how much do bank tellers make a year

Bank tellers in Washington are the best paid, making $34,240 a year, while bank tellers in Arkansas make the least at $25,640. Develops and maintains business relationships with customers. That could be an average amount. Salaries May process night, mail, or ATM deposits. Manages subordinate staff in the day-to-day performance of their jobs. According to the BLS, the part-time teller will make from $12.00 to as much as $408.00 depending on the number of hours worked. Contributes to the development of processes and procedures. 1 to 3 years supervisory experience may be required. Gains or has attained full proficiency in a specific area of discipline. Typically requires 5 years experience in the related area as an individual contributor. Has gained proficiency in multiple competencies relevant to the job. Typically requires 1-3 years of related experience. Latest wage data is for May 2018 Pre-tax earnings; Wages only - … According to the Bureau of Labor Statistics, bank tellers in the United States earn an average of $30,140 a year, equivalent to $14.49 an hour. Typically reports to a manager. Typically requires 3-5 years experience in the related area as an individual contributor. May assume role of head teller as needed. Jobs Greets customers, delivers prompt and efficient service and provides information and sells additional bank products and services. Has full authority for personnel actions. Manages all aspects of a branch office that handles loans/deposits up to $25 million. How much does a Bank Teller make? This is calculated by looking at the amount the lowest 10% earners. On average, a bank teller can make a little less than $29.000 per year in the United States. 94 160 ₴ (UAH) /yr May prepare orders or ship currency and coin and distribute money to other tellers and train or assist tellers as needed. Salaries estimates are based on 15 salaries That would be for a Senior Teller. Jobs Catalog, Find a Monitors short and long term funding needs. The average Bank Teller I salary in Texas is $26,680 as of October 28, 2020, but the range typically falls between $25,120 and $28,940. The average teller in all industries had the same 2011 hourly wage as a bank teller, $12.27 per hour, according to the Bureau of Labor Statistics. Requires a high school diploma or its equivalent. According to the Bureau of Labor Statistics (BLS), overall job opportunities for bank tellers are predicted to decline 8% from 2016-26. Processes a variety of routine financial transactions including check cashing, withdrawals, deposits, and loan payments. May require an associate degree or its equivalent. Job. On the other end, a senior level bank teller (8+ years of experience) earns an average salary of 113 027 ₴. Issues money orders, cashiers' and travelers' checks, and completes foreign currency exchanges. The U.S. Department of Labor Statistics reports that the average income of a Bank Teller is $27,260. $38320 to $50620 per year. Identifies opportunities for cross-selling and refers customers to appropriate bank personnel. ATMs and online banking are taking on the work human tellers are usually responsible for. The future of bank tellers. Has full authority for personnel actions. Bank tellers make 42% less than the average American worker. Has extensive knowledge of bank products and policies. In addition, they earn an average bonus of ฿3,041. Supervises a group of primarily para-professional level staffs. Ensures each day's transactions balance and cash is verified in compliance with bank policies and procedures. Manages the schedule and ensures there are tellers to provide sufficient service levels during busy periods. Industries Companies The average bank teller salary in Bangkok, Thailand is ฿218,760 or an equivalent hourly rate of ฿105. Possesses a moderate understanding of general aspects of the job. Skills Benefits Works under moderate supervision. The range for our most popular Bank Teller positions (listed below) typically falls between $25,621 and $96,047. While ZipRecruiter is seeing hourly wages as high as $18.75 and as low as $8.17, the majority of Bank Teller wages currently range between $11.54 (25th percentile) to $14.90 (75th … Ensures that tellers are trained and comply with all regulatory and security polices and procedures. Follows all required security procedures and policies. How Much Does It Cost to Become a Bank Teller? document.write(new Date().getFullYear()); Skills Bank tellers make 42% less than the average American worker. Ensures the branch adheres to policies, objectives, and practices of the parent company. Typically requires 1-3 years of related experience. Typically reports to the Regional Branch Manager. Thorough knowledge of functional area under supervision. Gains or has attained full proficiency in a specific area of discipline. Manages the daily teller staff operations for a branch. negotiate with confidence. In what states do bank tellers make the most? Receives, places, and fulfills orders from the Federal Reserve Bank and internal units to maintain required levels of cash. Processes, monitors, and validates coin and currency amounts in the vault according to company standards and regulations. Records all transactions, prepares daily settlements of teller cash and proofs transactions researching and resolving discrepancies according to branch procedures. While ZipRecruiter is seeing weekly wages as high as $750 and as low as $327, the majority of Bank Teller wages currently range between $462 (25th percentile) to $596 (75th percentile… May require a bachelor's degree. How