dcsimg

Teller

Tellers pay out money and keep records for banks, savings and loan associations, personal finance companies, credit unions, and large businesses that operate credit offices. Tellers work to improve good public relations by being prompt, efficient, and courteous to customers. They promote new products and services in order to increase business for their companies. They count the cash supply in the morning before the institution opens, and balance accounts at the end of the day. They operate adding, calculating, and computerized equipment. In larger institutions, tellers may specialize in a particular transaction, such as loans, foreign currencies, or traveler's checks. Commercial tellers, the most common type of teller, accept customers' deposits for commercial and savings accounts, cash checks, and pay withdrawals. Credit union tellers spend most of their time on clerical and bookkeeping responsibilities, and less time at windows interacting with customers.

Job Skills

Because of financial privacy issues, it is very important for tellers to be able to keep every financial transaction in total confidence. They must have excellent communications skills, due to the amount of time they spend speaking with customers as representatives of their employers. They need to have strong numerical and clerical skills, as well as the ability to operate computer terminals. Other desirable qualities include a pleasant personality, tact, neatness, speed, a good memory, and comfort with details.

Income

Banks, savings and loan associations, and credit unions offer tellers starting wages of between minimum wage and $9.50 per hour. Experienced tellers may earn up to $18.00 per hour. Earnings depend on a number of factors, including the size of the firm, work experience, formal education, ability, and initiative. Tellers in metropolitan areas tend to earn more than tellers in rural areas. Most employers offer sick leave, vacation and retirement plans, and some offer medical, dental, and life insurance.

Training and Education

Employers of tellers usually look for applicants who are high school graduates, have cashiering, clerical, or public contact experience, and have completed courses in business arithmetic, business law, bookkeeping, typing, speech, and office machine operation. Most banks offer on-the-job training that includes classroom instruction and lasts from two weeks to six months. Entry-level tellers are closely supervised by experienced employees until they have gained the knowledge to work independently. Tellers can obtain certification through the American Institute of Banking. Advancement depends on experience, length of employment, demonstration of leadership qualities, and the type of institution. In banks, paying and receiving tellers can advance to chief, note, loan, or collection and exchange teller positions. Head tellers may advance to operations supervisor and even assistant branch manager. In savings and loan associations, tellers may advance to lead or supervising tellers.

Job Outlook

Bank consolidation and improvements in teller productivity will reduce job growth in this occupation. However, the use of more part-time workers, as well as the high turnover in the occupation, will create many job openings. Swings in the economy do not have much impact on employment of tellers. Opportunity will be best for those who have at least six months of work experience. However, those applicants with the necessary skills and aptitude, as well as those willing to work part-time, will usually find job opportunities.


Teller Training

Refine School Matches
Hide filters
  • SUBJECT Clear All

  • DEGREE

    See More

  • PROGRAM TYPE

  • START TIME

    LOCATION
    Please enter valid US or Canada Zip.
            Results open in new window

            Searching Searching ...

            Matching School Ads
            M.B.A.: Finance
            • There's still time to apply to Grand Canyon University and pursue your education. Learn more today!
            • Study on your schedule - GCU offers many programs 100% online to fit your busy lifestyle.
            • GCU offers a variety of opportunities to reduce the cost of furthering your education. Campus students may qualify for scholarships, while online students can take part in limited special offers.
            • A regionally accredited university, GCU also holds specialized accreditations and approvals for some of our core program offerings.
            • Degrees in business, education, nursing, humanities and social sciences, theology and more. Find the degree that fits you.
            • Talk to us today to learn more about financial aid and start dates!
            • Accredited
            • Online Courses
            • Flexible Scheduling
            • Accelerated Programs
            • Financial Aid
            • Transferable Credits
            MSA: Business
            • Liberty University’s online programs ranked in the top 10 out of more than 2,100 colleges & universities for academic quality, affordability, and accessibility.*
            • 100% online programs at associate, bachelor’s, master’s, and doctoral level.**
            • Transfer up to 90 credits into an undergraduate degree program.
            • Up to 50% of your master’s degree can be transferred in to help you get the most out of your hard work and maximize the credit you previously earned.
            Show more [+]
            • Accredited
            • Online Courses
            • Financial Aid
            • Transferable Credits
            Master of Science in Finance

