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What Does it Take to Be a Teller?
Example of Teller Job Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution’s various transactions.
Life As a Teller: What Do They Do?
- Prepare work schedules for staff.
- Prepare and verify cashier’s checks.
- Monitor bank vaults to ensure cash balances are correct.
- Perform clerical tasks, such as typing, filing, and microfilm photography.
- Count currency, coins, and checks received, by hand or using currency-counting machine, to prepare them for deposit or shipment to branch banks or the Federal Reserve Bank.
- Obtain and process information required for the provision of services, such as opening accounts, savings plans, and purchasing bonds.
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Teller Required Skills
These are the skills Tellers say are the most useful in their careers:
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Speaking: Talking to others to convey information effectively.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Monitoring: Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Social Perceptiveness: Being aware of others’ reactions and understanding why they react as they do.
Types of Teller
- Bank Teller
- Money Counter
- Branch Operations Specialist
- Money Order Clerk
- Banker
Teller Job Outlook
There were about 502,700 jobs for Teller in 2016 (in the United States). There is little to no growth in job opportunities for Teller. The BLS estimates 51,500 yearly job openings in this field.
The states with the most job growth for Teller are Utah, Arizona, and Texas. Watch out if you plan on working in Wyoming, Illinois, or Pennsylvania. These states have the worst job growth for this type of profession.
Average Tellers Salary
The average yearly salary of a Teller ranges between $22,250 and $39,110.
Tellers who work in District of Columbia, Washington, or Maryland, make the highest salaries.
Below is a list of the median annual salaries for Tellers in different U.S. states.
| State | Annual Mean Salary |
|---|---|
| Alabama | $27,830 |
| Alaska | $30,710 |
| Arizona | $30,370 |
| Arkansas | $25,640 |
| California | $32,120 |
| Colorado | $30,810 |
| Connecticut | $33,360 |
| Delaware | $30,670 |
| District of Columbia | $35,790 |
| Florida | $32,140 |
| Georgia | $30,670 |
| Hawaii | $32,050 |
| Idaho | $28,660 |
| Illinois | $29,860 |
| Indiana | $27,900 |
| Iowa | $28,480 |
| Kansas | $28,150 |
| Kentucky | $27,770 |
| Louisiana | $27,850 |
| Maine | $30,080 |
| Maryland | $32,330 |
| Massachusetts | $32,860 |
| Michigan | $30,150 |
| Minnesota | $30,270 |
| Mississippi | $27,380 |
| Missouri | $27,800 |
| Montana | $28,760 |
| Nebraska | $29,620 |
| Nevada | $30,050 |
| New Hampshire | $29,780 |
| New Jersey | $32,950 |
| New Mexico | $27,050 |
| New York | $31,680 |
| North Carolina | $32,100 |
| North Dakota | $31,800 |
| Ohio | $28,990 |
| Oklahoma | $26,240 |
| Oregon | $30,390 |
| Pennsylvania | $29,360 |
| Rhode Island | $31,520 |
| South Carolina | $30,490 |
| South Dakota | $27,230 |
| Tennessee | $28,100 |
| Texas | $28,710 |
| Utah | $27,800 |
| Vermont | $30,850 |
| Virginia | $31,220 |
| Washington | $34,240 |
| West Virginia | $26,220 |
| Wisconsin | $28,870 |
| Wyoming | $28,810 |
What Tools do Tellers Use?
Below is a list of the types of tools and technologies that Tellers may use on a daily basis:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Microsoft Outlook
- Email software
- Word processing software
- Microsoft Windows
- Microsoft Dynamics
- IBM Notes
- Sage 50 Accounting
- Internet browser software
- Accounting software
- Hyland Software OnBase
Becoming a Teller
Are there Tellers education requirements?
How many years of work experience do I need?
Who Employs Tellers?
The table below shows the approximate number of Tellers employed by various industries.
Related Careers
Those thinking about becoming a Teller might also be interested in the following careers:
- Reservation and Transportation Ticket Agents and Travel Clerks
- Data Entry Keyers
- Brokerage Clerks
- Customer Service Representatives
Those who work as a Teller sometimes switch careers to one of these choices:
References:
Image Credit: Dave Dugdale via Creative Commons Attribution-Share Alike 2.0 Generic
More about our data sources and methodologies.