How Much Do Bank Tellers Make?


Bank tellers perform a broad array of financial transactions for customers. This may include verifying identity, processing deposits, and withdrawals, issuing money orders or certified checks, and exchanging dollars for other currencies.

Tellers must possess excellent customer service skills and basic math/counting abilities. College graduates can quickly advance into roles such as personal banker or loan officer within banks.


Bank tellers serve as frontline customer service representatives at banks and credit unions. Their primary job duties include providing essential banking services and conducting financial transactions for customers and non-customers, such as depositing checks, withdrawing cash, and providing money orders. Bank tellers also act as foreign exchange specialists while handling specialized money items such as traveler’s cheques and savings bonds,; performing essential accounting duties such as verifying numerical amounts recorded into information systems as well as informing them on financial products available such as loans, lines of credit certificates of deposit and retirement accounts offered by institutions; or providing information on products offered such as loans, lines of credit certificates of deposit or retirement accounts which is another crucial function of bank tellers in banks and credit unions.

A bank teller’s salary varies considerably based on their bank of choice, location, and experience level. For instance, those working in New York City can expect to earn higher wages than their counterparts in Chicago; additionally, many jobs offer additional income sources like bonuses and commissions as part of base pay – something especially prevalent at giant banks like Wells Fargo pay their tellers an estimated hourly wage of $20!

High school graduates can become bank tellers with just a high school diploma; most tellers receive training on the job from experienced managers and other employees. A bachelor’s degree can make you more appealing to employers and increase your chances of moving up into assistant manager or personal banker roles ,more quickly; degrees in finance, economics, or accounting may prove especially helpful for tellers looking to advance in their field.

Customer service skills aside, tellers must also possess extensive knowledge of the policies and systems at the bank where they work. Basic math and counting abilities as well as strong attention to accuracy and detail, should also be at a premium for success as a teller should understand how their institution handles money to protect both themselves and their customers; this means being aware of proper procedures for accepting or declining checks, processing withdrawal or deposit requests as well as what documents may be required for certain transactions.

Education Requirements

Bank tellers generally require at least a high school diploma or its equivalent, along with knowledge of banking policies and procedures. Some banks provide both classroom training sessions as well as on-the-job instruction to new tellers; depending on the size of a bank, this could take approximately one month to prepare them for this career path.

Tellers typically work full time; however, some banks also provide part-time positions. Most part-time employees do not qualify for benefits, but this varies based on your company and the number of hours worked per week; generally speaking, working more hours increases your chance of receiving such benefits.

As a bank teller, it’s essential to possess excellent customer service skills and be capable of performing mathematical calculations quickly and accurately. Furthermore, you will require strong written and verbal communication abilities, in addition to knowledge of any computer software used by your bank.

As part of becoming a bank teller, you will also need to pass both a background check and credit check conducted by the bank you apply to work at. Your financial history must be good in order for them to trust you with large sums of money; both checks will be conducted independently by each institution you apply to work at.

Bank tellers tend to work in an extremely professional and orderly environment. Most banks set very specific guidelines regarding how teller representatives look and act; bank teller positions require excellent math skills and record-keeping abilities, in addition to communicating clearly with customers and colleagues.

Bank teller experience can provide transferrable skills that can be applied across roles and industries. You could use your money handling and data entry skills in other parts or industries – for instance, personal banking, office manager work or selling mortgages/financial products directly to customers. Furthermore, banking experience helps teach financial responsibility by teaching how to manage one’s funds better.

Work Environment

Tellers work in an often fast-paced and stressful environment. While they may encounter rude or upset customers, they must always remain calm and professional. Tellers must also exhibit exceptional math skills, attention to detail, and customer service skills; many banks require them to meet sales quotas while still providing outstanding customer care that keeps people coming back.

Tellers must possess the skills to comprehend and explain various banking products and services, such as mortgages, credit cards, and checking accounts. Tellers must also be capable of answering inquiries about these offerings from customers and connecting people to experts for further insight. Many banks provide training courses designed specifically to aid teller staffers in becoming better knowledgeable about the products and services they sell.

Bank tellers can move into more responsible roles such as personal banking or loan officer. With experience comes greater responsibilities that include hiring and training other tellers. Some tellers with bachelor’s degrees in finance can even become branch managers.

Most banks don’t require a bachelor’s degree to become a teller, though having one may increase your chances of landing the job. Tellers typically make approximately $16,200 annually, with employee benefits including health care coverage and a retirement plan.

Though an associate’s degree in finance or business may not be required to become a bank teller, having one will help speed up your application process and secure your employment faster. You could also take additional classes or enroll in volunteering activities within the financial industry to build experience while developing communication skills – making you a more competitive candidate and impressing potential employers more quickly.

Job Duties

Bank tellers serve as the frontline of customer service, helping clients complete over-the-counter transactions at bank branches. They must be friendly and helpful while possessing excellent communication skills to explain various banking products and services to customers. In addition, trust must be maintained since these individuals manage large sums of money; basic accounting knowledge may help keep track of daily transactions and balance cash drawers, along with administrative/clerical duties like filing records/submitting documents related to certain types of transactions.

Banks typically provide on-the-job training for new tellers for at least a month upon beginning employment. During this period, tellers learn their bank’s policies and systems for counting, handing over, recording transactions, and recording transactions; often, these procedures vary slightly between banks – therefore you must find one where you will feel at home, and can work as part of a team.

Tellers typically perform daily operations like accepting deposit checks and loan payments, cashing cheques, and processing withdrawals. In addition, they may need to perform more complex duties such as opening new accounts and resolving customer issues; when handling large sums of money, they must be extra vigilant as mistakes could prove costly.

A teller supervisor oversees a group of tellers and is accountable for assessing their performance, managing issues or concerns, and scheduling tellers accordingly. Aside from managing schedules, some supervisors may help customers with customer support or complaints while simultaneously balancing cash drawers and monitoring vaults.

Some specialized tellers specialize in different areas. Head tellers oversee teller teams and train new employees, while vault tellers are accountable for keeping the vault secure at all times.

Careers as tellers can be an ideal option for people interested in engaging with the public while handling money regularly. Teller positions provide a fantastic entry-level position that can open up opportunities as personal bankers and loan officers.