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The differences between tellers and finance service representatives can be seen in a few details. Each job has different responsibilities and duties. Additionally, a finance service representative has an average salary of $38,361, 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 finance service representative are financial services, patients, and team-oriented environment.
| Teller | Finance Service Representative | |
| Yearly salary | $32,171 | $38,361 |
| Hourly rate | $15.47 | $18.44 |
| Growth rate | -12% | 10% |
| Number of jobs | 16,298 | 220,519 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 60% |
| 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 financial service representative typically works for a bank or a similar establishment. One of their primary responsibilities is to reach out to clients and offer financial advice, services, or products such as insurance and credit cards. They can also set appointments, meet with clients to discuss benefits, and even gather applications. Furthermore, a financial service representative needs to have extensive knowledge of the products and services and be equipped with communication skills to build a rapport that will be essential in securing trust and sales.
Tellers and finance service representatives have different pay scales, as shown below.
| Teller | Finance Service Representative | |
| Average salary | $32,171 | $38,361 |
| Salary range | Between $26,000 And $39,000 | Between $25,000 And $58,000 |
| Highest paying City | Manchester, NJ | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | Security Service Federal Credit Union | Bloomberg |
| Best paying industry | Finance | Government |
There are a few differences between a teller and a finance service representative in terms of educational background:
| Teller | Finance Service Representative | |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | - | University of Pennsylvania |
Here are the differences between tellers' and finance service representatives' demographics:
| Teller | Finance Service Representative | |
| Average age | 39 | 43 |
| Gender ratio | Male, 23.0% Female, 77.0% | Male, 41.2% Female, 58.8% |
| 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, 5.7% Unknown, 4.1% Hispanic or Latino, 11.9% Asian, 10.1% White, 67.9% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 6% |