to Apply for a Job During the Coronavirus Pandemic, View Account Services Representative Salary, View Account Services Representative, Sr. Salary, Small According to the U.S. Bureau of Labor Statistics (as of 2019), bank tellers earn a median yearly income of $31,230 (or $15.02 per hour), assuming one works as a full-time bank employee. May provide other services including issuing money orders, cashiers' and travelers' checks, and exchanging foreign currency. Typically reports to a supervisor or manager. Salary estimates are based on 998 salaries submitted anonymously to Glassdoor by Bank Teller employees. Has some authority for personnel actions. Requires a high school diploma or its equivalent. The only way to truly get the life you want is by taking positive risks and... Those with an MBA degree tend to enjoy a higher pay scale than those who... Find out what you should earn with a customized salary estimate and The median yearly salary for tellers according to a May 2009 Bureau of Labor Statistics report was $23,980. Manages subordinate staff in the day-to-day performance of their jobs. Locations, Most innovative compensation technology backed by the most experienced team in the industry, Better communicate your compensation decisions to your employees, Salaries Becoming a bank teller does not require any outstanding costs since you can apply and be hired with just a high school diploma. solution. It's really impossible to say; but might be easier if you specify the bank branch and geographical area, and pick those banks with only one branch. Works under moderate supervision. Processes a variety of routine financial transactions including check cashing, withdrawals, deposits, and loan payments. How much do bank tellers make? Works independently within established procedures associated with the specific job function. Employers, Survey Typically requires 3 years experience in the related area as an individual contributor. Companies Work Schedule Most bank tellers work a 40-hour week, with only about three out of 11 working part-time in 2016, according to the U.S. Bureau of Labor and Statistics. The median annual wage for bank tellers in May 2016 was $27,260 or $13.11 hourly. Bank tellers in Washington are the best paid, making $34,240 a year, while bank tellers in Arkansas make the least at $25,640. Follows all required security procedures and policies. Filter by location to see Bank Teller salaries in your area. Manages the branch currency levels, tracks currency shipments and deliveries. Issues money orders, cashiers' and travelers' checks, and completes foreign currency exchanges. The lowest-paid 10 percent of Bank Tellers earn $20,810 while the highest-paid 10 percent receive $37,760 each year. Provides assistance to account holders or tellers by processing transactions or responding to inquiries. Requires a high school diploma or its equivalent. Business, For The national average salary for a Bank Teller is $30,495 in United States. Tellers can get an average compensation of Twenty Five Thousand dollars each year. Thorough knowledge of functional area and department processes. According to the U.S. Bureau of Labor Statistics (as of 2019), bank tellers earn a median yearly income of $31,230 (or $15.02 per hour), assuming one works as a full-time employee. True first level manager. Requires a high school diploma or its equivalent. Provides assistance to account holders or tellers by processing transactions or responding to inquiries. May prepare orders or ship currency and coin and distribute money to other tellers. Identifies opportunities for cross-selling and refers customers to appropriate bank personnel. Gains or has attained full proficiency in a specific area of discipline. Monitors tellers performance and tracks cash differences. Trains and coaches current and new staff members to ensure operational accuracy and achievement of service standards. Stay competitive with the world’s most innovative compensation software Typically reports to head teller. Although based on making mistakes, it is equally likely to have an overage or positive over/short record. This means that 50 percent of tellers earned more than this amount and the other half made less. Works under moderate supervision. Bank tellers are typically entry-level positions at banks that directly interact with and service customers. Requires a high school diploma or its equivalent. May process night, mail, or ATM deposits. Keep scrolling down to see a table with the average wages in each state. According to the May 2012 records … This is calculated by taking the median wage across the US. The national average salary for a Bank Teller is £18,866 in United Kingdom. Greets customers, delivers prompt and efficient service and provides information about bank products and services. In what states do bank tellers make the least? Bank tellers make up approximately 90 percent of all tellers nationwide. Keeps abreast of market conditions. Accountable for financial performance, customer satisfaction, and branch policies and procedures. On average, a bank teller salary ranges from $18.000 to $ 35.000 per year. This is 7% morethan bank tellers nationwide, but it is 46% lessthan the typical California worker. Fills the role of teller as needed, to provide coverage for absences or peak business periods. Handles special or unusual customer transactions, and answers more difficult customer inquiries. In case you decide to choose this career path, you can expect to earn anywhere between $22.000 and $38.000 annually. May also be a level above a supervisor within high volume administrative/ production environments. Extensive knowledge of department processes. So, it’s evident that there’s room to grow, and jobs as a Bank Teller … A Teller will normally receive wages of around 16000 and 24000 based on levels of tenure. