Banker teller salary: Bank Teller Salary in Pennsylvania – $39,500

Bank Teller Salary in Pennsylvania – $39,500

Mint salariesBank TellerPennsylvania

Average salary

$39,500/yr

Based on 3,034 income tax records

$18,500

$206,500

Age:

Average salary by age

18-25

26-35

36-45

46-55

56+

$18,500

$206,500

How much do Bank Tellers make?

The average total salary for a Bank Teller is $39,500 per year. This is based on data from 3,034 TurboTax users who reported their occupation as Bank Teller and includes taxable wages, tips, bonuses, and more. Bank Teller salary can vary between $18,500 to $206,500 depending on factors including education, skills, experience, employer & location. Read more

Learn more about Mint Salary

DATA PROVIDED BY

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

Similar Occupations

Bank Teller salary by location

View as a list

Bank Teller salary by company

Employer

Average salary per year*

Salary range**

Firstrust Savings Bank, Pennsylvania

13 income tax records

$90,500/yr

$32K – $327K

JPMorgan Chase, Pennsylvania

56 income tax records

$89,000/yr

$29K – $334K

Bryn Mawr Trust Co, Pennsylvania

18 income tax records

$69,500/yr

$25K – $216K

Bny Mellon Na, Pennsylvania

10 income tax records

$65,000/yr

$42K – $114K

Customers Bank, Pennsylvania

10 income tax records

$63,000/yr

$41K – $266K

Wilmington Savings, Pennsylvania

18 income tax records

$60,500/yr

$32K – $182K

Univest Financial, Pennsylvania

24 income tax records

$57,500/yr

$29K – $148K

Bank Of New York Mellon, Pennsylvania

53 income tax records

$57,500/yr

$33K – $256K

Bank Of America, Pennsylvania

60 income tax records

$54,000/yr

$36K – $239K

St Bank, Pennsylvania

42 income tax records

$49,000/yr

$22K – $219K

Citadel Federal Credit Union, Pennsylvania

12 income tax records

$49,000/yr

$32K – $113K

PNC Financial Services Group, Pennsylvania

451 income tax records

$47,500/yr

$24K – $255K

Santander Holdings USA, Pennsylvania

54 income tax records

$46,000/yr

$22K – $233K

Fulton Bank Na, Pennsylvania

91 income tax records

$44,500/yr

$26K – $161K

Orrstown Bank, Pennsylvania

18 income tax records

$43,500/yr

$22K – $149K

Citizens Northern Bank, Pennsylvania

19 income tax records

$42,500/yr

$21K – $173K

M&T Bank, Pennsylvania

94 income tax records

$42,000/yr

$22K – $163K

Citizens Bank, Pennsylvania

159 income tax records

$40,000/yr

$22K – $162K

Franklin Mint Federal Credit Uni, Pennsylvania

14 income tax records

$39,500/yr

$28K – $55K

Truist Financial, Pennsylvania

91 income tax records

$39,000/yr

$23K – $173K

The Huntington National Bank, Pennsylvania

17 income tax records

$39,000/yr

$29K – $268K

TD Ameritrade, Pennsylvania

87 income tax records

$38,000/yr

$18K – $182K

Wells Fargo, Pennsylvania

150 income tax records

$38,000/yr

$19K – $209K

Vist Bank, Pennsylvania

10 income tax records

$37,000/yr

$30K – $90K

KeyBank, Pennsylvania

43 income tax records

$36,500/yr

$19K – $120K

Dollar Bank Fsb, Pennsylvania

20 income tax records

$36,000/yr

$24K – $242K

Mid Penn Bank, Pennsylvania

11 income tax records

$35,000/yr

$27K – $74K

Cnb Bank, Pennsylvania

25 income tax records

$34,500/yr

$21K – $147K

Police Fire Federal, Pennsylvania

24 income tax records

$33,500/yr

$23K – $62K

First Commonwealth Bank, Pennsylvania

41 income tax records

$33,000/yr

$18K – $87K

Members 1St Federal Credit Union, Pennsylvania

48 income tax records

$33,000/yr

$18K – $57K

First National Bank Of Pennsyl, Pennsylvania

102 income tax records

$31,000/yr

$18K – $152K

Somerset Trust Company, Pennsylvania

17 income tax records

$30,500/yr

$19K – $85K

Community Bank System, Pennsylvania

12 income tax records

$29,000/yr

$19K – $66K

Northwest Bank, Pennsylvania

66 income tax records

$26,500/yr

$16K – $99K

Bank Teller demographics in Pennsylvania

57% are single

43% are married

40% have kids

47% own a home

Effective Tax Rates for Bank Tellers in Pennsylvania

3,034 full-time salaries from 2019

FAQS

The average salary for a bank teller in Pennsylvania is $39,500 per year. Bank teller salaries
in Pennsylvania can vary between $18,500 to $206,500 and depend on various factors, including skills, experience, employer, bonuses,
tips, and more.

Was this helpful?

This data is exclusive to Mint Salary and is based on 3,034 tax returns from TurboTax customers
who reported their occupation as bank teller.

