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Bank Teller

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AVG. SALARY

$30,680

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EDUCATION

High school (GED) +

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JOB OUTLOOK

Stable

What They Do

Tellers Career Video

Insider Info

Nowadays, most of our daily banking can be done online, by phone or with a quick trip to the ATM. But, for more complicated banking needs, or for those who prefer to deal with a live person, there are customer service representatives (CSRs).

Also known as tellers, CSRs are the front-line staff at financial institutions.

CSRs help clients with their day-to-day banking needs. They process cash deposits, withdrawals, checks and money transfers. They assist clients in paying their bills. They may also open and close accounts for clients.

It's important for CSRs to have a good understanding of their bank's services. Often they're the first people clients contact with questions. They're also the first points of contact if something doesn't add up in a client's account. So, good people skills are important for CSRs.

Much of the work traditionally done by CSRs can now be done through online banking, telephone banking or an ATM. The volume of clients seeking face-to-face service has dropped. This trend has led to some changes for CSRs.

At many banks, CSRs are now responsible for sales, in addition to their traditional banking responsibilities. They're trained to match clients to financial products and services. This could include referring clients to financial advisors, personal bankers or credit managers.

"Being the first and sometimes the only point of contact for the majority of customers, CSRs play a vital role in referring clients to the personal bankers, encouraging clients to sign up for monthly service packages, credit cards, credit lines, mortgages, insurance and other products," says Shruti Jumani. She works on a banking team for a securities company. She came to the job after gaining experience as a CSR at a bank.

CSRs typically find work at banks, savings institutions or credit unions, as well as other finance and insurance companies. They work in office environments and use computers most of the day. A 40-hour work week is common. Part-time work is also available. Most CSRs work regular business hours; however, some jobs require weekend and evening shifts.

CSRs work on their feet most of the day. They walk around a lot and open vaults and safes. "Most banks provide chairs, but the nature of the job makes it difficult to sit often," says Jumani.

More physical work may be required of CSRs who are responsible for cash custody. These workers load cash into ATMs. They also send and receive shipments of cash and coins, which can be heavy. Vault doors are also heavy to push open and close.

"It is entirely possible for a person with physical limitations or special needs to work as a CSR. I have personally worked with CSRs who have been wheelchair bound," says Jumani. However, she says employers must accommodate CSRs with physical limitations. For example, these workers might not be required to access safety deposit boxes or perform money shipments.

Just the Facts

Want a quick overview of what this career is about?Check out Just the Facts for simple lists of characteristics.

At a Glance

Assist customers at banks and other financial institutions

  • Duties include sales and giving investment advice
  • You must like dealing with the public
  • Some post-secondary education may be required

Contact

  • Email Support

  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.