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Tellers in Massachusetts

Thinking about a career as a Tellers in Massachusetts? Here’s what you need to know. Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution’s various transactions.

What do Tellers Make in Massachusetts?

For a tellers working in Massachusetts, the median annual wage is $45,100 per year (or roughly $21.68/hour).Annual wages span from $37,600 at the 10th percentile to $53,610 at the 90th percentile.

Wage Statistic	Annual	Hourly
10th percentile	$37,600	$18.08
25th percentile	$39,040	$18.77
Median (50th)	$45,100	$21.68
75th percentile	$47,920	$23.04
90th percentile	$53,610	$25.77

The job concentration index in Massachusetts relative to the national average — is 0.86, suggesting fewer tellers per worker than the national average.

National Wage Comparison

Nationally, tellers earn a median of $57,527 per year ($27.66/hour), lower than the Massachusetts median.

Employment Outlook

There are roughly 831,497 tellers in the U.S.. In Massachusetts alone, approximately 6,880 people work in this role. That’s more than the typical state, which employs around 4,970 tellers.

Top Massachusetts Metros for Tellers

The metro areas below employ the most tellers in Massachusetts.

Metro Area	Number Employed	Annual Median Salary
Boston-Cambridge-Newton, MA-NH	4,510	$45,100
Worcester, MA	870	$45,730
Springfield, MA	400	$43,820
Barnstable Town, MA	330	$45,160
Pittsfield, MA	220	$40,320
Amherst Town-Northampton, MA	170	$44,640

Top States for Tellers Employment

These states have the highest employment of tellers work.

State	Number Employed
Texas	26,390
California	25,440
New York	17,420
Illinois	16,490
Pennsylvania	15,580
Ohio	15,200
Florida	13,190
Michigan	12,660
New Jersey	10,330
Indiana	9,630
Wisconsin	9,420
Tennessee	9,310
Missouri	9,150
Georgia	8,820
Washington	8,810
Virginia	7,940
North Carolina	7,790
Massachusetts	6,880
Oklahoma	6,840
Alabama	6,820

Highest-Paying States for Tellers

These states pay the most for tellers.

State	Annual Median Salary
Washington	$46,890
Connecticut	$46,310
California	$45,920
New Jersey	$45,720
Alaska	$45,590
Massachusetts	$45,100
Oregon	$44,600
District of Columbia	$44,380
Colorado	$44,370
Florida	$44,120

Skills

Top tellers skills, rated on an importance scale of 0 to 5:

Knowledge Areas

Key knowledge areas for this occupation, rated on an importance scale of 0 to 5:

Abilities

Top abilities for tellers, rated on an importance scale of 0 to 5:

Daily Tasks

Common tasks include:

• Balance currency, coin, and checks in cash drawers at ends of shifts and calculate daily transactions, using computers, calculators, or adding machines.
• Receive checks and cash for deposit, verify amounts, and check accuracy of deposit slips.
• Monitor bank vaults to ensure cash balances are correct.
• Cash checks and pay out money after verifying that signatures are correct, that written and numerical amounts agree, and that accounts have sufficient funds.
• 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.
• Enter customers' transactions into computers to record transactions and issue computer-generated receipts.
• Examine checks for endorsements and to verify other information, such as dates, bank names, identification of the persons receiving payments, and the legality of the documents.
• Resolve problems or discrepancies concerning customers' accounts.
• Prepare and verify cashier's checks.
• Process transactions, such as term deposits, retirement savings plan contributions, automated teller transactions, night deposits, and mail deposits.
• Answer telephones and assist customers with their questions.
• Identify transaction mistakes when debits and credits do not balance.

Work Activities

• Performing for or Working Directly with the Public
• Working with Computers
• Establishing and Maintaining Interpersonal Relationships
• Evaluating Information to Determine Compliance with Standards
• Communicating with Supervisors, Peers, or Subordinates
• Getting Information
• Processing Information
• Resolving Conflicts and Negotiating with Others
• Making Decisions and Solving Problems
• Updating and Using Relevant Knowledge
• Identifying Objects, Actions, and Events
• Analyzing Data or Information

Tools & Technology

Common tools and software used in this occupation include: Hot technologies: Microsoft Excel In-demand technologies: Microsoft Office software

Related Careers

Careers similar to tellers include:

• Financial Managers
• Accountants and Auditors
• Credit Analysts
• Loan Officers
• Cashiers
• Gambling Change Persons and Booth Cashiers

Also Known As

Account Representative, Bank Representative, Bank Teller, Banker, Bilingual Spanish Teller, Bilingual Teller, Branch Operations Specialist, Branch Teller, Cash Management Services Teller, Cashier, Collection Teller, Commercial Teller, Coupon Clerk, Customer Relationship Specialist, Customer Service Associate (CSA).

References

• U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
• O*NET Online — https://www.onetonline.org/
• BLS Employment Projections — https://www.bls.gov/emp/
• O*NET-SOC code: 43-3071.00