Vault teller vs collection teller

The differences between vault tellers and collection 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 $31,959 average annual salary of a collection teller.

The top three skills for a vault teller include cash handling, quality customer service and operational procedures. The most important skills for a collection teller are customer service, financial products, and travelers checks.

Vault teller vs collection teller overview

	Vault Teller	Collection Teller
Yearly salary	$32,352	$31,959
Hourly rate	$15.55	$15.36
Growth rate	-12%	-12%
Number of jobs	11,212	11,728
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 38%	Bachelor's Degree, 33%
Average age	39	39
Years of experience	-	-

Vault teller vs collection teller salary

Vault tellers and collection tellers have different pay scales, as shown below.

	Vault Teller	Collection Teller
Average salary	$32,352	$31,959
Salary range	Between $26,000 And $39,000	Between $26,000 And $39,000
Highest paying City	Denver, CO	-
Highest paying state	Massachusetts	-
Best paying company	NBCUniversal	-
Best paying industry	Finance	-

Differences between vault teller and collection teller education

There are a few differences between a vault teller and a collection teller in terms of educational background:

	Vault Teller	Collection Teller
Most common degree	Bachelor's Degree, 38%	Bachelor's Degree, 33%
Most common major	Business	Business
Most common college	-	-

Vault teller vs collection teller demographics

Here are the differences between vault tellers' and collection tellers' demographics:

	Vault Teller	Collection Teller
Average age	39	39
Gender ratio	Male, 19.5% Female, 80.5%	Male, 15.0% Female, 85.0%
Race ratio	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%	Black or African American, 8.7% Unknown, 3.1% Hispanic or Latino, 24.2% Asian, 6.7% White, 56.6% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between vault teller and collection teller duties and responsibilities

Vault teller example 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.

Collection teller example responsibilities.

Calculate gross revenue by location and managing the data in AS400.
Post payments online (AS400).
Type and process Hud-1 forms, applications, and debt-to-income ratio forms.
Assist in processing department in Atm deposits, and encoding of checks, and balancing of branch debits and credits.
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.

Vault teller vs collection teller skills

Common vault teller skills

Cash Handling, 11%
Quality Customer Service, 8%
Operational Procedures, 8%
Internal Controls, 8%
Performance Reviews, 7%
Foreign Currency, 7%

Common collection teller skills

Customer Service, 32%
Financial Products, 11%
Travelers Checks, 10%
Delinquent Accounts, 8%
Payment Arrangements, 4%
Wire Transfers, 4%