Was this helpful?

The following companies offer the highest salaries for bank tellers in Pennsylvania:
Firstrust Savings Bank ($90,500 a year),
JPMorgan Chase ($89,000 a year),
and Bryn Mawr Trust Co ($69,500 a year).

Was this helpful?

The following cities offer the highest salaries for bank tellers in Pennsylvania:
Morrisville, PA ($85,000 a year),
Gibsonia, PA ($83,500 a year),
and West Chester, PA ($80,000 a year).

Was this helpful?

Other Occupations

See more

*

Total salary amounts here include total taxable wages, tips, prizes and other compensation. Salaries here are not representative of the total population and may reflect different levels of experience or education. Learn more

**

Total salary ranges shown here exclude outliers.

Bank Teller Salary (Actual 2023 | Projected 2024)

Salary

Bank Teller
Salary in The United States

4.6

43
votes
for Bank Teller Salary

The average Bank Teller Salary in The United States is $38,400 per year. Salaries range from $28,800 to $48,000.
The average Bank Teller Hourly Wage is $12.00 per hour. Hourly wages range from $9.00 to $15.00.
Salaries and wages depend on multiple factors including geographic location, experience, seniority, industry, education etc.

What is the

Average Annual Salary of Bank Teller in The United States?

$38,400
/ year

Avg. Salary (USD)

What is the

Average Hourly Wage of Bank Teller in The United States?

$12.00
/ hour

Avg. Hourly Wage (USD)

Wage	Hourly Compensation
Highest Hourly Wage of Bank Teller in The United States	$15.00
Average Hourly Wage of Bank Teller in The United States	$12.00
Lowest Hourly Wage of Bank Teller in The United States	$9. 00

Where do

Bank Tellers earn more in The United States?

Where do

Bank Tellers earn more in The United States?

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What does a personal banker do? (with skills and salary) • BUOM

November 11, 2021

Personal Bankers provide services to new clients who wish to open a bank account or existing clients who wish to manage their accounts with a financial institution. These professionals also help clients apply for loans and provide financial advice. If you are interested in starting a career in finance, consider working in retail banking. In this article, we define what a personal banker is, explain what they do, and provide more information about this career, such as skills that can help you succeed, the salary you can expect, and job prospects. .

What is a personal banker?

A personal banker is a financial professional who assists clients in a financial institution such as a bank. They assist new and existing clients with opening new bank accounts, answer banking questions, and provide assistance with financial products such as loan options and applications. Personal bankers also help clients set up their bank accounts. Another term for a personal banker may include an agent for the sale of securities, goods, and financial services.

A career in personal banking may require a bachelor’s degree in economics or finance. It is also helpful to have existing knowledge of financial services and banking. Before becoming a personal banker, many professionals may work as bank tellers or other entry-level positions at other financial institutions.

What does a personal banker do?

Here are some general responsibilities of personal bankers:

Sale of assets and investment products

Personal bankers promote and sell various investment products and assets. These can be bonds, stocks and financial contracts, as well as other financial products. Personal bankers may also offer advice to clients who lack knowledge about investments or other aspects of finance and banking.

College Planning Assistance

A personal banker can help parents plan their children’s education. This may include setting up a tax-free college savings account. They can also help parents create a plan to keep the account funded so that the account balance can cover tuition costs when their children are ready to go to college.

Open and close accounts

Personal bankers help clients open new savings and checking accounts. They may work with brand new clients or help existing clients with additional accounts. Personal bankers can also help clients close accounts.

Offer a mortgage or loan

Some private bankers sell loans and mortgage products. Bankers can only access loans and interest rates from the bank they work for and not from any other financial institution. To offer these financial products, these professionals may require a special license.

Make retirement planning easier

Personal bankers help professionals plan retirement. This may include placing funds in a savings account and controlling spending. Personal bankers also sell Individual Retirement Accounts (IRAs) and help with annuity payments to clients planning for retirement.

Act as a bank teller

Personal bankers often take on the standard duties of a bank teller. This may include helping bank officials with banking problems, handling funds, and providing customer support. Personal bankers can also assist clients with day-to-day banking transactions.

Refer clients to specific financial experts

A personal banker can refer clients to colleagues with specialized financial knowledge. This may include referring clients who require the assistance of an insurance agent, debt counselor, or accountant. This can ensure that customers get exactly the help they need, which can increase their satisfaction with your customer service.

Essential Skills for Personal Bankers

Here are some skills that can be vital to the success of personal bankers:

Communication

Personal bankers often develop comprehensive verbal and written communication skills to help them serve clients. Strong communication skills can help clients understand financial terms and products they have never encountered before. For example, personal bankers may rely on their communication skills to clearly describe the bank’s policies and financial products to clients.

Organizational skills

As a personal banker, it is important to be well organized. Bankers often deal with information about many clients, so strategically organizing contacts and financial information is vital to their success. Proper organization also helps bankers keep track of their clients’ needs and keep track of their own tasks.

Customer Service

Personal bankers often need to excel in customer service. They can answer the banking questions of many customers and provide support. Customer service skills can also help clients feel comfortable and confident that they are dealing with a financial expert.

