Post job

How to hire a vault teller

Vault teller hiring summary. Here are some key points about hiring vault tellers in the United States:

  • There are currently 341,898 vault tellers in the US, as well as 11,212 job openings.
  • Vault tellers are in the highest demand in Charlotte, NC, with 4 current job openings.
  • The median cost to hire a vault teller is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • Human Resources use 15% of their expenses on recruitment on average.
  • On average, it takes around 12 weeks for a new vault teller to become settled and show total productivity levels at work.

How to hire a vault teller, step by step

To hire a vault teller, consider the skills and experience you are looking for in a candidate, allocate a budget for the position, and post and promote the job opening to reach potential candidates. Follow these steps to hire a vault teller:

Here's a step-by-step vault teller hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a vault teller job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new vault teller
  • Step 8: Go through the hiring process checklist

What does a vault teller do?

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.

Learn more about the specifics of what a vault teller does
jobs
Post a vault teller job for free, promote it for a fee
  1. Identify your hiring needs

    The vault teller hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    A vault teller's background is also an important factor in determining whether they'll be a good fit for the position. For example, vault tellers from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

    This list shows salaries for various types of vault tellers.

    Type of Vault TellerDescriptionHourly rate
    Vault TellerTellers are responsible for accurately processing routine transactions at a bank. These transactions include cashing checks, depositing money, and collecting loan payments.$12-18
    Universal BankerA universal banker's role is to provide banking assistance to clients by performing a wide range of tasks, ensuring timeliness and customer satisfaction. Their responsibilities revolve around handling and processing accounts, accomplishing requests from clients, and addressing inquiries and complaints, responding to them promptly and efficiently... Show more$12-22
    Bank RepresentativeA bank representative works to assist clients, aiming to provide optimal banking services and build positive client relationships. Their duties include greeting and identifying the clients' needs, answering inquiries, giving clear instructions, and discussing banking terms... Show more$13-19
  2. Create an ideal candidate profile

    Common skills:
    • Cash Handling
    • Quality Customer Service
    • Operational Procedures
    • Internal Controls
    • Performance Reviews
    • Foreign Currency
    • Business Transactions
    • Operational Functions
    • ATM
    • Cash Control
    • Financial Transactions
    • Loan Payments
    • Cash Management
    • Risk Management Policies
    Check all skills
    Responsibilities:
    • Process ATM transactions and reconcile negotiable instruments.
    • Coordinate accurate balancing and processing of ATM transactions.
    • Analyze customer's needs, determine appropriate products and services and uncover additional cross-selling opportunities with existing and prospective clients.
    • Interpret and accurately process customer requests and transactions according to TCF guidelines.
    More vault teller duties
  3. Make a budget

    Including a salary range in your vault teller job description is a great way to entice the best and brightest candidates. A vault teller salary can vary based on several factors:
    • Location. For example, vault tellers' average salary in tennessee is 26% less than in massachusetts.
    • Seniority. Entry-level vault tellers earn 33% less than senior-level vault tellers.
    • Certifications. A vault teller with a few certifications under their belt will likely demand a higher salary.
    • Company. Working for a prestigious company or an exciting start-up can make a huge difference in a vault teller's salary.

    Average vault teller salary

    $15.55hourly

    $32,352 yearly

    Entry-level vault teller salary
    $26,000 yearly salary
    Updated December 5, 2025

    Average vault teller salary by state

    RankStateAvg. salaryHourly rate
    1Colorado$36,516$18
    2Oregon$34,418$17
    3New York$34,318$17
    4Virginia$34,193$16
    5Michigan$33,378$16
    6Alaska$33,126$16
    7Florida$33,046$16
    8Minnesota$33,000$16
    9Illinois$32,785$16
    10North Dakota$32,664$16
    11Wisconsin$32,657$16
    12Georgia$32,357$16
    13Montana$31,188$15
    14Iowa$31,090$15
    15Nebraska$31,081$15
    16Kansas$31,027$15
    17North Carolina$30,684$15
    18Alabama$30,072$14
    19Missouri$29,823$14
    20Louisiana$29,161$14

    Average vault teller salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1NBCUniversal$35,005$16.83
    2Fifth Third Bank$33,681$16.194
    3U.S. Bank$33,244$15.984
    4Bankers Trust Company$32,425$15.59
    5Loomis Group$31,753$15.2779
    6INTRUST Bank$31,603$15.191
    7Towne Bank$31,157$14.981
    8Centris Federal Credit Union$31,005$14.919
    9Rochester Armored Car$30,577$14.70
    10Brink's$30,543$14.684
    11Remote$30,406$14.62
    12Robert Half$30,034$14.444
    13Fox Communities Credit Union$29,141$14.01
    14Mid Minnesota Federal Credit Union$27,735$13.331
    15FreeStar Financial$27,384$13.17
    16SMG Holdings$27,344$13.15
  4. Writing a vault teller job description

    A vault teller job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a vault teller job description:

    Vault teller job description example

    1. Accurately and efficiently complete all members or account related forms and forward to appropriate

    department for action and/or filing.

    2. Maintain usage proficiency on all member-related third party systems and software including the maintenance of member records. These systems include but are not limited to member check ordering, ATM/Debit card ordering and maintenance, account and identity verification, etc.

    3. Possess and maintain knowledge of all credit union products, services, policies and procedures so that they can be effectively communicated to the employees and members.

    4. Must be available to travel to any branch location for support as requested by management, as well as work on Saturdays when needed.

    5. Assist with the opening/closing of the branch office as necessary.

    6. Must have excellent communication skills with Branch Managers, co-workers, subordinates and members.

    Knowledge and Skills:

    Experience : One year to three years of similar or related experience.

    Education: A high school education or GED; one to two years college preferred. Must be knowledgeable of Bank Secrecy Act and Anti-Money Laundering regulations and requirements.

    Interpersonal Skills: Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.

    Other Skills: customer service skills Detail-oriented, Multi-tasking ability

    Physical Requirements:

    While performing the duties of the job, the employee is regularly required to :

    -position self to move about the work area

    -reach, grab, sort

    -communicate in person and via telephone with others

    -identify and recognize small font communication

    -ability to transport a minimum of 10 pounds

  5. Post your job

    To find the right vault teller for your business, consider trying out a few different recruiting strategies:

    • Consider internal talent. One of the most important sources of talent for any company is its existing workforce.
    • Ask for referrals. Reach out to friends, family members, and current employees and ask if they know or have worked with vault tellers they would recommend.
    • Recruit at local colleges. Attend job fairs at local colleges to recruit vault tellers who meet your education requirements.
    • Social media platforms. LinkedIn, Facebook and Twitter now have more than 3.5 billion users, and you can use social media to reach potential job candidates.
    Post your job online:
    • Post your vault teller job on Zippia to find and attract quality vault teller candidates.
    • Use niche websites such as efinancialcareers, financialjobsweb.com, careerbank, financial job bank.
    • Post a job on free websites.
  6. Interview candidates

    To successfully recruit vault tellers, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.

    It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new vault teller

    Once you have selected a candidate for the vault teller position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.

    It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.

    Once that's done, you can draft an onboarding schedule for the new vault teller. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
    Sign up to download full list

How much does it cost to hire a vault teller?

Before you start to hire vault tellers, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire vault tellers pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.

You can expect to pay around $32,352 per year for a vault teller, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for vault tellers in the US typically range between $12 and $18 an hour.

Find better vault tellers in less time
Post a job on Zippia and hire the best from over 7 million monthly job seekers.

Hiring vault tellers FAQs

Search for vault teller jobs

Ready to start hiring?

Browse office and administrative jobs