Asked by: Piergiorgio Castens
personal finance home financing

How much a bank teller makes an hour?

Last Updated: 4th January, 2020

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The median annual wage for bank tellers in May 2016was$27,260 or $13.11 hourly. This means that 50percentof tellers earned more than this amount and the other halfmadeless. The top 10 percent of earners made more than$37,760annually, while the bottom 10 percent made lessthan$20,810.

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Subsequently, one may also ask, how much do bank tellers make 2019?

The average Bank Teller salary in theUnitedStates is $59,470 as of August 27, 2019. Therangefor our most popular Bank Teller positions (listedbelow)typically falls between $24,957 and $93,984.

Secondly, which bank pays most for teller? (BOFA), The PNC Financial Services Group, Inc.,ChaseBank, and Regions Bank are among the topcompaniesthat take on many Bank Tellers. Although salariesonly rangefrom $24K to just $35K, TD Bank, N.A. still offersthehighest pay with a median paycheck of $28K. BankofAmerica Corp.

In this regard, what is the average wage for a bank teller?

The Bureau of Labor Statistics' Occupational OutlookHandbook statesthat in 2012, the median wage for a bankteller was $11.99per hour, which equates to an averagesalary of $24,940 peryear.

Is $20 an hour Good Pay 2019?

The bank's minimum hourly rate will increaseto$17 on May 1, 2019, and will continue to rise untilitreaches $20 an hour in 2021. According to the bank,theaverage pay rate for all U.S. hourly workersis"significantly above this level."

Related Question Answers

Milagritos Gerstein

Professional

Is $20 an hour good pay?

Yearly / Monthly / Weekly / HourlyConverter
If you make $20 per hour, yourYearlysalary would be $39,000. This result is obtained bymultiplyingyour base salary by the amount of hours, week, andmonths you workin a year, assuming you work 37.5 hours aweek.

Qi Born

Professional

Is a bank teller a good job?

Bank tellers must also be able to work withothermembers of the branch as part of a team. Overall, the outlookforteller jobs is a good news-bad news situation.Thegood news is that due to banks' desire to drawmorecustomers, they are opening more locations and staying openlongerduring the week and on weekends.

Roberts Baer

Professional

Do bank tellers make good money?

According to the BLS, bank tellers usually holdahigh school diploma or GED. Tellers usuallyreceiveon-the-job training. The median annual wage for banktellersin May 2016 was $27,260 or $13.11 hourly. This meansthat 50percent of tellers earned more than this amount andtheother half made less.

Lene Uhanov

Explainer

Do bank tellers get benefits?

Banks have great benefits.
Most banks offer medical, dental, andvisioninsurance, as well as a 401k, sick time, and two weeks ofpaidvacation each year. Many also have tuition assistance andstockoptions. Plus, you get every federal holiday offwithpay!

Giga Navara

Explainer

What hours do bank tellers work?

In traditional banks operating hoursaretypically between 8 a.m. and 7 p.m. on weekdaysandSaturdays.

Seth Pierstorff

Explainer

How much does a full time bank teller make?

Full Time Teller Salaries
Job Title Salary
Atlantic Union Bank Full Time Teller salaries - 3salariesreported $12/hr
Prosperity Bank Full Time Teller salaries - 2salariesreported $11/hr
RCB Bank Full Time Teller salaries - 2 salaries reported $11/hr
Bank of America Full Time Teller salaries - 2salariesreported $14/hr

Mihaela Welzel

Pundit

What is needed to work at a bank?

Bank teller positions require a highschooldiploma or GED. A college degree isn't necessary tofindwork, but a 2-year associate or 4-year bachelor's degreeinfinance, business, or math might help one get hiredorpromoted.

Malamine Saitais

Pundit

What skills do bank tellers need?

To be successful, tellers need skills in severalareas,including math, customer service andcommunications.
  • Math Skills. Bank tellers need strong math skills to countandhandle large amounts of money.
  • Customer Service Skills.
  • Computer Skills.
  • Communications Skills.
  • Job Outlook.

Terrance Tihonitsky

Pundit

Do bank tellers get commission?

Tellers and other bank employeesgeta “referral fee” for sending customers overto theinvestment side of the bank — the area thatsellsproducts that aren't FDIC insured. Employees who sellnondepositproducts receive a commission when theymake a sale,but they're not supposed to makeunsuitablerecommendations.

Pearline Dovgusha

Pundit

Can banks see your balance?

yes, they can see your balance, everytransaction(deposit/withdrawal) made contingent with youraccounts,your credit score etc. They also have a CRM(customerrelationship management) software to leave notes onyouraccounts.

Houmad Varlet

Pundit

How much do bank tellers make at Chase?

Salaries at Chase Bank range from an averageof$33,242 to $107,522 a year. Chase Bank employees withthejob title Senior Vice President (SVP), Marketing makethemost with an average annual salary of $166,936, whileemployeeswith the title Teller make the least with anaverage annualsalary of $24,256.

Armandina Irurecheta

Teacher

What are the duties of a bank teller?

Provides account services to customers byreceivingdeposits and loan payments; cashing checks; issuingsavingswithdrawals; recording night and mail deposits; sellingcashier'schecks, traveler's checks, and series e bonds; answeringquestionsin person or on telephone; referring to otherbankservices.

Dorca Dunheuft

Teacher

How much does a PNC bank teller make?

Average PNC Financial Services GroupTelleryearly pay in the United States is approximately$25,985, which is16% above the nationalaverage.

Yuee Erdini

Teacher

What are the different positions in a bank?

These key positions can be found in any bankorganizationalstructure.
  • Bank Teller. Bank tellers are the first line of advertisingfora bank.
  • Bank Marketing Representative.
  • Internal Auditor.
  • Branch Manager.
  • Loan Officer.
  • Data Processing Officer.