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Career and Education Opportunities for Bank Tellers in Colorado

Colorado has a population of 5,024,748, which has grown by 16.82% in the last 10 years. Nicknamed the "Centennial State," Colorado's capital and most populous city is Denver.

About 8,700 people are currently employed as bank tellers in Colorado. By 2016, this is expected to grow 15% to about 9,960 people employed. This is better than the national trend for bank tellers, which sees this job pool growing by about 6.2% over the next eight years. In general, bank tellers receive and pay out money.

A person working as a bank teller can expect to earn about $12 hourly or $25,120 per year on average in Colorado and about $11 hourly or $23,610 per year on average in the U.S. as a whole. Incomes for bank tellers are not quite as good as in the overall category of Billing and Bookkeeping in Colorado, and not quite as good as the overall Billing and Bookkeeping category nationally.

In 2008, there were a total of 3,285,413 jobs in Colorado. The average annual income was $43,021 in 2008, up from $42,449 in 2007. The unemployment rate in Colorado was 7.7% in 2009, which has grown by 2.8% since the previous year. About 32.7% of Colorado residents have college degrees, which is higher than the national average.

The top industries in Colorado include professional equipment merchant wholesalers, computer peripheral equipment merchant wholesalers, and repair. Notable tourist destinations include the Friends of Historic FT Logan, the Four Mile Historic Park, and the Aviation & Space Center of the Rockies.

CITIES WITH Bank Teller OPPORTUNITIES IN Colorado


JOB DESCRIPTION: Bank Teller

Bank Teller video from the State of New Jersey Dept. of Labor and Workforce Development

In general, bank tellers receive and pay out money. They also keep records of money and negotiable instruments involved in a financial institution's various transactions.

Every day, bank tellers are expected to be able to listen to and understand others in meetings. They need to understand what others are saying to them even in a noisy environment.

Similar jobs with educational opportunities in Colorado include:

  • Accounts Receivable Specialist. Locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer's account; preparing statements to credit department if customer fails to respond; initiating repossession proceedings or service disconnection; keeping records of collection and status of accounts.
  • Bookkeeper. Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.
  • Broker Assistant. Perform clerical duties involving the purchase or sale of securities. Duties include writing orders for stock purchases and sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, tracking stock price fluctuations, computing equity, and keeping records of daily transactions and holdings.
  • Clerk. Compile data, compute fees and charges, and prepare invoices for billing purposes. Duties include computing costs and calculating rates for goods, services, and shipment of goods; posting data; and keeping other relevant records. May involve use of computer or typewriter, calculator, and adding and bookkeeping machines.
  • Gaming Cashier. Conduct financial transactions for patrons in gaming establishments. May reconcile daily summaries of transactions to balance books. Accept patron's credit application and verify credit references to provide check-cashing authorization or to establish house credit accounts. May sell gambling chips, tokens, or tickets to patrons, or to other workers for resale to patrons. May convert gaming chips, tokens, or tickets to currency upon patron's request. May use a cash register or computer to record transaction.
  • Loan Inspector. Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.
  • Payroll Machine Operator. Operate machines that automatically perform mathematical processes, such as addition, subtraction, and division, to calculate and record billing, accounting, and other numerical data. Duties include operating special billing machines to prepare statements, bills, and invoices, and operating bookkeeping machines to copy and post data, make computations, and compile records of transactions.
  • Secretary. Perform routine clerical and administrative functions such as drafting correspondence, scheduling appointments, organizing and maintaining paper and electronic files, or providing information to callers.
  • Statement Clerk. Prepare and distribute bank statements to customers, answer inquiries, and reconcile discrepancies in records and accounts.

LOCATION INFORMATION: Colorado

Colorado
Colorado photo by Wayne L. Bart

Colorado has a population of 5,024,748, which has grown by 16.82% over the past 10 years. Nicknamed the "Centennial State," Colorado's capital and most populous city is Denver. In 2008, there were a total of 3,285,413 jobs in Colorado. The average annual income was $43,021 in 2008, up from $42,449 the preceding year. The unemployment rate in Colorado was 7.7% in 2009, which has grown by 2.8% since the previous year. Approximately 32.7% of Colorado residents have college degrees, which is higher than the national average.

The top industries in Colorado include professional equipment merchant wholesalers, computer peripheral equipment merchant wholesalers, and repair. Notable tourist destinations include the Fine and Dandy Gourmet Baskets & Gifts, the Denver City & County Government, and the Friends of Historic FT Logan.