How Much Do Bank Tellers Make?
Official Salary Information For Every Job
Bank tellers are responsible for rapidly and accurately processing routine transactions which clients conduct with banks. Routine transactions include cashing checks and making deposits, loan payments, as well as withdrawals.
Most teller jobs require a high school diploma and a background check. Tellers are typically trained on the job.
Employment change. Jobs of bank tellers is predicted to grow a lot more slowly than average. To attract customers, banks are opening up new branch offices in a variety of locations, like grocery stores, and keeping their branches open longer throughout the day and on week-ends. Both of these trends are predicted to result in some job growth for tellers, especially those that work part time.
Job prospects. Job prospects for bank tellers are predicted to be favorable. Most job openings will arise from growth and from the need to replace the numerous tellers who transfer to other occupations.
Median annual earnings for bank tellers were $23,610 in May 2008.
Tellers are considered a "front line" in the banking business. This is because they are the first people that a customer sees at the bank and are also the people most likely to detect and stop fraudulent transactions in order to prevent losses at a bank (counterfeit currency and checks, identity theft, confidence tricks, etc.). The position also requires tellers to be friendly and interact with the customers, providing them with information about customers' accounts and bank services. Tellers work from a station, usually located on a Teller Line. Most stations have: A teller system, which includes cash drawers, receipt validator/printers, proof work sorters, and paperwork used for completing bank transactions. How much do bank tellers make depend on many factors.