Registered Nurse RN

Registered Nurse, Free Care Plans, Free NCLEX Review, Nurse Salary, and much more. Join the nursing revolution.

  • RN
    • Nursing Clinical Skills
  • Nursing Videos
  • Blog
  • Nursing School
  • Nursing Care Plans
  • Nursing Quizzes
  • Nursing
  • Nursing Jobs
  • NCLEX Review
  • Store

Bank Teller Salary Income, Job Duties, and Education Requirements

Tellers work in various financial institutions, and they are responsible for accurately processing routine transactions, providing customer service, and more. Some of the common duties include cashing checks, depositing money, and collecting loan payments. 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.

This is an “entry-level” position in the financial or banking industry, and you can become a teller with little experience or education. Tellers often go on to work as head tellers, loan officers, or bank managers.

In this article, you’ll learn the salary statistics for a bank teller for all 50 states, the job duties, the likes and dislikes of this profession, and more.

Bank Teller Job Duties

Tellers are responsible for accurately processing routine transactions at a bank. The common duties of a bank teller are listed below.

  • Cash checks, deposit funds, or collect loan payments from customers
  • Provide customer service, including answering account inquiries or balance information
  • Prepare specialized financial products or services, such as traveler’s checks, savings bonds, cashier’s checks, and money orders
  • Exchange dollars for foreign currency
  • Count the cash in their drawer at the start of their shift or end
  • Order bank cards and checks for customers
  • Record all transactions electronically throughout their shift

Teller Education Requirements

Tellers usually need a high school diploma or G.E.D. equivalent. Some tellers may take some college courses, but a degree is rarely required for a job applicant to be hired. Some certificate courses are also available but rarely required.

In most cases, banks and other financial institution will hire a teller and provide on-the-job training. New tellers often work under a head teller or other experienced tellers until they are ready to work without supervision.

Do Tellers Like Their Job?

As with any job, tellers do have their job likes and dislikes:

Pros of Working as a Teller:

  • Many tellers like the working conditions and hours, and they often enjoy weekends and holidays off.
  • Working as a teller provides excellent experience and room for advancement to other banking positions (head teller, loan officer, bank manager).
  • Many tellers enjoy working with customers, and this is a job where people skills can come in handy.

Cons of Working as a Teller:

  • You may have to deal with rude customers, especially when their accounts become unbalanced.
  • Many tellers feel that they are underpaid.
  • Tellers become stressed when their cash drawer comes up short.
  • There is a real risk of bank robberies. A man by the name of Willie Sutton was an infamous bank robber. He spent his entire career robbing banks but was eventually caught. He was once asked why he robbed banks. He replied, “because that’s where the money is.”

Bank Teller Job Outlook

According to the Bureau of Labor Statistics, tellers held about 520,500 jobs in 2014. About 91 percent worked in the depository credit intermediation industry, which includes commercial bank branches.

Employment of tellers is projected to decline 8 percent from 2014 to 2024. This is mostly due to the emergence of the online banking systems, mergers, and technological changes.

Bank Teller Salary Income

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. Listed below are additional teller salary statistics for all 50 states.

Employment estimate and mean wage estimates for this occupation:

Employment Employment RSE Mean hourly wage Mean annual wage Wage RSE
520,500 0.6 % $12.81 $26,650 0.2 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50% (Median) 75% 90%
Hourly Wage $9.65 $10.64 $12.38 $14.47 $17.28
Annual Wage $20,070 $22,140 $25,760 $30,090 $35,950

Industries with the highest levels of employment in this occupation:

Industry Employment Percent of industry employment Hourly mean wage Annual mean wage
Depository Credit Intermediation 467,900 27.77 $12.84 $26,720
Activities Related to Credit Intermediation 24,360 8.47 $12.24 $25,450
Non-depository Credit Intermediation 11,640 1.99 $12.30 $25,590
Management of Companies and Enterprises 4,520 0.20 $13.21 $27,480
Securities and Commodity Contracts Intermediation and Brokerage 1,640 0.37 $12.88 $26,790

Top paying industries for this occupation:

Industry Employment Percent of industry employment Hourly mean wage Annual mean wage
State Government (OES Designation) 120 0.01 $20.42 $42,470
Offices of Physicians 50 n/a $16.64 $34,600
Monetary Authorities-Central Bank 270 1.57 $16.51 $34,350
Insurance Carriers 210 0.02 $14.88 $30,940
General Medical and Surgical Hospitals 100 n/a $14.46 $30,070

