How much does a Teller make?
A teller works in a bank and helps customers by processing transactions. They handle cash, checks, and electronic payments. Tellers also assist with account openings and provide customer service. The average yearly salary for a teller is around $38,288. This means that most tellers earn between $28,250 and $52,430 each year.
The salary can vary based on experience and location. Some tellers may earn more if they work in a big city or have extra skills. Here are some common salaries for tellers:
- 10% earn $28,250 or less
- 25% earn between $30,448 and $34,845
- 50% earn between $34,845 and $43,637
- 75% earn between $39,241 and $48,034
- 90% earn $50,232 or less
What are the highest paying cities for a Teller?
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San Jose, CA
Average Salary: $48,607
In San Jose, banking professionals enjoy a dynamic work environment. With tech giants like PayPal and eBay nearby, the demand for skilled tellers is high. The city's vibrant culture offers a great place to build a career.
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Stamford, CT
Average Salary: $47,493
Stamford provides a stable banking sector with opportunities at major institutions like UBS and Citigroup. The city's professional atmosphere makes it ideal for those looking to advance in their careers.
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Salinas, CA
Average Salary: $46,687
Salinas offers a community-focused banking experience. Working here means interacting with local businesses and residents. The city's laid-back vibe creates a welcoming work environment.
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Washington, DC
Average Salary: $46,624
In Washington, DC, banking professionals work in a hub of political and financial activity. Institutions like Capital One and Wells Fargo offer a chance to be part of a bustling financial center.
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San Francisco, CA
Average Salary: $46,425
San Francisco's banking scene is vibrant and fast-paced. With tech companies like Robinhood and Coinbase, the city offers unique opportunities. The diverse culture enhances the work experience.
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Seattle, WA
Average Salary: $45,276
Seattle provides a progressive banking environment. Companies like Wells Fargo and U.S. Bank thrive here. The city's tech-savvy culture makes it an exciting place to work.
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Stockton, CA
Average Salary: $44,167
Stockton offers a supportive banking community. Local banks provide a chance to build strong relationships. The city's friendly atmosphere makes it a great place to work.
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Riverside, CA
Average Salary: $43,213
Riverside combines a relaxed lifestyle with a growing banking sector. Institutions like Chase and Bank of America offer stability. The city's friendly environment is ideal for career growth.
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Los Angeles, CA
Average Salary: $42,943
Los Angeles offers a diverse banking landscape with opportunities at major banks like Bank of America and Wells Fargo. The city's dynamic culture provides a unique work experience.
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Hartford, CT
Average Salary: $42,765
Hartford provides a professional banking environment with institutions like People's United Bank. The city's rich history and community focus make it a great place to work.
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What are the best companies a Teller can work for?
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CHARTER OAK FEDERAL CREDIT UNION
Average Salary: $63,882
Charter Oak Federal Credit Union offers competitive salaries for Teller positions. They provide a positive work environment and are located in Connecticut. Their Tellers handle various banking transactions and customer service.
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Sound Community Bank
Average Salary: $53,444
Sound Community Bank pays its Tellers well, with an average salary of $53,444. They focus on community banking and are located in Washington. Tellers here assist with deposits, withdrawals, and other banking services.
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Patelco Credit Union
Average Salary: $52,665
Patelco Credit Union offers a good salary for Tellers, averaging $52,665. They serve members in Northern California. Their Tellers manage transactions and provide excellent customer service.
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SchoolsFirst Federal Credit Union
Average Salary: $52,234
SchoolsFirst Federal Credit Union provides a salary of around $52,234 for Tellers. They operate in California, focusing on the education sector. Tellers here handle various banking needs for their members.
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Woori America Bank
Average Salary: $49,833
Woori America Bank offers an average salary of $49,833 for Tellers. They are based in New York and serve a diverse clientele. Tellers assist with transactions and customer support.
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Self-Help
Average Salary: $49,709
Self-Help offers a salary of $49,709 for Tellers. They are located in North Carolina and focus on financial services for underserved communities. Tellers here handle a variety of banking tasks.
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TD Bank
Average Salary: $49,537
TD Bank provides an average salary of $49,537 for Tellers. They have branches across the United States. Tellers assist with deposits, withdrawals, and other banking services.
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Comerica
Average Salary: $48,293
Comerica offers a salary of $48,293 for Tellers. They operate in several states, including Michigan and Texas. Tellers here manage transactions and provide customer support.
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Wings Financial Credit Union
Average Salary: $48,182
Wings Financial Credit Union pays Tellers an average of $48,182. They serve members in California. Their Tellers handle various banking services and customer interactions.
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Rivermark Community Credit Union
Average Salary: $47,753
Rivermark Community Credit Union offers a salary of $47,753 for Tellers. They are located in Oregon. Tellers here assist with transactions and provide customer service.
How to earn more as a Teller?
A Teller can increase their earnings by focusing on several key areas. Building strong relationships with customers can lead to higher tips and referrals. Tellers who take the time to understand their customers' needs and provide excellent service often see a boost in their income. Additionally, Tellers who are knowledgeable about the bank's products and services can help customers make informed decisions, which can lead to increased sales and commissions.
Another way to earn more is by seeking opportunities for advancement within the bank. Tellers who demonstrate leadership skills and a strong work ethic may be promoted to positions such as Senior Teller or Manager. These roles often come with higher salaries and more responsibilities. Tellers can also increase their earnings by taking on additional tasks, such as processing loans or handling special accounts. By showing initiative and a willingness to learn, Tellers can position themselves for higher-paying opportunities.
Tellers can also earn more by improving their skills and qualifications. Obtaining certifications in areas such as financial services or customer service can make a Teller more valuable to the bank. Tellers who take courses in areas such as accounting or business can also increase their earning potential. By continuously improving their skills and knowledge, Tellers can position themselves for higher-paying roles and more opportunities for advancement.
