Summary
The bank teller starting pay can vary depending on location, experience and financial institution. On average, entry-level bank tellers can expect to earn between $14 and $18 per hour in 2025. Urban areas and larger banks tend to offer higher starting salaries, while smaller cities or regional banks may be on the lower end of the spectrum. Additional factors such as educational background or bilingual skills may also lead to slightly higher salaries for new tellers entering this field.
What is the bank teller starting pay?
Bank teller starting pay varies considerably depending on location, size of the institution and local market conditions. According to data from 2025, entry-level bank tellers typically earn between $16 and $22 per hour, with the national average being around $18.50 per hour for new hires.
Breaking these numbers down into different time periods helps job seekers understand their potential earnings. A bank teller working 40 hours per week at the national average would earn about $740 weekly, $3,200 monthly and $38,400 annually before taxes and deductions. These calculations assume full-time employment with an even schedule.
The first year’s salary often includes a probationary period during which the starting salary may be slightly lower. A salary increase is usually given after 90 days or six months of satisfactory performance. Many banks structure their compensation to reward employees who demonstrate reliability, accuracy and good customer service skills during their initial employment.
Because bank teller positions are entry-level, prior banking experience is not required, making these positions attractive to individuals seeking stable employment with growth potential. However, the initial hourly wage reflects the banks’ investment in training new employees and the gradual increase in responsibility as tellers gain experience.
Bank teller starting pay by Location
Geographic location plays a substantial role in determining bank teller compensation, with significant variations between states and metropolitan areas. Regional salary differences often correlate with local cost of living, competition for workers, and the concentration of financial institutions.
High-paying states for bank tellers include California, where entry-level positions often start at $20 to $24 per hour, New York with similar ranges in major metropolitan areas, and Washington state, particularly around Seattle. These elevated wages reflect higher living costs and competitive job markets that drive up compensation across industries.
Conversely, states with lower starting wages typically include those with reduced living costs and fewer major financial centers. Bank tellers in states like Mississippi, Arkansas, and West Virginia may start closer to $15 to $17 per hour, though their purchasing power may be comparable to higher-wage markets when cost of living is considered.
Texas presents an interesting case study, with major cities like Houston, Dallas, and Austin offering starting wages of $17 to $21 per hour, while smaller communities may offer $15 to $18 per hour. Florida shows similar patterns, with Miami and Tampa markets paying premium rates compared to smaller cities.
When evaluating bank teller salary opportunities by location, candidates should research local housing costs, transportation expenses, and overall living expenses to determine the true value of compensation packages.
Starting Pay at Major Banks
Large national banks often offer more competitive starting wages compared to smaller institutions, though this varies by location and specific bank policies. Major financial institutions typically have more standardized compensation structures and comprehensive benefits packages.
Chase Bank generally offers starting wages between $18 and $22 per hour for entry-level tellers, with higher rates in competitive markets. The bank emphasizes internal promotion opportunities and provides extensive training programs that can lead to accelerated career advancement.
Bank of America typically starts new tellers at $17 to $21 per hour, depending on location and experience level. The institution has invested heavily in employee development programs and offers clear pathways for career progression within their organization.
Wells Fargo’s teller starting pay ranges from $16 to $20 per hour, with performance-based increases available after initial training periods. The bank has focused on rebuilding its workplace culture and offers competitive benefits packages to attract quality employees.
The U.S. Bank offers starting compensation between $16 and $19 per hour for new tellers, with regional variations based on local market conditions. The bank emphasizes work-life balance and provides comprehensive training for employees new to banking.
Community banks and credit unions may offer starting wages slightly below major national banks, typically ranging from $15 to $18 per hour. However, these smaller institutions often provide more personalized work environments, closer relationships with management, and opportunities to learn diverse banking functions.
Experience, Education and Pay Impact
Educational background and previous work experience significantly influence bank teller starting salaries, though many institutions prioritize customer service skills and reliability over formal education requirements.
Entry-level bank tellers with only a high school diploma typically start at the lower end of pay ranges, earning $16 to $18 per hour in most markets. However, candidates who demonstrate strong mathematical skills, attention to detail, and excellent communication abilities can often negotiate higher starting wages.
Tellers with associate degrees, particularly in business, finance, or related fields, frequently command starting wages $1 to $3 per hour above high school graduates. The additional education demonstrates commitment to professional development and provides foundational knowledge that reduces training time.
Bachelor’s degree holders entering bank teller positions often start at the higher end of pay ranges, earning $19 to $22 per hour or more in competitive markets. While overqualification concerns exist, many banks view degree holders as strong candidates for rapid promotion to supervisory or specialized roles.
