How to Become a Bank Teller

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A bank teller helps customers perform financial transactions at the bank, including depositing money and cashing checks.[1]Some bank tellers hold a full-time position, but 27 percent of the professors in this field work in a part-time capacity. The majority of bank tellers work at bank branches. As of 2010, there were 560,000 bank teller jobs in the industry, with an expected growth of one percent by 2020.[2]


BankTeller.jpg

Flickr: chicagogeek
Education High school diploma[2]
Starting pay $18,730[3]
Median pay $24,100[2]
10 yr growth Slower than average[2]
Related professions Cashiers, customer service representatives, loan officer[4]
Author Allison Hughes
 

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Contents

Bank Teller Job Overview

Bank tellers perform several duties at a bank, including[5]

  • Taking utility, loan, and credit payments
  • Keeping records of all the transactions that are made
  • Settling the day's teller cash and proof transactions
  • Cashing checks
  • Depositing checks

Most bank tellers are service-oriented individuals, who work well with fellow employees and customers.[5] Tellers must also be detail-oriented, so that they avoid errors while working with money all day.[6]

Bank Teller Education

Bank tellers need a good understanding of basic math and should have the ability to use a computer.[7] However, most banks do not require bank tellers to have a college degree. A high school diploma is sufficient for a teller to be considered for hire.

A college degree may be helpful for tellers who are seeking advancement in the banking industry. Bank tellers sometimes receive promotions to head teller, loan officer, sales, or a supervisory position.[6]

Bank Teller Training

Bank tellers often undergo a training period after they are hired. This training period, which includes direction from an experienced teller, may last up to one month. During this time, trainees learn about the bank's specific computer software, as well as the different services and financial products offered by the bank.[6]

Additional certification is available for bank tellers. For example, the American Bankers Association offers an AIB Bank Teller Certificate. The course covers technical skills associated with the position, as well as fundamental banking knowledge, regulatory compliance information, and customer service and sales information.[8]

Becoming a Bank Teller

The duties and responsibilities of bank tellers


Also See: How to Become an Interpreter, How to Become a Loan Officer, How to Become an Accountant, How to Become a Translator, How to Become a Financial Planner, How to Become an Auditor, How to Become an Actuary

References

  1. http://www.bls.gov/ooh/office-and-administrative-support/tellers.htm#tab-3
  2. 2.0 2.1 2.2 2.3 http://www.bls.gov/ooh/office-and-administrative-support/tellers.htm
  3. http://www.bls.gov/ooh/office-and-administrative-support/tellers.htm#tab-5
  4. http://www.bls.gov/ooh/office-and-administrative-support/tellers.htm#tab-7
  5. 5.0 5.1 http://www.aba.com/Training/AIB/Pages/aib_btcertificate.aspx
  6. 6.0 6.1 6.2 http://www.bls.gov/ooh/office-and-administrative-support/tellers.htm#tab-4
  7. http://www.umsl.edu/services/govdocs/ooh20002001/120.htm
  8. http://www.aba.com/Training/Online/eLearning/Pages/EL_AIBC001.aspx