Bank Tellers Description OES Code: 531020 Tellers receive and pay out money. Keep records of money and negotiable instruments involved in a financial institutions' various transactions. CA Wages/hour median range New, no experience: $7.00 minimum – $9.25 New, experienced: $8.00 minimum – $10.64 3 yrs+ experience: $9.21 minimum – $13.00 Salaries depend on the size of the firm, work experience, formal education, ability, and the initiative of the employee. Pay also is usually higher in metropolitan areas. Local Wages • CCOIS Survey • OES Survey Hours & Benefits Many financial institutions hire Tellers to work part time, between 20 and 30 hours a week. Full-time Tellers work 40 hours weekly, which may include evenings or Saturdays. Most employers pay sick leave, vacation and retirement plans; most of them also pay medical, dental, vision and life insurance. A few firms provide for child care. Benefits may be available only to full time employees. Employment Trends Employment 1996 58,850 Projected Employment 2006 53,140 Growth Rate 1996-2006 -9.7% Openings due to Separations 23,360 Employment Trends by California County Bank consolidation and the use of additional technology will lead to reduced numbers of Tellers in California. However, many jobs will become available as turnover, and the use of more part time workers, will lead to additional job openings. Qualified applicants should have relatively good prospects because this occupation generally provides a large number of job openings. Cyclical swings in the economy appear to have little effect on the number of Tellers needed. Advancement Most employers promote from within. Advancement depends upon length of experience, skill development, and the ability to handle responsibilities independently. In banks, paying and receiving Tellers may become chief, note, loan or collection and exchange Tellers. Tellers with management potential can be accepted into training programs. Head Tellers can promote to operations supervisor and then to assistant branch manager.

Click arrow at bottom left of image to begin. Requires QuickTime Education and Training Applicants must have at least a high school education or its equivalent and be bondable. Most banks offer a programmed series of instruction that combines on-the-job training with classroom instruction. Training for new Tellers may last from two weeks to six months or longer. New Tellers are usually closely supervised by experienced Tellers before they are allowed to work independently. Employees are encouraged to further their education through outside studies. Obtaining an American Institute of Banking Certificate is recommended. Skills & Other Requirements Applicants with cashiering, clerical, and public contact experience are preferred. Preparatory courses such as business arithmetic, business law, bookkeeping, typing, speech, and office machine operation are helpful. Familiarity with computer terminals is desirable. Essential qualifications include good communications, numerical and clerical skills, a pleasant personality, tact, neatness, speed, a good memory and the ability to handle details. Tellers must make sure every financial transaction is kept strictly confidential. Getting the Job & Other Information Prospective Tellers may find jobs by applying directly to banks and other financial institutions. Some firms advertise Teller openings in local newspapers. Part-time work is often available. For current job listings, browse CalJOBS or America's Job Bank. References Note: The references below (and/or on other parts of this page) will link to pages on the internet outside the Career Video system. California Occupational Guide: Tellers #109 Related Occupation: Cashiers #31 Training: California State Training Inventory © State of California EDD/LMID, US Department of Labor Unless indicated otherwise, wage data is based on Statewide aggregated CCOIS survey responses between 1995 and 1997. Questions or Comments? Contact us.