Bank teller vs collection teller

The differences between bank tellers and collection tellers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a bank teller has an average salary of $32,043, which is higher than the $31,959 average annual salary of a collection teller.

The top three skills for a bank teller include customer service, savings withdrawals and bank products. The most important skills for a collection teller are customer service, financial products, and travelers checks.

Bank teller vs collection teller overview

	Bank Teller	Collection Teller
Yearly salary	$32,043	$31,959
Hourly rate	$15.41	$15.36
Growth rate	-12%	-12%
Number of jobs	23,446	11,728
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 33%
Average age	39	39
Years of experience	-	-

Bank teller vs collection teller salary

Bank tellers and collection tellers have different pay scales, as shown below.

	Bank Teller	Collection Teller
Average salary	$32,043	$31,959
Salary range	Between $26,000 And $38,000	Between $26,000 And $39,000
Highest paying City	Sunnyvale, CA	-
Highest paying state	Massachusetts	-
Best paying company	Tinker Federal Credit Union	-
Best paying industry	Finance	-

Differences between bank teller and collection teller education

There are a few differences between a bank teller and a collection teller in terms of educational background:

	Bank Teller	Collection Teller
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 33%
Most common major	Business	Business
Most common college	-	-

Bank teller vs collection teller demographics

Here are the differences between bank tellers' and collection tellers' demographics:

	Bank Teller	Collection Teller
Average age	39	39
Gender ratio	Male, 24.1% Female, 75.9%	Male, 15.0% Female, 85.0%
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, 8.7% Unknown, 3.1% Hispanic or Latino, 24.2% Asian, 6.7% White, 56.6% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between bank teller and collection teller duties and responsibilities

Bank teller example responsibilities.

Obtain many skills including balancing drawer every day, balancing the coin machine, the coin vault, and ATM vaults.
Front end assistant to manager, door greeter, phone greeter, ATM custodian, TCD custodian, open and close bank
Receive TD acknowledgement of accomplishments, quarterly recognition and position increases.
Provide guidance to customer's and non-customers using a consultative sales approach in uncovering additional needs for cross-sell opportunities.
Analyze customer's needs, determine appropriate products and services and uncover additional cross-selling opportunities with existing and prospective clients.
Notify members of financial opportunities base on banking history resulting in increase upselling

Collection teller example responsibilities.

Calculate gross revenue by location and managing the data in AS400.
Post payments online (AS400).
Type and process Hud-1 forms, applications, and debt-to-income ratio forms.
Assist in processing department in Atm deposits, and encoding of checks, and balancing of branch debits and credits.
Analyze customer's needs, determine appropriate products and services and uncover additional cross-selling opportunities with existing and prospective clients.
Interpret and accurately process customer requests and transactions according to TCF guidelines.

Bank teller vs collection teller skills

Common bank teller skills

Customer Service, 19%
Savings Withdrawals, 8%
Bank Products, 6%
Cash Handling, 6%
Cross-Sell, 5%
Customer Relationships, 4%

Common collection teller skills

Customer Service, 32%
Financial Products, 11%
Travelers Checks, 10%
Delinquent Accounts, 8%
Payment Arrangements, 4%
Wire Transfers, 4%