Banking certifications and professional development courses can enhance starting pay negotiations. Programs offered by the American Bankers Association or local banking institutes demonstrate industry commitment and can justify higher initial compensation.
Previous customer service experience, cash handling background, or retail management roles often positively impact starting wages, as these experiences translate directly to bank teller responsibilities.
Full-Time vs Part-Time Teller Compensation
Employment status significantly affects bank teller compensation structures, with full-time positions typically offering better hourly rates and comprehensive benefits packages compared to part-time arrangements.
Full-time bank tellers generally work 35 to 40 hours per week and earn the standard hourly rates discussed throughout this guide. These positions often include health insurance, paid time off, retirement contributions, and other benefits that substantially increase total compensation value.
Part-time bank teller positions may offer slightly lower hourly wages, typically $1 to $2 less per hour than full-time equivalents. However, part-time roles can provide valuable banking experience and often serve as stepping stones to full-time employment within the same institution.
Many banks offer overtime opportunities during busy periods, such as month-end processing or peak banking seasons. Overtime pay typically follows federal labor standards, providing time-and-a-half compensation for hours worked beyond 40 per week.
Shift premiums may apply for tellers working evening hours, weekend shifts, or holiday coverage. These premiums can add $1 to $3 per hour to base wages and provide additional earning opportunities for flexible employees.
Some banks offer differential pay for tellers who work at multiple branches, handle specialized transactions, or take on additional responsibilities like training new employees or managing vault operations.
Opportunities for Pay Growth
Bank teller positions offer multiple pathways for salary advancement, making them attractive entry points for individuals seeking long-term career development in financial services.
Most banks provide performance-based pay increases during the first year of employment. Tellers who consistently demonstrate accuracy, excellent customer service, and reliability often receive raises of $0.50 to $1.50 per hour after completing probationary periods or annual performance reviews.
Promotion opportunities within banking institutions can significantly boost earnings potential. Head teller positions typically pay $2 to $4 more per hour than entry-level roles and involve supervisory responsibilities, training duties, and advanced transaction processing.
Career advancement to personal banker, loan officer, or branch assistant manager roles can increase annual earnings to $35,000 to $50,000 or higher, depending on location and institution size. These positions build on teller experience while expanding responsibilities into sales, lending, or management functions.
Internal banking career ladders often prioritize existing employees for advancement opportunities. Tellers who pursue additional education, obtain banking certifications, or develop specialized skills frequently move into higher-paying positions within two to five years.
Cross-training opportunities in areas like mortgage processing, commercial banking, or investment services can lead to specialized roles with increased compensation and career advancement potential.
Benefits That Add Value to Total Compensation
Bank teller benefits packages often provide substantial additional value beyond hourly wages, making total compensation more attractive than base pay alone suggests.
Health insurance coverage represents one of the most valuable benefits, with many banks covering significant portions of premium costs for employees and their families. Comprehensive medical, dental, and vision coverage can be worth thousands of dollars annually.
Paid time off policies vary by institution but typically include vacation days, sick leave, and holiday pay. Entry-level tellers often start with 10 to 15 paid days off annually, with additional time earned based on years of service.
Retirement benefits frequently include 401(k) plans with employer matching contributions. Banks may match 50% to 100% of employee contributions up to certain limits, providing valuable long-term financial benefits.
Tuition assistance programs help employees pursue continued education while working. Many banks reimburse college coursework, professional certifications, or banking-specific training programs, supporting career advancement goals.
Employee banking benefits include reduced fees, favorable loan rates, and preferred terms on financial products. These perks can save hundreds of dollars annually on banking services.
Bonus potential exists at many institutions, with performance-based bonuses, referral rewards, or profit-sharing programs providing additional income opportunities throughout the year.
Is Being a Bank Teller a Good Entry-Level Job?
Bank teller positions offer several advantages that make them compelling entry-level opportunities for individuals seeking stable employment with growth potential in the financial services sector.
Job stability represents a significant advantage, as banks require consistent staffing to serve customers and maintain operations. Economic downturns may affect hiring, but established tellers often retain employment due to the essential nature of banking services.
Regular business hours appeal to many workers, with most bank teller positions following standard Monday through Friday schedules with limited evening or weekend requirements. This predictability supports work-life balance and family obligations.
Skill development opportunities abound in bank teller roles, with employees gaining experience in customer service, financial products, cash management, and regulatory compliance. These transferable skills support career advancement within banking or movement to other industries.
