Tellers
SOC Code: 43-3071Also known as:
Account Representative, Bank Representative, Bank Teller, Banker, Bilingual Spanish Teller
Median Annual Salary
$39,340
-12.9% growth (2024-2034)
30K
Openings/Year
347K
Current Jobs
What Tellers Do
Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.
💰 Salary
$39,340
Median annual wage (2024)
📈 Job Growth
-12.9%
Decline
🎓 Education
High school diploma or equivalent
Typical entry-level requirement
🚀 Annual Openings
30K
Projected average per year
📚 On-the-Job Training
Short-term on-the-job training
Expected training period
Employment Projections (2024-2034)
Current Employment (2024)
347,400
Projected Employment (2034)
302,500
Related Careers
Bookkeeping, accounting, and auditing clerks
$49,210 •
-5.8% growth
Brokerage clerks
$62,940 •
-9.5% growth
Credit authorizers, checkers, and clerks
$49,130 •
-6.2% growth
New accounts clerks
$46,610 •
-13.2% growth
Top Skills Required
Active Listening
Speaking
Reading Comprehension
Critical Thinking
Monitoring
Daily Tasks & Responsibilities
- Balance currency, coin, and checks in cash drawers at ends of shifts and calculate daily transactions, using computers, calculators, or adding machines.
- Receive checks and cash for deposit, verify amounts, and check accuracy of deposit slips.
- Monitor bank vaults to ensure cash balances are correct.
- 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 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.
- Enter customers' transactions into computers to record transactions and issue computer-generated receipts.
- 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.
- Resolve problems or discrepancies concerning customers' accounts.
- Prepare and verify cashier's checks.
- Process transactions, such as term deposits, retirement savings plan contributions, automated teller transactions, night deposits, and mail deposits.
Technology & Tools
📚 Entry-Level Education
High school diploma or equivalent
Most common requirement
🎯 Recommended Education
High School Diploma
O*NET recommended level
Degree Programs for Tellers
These degree programs can prepare you for a career as a tellers:
Banking and Financial Support Services
992 degrees awarded •
78 colleges offer this program
Best Colleges for Becoming a Tellers
Ranked by Repit grade, then by degrees in related programs. These are the top-rated colleges that prepare students to become tellers.
Want this ranking as a spreadsheet? Investor Pro+ members can export any Repit table to CSV. See plans →
Frequently Asked Questions
How much do tellers make?
The median annual salary for tellers is $39,340.
What education do tellers need?
Most tellers positions require a high school diploma or equivalent.
Common degree programs include Banking and Financial Support Services.
Is becoming tellers a good career choice?
Tellers is projected to see -12.9% job growth from 2024 to 2034,
which reflects some decline in the field. With approximately 29,800 job openings expected annually,
there are good opportunities for those entering the field.
What are the best colleges for tellers?
Top colleges for aspiring tellers include
Texas A & M University-College Station, Texas Tech University, Eastern Kentucky University, The University of Texas at Arlington, University of Nebraska at Omaha.
These schools are ranked based on their Repit grade and the number of graduates in related programs.
What other job titles are similar to tellers?
Tellers may also be known as: Account Representative, Bank Representative, Bank Teller, Banker, Bilingual Spanish Teller, Bilingual Teller, Branch Operations Specialist, Branch Teller, Cash Management Services Teller, Cashier, Collection Teller, Commercial Teller, Coupon Clerk, Customer Relationship Specialist, Customer Service Associate (CSA), Drive-in Teller, Exchange Clerk, Exchange Teller, Financial Services Representative (FSR), Financial Teller.
These titles often refer to similar roles with varying responsibilities or specializations.