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The differences between tellers and float tellers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a teller has an average salary of $32,171, which is higher than the $32,064 average annual salary of a float teller.
The top three skills for a teller include cash handling, customer service and financial transactions. The most important skills for a float teller are cash handling, branch management, and excellent client.
| Teller | Float Teller | |
| Yearly salary | $32,171 | $32,064 |
| Hourly rate | $15.47 | $15.42 |
| Growth rate | -12% | -12% |
| Number of jobs | 16,298 | 14,928 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 49% |
| Average age | 39 | 39 |
| Years of experience | - | - |
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 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.
Tellers and float tellers have different pay scales, as shown below.
| Teller | Float Teller | |
| Average salary | $32,171 | $32,064 |
| Salary range | Between $26,000 And $39,000 | Between $26,000 And $39,000 |
| Highest paying City | Manchester, NJ | Pensacola, FL |
| Highest paying state | New Jersey | Massachusetts |
| Best paying company | Security Service Federal Credit Union | Santander Bank |
| Best paying industry | Finance | Finance |
There are a few differences between a teller and a float teller in terms of educational background:
| Teller | Float Teller | |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between tellers' and float tellers' demographics:
| Teller | Float Teller | |
| Average age | 39 | 39 |
| Gender ratio | Male, 23.0% Female, 77.0% | Male, 25.4% Female, 74.6% |
| 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, 10.1% Unknown, 3.5% Hispanic or Latino, 15.2% Asian, 7.4% White, 63.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |