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Bank Teller- Morgan Hill at CommonWealth Central Credit Union

CommonWealth Central Credit Union Morgan Hill, CA $19 - $23/hour

Job Description

Bank Teller- Morgan Hill

Bank Teller At CommonWealth, we serve the financial needs of more than 40,000 people who live or work in Santa Clara County. We are seeking candidates who share our value and commitment in helping bring financial wellness to the community of Santa Clara County. In addition to a competitive base salary, our compensation package includes:
  • 13 paid holidays
  • 17 days of Paid Time Off (PTO) during first year of employment
  • Up to 2% discounts on loans including first mortgages
  • 401(k) Plan with Company Match
  • Medical, dental, vision insurance
  • Long-term disability insurance
  • Life insurance
  • Voluntary insurance
  • Employee assistance program
  • Financial Wellness benefits and resources
  • Tuition reimbursement and more

We are currently accepting applications for a full-time Bank Teller at our San Jose-Cambrian Branch.

As a Bank Teller, your major responsibilities will include:
• Assisting members and potential members with their financial needs. • Perform transactions with accuracy. • Explain products and services, and refer member to appropriate personnel. • Ensure that appropriate records are maintained and required reports are prepared. • Maintain and update member account information on computer system.
Our ideal candidate will possess: outstanding customer service skills; previous cash handling experience; excellent written and verbal communication skills. Previous experience in a credit union or bank a plus. Pay Range: $18.65/hour - $23.31/hour; based on skills and experience.
For immediate consideration, apply today! CommonWealth is an Equal Opportunity Employer

Compensation details: 18.65-23.31



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$40k - $48k is competitive for Tellers nationally

National salary averages
$40k - $48k
↑ 11% vs typical mid-level
Entry
Mid
Senior
This job
$31k Market range (10th-90th percentile) $48k

Pay increases slowly with experience in this field.

Raises may be modest; negotiate well upfront.

Hot hiring, constrained wages

Employers are hiring actively, but pay hasn't caught up with demand. Focus on competing offers and non-salary benefits.

Hiring leverage
Lean candidate
Wage leverage âš  Disconnect
Constrained
Mobility
Good mobility
Durability
High fragility

Why this market feels harder than it looks

This market is hiring aggressively, but compensation hasn't caught up and most openings are backfilling churn, not expansion. Employers are filling roles, but not bidding wages up.

Who this leverage applies to

Stronger for: Senior candidates with options
Weaker for: Entry-level candidates, Career switchers

Where to negotiate

Base salary
Sign-on bonus
Title / level
Remote flexibility
Scope & responsibility
Start date / PTO

Likely Possible Unlikely

Watch out for

Wage disconnect: Hiring is active but pay hasn't responded—negotiate on other terms.

Don't let hiring headlines mislead you—focus on concrete offers. Your leverage may be less durable than it appears—move decisively.

Does this path compound?

Job Growth →
High churn
Growth, flat pay
🚀 Compound
Growth + pay upside
⚠️ Plateau
Limited growth
Specialize
Experts earn more
Pay Upside →
Stable but flat

Steady work, but limited growth in both jobs and pay.

-13%
10yr growth
Most openings come from retirements and turnover, not new positions.
Typical: High school diploma or equivalent

Consider building adjacent skills to stay marketable.

Labor data: BLS 2024