            About Georgetown University
            Georgetown University is a private, not-for-profit, accredited university located in Washington, DC. Founded in 1789 by John Carroll, Georgetown is America's oldest Catholic and Jesuit University. Today, Georgetown is a major international research university. It has nine schools, an affiliated hospital and many highly-ranked graduate programs.Georgetown University Online

            Since 1970, Georgetown University's School of Continuing Studies (SCS) has rolled out online formats for several programs. Look for online Masters degrees in some in-demand fields such as Nursing, Real Estate & Business. Find the same quality academic content in both on campus and online programs.

            • Online Courses
            Master of Science in Finance

            The University of Scranton has grounded its education in Catholic and Jesuit principles based on intellectual growth and integrity, all of which shape the online master’s and certificate programs. You can choose one of five degree programs from a selective institution ranked among the top 10 master’s universities in the North by U.S. News & World Report.

            • Online Courses
            Financial Management - PhD in Bus. Admin.
            • Ranked among the Best Online Bachelor's Programs in 2014 by U.S. News & World Report.
            • Implements a one-to-one teaching model, partnering one student with one faculty member in each course.
            • 100% of faculty members hold doctoral degrees.
            • No physical residency requirements, allowing students to pursue their degree online.
            • Committed to innovation, diversity, excellence, and accountability since its founding in 1996.
            • Offers several programs in business, education, psychology, and more.
            Show more [+]
            • Online Courses
            • Financial Aid
            • Transferable Credits
            Accelerated MBA Financial Management

            Founded in 1887, Benedictine University is dedicated to the education of undergraduate and graduate students. Benedictine is regionally accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools (NCA).

            Benedictine University provides a values-centered Liberal Arts education. Today, Benedictine enrolls nearly 10,000 students from all 50 states in the US and over 17 countries.

            Why Benedictine University Online?

            • Over 130 year legacy of academic excellence
            • Ranked among America's Top Colleges by "Forbes" Magazine
            • 91% of current students report they are satisfied or very satisfied with their learning experience
            • Accredited
            • Online Courses
            • Flexible Scheduling
            • Accelerated Programs
            • Financial Aid
            • Transferable Credits
            MBA - Finance/Accounting

            Utica College, founded in 1946, is a comprehensive private institution located in upstate central New York.  The College offers regionally accredited online certificates, bachelors, masters, and doctoral degrees in healthcare, cybersecurity, financial crime, nursing, physical therapy, business, criminal justice, and data science.  All courses are taught by credentialed, highly experienced faculty with significant and ongoing accomplishments in their respective fields.

            • Online Courses
            Business Administration - Finance (BS) (Online)
            • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
            • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
            • Offers several flexible learning options, including a blended format that combines campus and online learning.
            • Several scholarship opportunities are available for students who qualify.
            • Features a competency-based MBA program that allows students to test out of subjects based on prior professional experience.
            Show more [+]
            • Online Courses
            • Flexible Scheduling
            • Financial Aid
            • Transferable Credits
            Master of Business Administration - Finance
            • Ranked among the Best Online Bachelor’s Programs by U.S. News and World Report in 2015.
            • Founded in 1890, it has a campus in Waterbury, CT and offers online degree program in eight-week modules, six times a year.
            • About 800 students are enrolled at the main campus, and about half of them commute.
            • Online courses help make it possible for students to earn a bachelor’s degree in as little as 24 months and a master’s degree in 12-18 months.
            Show more [+]
            • Online Courses
            • Flexible Scheduling
            • Accelerated Programs
            • Financial Aid
            • Transferable Credits
            Accounting (BS to MS)
            • Online Bachelor's programs include BBA, Criminal Justice, Psychology, IT, Healthcare Management & Public Health
            • Over 115 years of delivering quality education and personalized attention to students
            • Provide a range of campus experiences and services online including advising, tutoring, student community, and career services
            • Give students and alumni access to career assistants who help with resumes, cover letters, job hunting, and more.
            • Online Courses
            • Flexible Scheduling
            • Financial Aid
            • Transferable Credits