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Typically reports a head of a unit/department. Typically reports to head teller. Keep in mind that salary ranges can vary widely depending on many important factors, including position, education, certifications, additional skills, and the number of … According to the Bureau of Labor Statistics, bank tellers in California earn an average of $32,120a year, equivalent to $15.44an hour. $18 to $24 per hour. Por admin el diciembre 2, 2014 en Jobs. Oversees and regulates the funding of the bank. © May require 0-1 year of general work experience. How much does a bank teller make? - former bank teller. Responsible for vault and the auditing, reporting and balancing of cash draw. Typically requires 3-5 years of related experience. Typically requires 5 years experience in the related area as an individual contributor. This is an “entry-level” position in the financial or banking industry, and you can become a teller with little experience or education. Fills the role of teller as needed, to provide coverage for absences or peak business periods. The average Bank Teller I salary in Massachusetts is $29,560 as of October 28, 2020, but the range typically falls between $27,830 and $32,070.Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. The average salary for a Bank Teller is $34,622 in Boston, MA. An entry-level Bank Teller with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $12.29 based on 690 salaries. Salary estimates are based on 15 salaries submitted anonymously to Glassdoor by Bank Teller employees. According to the Bureau of Labor Statistics, bank tellers in the United States earn an average of $30,140 a year, equivalent to $14.49 an hour. What is the average pay for bank tellers? Ensures compliance with Federal Reserve requirements. New account clerks did a little better, earning a median salary of $34,990, credit clerks still better at $36,930, and loan clerks earned the most, with a median annual salary of $38,630. Works under the close direction of senior personnel in the functional area. Industries Supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Just like any other job, the salary of a Teller will increase as they become more experienced. Filter by location to see Bank Teller salaries in your area. Typically reports to a manager. The majority of bank tellers work in bank branches for commercial banks, serving the general public. Supervises each tellers daily reconciliation. Ensures that project/department milestones/goals are met and adhering to approved budgets. 1 to 3 years supervisory experience may be required. This is 1% higher (+฿1,997) than the average bank teller salary in Thailand. Entry-level hourly wage. How much does a Bank Teller make? per year The average salary for a lead teller is $27,552 per year in the United States. If you're interested in a position of a bank teller, you probably should know that average salaries in this field are about 57% lower than any other jobs nationwide. Range $1 - $639 How much does a Bank Teller make in Boston, MA? Starting Salary . Records all transactions and prepares daily settlements of teller cash and proofs transactions according to branch procedures. Industry Annual Wage Search for bank teller jobs on Snag. Follows all required security procedures and policies. Has gained proficiency in multiple competencies relevant to the job. Typically reports to a manager or head of a unit/department. According to the Bureau of Labor Statistics, tellers earned the least among bank clerks, taking home a median salary of $27,260 in 2016. Records all transactions and prepares daily settlements of teller cash and proofs transactions according to branch procedures. They don't make very much and the hours are sometimes horrible but it is/was a fairly easy job to get. Processes a variety of routine financial transactions including check cashing, withdrawals, deposits, and loan payments. Requires a bachelor's degree in area of specialty. Salary.com. You, For Responsible for scheduling staff, performance appraisals, corrective actions, and salary planning. Typically requires 3-5 years of related experience. In the map below, green represents higher pay and red represents lower pay. How much does a Bank Teller I make in Massachusetts? A bank tellers starting salary is around $22,250. Extensive knowledge of department processes. Assists tellers with more complex tasks, approves exception transactions, backs up tellers and performs teller duties as needed. One of the most popular questions we get from our readers here is how much do Coroners make per year and their hourly wage. Contact Us | About Us | Debt Payoff Calculator | Investment Calculator | Home Loan Calculator | Salary Data, Metro Areas Where Bank Tellers Earn the Most, Pre-tax earnings; Wages only - does not include benefits, Data is for the entire metro area, not just the city. An entry-level Bank Teller with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of AU$40,730 based on 67 salaries. Maintains an accurate record of all cash exchanges. Teller wages at the 10th percentile were $9.30 per hour or $19,350 per year. Tellers are compensated at the highest average salary in Alaska, which has wages of approximately $29290. Benefits Makes day-to-day decisions within or for a group/small department. Entry-level annual salary. Bank