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Career and Education Opportunities for Bank Tellers in Maryland

Maryland has a population of 5,699,478, which has grown by 7.61% over the past 10 years. Nicknamed the "Old Line State," its capital is Annapolis, though its most populous city is Baltimore.

There are currently 10,180 working bank tellers in Maryland; this should grow 12% to about 11,430 working bank tellers in the state by 2016. 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. Bank tellers generally receive and pay out money.

Bank tellers earn about $12 per hour or $25,760 yearly on average in Maryland and about $11 per hour or $23,610 per year on average nationally. Incomes for bank tellers are not quite as good as in the overall category of Billing and Bookkeeping in Maryland, and not quite as good as the overall Billing and Bookkeeping category nationally.

In 2008, there were a total of 3,471,985 jobs in Maryland. The average annual income was $48,164 in 2008, up from $46,922 the preceding year. The unemployment rate in Maryland was 7.0% in 2009, which has grown by 2.6% since the previous year. Roughly 31.4% of Maryland residents have college degrees, which is higher than the national average.

The top industries in Maryland include engineering services, radio broadcasting communications equipment manufacturing, and photofinishing. Notable tourist attractions include the National Park Service, the Baltimore Civil War Museum, and the Preservation Society.

CITIES WITH Bank Teller OPPORTUNITIES IN Maryland


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 Maryland 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: Maryland

Maryland
Maryland photo by Abhijit Tembhekar

Maryland has a population of 5,699,478, which has grown by 7.61% in the last 10 years. Nicknamed the "Old Line State," its capital is Annapolis, though its largest city is Baltimore. In 2008, there were a total of 3,471,985 jobs in Maryland. The average annual income was $48,164 in 2008, up from $46,922 the preceding year. The unemployment rate in Maryland was 7.0% in 2009, which has grown by 2.6% since the previous year. Roughly 31.4% of Maryland residents have college degrees, which is higher than the national average.

The top industries in Maryland include engineering services, radio broadcasting communications equipment manufacturing, and photofinishing. Notable tourist attractions include the Dorfman Museum Figures Inc, the Baltimore Civil War Museum, and the National Park Service.