Life As a Teller
Job Description: 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?
- Compose, type, and mail customer statements and other correspondence related to issues such as discrepancies and outstanding unpaid items.
- Balance currency, coin, and checks in cash drawers at ends of shifts and calculate daily transactions, using computers, calculators, or adding machines.
- 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.
- 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, verify, and post armored car deposits.
- Quote unit exchange rates, following daily international rate sheets or computer displays.
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.
Monitoring: Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Service Orientation: Actively looking for ways to help people.
Social Perceptiveness: Being aware of others’ reactions and understanding why they react as they do.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Related Job Titles for this Occupation:
- Foreign Banknote Teller Trader
- Savings Teller
- Exchange Teller
- Retail Banker
- Money Order Clerk
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. Due to new job openings and attrition, there will be an average of 51,500 job openings in this field each year.
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
Tellers make between $22,250 and $39,110 a year.
Tellers who work in District of Columbia, Washington, or Maryland, make the highest salaries.
How much do Tellers make in each U.S. state?
|State||Annual Mean Salary|
|District of Columbia||$35,790|
What Tools do Tellers Use?
Although they’re not necessarily needed for all jobs, the following technologies are used by many Tellers:
- 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
How do I Become a Teller?
Are there Tellers education requirements?
How many years of work experience do I need?
Where Tellers Are Employed
The table below shows the approximate number of Tellers employed by various industries.
Other Jobs You May be Interested In
Those interested in being a Teller may also be interested in:
- Reservation and Transportation Ticket Agents and Travel Clerks
- Data Entry Keyers
- Brokerage Clerks
- Customer Service Representatives
Are you already one of the many Teller in the United States? If you’re thinking about changing careers, these fields are worth exploring:
Image Credit: Dave Dugdale via Creative Commons Attribution-Share Alike 2.0 Generic
More about our data sources and methodologies.
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