How much does a Teller make?
Tellers play a key role in the banking industry. They handle a variety of tasks, including cash transactions, deposits, and customer service. The average yearly salary for a Teller is around $38,145. This figure can vary based on experience, location, and the specific bank.
Here are some details about the salary distribution for Tellers:
- The lowest 10% earn about $28,250 per year.
- The highest 10% earn around $51,500 per year.
- Most Tellers earn between $30,364 and $49,386 annually.
These figures show that Tellers can expect a fair salary with opportunities for growth as they gain experience and advance in their careers.
What are the highest paying cities for a Teller?
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San Jose, CA
Average Salary: $48,669
In San Jose, banking professionals enjoy a dynamic work environment. With tech giants like PayPal and Cisco nearby, the demand for financial services is high. Opportunities for career growth are plentiful.
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Stamford, CT
Average Salary: $47,118
Stamford offers a blend of corporate and community banking. Major companies like Xerox and United Technologies Corporation create a steady flow of clients. It's a great place for those who value stability and community.
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San Francisco, CA
Average Salary: $46,446
Working in San Francisco means being part of a bustling financial hub. The city's tech-savvy environment offers unique challenges. Banks like Wells Fargo and Chase provide excellent career development.
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Salinas, CA
Average Salary: $46,347
Salinas provides a more relaxed banking atmosphere. The city's agricultural roots mean a steady flow of local clients. It's ideal for those who prefer a quieter work environment.
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Washington, DC
Average Salary: $46,291
In Washington, DC, banking professionals work with a diverse clientele. The political environment offers unique insights into financial trends. Major banks and credit unions provide ample opportunities for growth.
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Seattle, WA
Average Salary: $44,972
Seattle's tech-driven economy creates a vibrant banking sector. Companies like Amazon and Microsoft bring a steady stream of clients. It's a great place for those who thrive in a fast-paced environment.
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Stockton, CA
Average Salary: $44,097
Stockton offers a community-focused banking experience. The city's agricultural and industrial sectors provide a steady flow of clients. It's ideal for those who value personal connections.
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Riverside, CA
Average Salary: $43,213
Riverside combines a suburban feel with a growing economy. The city's diverse industries offer a variety of clients. It's a great place for those who enjoy a balanced work environment.
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Los Angeles, CA
Average Salary: $42,710
Los Angeles offers a dynamic and diverse banking environment. The city's entertainment industry brings unique financial needs. Major banks and credit unions provide ample opportunities for career growth.
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Sacramento, CA
Average Salary: $42,592
Sacramento provides a mix of government and private sector banking. The city's political environment offers unique insights into financial trends. It's a great place for those who enjoy a stable work environment.
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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: $62,622
Charter Oak Federal Credit Union offers competitive salaries for Teller positions. They provide a positive work environment and opportunities for growth. They operate in Connecticut, offering various locations for job seekers.
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Sound Community Bank
Average Salary: $53,183
Sound Community Bank pays well for Teller jobs. They focus on community service and offer a supportive work environment. They have branches in Washington, providing multiple locations for job seekers.
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Patelco Credit Union
Average Salary: $52,150
Patelco Credit Union offers Teller positions with a good salary. They emphasize employee benefits and career development. They operate in California, with branches in various locations.
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SchoolsFirst Federal Credit Union
Average Salary: $51,826
SchoolsFirst Federal Credit Union provides a fair salary for Tellers. They focus on a positive workplace culture. They have branches in California, offering multiple job opportunities.
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Self-Help
Average Salary: $49,846
Self-Help offers Teller positions with a competitive salary. They provide a supportive work environment and opportunities for career growth. They operate in North Carolina, with branches in various locations.
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Woori America Bank
Average Salary: $49,641
Woori America Bank offers Teller jobs with a good salary. They focus on customer service and employee development. They have branches in New York, providing multiple job opportunities.
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TD Bank
Average Salary: $49,291
TD Bank offers Teller positions with a fair salary. They provide a dynamic work environment and opportunities for advancement. They operate in multiple states, including New Jersey and New York.
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Comerica
Average Salary: $47,848
Comerica offers competitive salaries for Tellers. They focus on employee development and a positive workplace culture. They have branches in various states, including Michigan and Texas.
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Rivermark Community Credit Union
Average Salary: $47,499
Rivermark Community Credit Union offers Teller jobs with a good salary. They emphasize community service and employee benefits. They operate in California, with branches in various locations.
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Fremont Bank
Average Salary: $47,321
Fremont Bank offers Teller positions with a fair salary. They provide a supportive work environment and opportunities for career growth. They operate in California, with branches in various locations.
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 more repeat business. Additionally, Tellers can earn more by taking on extra responsibilities. This might include handling special tasks or covering shifts for colleagues. Another way to increase earnings is by pursuing additional certifications. Certifications in areas like financial services or customer service can make a Teller more valuable to their employer. Tellers can also earn more by seeking promotions. Moving into roles with higher responsibilities, such as a Senior Teller or a Branch Assistant Manager, often comes with higher pay. Finally, Tellers can increase their earnings by working in high-demand areas. Locations with higher foot traffic or more customers can lead to more tips and sales opportunities.
To maximize earnings, Tellers should consider the following factors:
- Build strong customer relationships
- Take on extra responsibilities
- Pursue additional certifications
- Seek promotions
- Work in high-demand areas
