How Much does a Bank Teller Make?
Seeing dollar signs and hearing coins jingle-jangle are all in a days’ work if you’re a Bank Teller. Expect to spend your days behind a counter in a financial institution, such as a bank or credit union, assisting customers with financial transactions. Whether you’re facilitating a deposit or a withdrawal, your keen attention to detail is essential in this position. Every penny must be accounted for and every transaction documented appropriately, or the financial future of your customers may be damaged.
Keeping secrets comes with the territory, since you handle confidential information throughout your day. Computer, communication, and customer service skills are also essential as you track each transaction.
What’s the average income of a Bank Teller?
The U.S. Department of Labor Statistics reports that the average income of a Bank Teller is $24,100. The lowest-paid 10 percent of Bank Tellers earn $18,730 while the
highest-paid 10 percent receive $32,650 each year. So, it’s evident that there’s room to grow, and jobs as a Bank Teller are found in every state.
The annual salary depends on several factors, such as length of employment, type of financial institution, and location. For example, Bank Tellers in Alaska, Massachusetts, Connecticut, Rhode Island, and the District of Columbia receive the highest wages.
Is it easy to get a job in this field?
The anticipated job growth for Bank Tellers is approximately six percent, which is slower than average according to the U.S. Bureau of Labor Statistics. The banking industry is a competitive field, which means many institutions are constantly vying for new customers. New branch offices are always being opened in somewhat unusual locations, such as grocery stores and shopping malls, meaning new employees are hired regularly. However, many of these positions are part-time, and will require non-standard hours such as evenings and weekends.