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The differences between vault tellers and float 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 $32,064 average annual salary of a float teller.
The top three skills for a vault teller include cash handling, quality customer service and operational procedures. The most important skills for a float teller are cash handling, branch management, and excellent client.
| Vault Teller | Float Teller | |
| Yearly salary | $32,352 | $32,064 |
| Hourly rate | $15.55 | $15.42 |
| Growth rate | -12% | -12% |
| Number of jobs | 11,212 | 14,928 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 38% | Bachelor's Degree, 49% |
| Average age | 39 | 39 |
| Years of experience | - | - |
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.
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.
Vault tellers and float tellers have different pay scales, as shown below.
| Vault Teller | Float Teller | |
| Average salary | $32,352 | $32,064 |
| Salary range | Between $26,000 And $39,000 | Between $26,000 And $39,000 |
| Highest paying City | Denver, CO | Pensacola, FL |
| Highest paying state | Massachusetts | Massachusetts |
| Best paying company | NBCUniversal | Santander Bank |
| Best paying industry | Finance | Finance |
There are a few differences between a vault teller and a float teller in terms of educational background:
| Vault Teller | Float Teller | |
| Most common degree | Bachelor's Degree, 38% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between vault tellers' and float tellers' demographics:
| Vault Teller | Float Teller | |
| Average age | 39 | 39 |
| Gender ratio | Male, 19.5% Female, 80.5% | Male, 25.4% Female, 74.6% |
| 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, 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% |