Tellers: Salary, Job Description, How To Become One, and Quiz

Stan T.Career, OverviewLeave a Comment

Job description

Tellers receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution’s various transactions.

  • Balance currency, coin, and checks in cash drawers at ends of shifts and calculate daily transactions, using computers, calculators, or adding machines.
  • Receive checks and cash for deposit, verify amounts, and check accuracy of deposit slips.
  • Monitor bank vaults to ensure cash balances are correct.
  • Cash checks and pay out money after verifying that signatures are correct, that written and numerical amounts agree, and that accounts have sufficient funds.
Read more about what does a Teller really do at work and what is it like being and working as one.



Become one

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Salary

Average salary
$30140 per year

Average hourly wage
$14 per hour


Tellers with little to no experience tend to make between $22250 and $25540 while the more experienced ones can earn over $34360 per year.

Top 5 paying statesHourlyAnnual
DC$17$35,790
WA$16$34,240
CT$16$33,360
NJ$16$32,950
MA$16$32,860

One of the easiest ways to increase your salary as a Teller is to move to a higher paying state like DC. Right now, the highest paying states for Tellers are DC, WA, CT, NJ and MA.

However, a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be twice as high than where you are currently at now.

Three other factors that can increase your salary as a Teller is the degree you hold, the industry you work in, and lastly the company you work for.


Requirements

Recommended degree level
High School Diploma (or GED)

We asked other Tellers what degree they had when they got the job and most of them said they had a High School Diploma followed by a College Certificate.

Other than that, we also asked them what did they major in and here are the most popular majors that came up.

Banking and Financial Support Services
Read more about how to become a Teller and the degree, training and education you need.

Pros and Cons

Here are some of the pros and cons of being a Teller.

PROS
Suitable for people who likes to follow routines
Suitable for people who values relationships between co-workers and customers and wants to work in a friendly non-competitive environment
This career is perfect for people who love to work indoors.
It is easy to get into this career. Some previous work-related skill, knowledge, or experience is required for this career.
CONS
Not suitable for people who likes to work with designs
One of the lowest paying jobs
Demand for this career is growing very slowly

What is the job like

Job satisfaction
57%

Is this job meaningful
33%


57% of Tellers said they were satisfied with their job and 33% said they feel like their job is making other people’s lives better.


Is this right for me

Best personality for this career
The Organizers and The Entrepreneurs

You can read more about these career personality types here.

People who are suitable for this job tends to like following set procedures and routines. They like working with data and details more than with ideas..

They also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.




Learn more about Tellers

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Job Description
Salary
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Related career information

Tellers job description, Tellers salary, Tellers information, what is the job of a Teller like, pros and cons about Tellers, colleges and universities for Tellers, is Tellers the right career for me, careers in Office and Administration

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Account Representative, Bank Representative, Bank Teller, Cashier, Collection Teller, Commercial Teller, Coupon Clerk, Customer Relationship Specialist, Customer Service Associate (CSA), Customer Service Representative (CSR)

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