Self-motivation

The ability to motivate yourself can be an important skill for personal bankers. Since they may be working on complex tasks such as customer acquisition, using motivational techniques can help these professionals succeed. Personal bankers can also rely on their motivational skills to help them get through their busy days more effectively.

Data entry

Personal bankers use data entry skills to process customer information. Data entry may involve the use of multiple banking software systems to enter and track customer account data. Therefore, it is very important that personal bankers understand how to enter data correctly.

Sales

Understanding sales and negotiation tactics is essential for personal bankers. They use these skills to market their services and help clients make the best investment decisions for their needs. Personal bankers can benefit from sales techniques when describing financial products or offering additional services to clients.

Computer skills

Banks often store customer information electronically, so personal bankers may require extensive knowledge of various banking programs and databases. It is imperative that they understand how to properly access and use these systems. Basic computer skills can also help personal bankers interact with clients virtually.

Attention to detail

Personal bankers handle sensitive information such as customer account details, applications and contact information. Therefore, it is essential that these professionals can enter information without errors. Great attention to detail can help the banker avoid mistakes that could negatively affect the client or the bank itself.

Salary and job prospects for a personal banker

The average salary of a personal banker in the country is 31 29$4 a year. However, this amount may vary depending on the specialist’s experience, education, location, and employer. According to the US Bureau of Labor Statistics, employment in this profession could increase by 5% between 2020 and 2030. It is predicted that 21,500 new vacancies could be opened across the country each year.

pros and cons of the profession, salary

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• Banking specialist: pros and cons of the profession, salary

Content:

1. Functions
2. Advantages of the profession
3. Disadvantages of specialty
4. Wage level

It is difficult to meet a person who does not want to work in a bank. This situation has formed in the domestic labor market over the past two or three decades. It was the result of the active and very rapid development of the country’s banking sector, which continues to this day. Its logical result is the demand for banking professionals. Therefore, it makes sense to consider the features, pros and cons of the profession in more detail.

Responsibilities

The concept of a banking specialist includes an extensive list of positions necessary for the normal functioning of any bank. Among them are a cashier, an operator, an employee of the credit department, an accountant and many others. But do not forget about additional employment opportunities for a specialist, for example, as an auditor, an employee of an insurance company or a stock market analyst.

Obviously, each of the listed specialties has its own set of job responsibilities. Its expected consequence is a high level of requirements for the professional training of an employee, as well as the obligatory presence of the ability to self-study.

Advantages of the profession

The first advantage of the profession is the prestige mentioned above. But the benefits of training as a banking specialist do not end there. An important advantage is the possibility of starting a professional activity without higher education – after successfully graduating from college. This career path has become popular in the last few years. The reasons are the receipt of several serious advantages, the main of which are the following:

• Early entry into formal professional activities. It is quite possible to find a job in your specialty at the age of 18 or 19.
• A large number of prestigious colleges that train to become a specialist in banking. Among them there are colleges opened at serious and most famous universities in Russia, which becomes the basis for obtaining another important plus, indicated next in the list.
• Benefits for admission to the parent institute or university. In fact, college education becomes preparation not only for professional activities, but also for unproblematic enrollment in university students. The condition for this is a competent choice of a college, for example, it can be the College of World Economy and Advanced Technologies ( KMEPT – at IMES.
• Opportunity to combine work in a bank and further education in order to obtain a higher education. This is achieved through distance training, which is conducted today by almost all major colleges and universities.

Education as a specialist in banking has several other important advantages, which include:

• High wages. The domestic banking sector is traditionally among the leaders in this indicator. A significant bonus is the linking of earnings and performance of a particular employee or the bank as a whole.
• The versatility of the profession. Obtaining a specialty provides an opportunity to find a job not only in a bank, but also in other organizations, including insurance and brokerage companies, audit firms, etc.
• Career prospects. Getting a higher education while simultaneously working in a specialty allows you to eventually take any, even the highest position in a bank, including a manager or chief accountant.
• Comfortable working conditions. Bank offices are traditionally and quite rightly considered the most suitable for work. This is achieved by equipping workplaces with the most modern computer and office equipment, high-quality finishes and efficient engineering communications.

Such an impressive and long list of advantages is a serious argument for choosing the profession of a banker. But the adoption of such a decision requires a careful study of the shortcomings, without which no specialty can do either.

Disadvantages of the specialty

Any position in a bank or other financial organization is inevitably accompanied by serious liability. This becomes a key disadvantage of the profession. Overcoming or neutralizing it requires not only the ability to work with numbers, but also the ability to withstand stressful loads.

Other significant shortcomings of professional activity in the banking sector are such as:

• The need to comply with the dress code. Similar rules are established by the order of almost all domestic banks.
• Sedentary work. It acts as an extremely unfavorable factor for the health of the worker. Complemented by frequent stress, and therefore provides for the need for physical education and an active lifestyle. Otherwise, it is almost impossible to avoid health problems.
• Low salary at the initial stages of professional activity.