Tellers are responsible for assisting customers with financial transactions such as deposits, withdrawals, and transfers. They handle cash, checks, and other financial instruments, provide account information, and promote bank products and services. Additionally, they balance cash drawers, maintain accurate transaction records, and adhere to security procedures.
This income data is sourced from the May 2023 Occupational Employment and Wage Statistics (OEWS) survey. The dataset is updated annually.
Annual Pay Distribution | Salary |
|---|---|
10th percentile | $37,270.00 |
25th percentile | $38,780.00 |
median (50th percentile) | $42,500.00 |
75th percentile | $46,950.00 |
90th percentile | $56,570.00 |
Hourly Pay Distribution | Hourly Rate |
|---|---|
10th percentile | $17.92 |
25th percentile | $18.64 |
median (50th percentile) | $20.43 |
75th percentile | $22.57 |
90th percentile | $27.20 |
Tellers typically need a high school diploma or equivalent to secure a job in the field. While some employers may require postsecondary education, such as an associate's degree in business or finance, it is not always mandatory. On-the-job training is common for tellers, where they learn how to process transactions, handle cash, interact with customers, and adhere to security procedures. Training usually includes shadowing experienced tellers, learning about banking regulations, software systems, and customer service techniques. Additionally, tellers may receive training on fraud detection, confidentiality protocols, and ways to promote bank services to customers effectively.