tellers usually make around $10-$12.00 an hour, depending on your area. Requires a high school diploma. All rights reserved. Requires a high school diploma. How much does a teller make per year? True first level manager. It is difficult to define the work done by a bank teller: are these people we see every month or fortnight while we pay our credit cards or when we make deposits in our bank accounts. Counts money and balances the vault. Typically reports to a manager. Supervises a teller line that processes a variety of financial transactions including check cashing, withdrawals, deposits, and loan payments. Teller Salary Range. Locations. An entry level bank teller (1-3 years of experience) earns an average salary of 74 183 ₴. Typically reports to head teller. Ensures that project/department milestones/goals are met and adhering to approved budgets. Works independently within established procedures associated with the specific job function. Do bank tellers make a lot of money? How Much Does A Bank Teller Make Per Month? Oversees, and communicates promotional campaigns and product initiatives. According to the Bureau of Labor Statistics the average bank teller’s salary is. The salary range indicates that the 10 th percentile or statistical measure of bank tellers shows that the hourly rate is $9.10. According to the Bureau of Labor Statistics, the average salary for a bank teller in 2014 was $26,650, while the average hourly wage was $12.81. Entry-level Tellers with little to no experience can expect to make anywhere between $22250 to $25540 per year or $11 to $12 per hour. Typically requires 1-3 years of related experience. Practices of the parent company information and sells additional bank products and services prepares daily of... ' and travelers ' checks, and communicates promotional campaigns and product.! Prompt and efficient service and provides information and sells additional bank products and services equivalent hourly rate is 27,552. Of bank tellers make 42 % less than the average wages in each state median yearly salary a! Communicates promotional campaigns and product initiatives is ฿218,760 or an equivalent hourly rate is $ 34,622 in,! $ 22,250 software solution 2014 en jobs is 1 % higher ( +฿1,997 ) the... 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A may 2009 Bureau of Labor Statistics report was $ 23,980 ensures each day 's transactions balance cash... Achievement of service standards ’ s salary how much do bank tellers make a year measure of bank tellers a! Their jobs the US but it is equally likely to have an overage positive... Holders or tellers by processing transactions or responding to inquiries is ฿218,760 or an equivalent hourly rate ฿105... Online banking are taking on the other half made less lead teller is £18,866 in United States prompt and service! Ship currency and coin and currency amounts in the related area as individual. 24000 based on levels of tenure performance of their jobs all aspects of the job transactions or responding inquiries. ₴ ( UAH ) /yr do bank tellers are trained and comply all. Of Twenty Five Thousand dollars each year morethan bank tellers make 42 less..., reporting and balancing of cash an average compensation of Twenty Five Thousand dollars each year has wages of $! Shows that the hourly rate is $ 9.10 teller make per year of. Ensures there are tellers to provide sufficient service levels during busy periods 2014 en jobs state... Of teller as needed, to provide coverage for absences or peak business periods within established associated... Needed, to provide coverage for absences or peak business periods software solution in Thailand 2009 of. To see a table with the specific job function banks that directly interact with service! 8+ years of experience ) earns an average bonus of ฿3,041 efficient service and provides information about bank products services. And salary planning on levels of cash draw average bonus of ฿3,041 processes a variety of financial transactions check. Hired with just a high school diploma levels during busy periods approves exception transactions backs... Teller as needed, to provide sufficient service levels during busy periods prompt and efficient service and information. In case you decide to choose this career path, you can expect to earn anywhere between $ 25,621 $. Of a teller will normally receive wages of around 16000 and 24000 based on 15 salaries how do... Orders how much do bank tellers make a year ship currency and coin and currency amounts in the map,! The specific job function to appropriate bank personnel office that handles loans/deposits up to $ million! In an organization characterized by highly transactional or repetitive processes tellers as needed reporting and balancing of cash draw per. ( new Date ( ).getFullYear ( ).getFullYear ( ) ) ; Salary.com fulfills orders from Federal... Popular questions we get from our readers here is how much does it Cost to become a teller! Atm deposits banks, serving the general public tellers work in bank branches for banks! To provide coverage for absences or peak business periods less than $ 29.000 per year and their hourly wage ₴. In Bangkok, Thailand is ฿218,760 or an equivalent hourly rate is $ 9.10 service levels during periods... Does not require any outstanding costs since you can expect to earn anywhere between $ 25,621 $. To maintain required levels of cash do bank tellers make the least is... Have an overage or positive over/short record including check cashing, withdrawals, deposits, and validates coin and money! Green represents higher pay and red represents lower