Top paying states for bank tellers:

State Employment Employment per thousand jobs Location quotient Hourly mean wage Annual mean wage
Alaska 1,280 3.92 1.03 $14.77 $30,720
District of Columbia 810 1.20 0.32 $14.62 $30,410
Connecticut 5,600 3.40 0.89 $14.59 $30,340
Massachusetts 10,950 3.30 0.87 $14.34 $29,820
Washington 10,380 3.58 0.94 $14.07 $29,270

States with the lowest salaries for tellers:

Area name Hourly mean wage Annual mean wage
West Virginia 10.62 22,080
Missouri 11.16 23,220
Oklahoma 11.47 23,850
Utah 11.47 23,870
Arkansas 11.55 24,020

Bank Teller Average Salary by State:

State Hourly mean wage Annual mean wage(2)
Alabama 12.37 25,720
Alaska 14.77 30,720
Arizona 12.96 26,950
Arkansas 11.55 24,020
California 13.75 28,600
Colorado 13.17 27,380
Connecticut 14.59 30,340
Delaware 13.16 27,370
District of Columbia 14.62 30,410
Florida 13.84 28,780
Georgia 13.31 27,690
Guam 11.40 23,710
Hawaii 12.70 26,420
Idaho 11.83 24,610
Illinois 12.54 26,090
Indiana 11.78 24,500
Iowa 12.26 25,490
Kansas 11.55 24,030
Kentucky 11.89 24,740
Louisiana 11.61 24,160
Maine 12.27 25,520
Maryland 13.83 28,770
Massachusetts 14.34 29,820
Michigan 12.36 25,700
Minnesota 12.36 25,710
Mississippi 11.80 24,540
Missouri 11.16 23,220
Montana 12.03 25,020
Nebraska 11.65 24,240
Nevada 13.80 28,700
New Hampshire 13.14 27,320
New Jersey 13.70 28,490
New Mexico 11.66 24,240
New York 13.71 28,510
North Carolina 13.47 28,010
North Dakota 12.95 26,940
Ohio 11.87 24,690
Oklahoma 11.47 23,850
Oregon 12.88 26,790
Pennsylvania 12.38 25,750
Puerto Rico 8.95 18,620
Rhode Island 13.35 27,770
South Carolina 12.93 26,880
South Dakota 11.90 24,750
Tennessee 12.17 25,310
Texas 12.09 25,140
Utah 11.47 23,870
Vermont 13.25 27,560
Virginia 13.90 28,920
Washington 14.07 29,270
West Virginia 10.62 22,080
Wisconsin 12.16 25,280
Wyoming 11.97 24,890

Other References:

Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2014-15 Edition, Tellers, on the Internet at bls.gov.

Please Share:

  • Click to print (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • More
  • Click to share on Reddit (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Pocket (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on Skype (Opens in new window)
Nursing Gear

RSS Latest YouTube Videos

  • When You Try to Keep an Eye on All Your Patients as a Nurse #shorts
  • Weight-Based Dosage Calculation #shorts for Nursing School & NCLEX
  • Alzheimer's Disease (Dementia) Nursing: Symptoms, Treatment, Stages, Pathophysiology NCLEX
  • PPE Donning Order Sequence Nursing Tutorial #shorts

Recent Posts

  • Depolarization vs Repolarization of Heart Action Potential Explained
  • Alzheimer’s Disease (Dementia) NCLEX Nursing Review
  • Alzheimer’s Disease Dementia NCLEX Quiz
  • The Great Saphenous Vein
  • NCLEX Study Plan

Disclosure and Privacy Policy

This website provides entertainment value only, not medical advice or nursing protocols. We strive for 100% accuracy, but nursing procedures and state laws are constantly changing. By accessing any content on this site or its related media channels, you agree never to hold us liable for damages, harm, loss, or misinformation. See our full disclosure and privacy policy. Copyright Notice: Do not copy this site, articles, images, or its contents without permission.

Important Links

  • Advertise
  • Contact Us

Follow Us on Social Media

  • Facebook Nursing
  • Instagram Nursing
  • TikTok Nurse
  • Twitter Nursing
  • YouTube Nursing

Get Free Email Updates:

Enter your email address below and hit "Submit" to receive free email updates and nursing tips.

Copyright © 2022 RegisteredNurseRN.com. All Rights Reserved.