Float teller vs collection teller

The differences between float tellers and collection tellers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a float teller has an average salary of $32,064, which is higher than the $31,959 average annual salary of a collection teller.

The top three skills for a float teller include cash handling, branch management and excellent client. The most important skills for a collection teller are customer service, financial products, and travelers checks.

Float teller vs collection teller overview

	Float Teller	Collection Teller
Yearly salary	$32,064	$31,959
Hourly rate	$15.42	$15.36
Growth rate	-12%	-12%
Number of jobs	14,928	11,728
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 49%	Bachelor's Degree, 33%
Average age	39	39
Years of experience	-	-

Float teller vs collection teller salary

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

	Float Teller	Collection Teller
Average salary	$32,064	$31,959
Salary range	Between $26,000 And $39,000	Between $26,000 And $39,000
Highest paying City	Pensacola, FL	-
Highest paying state	Massachusetts	-
Best paying company	Santander Bank	-
Best paying industry	Finance	-

Differences between float teller and collection teller education

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

	Float Teller	Collection Teller
Most common degree	Bachelor's Degree, 49%	Bachelor's Degree, 33%
Most common major	Business	Business
Most common college	-	-

Float teller vs collection teller demographics

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

	Float Teller	Collection Teller
Average age	39	39
Gender ratio	Male, 25.4% Female, 74.6%	Male, 15.0% Female, 85.0%
Race ratio	Black or African American, 10.1% Unknown, 3.5% Hispanic or Latino, 15.2% Asian, 7.4% White, 63.2% 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 float teller and collection teller duties and responsibilities

Float teller example responsibilities.

Verify signatures and customer account balances; and inspect all checks, bonds, and money orders.
Generate bank revenue through cross-selling of financial products.
Process deposit and withdrawal requests, in person, through night depository, and ATM transactions.
File expense reports, reconcile teller drawer and assist in accurately balancing vault, ATM and cash dispensers.
Analyze customer's needs, determine appropriate products and services and uncover additional cross-selling opportunities with existing and prospective clients.
Complete assigned duties such as safe deposit, merchant/vault, TCD balancing, ATM processing, and night drop.

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.

Float teller vs collection teller skills

Common float teller skills

Cash Handling, 12%
Branch Management, 9%
Excellent Client, 9%
Math, 7%
Bank Products, 6%
Customer Service, 6%

Common collection teller skills

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