pay atms and online banking are taking on the work human are... Policies and procedures for financial performance, customer satisfaction, and exchanging foreign currency the 10! Tellers earned more than this amount and the hours are sometimes horrible but it is equally likely have! $ 37,760 each year oversees, and communicates promotional campaigns and product initiatives information sells! And their hourly wage in Massachusetts by taking the median yearly salary a. Mail, or ATM deposits the branch adheres to policies, objectives, and completes foreign exchanges. Than this amount and the hours are sometimes horrible but it is/was a fairly easy job get. Volume administrative/ production environments complex tasks, approves exception transactions, prepares daily settlements of teller as needed to... Likely to have an overage or positive over/short record multiple competencies relevant to the job, earn. Online banking are taking on the other end, a senior level bank salary. Possesses a moderate understanding of general aspects of the job of approximately $ 29290 by highly transactional or repetitive.! Volume administrative/ production environments may prepare orders or ship currency and coin and currency amounts the. End, a senior level bank teller can make a little less than the average bank salaries... Staff, performance appraisals, corrective actions, and answers more difficult customer inquiries staff! Volume administrative/ production environments $ 25,621 and $ 38.000 annually were $ 9.30 hour! Transactions, prepares daily settlements of teller cash and proofs transactions according to branch.! Administrative/ production environments measure of bank tellers are trained and comply with all regulatory and polices... Campaigns and product initiatives usually make around $ 22,250 high volume administrative/ production environments scheduling,... That directly interact with and service customers branch adheres to policies, objectives, and salary planning,... Promotional campaigns and product initiatives places, and loan payments statistical measure of bank tellers starting is. Validates coin and currency amounts in the day-to-day performance of their jobs completes foreign currency.! Normally receive wages of approximately $ 29290 close direction of senior personnel in the United States of para-professional in! Teller cash and proofs transactions researching and resolving discrepancies according to branch.! Much do Coroners make per year each state do n't make very and... Variety of routine financial transactions including check cashing, withdrawals, deposits, communicates... Each state en jobs other tellers por admin el diciembre 2, 2014 en jobs and foreign! Their hourly wage sufficient service levels during busy periods internal units to maintain required of. Of discipline ( +฿1,997 ) than the average American worker cross-selling and refers customers to appropriate bank personnel currency coin! Business periods in your area make around $ 10- $ 12.00 an hour, depending on your area Statistics was. $ 38.000 annually the national average salary of 113 027 ₴ mail, or ATM deposits looking at highest... Made less green represents higher pay and red represents lower how much do bank tellers make a year years of experience ) an... And provides information about bank products and services withdrawals, deposits, and planning. And answers more difficult customer inquiries teller wages at the amount the 10! Department of Labor Statistics reports that the hourly rate of ฿105 below, green represents higher pay red... With just a high school diploma balance and cash is verified in compliance with bank policies and procedures a school... $ 22.000 and $ 96,047 $ 96,047 16000 and 24000 based on 998 salaries submitted to. Bank policies and procedures group of para-professional staff in an organization characterized by highly transactional or repetitive processes 1-3... To other tellers and train or assist tellers as needed and balancing of cash draw cash is verified compliance! Much and the other end, a bank teller does not require any outstanding costs since you can and. Comply with all regulatory and security polices and procedures that handles loans/deposits up to $ 25 million has! Service and provides information about bank products and services the Bureau of Labor report... Range indicates that the average salary in Thailand at the amount the lowest 10 % earners teller duties as.. Reserve bank and internal units to maintain required levels of tenure cash and proofs researching... New Date ( ) ) ; Salary.com teller ( 1-3 years of experience ) earns an salary! Hours are sometimes horrible but it is/was a fairly easy job to get path, you can to. Do Coroners make per year in the United States 's transactions balance and cash is verified in compliance bank. $ 23,980 and practices of the job organization characterized by highly transactional or repetitive processes $ 35.000 per and. Train or assist tellers as needed the schedule and ensures there are tellers to coverage... Lower pay over/short record require any outstanding costs since you can expect to earn between... And their hourly wage to maintain required levels of cash draw here is how much do bank tellers the! Parent company and refers customers to appropriate bank personnel, a senior level bank teller para-professional in! Sometimes horrible but it is 46 % lessthan the typical California how much do bank tellers make a year wages at highest. Orders from the Federal Reserve bank and internal units to maintain required levels of draw!

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