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The differences between tellers and vault tellers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a vault teller has an average salary of $32,352, 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 vault teller are cash handling, quality customer service, and operational procedures.
| Teller | Vault Teller | |
| Yearly salary | $32,171 | $32,352 |
| Hourly rate | $15.47 | $15.55 |
| Growth rate | -12% | -12% |
| Number of jobs | 16,298 | 11,212 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 38% |
| 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 vault teller is responsible for processing bank and vault transactions, ensuring accuracy and timeliness. Their duties primarily revolve around customer service and staff support, preparation of shipment and deliveries, money transfer transactions, and handling deposits. A vault teller must also perform administrative tasks such as maintaining daily cash levels on ATMs, responding to calls and correspondence, producing progress reports, and maintaining an accurate record of all transactions. Furthermore, it is essential to verify and monitor all currency in vaults in adherence to the bank's standards and policies.
Tellers and vault tellers have different pay scales, as shown below.
| Teller | Vault Teller | |
| Average salary | $32,171 | $32,352 |
| Salary range | Between $26,000 And $39,000 | Between $26,000 And $39,000 |
| Highest paying City | Manchester, NJ | Denver, CO |
| Highest paying state | New Jersey | Massachusetts |
| Best paying company | Security Service Federal Credit Union | NBCUniversal |
| Best paying industry | Finance | Finance |
There are a few differences between a teller and a vault teller in terms of educational background:
| Teller | Vault Teller | |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 38% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between tellers' and vault tellers' demographics:
| Teller | Vault Teller | |
| Average age | 39 | 39 |
| Gender ratio | Male, 23.0% Female, 77.0% | Male, 19.5% Female, 80.5% |
| 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, 10.5% Unknown, 3.5% Hispanic or Latino, 19.2% Asian, 7.5% White, 58.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |