What Do Teller Do?
Job Description & Duties Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution’s various transactions.
What Do Tellers Do On a Daily Basis?
- Order a supply of cash to meet daily needs.
- Compute financial fees, interest, and service charges.
- Receive and count daily inventories of cash, drafts, and travelers’ checks.
- 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.
- Sort and file deposit slips and checks.
- Answer telephones and assist customers with their questions.
Things a Teller Should Know How to Do
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.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Monitoring: Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Social Perceptiveness: Being aware of others’ reactions and understanding why they react as they do.
Other Teller Job Titles
- Customer Relationship Specialist
- Foreign Banknote Teller
- Retail Banker
Teller Employment Estimates
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.
How Much Does a Teller Make?
The salary for Tellers ranges between about $22,250 and $39,110 a year.
Tellers who work in District of Columbia, Washington, or Maryland, make the highest salaries.
Below is a list of the median annual salaries for Tellers in different U.S. states.
|State||Annual Mean Salary|
|District of Columbia||$35,790|
What Tools & Technology 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
Becoming a Teller
What education or degrees do I need to become a Teller?
How Long Does it Take to Become a Teller?
The table below shows the approximate number of Tellers employed by various industries.
Other Jobs You May be Interested In
Those thinking about becoming a Teller might also be interested in the following careers:
- Reservation and Transportation Ticket Agents and Travel Clerks
- Data Entry Keyers
- Brokerage Clerks
- Customer Service Representatives
Career changers with experience as a Teller sometimes find work in one of the following fields:
Image Credit: Dave Dugdale via Creative Commons Attribution-Share Alike 2.0 Generic
More about our data sources and methodologies.
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