Teller Salary

Average Tellers in the United States make around $11.94 per hour. Total cash compensation to Tellers bottoms out near $20K and approaches $31K on the high end; the biggest paychecks include approximately $2K from bonuses and almost $4K from profit sharing. The particular firm is the biggest factor affecting pay for this group, followed by geography and tenure. Female Tellers make up most of the survey respondents at 78 percent. Most Tellers report high levels of job satisfaction. Although a majority have medical coverage and the larger part have dental coverage, roughly one in three claim no health benefits at all. This report is based on answers to PayScale's salary questionnaire.

$18,496 - $38,236
$18K
$26K
$38K
MEDIAN: $25,770
10%
50%
90%

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$9.86 - $14.75
$9
$12
$15
MEDIAN: $12.05
10%
50%
90%

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$0$38K
Salary $18,496 - $38,236
Bonus $151.01 - $1,931
Profit Sharing $185.96 - $4,085
Commission $79.46 - $1,216
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).
)
$20,483 - $31,493
  • Country: United States
  • Currency: USD
  • Updated: 6 Nov 2017
  • Individuals Reporting: 315
Hourly Data $0$21
Hourly Rate $9.86 - $14.75
Hourly Tips $2.29
Overtime $14.37 - $21.69
Annual Data $0$31K
Bonus $151.01 - $1,931
Commission $79.46 - $1,216
Profit Sharing $185.96 - $4,085
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).
)
$20,483 - $31,493
  • Country: United States
  • Currency: USD
  • Updated: 6 Nov 2017
  • Individuals Reporting: 3,202

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

  • 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 Teller


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Tellers' salaries may rise greatly for those who assume a higher-end position such as a Banking Branch Manager. The average Banking Branch Manager brings home $52K per year. As Tellers progress in their field, many go on to become Bank Tellers. In fact, this transition is more common than anything else, and median pay for the role is $22K. Another common career choice for Tellers is to move into a Personal Banker role — this promotion usually pays $35K.

Teller Job Listings

Popular Employer Salaries for Teller


Dominating the field, Wells Fargo Bank, Bank of America Corp. (BOFA), Chase Bank, The PNC Financial Services Group, Inc., and U.S. Bank are top firms with a reputation for hiring a great number of Tellers. Although Citibank offers the highest salaries (median pay is $30K), survey participants reported a rather limited pay range of $27K to $35K. Bank of America Corp. (BOFA), TD Bank, N.A., and Capital One Financial Corp also offer top salaries for Tellers. Workers at these firms can expect to earn about $28K, $27K, and $27K, respectively.

The PNC Financial Services Group, Inc. offers the least pay with a median salary of $21K; furthermore, salaries there max out at only $27K. Bbva Compass, U.S. Bank, and Regions Bank also scrape the bottom of the pay scale, with median earnings hovering around $22K, $23K, and $24K.

Popular Skills for Teller


Tellers seem to wield many skills on the job. Most notably, skills in Operations Management, Account Sales, Customer Relationship Management, and Spanish Language are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include teller, Bilingual, and Customer Service Metrics. Those proficient in Cash Handling are, more often than not, also skilled in Banking.

Pay by Experience Level for Teller

Pay by Experience for a Teller has a positive trend. An entry-level Teller with less than 5 years of experience can expect to earn an average total compensation of $24,000 based on 2,955 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A 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 608 salaries. An experienced Teller which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $27,000 based on 361 salaries. A 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 121 salaries.

Pay Difference by Location

National Average: $25,283

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

San Francisco offers some of the highest pay in the country for Tellers, 16 percent above the national average. Tellers can also look forward to large paychecks in cities like New York (+15 percent), Jacksonville (+8 percent), Los Angeles (+7 percent), and Philadelphia (+5 percent). Falling short of the national average by 11 percent, the area with the worst salaries is St. Louis. Employers in Orlando and Houston also lean toward paying below-median salaries (6 percent lower and 3 percent lower, respectively).

Teller Reviews

Q: What is it like working as a Teller?

Teller in New York:
"Great when busy and things to do. Terribly boring during "Do."
Pros: Loved working with people and meeting new people.
Cons: Management and supervisors were not very personable. Training was lacking in certain areas. New employees are left to Figure a lot of things out and often are not made aware of these things until being written up for it.

Teller in Honolulu:
"Overwhelming."
Pros: How the company makes you feel important.
Cons: More time for one on one training before being on your own.

Teller in Corry:
"Fulfilling but demanding and harder than you think...a lot t."
Pros: Interaction with people, helping members and changing member lives hopefully for the good.
Cons: Working with people who don't feel the same way. Watching other co workers not care or work. Feeling like you are not appreciated and not being compensated for what I do.

Teller in St. Louis:
"It's more work than just customer interaction."
Pros: The people.
Cons: Tellers get paid the least but do a lot of work.

Teller in Rochester:
"The Day In The Life."
Pros: The customers are very polite, the team I work with are very knowledgable.
Cons: The people at my job lives are very destructive and get the best of them and sometimes I have to work harder.

Teller in Lebanon:
"Conclusion."
Pros: Flexibility and the people.
Cons: Pay sucks, short handed.

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

Key Stats for Teller

Gender

Female
78 %
Male
22 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 454 votes.
Less than 1 year
16%
1-4 years
58%
5-9 years
13%
10-19 years
9%
20 years or more
4%

Experience Affects Teller Salaries

▲15%

▲8%

▲2%

National Average
$25,000

▼4%

Skills That Affect Teller Salaries

Operations Management
▲17%

Account Sales
▲7%


Customer Relationship Management (CRM)
▼0%

National Average
$25,000

▼1%

▼1%

Microsoft Office
▼1%

Cash Flow Management
▼1%

Cash Handling
▼2%

Customer Service
▼2%


Accounting
▼4%

Customer Service Metrics
▼5%

Bilingual
▼6%

teller
▼7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 454 votes.

Gender

Female
78 %
Male
22 %

Years of Experience

Less than 1 year
16%
1-4 years
58%
5-9 years
13%
10-19 years
9%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 64%
dental benefits
Dental: 56%
vision benefits
Vision: 50%
no benefits
None: 32%