How much does a Teller make?

The average salary for a Teller is $43,029 per year in United States. Salaries estimates are based on 20753 salaries submitted anonymously to Glassdoor by a Teller employees in United States.

The highest salary for a Teller in United States is $49,946 per year.

The lowest salary for a Teller in United States is $37,237 per year.

If you are thinking of becoming a Teller or planning the next step in your career, find details about the role, the career path and salary trajectory of a Teller.

Teller roles provide a professional working environment with opportunities for mobility without high barriers to entry. While pay is modest, it rises as individuals exit to related roles including that of sales representative or loan officer. Tellers working in urban regions, as well as tellers working for large and profitable banks, are typically paid higher salaries than tellers working for rural or smaller banks.

Powered by Glassdoor Economic Research

Tellers anonymously reviewed their jobs on Glassdoor, and 69% describe themselves as satisfied with their annual salaries. Banking skills, experience, and advanced education all impact the salary an average teller earns, and they have the opportunity to earn an extra $2,443.04 each year.

The average professional who follows the teller career path earns a salary between $32,729.38 and $57,076.76, with a median salary of $40,585.97 annually. Completing a bachelor's degree, mastering banking industry skills, and gaining experience in the role can impact tellers' salaries throughout their careers. Senior or lead teller is the next seniority level up and pays a higher annual salary.

Effective communication, relationship building, and sales skills are all vital components in your career as a teller, and they'll help you earn a higher salary over time. As you progress and start solidifying client relationships, you should get better at working with customers, understanding their needs, and offering solid solutions using knowledge of banking products and services. The better you are at these skills, the higher your earning potential. Annual salary also increases with education and experience. A high school diploma is the minimal education required for most entry-level positions, but you can score a higher-paying role by completing your bachelor's or master's degree in finance or a related field.

Build trust and credibility as a professional, and you'll have the bargaining power to earn a higher salary when considering a raise or looking for a new teller job. If you've received a job offer, set your target salary within 15 to 20% of the employer's given range, make a record of your successes, and let them know how you excel in the role. This isn't the time to hold back; show proof of prior successes in banking, customer service, and the financial industry as a whole. If you're new to the field, a part-time or remote position could help boost your bargaining power.