How much does a Teller make?
Tellers work in banks and help customers with their accounts. They take deposits, make withdrawals, and answer questions about banking services. Many people look for jobs as tellers because it is a good entry-level position. According to recent salary data, tellers earn an average yearly salary of $39,788. This means that over a year, a teller can expect to make a steady income.
Here are the salary ranges that tellers can expect to earn:
- Bottom 10% earn $29,000 or less
- Bottom 25% earn $35,409 or less
- Middle 50% earn between $37,545 and $46,091
- Top 25% earn $48,227 or more
- Top 10% earn $50,364 or more
This data shows that with experience and skill, tellers can earn more money. Some tellers may even move up to management or other roles within the bank, leading to even higher salaries.
What are the highest paying cities for a Teller?
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San Jose, CA
Average Salary: $48,501
In San Jose, working as a teller means you’ll be part of a thriving tech hub. Opportunities abound in banks and credit unions, with Silicon Valley giants providing a dynamic backdrop. Enjoy a vibrant community and excellent public transportation.
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Salinas, CA
Average Salary: $48,310
Tellers in Salinas benefit from a close-knit community feel. Local banks offer a welcoming environment. With major employers like Taylor Farms nearby, this city provides a supportive atmosphere for career growth.
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Stamford, CT
Average Salary: $48,233
Teller positions in Stamford offer stability with large financial institutions. The city's business-friendly environment supports career advancement. Enjoy a blend of urban amenities and suburban charm.
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Washington, DC
Average Salary: $47,634
Working as a teller in Washington, DC, offers access to numerous federal banks and credit unions. The city’s political atmosphere brings a unique professional experience. Public transport and amenities cater to a fast-paced lifestyle.
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San Francisco, CA
Average Salary: $47,458
In San Francisco, tellers enjoy the excitement of a bustling financial district. Major banks and tech companies create a dynamic work environment. The city’s diverse culture adds to the vibrant professional scene.
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Stockton, CA
Average Salary: $47,039
Stockton provides a supportive community for tellers, with local banks offering a friendly work environment. The city’s agricultural roots offer a unique backdrop for banking careers. Opportunities for growth are plentiful in this growing area.
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Seattle, WA
Average Salary: $46,330
Seattle’s tellers benefit from a tech-driven financial sector. Major financial institutions and startups offer diverse opportunities. The city’s natural beauty and vibrant culture enhance the overall experience.
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Riverside, CA
Average Salary: $45,032
In Riverside, tellers work in a growing city with a strong community focus. Local banks and credit unions provide a supportive work environment. Enjoy a mix of urban conveniences and suburban peace.
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Hartford, CT
Average Salary: $44,644
Tellers in Hartford find opportunities with major insurance companies and banks. The city’s insurance hub offers a unique professional setting. Hartford’s historic charm adds to the appealing work atmosphere.
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Los Angeles, CA
Average Salary: $44,627
Los Angeles offers tellers a diverse and dynamic work environment. With numerous banks and financial institutions, the city provides many opportunities. Enjoy a vibrant lifestyle and easy access to entertainment and recreation.
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What are the best companies a Teller can work for?
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Patelco Credit Union
Average Salary: $56,409
Patelco Credit Union offers competitive salaries for tellers. Members can access services across multiple locations in Northern California. Patelco supports community engagement and offers career growth opportunities.
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Fifth Third Bank
Average Salary: $54,521
Fifth Third Bank provides attractive compensation for teller positions. This bank operates throughout the Midwest and Southeast U.S. It focuses on employee development and community service.
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SchoolsFirst Federal Credit Union
Average Salary: $54,449
SchoolsFirst Federal Credit Union offers a rewarding environment for tellers. The credit union serves the education community and other members across Southern California. Tellers here benefit from a supportive work culture.
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Comerica Bank
Average Salary: $53,319
Comerica Bank pays well for tellers. This bank operates across several states, including Michigan, Texas, and Arizona. It values employee growth and offers various career advancement opportunities.
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Credit Union 1 Alaska
Average Salary: $52,332
Credit Union 1 Alaska offers competitive pay for tellers. The credit union serves members across the state of Alaska. It emphasizes community involvement and offers a supportive work environment.
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Fremont Bank
Average Salary: $51,849
Fremont Bank provides a good salary for tellers. The bank operates in California, primarily in the Bay Area. It focuses on customer service and offers opportunities for career progression.
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BECU
Average Salary: $50,009
BECU offers attractive compensation for tellers. Members can access services across Washington State. The credit union values employee well-being and offers various benefits.
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Provident Credit Union
Average Salary: $49,900
Provident Credit Union offers good pay for tellers. The credit union operates in the Puget Sound region of Washington. It focuses on community service and offers career growth opportunities.
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First Citizens' Federal Credit Union
Average Salary: $49,467
First Citizens' Federal Credit Union pays well for tellers. Members can access services in various locations across South Carolina. It values employee development and offers a supportive work environment.
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Mechanics Cooperative Bank
Average Salary: $49,088
Mechanics Cooperative Bank offers competitive pay for tellers. The bank operates in Michigan. It focuses on serving the automotive industry and offers career advancement opportunities.
How to earn more as a Teller?
A Teller plays a key role in a bank, providing essential services to customers. Those looking to earn more in this position can explore several avenues. By focusing on these factors, Tellers can increase their earnings and advance their careers.
Improving skills and gaining certifications can lead to higher pay. Banks often offer bonuses for achieving certain sales targets or for maintaining high customer satisfaction scores. Seeking promotions to supervisory or management roles can also increase earnings. Transferring to a larger bank or one in a high-cost-of-living area may offer higher salaries. Lastly, pursuing additional responsibilities, such as training new employees or handling more complex transactions, can lead to pay raises.
Here are some factors that can help a Teller earn more:
- Skills and Certifications: Advanced training in banking software or customer service can lead to higher pay.
- Performance Bonuses: Meeting sales targets and customer satisfaction goals can result in bonus pay.
- Promotions: Moving into supervisory or management roles can significantly increase earnings.
- Location: Working in a bank in a high-cost-of-living area can mean a higher salary.
- Additional Responsibilities: Taking on extra duties, such as training new staff or handling complex transactions, can lead to pay raises.
