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The differences between bank tellers and bankers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a banker has an average salary of $44,463, which is higher than the $32,043 average annual salary of a bank teller.
The top three skills for a bank teller include customer service, savings withdrawals and bank products. The most important skills for a banker are taking care, financial services, and securities.
| Bank Teller | Banker | |
| Yearly salary | $32,043 | $44,463 |
| Hourly rate | $15.41 | $21.38 |
| Growth rate | -12% | 10% |
| Number of jobs | 23,446 | 29,725 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 56% |
| Average age | 39 | 43 |
| Years of experience | - | 4 |
Bank tellers are usually considered the face of the bank's branches. They assist clients in their over-the-counter transactions. They process client requests such as updates or changes in the account, cash or check deposits, withdrawals, and any other request related to the client's bank account. They provide customer service to clients and ensure that they are happy with the bank's services. Tellers should also be able to validate requests and transactions. They should have administrative and clerical skills since they handle the filing of documents for some transactions. They should also have organizational and basic accounting skills and should be trustworthy.
A banker is primarily responsible for assisting clients with their banking needs, particularly when withdrawing, depositing, and paying. Aside from handling transactions, bankers are also mainly responsible for opening and closing accounts, processing requirements, verifying the validity of documentation, recommending services and other financial options to clients, and resolving inquiries and concerns. A banker may answer calls and correspondence, coordinate with other banking personnel, maintain accurate data, and discuss conditions to clients thoroughly. Furthermore, because a banker mainly works with clients, it is essential to attain customer satisfaction.
Bank tellers and bankers have different pay scales, as shown below.
| Bank Teller | Banker | |
| Average salary | $32,043 | $44,463 |
| Salary range | Between $26,000 And $38,000 | Between $20,000 And $97,000 |
| Highest paying City | Sunnyvale, CA | New York, NY |
| Highest paying state | Massachusetts | New York |
| Best paying company | Tinker Federal Credit Union | Citi |
| Best paying industry | Finance | Finance |
There are a few differences between a bank teller and a banker in terms of educational background:
| Bank Teller | Banker | |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 56% |
| Most common major | Business | Business |
| Most common college | - | University of Pennsylvania |
Here are the differences between bank tellers' and bankers' demographics:
| Bank Teller | Banker | |
| Average age | 39 | 43 |
| Gender ratio | Male, 24.1% Female, 75.9% | Male, 46.3% Female, 53.7% |
| Race ratio | Black or African American, 9.8% Unknown, 3.4% Hispanic or Latino, 20.9% Asian, 7.3% White, 58.0% American Indian and Alaska Native, 0.6% | Black or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.4% Asian, 12.3% White, 66.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 6% |