Can you make good money as a bank teller?

The average Bank Teller salary in the United States is $62,742 as of May 27, 2022. The range for our most popular Bank Teller positions (listed below) typically falls between $26,680 and $98,804.

Is being a teller stressful?

Managers typically oversee all of these cash accounting processes. The disadvantages of being a bank teller include stress, pressure and the risk of getting fired from their jobs even for minor cash discrepancies.

What does a teller at a bank do?

Bank Teller Job Requirements and Responsibilities: Provides account services to customers by receiving deposits and loan payments, cashing checks, issuing savings withdrawals, and recording night and mail deposits. Sells cashier’s checks, traveler’s checks, and series e bonds.

Is it hard to be hired as a bank teller?

Skills. Bank tellers need a variety of hard and soft skills to effectively work with customers, coworkers and supervisors. Most of these skills can be developed through education, on-the-job training and job experience.

What skills does a bank teller need?

Bank tellers should have the following skills:

  • Cash handling and mathematics.
  • Customer service.
  • Computer knowledge.
  • Organization.
  • Problem-solving.
  • Written and verbal communication.
  • Processing transactions.
  • Attention to detail.

How hard is a bank teller job?

Depending on your branch, this position can be quite stressful. Lines can get long and some customers take a lot of time to wait on, with lots of questions and transactions. Meanwhile, those in line are becoming impatient and irritable and do not want to hear you cross-sell or make small talk.

What is a bank teller hourly wage?

12.7 USD (2015)Bank teller / Median pay (hourly)

How long is bank teller training?

Becoming a bank teller generally only takes about one month. This is the length of time for which most in-training bank tellers are trained on the job. All teller-specific training requirements are taking care of at the bank of employment without the need to arrive at a designated, separate facility.

What math do you need to be a bank teller?

Their cash drawers need daily balancing as well. These duties require the skill to add, subtract, multiply and divide quickly and correctly. Even an understanding of algebra, geometry, calculus and statistics comes in handy.

What bank pays the most?

Perhaps not too surprisingly, Goldman Sachs pays VPs more than any other bank. Vice presidents at Goldman score a base salary of $169,896 a year, on average, while financial analysts make $69,461.

What jobs can you get with a bank teller job?

Private banking and commercial banking are more common paths for people who begin their career as a bank teller. As an ambitious customer service rep or teller, it’s possible to impress your manager and move into private banking, wealth management, or commercial banking. From there,…

How do I move up from a bank teller job?

The best ways to move up from bank teller jobs include enrolling in and studying for the FMVA Become a Certified Financial Modeling & Valuation Analyst (FMVA)® or MBA, taking the series 7 exam (or equivalent in your country), going back to school full time for a master’s degree (see article: is an MBA worth it?

How much does a bank teller make a year?

Bank Teller Salary. A bank teller’s salary varies based on the geographical location, level of experience, type of employer, and other factors. Median Annual Salary: $29,450 ($14.16/hour) Top 10% Annual Salary: More than $39,110 ($18.80/hour) Bottom 10% Annual Salary: Less than $22,250 ($10.70/hour)

What does a head bank teller do?

Head bank tellers manage the operations of bank tellers. A bank teller’s salary varies based on the geographical location, level of experience, type of employer, and other factors. 2