Exchange teller vs vault teller

The differences between exchange tellers and vault tellers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an exchange teller has an average salary of $38,127, which is higher than the $32,352 average annual salary of a vault teller.

The top three skills for an exchange teller include customer service, foreign currency transactions and bank products. The most important skills for a vault teller are cash handling, quality customer service, and operational procedures.

Exchange teller vs vault teller overview

	Exchange Teller	Vault Teller
Yearly salary	$38,127	$32,352
Hourly rate	$18.33	$15.55
Growth rate	-12%	-12%
Number of jobs	9,050	11,212
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 53%	Bachelor's Degree, 38%
Average age	39	39
Years of experience	-	-

Exchange teller vs vault teller salary

Exchange tellers and vault tellers have different pay scales, as shown below.

	Exchange Teller	Vault Teller
Average salary	$38,127	$32,352
Salary range	Between $23,000 And $62,000	Between $26,000 And $39,000
Highest paying City	-	Denver, CO
Highest paying state	-	Massachusetts
Best paying company	-	NBCUniversal
Best paying industry	-	Finance

Differences between exchange teller and vault teller education

There are a few differences between an exchange teller and a vault teller in terms of educational background:

	Exchange Teller	Vault Teller
Most common degree	Bachelor's Degree, 53%	Bachelor's Degree, 38%
Most common major	Business	Business
Most common college	-	-

Exchange teller vs vault teller demographics

Here are the differences between exchange tellers' and vault tellers' demographics:

	Exchange Teller	Vault Teller
Average age	39	39
Gender ratio	Male, 26.9% Female, 73.1%	Male, 19.5% Female, 80.5%
Race ratio	Black or African American, 8.5% Unknown, 3.3% Hispanic or Latino, 23.7% Asian, 6.8% White, 57.0% American Indian and Alaska Native, 0.6%	Black or African American, 10.5% Unknown, 3.5% Hispanic or Latino, 19.2% Asian, 7.5% White, 58.7% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between exchange teller and vault teller duties and responsibilities

Exchange teller example responsibilities.

Calculate gross revenue by location and managing the data in AS400.
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.

Vault teller example responsibilities.

Process ATM transactions and reconcile negotiable instruments.
Coordinate accurate balancing and processing of ATM transactions.
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.

Exchange teller vs vault teller skills

Common exchange teller skills

Customer Service, 27%
Foreign Currency Transactions, 23%
Bank Products, 18%
Cash Handling, 10%
Wire Transfers, 7%
Customer Transactions, 5%

Common vault teller skills

Cash Handling, 11%
Quality Customer Service, 8%
Operational Procedures, 8%
Internal Controls, 8%
Performance Reviews, 7%
Foreign Currency, 7%