Professional environment and dress codes help tellers develop business acumen and workplace professionalism that benefits long-term career prospects. The customer-facing nature of the role builds communication and problem-solving abilities valued across industries.
However, bank teller positions also present certain limitations. Pay ceiling constraints mean that teller wages have limited upward potential without promotion to different roles. The repetitive nature of daily tasks may not appeal to individuals seeking varied responsibilities or creative challenges.
Comparing bank teller compensation to other entry-level positions reveals competitive advantages. Bank tellers typically earn more than retail cashiers, who average $14 to $16 per hour, and often receive better benefits than customer service representatives in other industries.
Expert and Insider Insights
Financial career advisors consistently recommend bank teller positions as excellent entry points for individuals interested in finance careers but lacking specific industry experience or advanced education.
Sarah Martinez, a certified financial career counselor, notes that “bank teller roles provide comprehensive exposure to financial services while building customer relationship skills that are valuable throughout the banking industry. The key is viewing the position as a stepping stone rather than a final destination.”
Current bank tellers emphasize the importance of demonstrating reliability and accuracy to maximize advancement opportunities. Michael Chen, a head teller at a community bank, explains that “banks invest heavily in training new tellers, so they prioritize employees who show commitment to accuracy and professional development.”
When negotiating starting pay, industry insiders recommend researching local market rates and highlighting relevant experience, even if it’s not specifically banking-related. Customer service experience, cash handling background, or bilingual abilities can justify higher starting wages.
Former tellers who advanced to management roles stress the value of internal networking and cross-training opportunities. Taking on additional responsibilities like training new employees or handling complex transactions demonstrates leadership potential that supports promotion consideration.
Your Next Steps in Banking Career Planning
Bank teller starting pay offers competitive compensation for entry-level positions while providing pathways to advancement within the financial services industry. Understanding regional variations, institutional differences, and total compensation packages helps job seekers make informed decisions about pursuing these opportunities.
For individuals considering bank teller careers, focus on developing strong customer service skills, mathematical accuracy, and professional communication abilities. These foundational skills enhance starting pay negotiation potential and support rapid advancement within banking organizations.
Research local banking institutions thoroughly, comparing not only starting wages but also benefits packages, advancement opportunities, and workplace culture. Community banks may offer more personalized environments, while larger institutions might provide more structured career development programs.
Consider pursuing relevant education or certifications while working as a bank teller to accelerate career advancement. Many banks offer tuition assistance that can support degree completion or professional development coursework.
For comprehensive job listings and salary information specific to your area, explore resources like bank career websites, local employment offices, and professional banking associations that provide current market data and networking opportunities.
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Conclusion
Bank teller starting pay can vary depending on factors such as experience, location, and the financial institution’s policies. By emphasizing relevant skills and demonstrating a willingness to take on additional responsibilities, prospective tellers can position themselves for higher starting wages and future growth opportunities. Remember, building relationships within the organization and seeking cross-training options can also pave the way for career advancement beyond the teller role.
FAQ
1. Do bank tellers earn commission on products they sell?
Most entry-level bank tellers do not earn commission on routine transactions, but many banks offer incentive programs for referring customers to additional services like loans, credit cards, or investment products. These referral bonuses typically range from $25 to $100 per successful referral, providing supplemental income opportunities.
2. How quickly can bank tellers get promoted to higher-paying positions?
Promotion timelines vary by institution and individual performance, but motivated tellers often advance to head teller or personal banker roles within 12 to 24 months. Advancement to branch management or specialized banking roles typically takes two to five years, depending on education, performance, and available opportunities.
3. Is bank teller starting pay negotiable?
While large banks often have standardized pay scales, negotiation opportunities exist, particularly for candidates with relevant experience or specialized skills. Community banks and credit unions may offer more flexibility in starting wage negotiations, especially in competitive job markets.
4. What factors most influence bank teller starting wages?
Location, institution size, education level, and relevant experience represent the primary factors affecting starting pay. Market competition for workers and local cost of living considerations also play significant roles in wage determination.
5. Do bank tellers receive annual pay increases?
Most banks provide annual performance reviews that can result in merit-based pay increases. Typical annual raises range from 2% to 5% for satisfactory performance, with higher increases possible for exceptional employees or those taking on additional responsibilities.
6. Are bank teller positions affected by economic downturns?
While economic uncertainty can impact hiring, established bank tellers often maintain employment due to the essential nature of banking services. However, career advancement opportunities may be limited during economic slowdowns as banks reduce expansion and promotion activities.