Are Banks Closed on Veterans Day? 2021 Opening Hours Revealed

Every year on November 11, Veterans Day is observed in the U.S..

As well as being an opportunity to reflect on those who have died in combat, people also pay their respects to those who have dedicated their lives to military service.

Many businesses, including banks, close their doors on Veterans Day so that workers can spend time commemorating the armed forces.

Here's everything you need to know about bank opening hours for 2021.

Which Banks are Closed on Veterans Day?

Most banks are closed on Veterans Day, but with all companies, there may be some exceptions.

Private banks can choose whether or not to open, or even shorten opening hours, however, most banks choose to remain closed on federal holidays.

Here is a list of banks where branches are mostly closed on Veterans Day.

In many cases for the banks listed, call centers are still open as well as online banking.

To make sure your local bank is shut, check your local opening hours online or in-store.

When Is Veterans Day?

Veterans Day takes place on the 11th day of the 11th month every year.

The first Veterans Day was held as Armistice Day in 1919, celebrating the Armistice with Germany a year after the First World War ended.

It was declared by President Woodrow Wilson, who declared: "To us in America, the reflections of Armistice Day will be filled with solemn pride in the heroism of those who died in the country's service and with gratitude for the victory."

Congress passed a law to mark it as a legal holiday in 1938, but it did not remain as Armistice Day, however, for too long.

In 1954, the name was changed to Veterans Day after President Dwight Eisenhower signed a law to mark it.

The date of Veterans Day has also moved as well, with it being celebrated at the end of October during the 1970s.

However, in 1978 a bill was signed to observe the day on November 11, like other similar events around the world.

This bill was signed by President Gerald Ford, and marked the beginning of the holiday as we know it now.

Some other countries still maintain the name Armistice Day, which coincides with similar celebrations like Remembrance Day.

Bank of America
People use ATM's inside a Bank of America vestibule in Lower Manhattan on May 28, 2021 in New York City. Alexi Rosenfeld/Getty Images