in $24K on average — a distinctly larger sum. Tellers claiming one to two decades of experience make an estimated median of $26K. Tellers who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $28K.

Pay Difference by Location


Washington is home to an above-average pay rate for Tellers, 16 percent higher than the national average. Tellers can also look forward to large paychecks in cities like New York (+15 percent), San Jose (+14 percent), Atlanta (+8 percent), and Dallas (+7 percent). Oklahoma City is the lowest-paying area, 6 percent south of the national average.

Teller Reviews

What is it like working as a Teller?

Teller in Dayton:
"Typing."
Pros: Occasionally I get to help someone solve a legitimate problem. Otherwise, I like the puzzle-like nature of setting up electronic transfers, etc.
Cons: Cashing checks for angry people.

Related Job Salaries

Experience Affects Teller Salaries




National Average
$23,000


Skills That Affect Teller Salaries

Account Sales
up arrow 19%

Bilingual
up arrow 10%

Accounting
up arrow 5%

Customer Relationship Management (CRM)
up arrow 5%

Spanish Language
up arrow 3%

Banking
up arrow 2%

Sales
up arrow 2%

Cash Handling
up arrow 1%

Customer Relations
up arrow 1%

Customer Service
0%

National Average
$23,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 570 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
17%
1-4 years
57%
5-9 years
16%
10-19 years
8%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 62% dental benefits Dental: 55%
vision benefits Vision: 44% employee benefits None: 34%