Are Banks Open on Memorial Day? Bank of America, Chase, Wells Fargo, Citibank

Memorial Day is a federal holiday recognized across the U.S. and is a day for honoring and mourning military members who died while serving in the U.S. Armed Forces. The holiday is celebrated on the last Monday of May each year and this year falls on May 25.

While Memorial Day became an official federal holiday in 1971, Americans have been paying tribute to military members who died in service since the late 1860s, following the Civil War in which ended in spring 1865.

On Memorial Day, The National Moment of Remembrance will take place a 3 p.m. local time, and Americans are asked to pause for a minute to remember those who died in service.

Are banks open on Memorial Day?

On federal holidays, federal services are generally closed or operate with limited service. So as Memorial Day is a federal holiday, banks will be closed. This also means that services that take a business day, such as cashing a check, will not go through until the following day. Additionally, if you require the service of a bank employee, those requests will have to wait until the next day, too.

However, there are other ways to access your money on Memorial Day and other federal holidays, as ATMs, online banking and mobile banking will be available.

To plan ahead, banks will also be closed on other federal holidays: Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving Day, Christmas Day, New Year's Day, Martin Luther King Jr.'s Birthday and Washington's Birthday.

Due to current stay-at-home order restrictions and social distancing measures, banks may be operating with modified services or may encourage its customers to access services remotely. Call your local branch before visiting for more information on their policies and services.

bank of america
A Bank of America bank building in Santa Fe, New Mexico. Banks will be closed on Memorial Day, which is a federal holiday. Robert Alexander/Getty

Banks closed on Memorial Day 2020

  • Wells Fargo
  • JPMorgan Chase
  • Bank of America
  • Branch Banking and Trust
  • Regions Bank
  • TD Bank
  • KeyBank
  • Huntington National
  • Fifth Third Bank
  • Citizens Bank
  • Citibank
  • BBVA Bank
  • Santander Bank
  • Capital One
  • BMO Harris Bank
  • Bank of the West
  • Comerica Bank
  • HSBC Bank
  • Union Bank
  • People's United Bank
  • TCF Bank
  • Umpqua Bank
  • BancorpSouth
  • Prosperity Bank
  • Arvest Bank
  • Bank of the Ozarks
  • Synovus Bank
  • Washington Federal
  • Community Bank
  • Valley National Bank

Credit Unions Closed on Memorial Day 2020

  • Navy Federal
  • PenFed
  • State Employees' Credit Union
  • American First
  • The Golden 1 Credit Union
  • Mountain America
  • Security Service
  • Conexus Credit Union
  • Chartway Federal Credit Union
  • First Tech Credit Union
  • Alaska USA
  • Space Coast Credit Union
  • Alliant Credit Union
  • NASA Federal Credit Union
  • Suncoast Credit Union
  • Consumers Credit Union