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Lead teller vs float teller

The differences between lead tellers and float tellers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a lead teller has an average salary of $42,554, which is higher than the $32,064 average annual salary of a float teller.

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

Lead teller vs float teller overview

Lead TellerFloat Teller
Yearly salary$42,554$32,064
Hourly rate$20.46$15.42
Growth rate-12%-12%
Number of jobs10,01514,928
Job satisfaction--
Most common degreeBachelor's Degree, 44%Bachelor's Degree, 49%
Average age3939
Years of experience--

What does a lead teller do?

A lead teller is an exceptional bank teller who performs various tasks in the bank. Lead tellers handle and supervise the team of tellers in the organization. They oversee the other tellers and see to it that jobs are correctly executed. Their duties include cash drawer maintenance, new teller training, and information communicator to bank officials. Also, they are the ones who interact with customers and resolve any bank-related problems that may arise.

What does a float teller do?

A float teller typically works at different understaffed banks for a limited amount of time. Just like most tellers, their responsibilities usually include assisting clients by answering inquiries, processing withdrawals and deposits, opening and closing accounts, directing clients to banking personnel, offering products and services, or referring them to other offices when necessary. They also perform clerical tasks such as handling calls and correspondence, organizing files, preparing documents, and liaising with internal and external parties. Moreover, a float teller must maintain an active communication line with co-workers for a smooth and efficient workflow.

Lead teller vs float teller salary

Lead tellers and float tellers have different pay scales, as shown below.

Lead TellerFloat Teller
Average salary$42,554$32,064
Salary rangeBetween $22,000 And $78,000Between $26,000 And $39,000
Highest paying CityManchester, NJPensacola, FL
Highest paying stateNew JerseyMassachusetts
Best paying companyWestern UnionSantander Bank
Best paying industryFinanceFinance

Differences between lead teller and float teller education

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

Lead TellerFloat Teller
Most common degreeBachelor's Degree, 44%Bachelor's Degree, 49%
Most common majorBusinessBusiness
Most common college--

Lead teller vs float teller demographics

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

Lead TellerFloat Teller
Average age3939
Gender ratioMale, 24.1% Female, 75.9%Male, 25.4% Female, 74.6%
Race ratioBlack or African American, 8.5% Unknown, 3.3% Hispanic or Latino, 23.8% Asian, 6.8% White, 57.0% American Indian and Alaska Native, 0.6%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%
LGBT Percentage7%7%

Differences between lead teller and float teller duties and responsibilities

Lead teller example responsibilities.

  • Achieve quarterly sale goals through upselling and referrals to financial specialist.
  • Assist tellers with completion of CRT and BSA forms.
  • Prepare and review currency transaction, secrecy act, and monetary instrument reports.
  • Ensure tellers are aware of BSA requirements and the branch are compliant in transactions.
  • Separate currency, coins and check deposits receive from banks, ATM, and commercial customers providing accurate count by denomination.
  • Perform customer transactions, balance vault and ATM, assemble mailers, update mailing lists, order supplies for branch etc.
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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.
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Lead teller vs float teller skills

Common lead teller skills
  • Customer Service, 15%
  • Financial Transactions, 8%
  • Cash Handling, 8%
  • Customer Interaction, 7%
  • Product Knowledge, 7%
  • Security Procedures, 5%
Common float teller skills
  • Cash Handling, 12%
  • Branch Management, 9%
  • Excellent Client, 9%
  • Math, 7%
  • Bank Products, 6%
  • Customer Service, 6%

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