Occupational Employment Statistics

DETAILED OCCUPATION DATA

43-3071 Tellers

Occupational Description:
Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.

Occupational Employment Statistics(OES) Wage Data
First Quarter 2024

Geography	Employment	Emp SE*	Percentiles
Geography	Employment	Emp SE*	Mean	10th	25th	Median	75th	90th
Minnesota	5,770	364	$19.63/hr	$16.48/hr	$18.16/hr	$19.19/hr	$21.29/hr	$22.86/hr

Leading Industries for Tellers

Industry	OES Employment (Statewide)	OES Median Wage (Statewide)
Financial Activities	5,730	$19.21/hr
Professional and Business Services	40	$16.97/hr

Other Regional Data for Tellers

Geography	Employment	Median Wage	Projections % Change 2022-2032
Mankato-North Mankato MN MSA	130	$18.94/hr	N/A
Grand Forks ND-MN MSA	170	$18.14/hr	N/A
Rochester MN MSA	220	$19.16/hr	N/A
Northeast Balance of State	220	$18.75/hr	N/A
La Crosse WI-MN MSA	290	$18.22/hr	N/A
St Cloud MN MSA	330	$18.87/hr	N/A
Duluth MN-WI MSA	380	$18.09/hr	N/A
Southwest Balance of State	430	$18.29/hr	N/A
Northeast Minnesota	500	$18.26/hr	-16.2%
Southeast Balance of State	520	$18.91/hr	N/A
Southeast Minnesota	590	$18.97/hr	-15.8%
Fargo ND-MN MSA	610	$18.41/hr	N/A
Southwest Minnesota	630	$18.56/hr	-16.1%
Central Minnesota	720	$18.88/hr	-15.5%
Northwest Balance of State	760	$18.45/hr	N/A
Northwest Minnesota	890	$18.35/hr	-14.7%
Seven County Mpls-St Paul, MN	2,230	$20.07/hr	-16.6%
Minneapolis-St Paul-Bloomington MN-WI MSA	2,650	$20.01/hr	N/A
Minnesota	5,770	$19.19/hr	-16.3%

Related Occupations

Occupations	Employment	Median Wage	Projections % Change 2022-2032
Gambling and Sports Book Writers and Runners	440	$17.36/hr	3.5%
Office Clerks, General	56,580	$22.85/hr	-3.9%
Cashiers	58,840	$15.36/hr	-6.8%
Gambling Cage Workers	390	$18.00/hr	0.6%
Bookkeeping, Accounting, and Auditing Clerks	28,110	$24.61/hr	-4.5%
First-Line Supervisors of Gambling Services Workers	600	$27.75/hr	7.3%
Gambling Dealers	1,180	$12.28/hr	10.6%
Counter and Rental Clerks	3,390	$18.74/hr	1.4%
Receptionists and Information Clerks	14,610	$18.34/hr	0.2%
New Accounts Clerks	1,440	$23.09/hr	-16.5%

Task for Tellers

Receive checks and cash for deposit, verify amounts, and check accuracy of deposit slips.
Enter customers' transactions into computers to record transactions and issue computer-generated receipts.
Examine checks for endorsements and to verify other information, such as dates, bank names, identification of the persons receiving payments, and the legality of the documents.
Cash checks and pay out money after verifying that signatures are correct, that written and numerical amounts agree, and that accounts have sufficient funds.
Monitor bank vaults to ensure cash balances are correct.
Answer telephones and assist customers with their questions.
Process transactions, such as term deposits, retirement savings plan contributions, automated teller transactions, night deposits, and mail deposits.
Explain, promote, or sell products or services, such as travelers' checks, savings bonds, money orders, and cashier's checks, using computerized information about customers to tailor recommendations.
Identify transaction mistakes when debits and credits do not balance.
Arrange monies received in cash boxes and coin dispensers according to denomination.