The educational requirements for becoming a bank teller generally include a high school diploma or GED certificate. To get a possible head start in this career, aspiring bank tellers may take a related certificate program through a community college, although this is not necessary and on-the-job training is often provided to new tellers.
A bank teller assists customers by providing services that include managing deposits, withdrawals, savings bonds, traveler's checks and loan payments. This career requires attention to detail and basic math skills. Bank tellers should enjoy interacting with customers. A high school diploma or the equivalent is enough to get a job as a bank teller, and new hires often complete on-the-job training. Voluntary certification is available for experienced tellers.
|Required Education||High school diploma or GED certificate|
|Projected Job Growth*||-8% (2014-24)|
|Median Annual Salary*||$26,410 (2015)|
Source: *U.S. Bureau of Labor Statistics (BLS)
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Educational Requirements to Become a Bank Teller
Postsecondary education is not needed to become a bank teller; however, most workers are required to have at least a high school diploma. New hires who have no previous work experience can expect to be trained on the job.
Aspiring bank tellers who want a head start on training can find educational opportunities in community colleges and professional organizations. These institutions offer bank teller certificate programs that may last anywhere from seven weeks to three semesters. These programs may include courses like accounting, business communications, employee human relations and ethical issues. Students may also have the option of completing certificate programs online.
For students who choose to pursue additional postsecondary education, helpful majors for a bank teller career may be accounting or business. Courses that are covered in both majors may be financial accounting and managerial accounting.
Certification Information for Bank Tellers
The American Bankers Association offers the voluntary Certified Bank Teller (CBT) designation for bank tellers who can demonstrate a certain level of knowledge in areas that include sales and banking services (www.aba.com). To qualify to take the CBT written exam, candidates must have at least six months of work experience, earn the American Institute of Banking (AIB) Bank Teller Certificate and submit a professional reference, among other requirements. Every three years, bank tellers must fulfill a minimum of six hours of continuing education in order to maintain certification.
Bank Teller Occupational Outlook and Salary
According to the U.S. Bureau of Labor Statistics (BLS), job openings for bank tellers are expected to decline by 8% between 2014 and 2024 (www.bls.gov). In May 2015, the BLS reported that tellers earned $26,410 as a median annual wage.
While a high school diploma is typically sufficient, those seeking employment as a bank teller may want to consider courses/programs offered by community colleges. These additional distinctions may provide a competitive edge in a shrinking job market.