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The differences between tellers and bankers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a banker has an average salary of $44,463, which is higher than the $32,171 average annual salary of a teller.
The top three skills for a teller include cash handling, customer service and financial transactions. The most important skills for a banker are taking care, financial services, and securities.
| Teller | Banker | |
| Yearly salary | $32,171 | $44,463 |
| Hourly rate | $15.47 | $21.38 |
| Growth rate | -12% | 10% |
| Number of jobs | 16,298 | 29,725 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 56% |
| Average age | 39 | 43 |
| Years of experience | - | 4 |
Tellers are bank employees who handle face-to-face or in-person transactions of clients. They are the bank's front liners, and they interact with clients on a daily basis. They process requests related to the clients' bank accounts, including, but not limited to, opening and closing accounts, withdrawing and depositing cash and checks, processing loan requests, accepting payments, validating transactions, and answering any other questions that a client may have. They should also be familiar with the bank's products and services. Tellers should have good customer service skills, attention to detail, and basic accounting skills.
A banker is primarily responsible for assisting clients with their banking needs, particularly when withdrawing, depositing, and paying. Aside from handling transactions, bankers are also mainly responsible for opening and closing accounts, processing requirements, verifying the validity of documentation, recommending services and other financial options to clients, and resolving inquiries and concerns. A banker may answer calls and correspondence, coordinate with other banking personnel, maintain accurate data, and discuss conditions to clients thoroughly. Furthermore, because a banker mainly works with clients, it is essential to attain customer satisfaction.
Tellers and bankers have different pay scales, as shown below.
| Teller | Banker | |
| Average salary | $32,171 | $44,463 |
| Salary range | Between $26,000 And $39,000 | Between $20,000 And $97,000 |
| Highest paying City | Manchester, NJ | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | Security Service Federal Credit Union | Citi |
| Best paying industry | Finance | Finance |
There are a few differences between a teller and a banker in terms of educational background:
| Teller | Banker | |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 56% |
| Most common major | Business | Business |
| Most common college | - | University of Pennsylvania |
Here are the differences between tellers' and bankers' demographics:
| Teller | Banker | |
| Average age | 39 | 43 |
| Gender ratio | Male, 23.0% Female, 77.0% | Male, 46.3% Female, 53.7% |
| Race ratio | Black or African American, 9.5% Unknown, 3.4% Hispanic or Latino, 21.2% Asian, 7.2% White, 58.1% American Indian and Alaska Native, 0.6% | Black or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.4% Asian, 12.3% White, 66.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 6% |