Teller Salary

Median pay for Tellers in the United States lies in the neighborhood of $11.07 per hour. Including potential for bonuses and profit sharing — peaking near $1K and $4K, respectively — total cash payment to Tellers can bottom out near $19K or peak near $30K depending on individual performance. While years of experience and location impact pay for this group, the specific employer is the most influential factor. Job satisfaction for Tellers is high. Although roughly a third lack health benefits of any kind, more than half do enjoy medical insurance, and the larger part get dental coverage, too. Men are in the minority of survey respondents, with female Tellers making up 76 percent. This overview is based on answers to PayScale's salary questionnaire.

$18,425 - $35,152
(Median)
$18K
$25K
$35K
MEDIAN: $25,118
10%
50%
90%

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$9.04 - $13.63
(Median)
$9
$11
$14
MEDIAN: $11.00
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
$18,425 - $35,152  
   
Bonus
$0.00 - $1,042  
Profit Sharing
$197.27 - $3,973  
Commission
$123.65 - $2,610  
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).
)
$18,885 - $29,661  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 500
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
$9.04 - $13.63  
   
Hourly Tips
$0.13 - $2.18  
Overtime
$12.04 - $20.36  
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 - $1,042  
   
Commission
$123.65 - $2,610  
Profit Sharing
$197.27 - $3,973  
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).
)
$18,885 - $29,661  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 4,388
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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.

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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


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Tellers who go on to become Banking Branch Managers may see their salaries climb quite a bit. Median pay for Banking Branch Managers is $51K annually. Going from Teller to Bank Teller is the transition that occurs most often in this field, and the average paycheck for Bank Tellers is $22K. Many others choose to work as Personal Bankers, where pay is typically $35K.

Bank Teller Job Listings

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Popular Employer Salaries for Teller


Tellers fill the offices of leading firms Wells Fargo Bank, Bank of America Corp. (BOFA), The PNC Financial Services Group, Inc., Chase Bank, and J.P. Morgan Chase & Co. (JPMCC). Citibank offers the largest salaries in town ($27K on average), but the considerable range in workers' salaries creates a rather varied pay scale that stretches from $17K to $34K. Other employers shelling out big bucks include Capital One Financial Corp, Bank of America Corp. (BOFA), and TD Bank, N.A., where Tellers typically earn around $25K, $25K, or $25K, respectively.

The PNC Financial Services Group, Inc. offers the least pay with a median salary of $21K; furthermore, salaries there max out at only $25K. Regions Bank, U.S. Bank, and Bbva Compass also scrape the bottom of the pay scale, with median earnings hovering around $22K, $22K, and $23K.

Popular Skills for Teller


Survey participants wield an impressively varied skill set on the job. Most notably, skills in Account Sales, Bilingual, Customer Relationship Management, and Accounting are correlated to pay that is above average, with boosts between 4 percent and 18 percent. Skills that are correlated to lower pay, on the other hand, include Microsoft Office. Most people 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.


For many Tellers, extensive experience does not lead to significantly more money. Salaries for inexperienced workers average out to $25K, and those with five to 10 years' experience earn a higher median of $23K. Tellers who work for 10 to 20 years in their occupation tend to earn about $26K. As Tellers reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $29K.

Pay Difference by Location


Washington offers some of the highest pay in the country for Tellers, 14 percent above the national average. Tellers can also look forward to large paychecks in cities like San Jose (+14 percent), New York (+12 percent), Atlanta (+10 percent), and Los Angeles (+7 percent). In Oklahoma City, salaries are 6 percent below the national average and represent the lowest-paying market.

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.

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Experience Affects Teller Salaries




National Average
$23,000


Skills That Affect Teller Salaries

Account Sales
up arrow 18%

Bilingual
up arrow 6%

Spanish Language
up arrow 4%

Accounting
up arrow 4%

Customer Relationship Management (CRM)
up arrow 4%

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

Microsoft Office
up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 623 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
17%
1-4 years
56%
5-9 years
16%
10-19 years
9%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 63% dental benefits Dental: 56%
vision benefits Vision: 45% employee benefits None: 33%
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