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What is a collection teller and how to become one

Updated January 8, 2025
2 min read
There is more than meets the eye when it comes to being a collection teller. For example, did you know that they make an average of $15.36 an hour? That's $31,959 a year! Between 2018 and 2028, the career is expected to grow -12% and produce -43,700 job opportunities across the U.S.
ScoreCollection TellerUS Average
Salary
2.5

Avg. Salary $31,959

Avg. Salary $59,228

Stability level
8.5

Growth rate -12%

Growth rate 0.3%

Diversity
4.5
Race

American Indian and Alaska Native 0.59%

Asian 6.71%

Black or African American 8.66%

Hispanic or Latino 24.24%

Unknown 3.15%

White 56.64%

Gender

female 85.02%

male 14.98%

Age - 36
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 36
Stress level
8.5

Stress level is very high

7.1 - high

Complexity level
4.9

Complexity level is intermediate

7 - challenging

Work life balance
10.0

Work life balance is excellent

6.4 - fair

Collection teller career paths

Key steps to become a collection teller

  1. Explore collection teller education requirements

    Most common collection teller degrees

    Bachelor's

    33.3 %

    High School Diploma

    31.4 %

    Associate

    26.7 %
  2. Start to develop specific collection teller skills

    SkillsPercentages
    Customer Service32.06%
    Financial Products11.05%
    Travelers Checks10.20%
    Delinquent Accounts8.21%
    Payment Arrangements4.26%
  3. Complete relevant collection teller training and internships

    Accountants spend an average of Less than 1 month on post-employment, on-the-job training. New collection tellers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a collection teller based on U.S. Bureau of Labor Statistics data and data from real collection teller resumes.
  4. Research collection teller duties and 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.
  5. Prepare your collection teller resume

    When your background is strong enough, you can start writing your collection teller resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a collection teller resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose from 10+ customizable collection teller resume templates

    Build a professional collection teller resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your collection teller resume.
    Collection Teller Resume
    Collection Teller Resume
    Collection Teller Resume
    Collection Teller Resume
    Collection Teller Resume
    Collection Teller Resume
    Collection Teller Resume
    Collection Teller Resume
    Collection Teller Resume
  6. Apply for collection teller jobs

    Now it's time to start searching for a collection teller job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first collection teller job

Zippi

Are you a collection teller?

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Average collection teller salary

The average collection teller salary in the United States is $31,959 per year or $15 per hour. Collection teller salaries range between $26,000 and $39,000 per year.

Average collection teller salary
$31,959 Yearly
$15.36 hourly

What am I worth?

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How do collection tellers rate their job?

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Collection teller reviews

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A zippia user wrote a review on May 2019
Pros

Dealing different people and moving one place to another

Cons

Roving teller is a very risky jobs


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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