Are Banks Open on Veterans Day? Bank of America, Chase, Wells Fargo, Citigroup and More
November 11 marks Veterans Day in the U.S., a day where Americans pay tribute to those who serve their country in times of war and peace. Originally known as Armistice Day, it was renamed in 1954 to incorporate all veterans, rather than just soldiers that served in the First World War.
Are Banks Open on Veterans Day?
As Veterans Day is observed as a public holiday, in the U.S, banks will be closed on November 11 and will reopen on November 12, according to the Federal Reserve. While banks will be closed, ATMs will still be functional, allowing for cash withdrawals.
Bank of America: This bank will be closed on Veterans Day. Most branches will reopen at 9:00 a.m. on November 12, but check ahead as opening times differ depending on the size of the bank.
Chase Bank: Branches will be closed over the public holiday, with the majority of branches opening on November 12 at 9:00 a.m.
Wells Fargo: The bank will remain shut for Veterans Day, with lobbies opening at 9:00 a.m. the next working day
JPMorgan Chase: Branches will be closed over the public holiday, with the majority of branches opening on November 12 at 9:00 a.m.
Citigroup: Branches will close for Veterans Day and will reopen at 10:00 a.m. at the majority of branches on November 12, 2019
Bank of the West: Banks will be closed for the public holiday and will reopen at 9:00 a.m. the next working day
BMO Harris Bank: Following the Federal Reserve, BMO Harris will remain closed for Veterans Day. Opening times differ the following day, with the earliest branch openings at 8:00 a.m. Check ahead with local branches for more details
SunTrust: Branches will reopen on November 12, 2019, at 9:00 a.m.
HSBC USA: Most branches will reopen at 9:00 a.m. following Veterans Day. Check ahead at local branches for more details.
Comerica Bank: All branches will be closed to observe Veterans Day. Banks will reopen at 9:00 a.m. the following working day.
If you're planning to make a cash or check deposit over the Veterans Day weekend, take into consideration that an extra business day will be added onto the processing time as banks are not open on Veterans Day. The cut-off times for depositing cash and checks are as follows:
Banks | Standard Deposit | ATM Deposit |
---|---|---|
Bank of America | 2:00 p.m. local time | 5:00 p.m. local time |
Wells Fargo | 2:00 p.m. local time | 9:00 p.m. local time (8:00 p.m. in Alaska) |
Chase | End of the business day | 11:00 p.m. ET |
Citibank | End of the business day | 10:30 p.m. ET |
U.S. Bank | 2:00 p.m. local time | 6:00 p.m. local time |
PNC Bank | By the end of the business day and no earlier than 2:00 p.m. | No earlier than 12:00 p.m. Deposit by 3:00 p.m. at non-PNC ATMs and 10:00 p.m. for mobile deposits |
Capital One | End of the business day and no earlier than 2:00 p.m. ET | 9:00 p.m. ET |
TD Bank | 8:00 p.m. local time | 8:00 p.m. local time |
BB&T | End of the business day | 6:00 p.m. local time |
SunTrust | End of the business day | 12:00 p.m. local time |
The stock exchanges observe their own holiday rules. NYSE will remain open on Veterans Day, as will NASDAQ. As broker trade organization SIFMA recommends that Veterans Day is observed as a holiday, it is worth checking ahead of time whether you will be able to trade government securities, mortgage- and asset-backed securities, over-the-counter investment-grade and high-yield corporate bonds and others.

While Veterans Day falls on a Monday this year, it is celebrated every year on November 11 regardless of the day. However, this wasn't always the case. According to the Department of Veteran Affairs, the Uniform Holiday Bill, which was signed on June 1968, designated Veterans Day as a national holiday on a Monday, allowing for a three-day weekend for Federal employees. The aim of this move was to encourage travel, recreational and cultural activities, and stimulate greater industrial and commercial production.
However, many states didn't agree with this decision and continued to celebrate Veterans Day on its original date. when the new law came into effect on October 25, 1971, many citizens were confused. President Gerald R. Ford signed a new law to return the annual observance of Veterans Day to November 11, starting in 1978.
The holiday also comes with a lot of misconceptions, which have been clarified by the U.S. Department of Defense.
Veterans Day doesn't have an apostrophe: Because the holiday doesn't belong to just one or multiple veterans, and applies to all veterans, there is no apostrophe needed.
Veterans Day and Memorial Day are not the same: Probably for the best as it means two holidays. The main difference between the two days is that Veterans Day honors all who have served the country in war or peace, dead or alive, whereas Memorial Day is a time to remember those who have given their lives.
Other countries celebrate Veterans Day too, but in their own ways: November 11 marks a day of remembrance for countries who fought in WWI, and while it is called different things in different countries, the history is the same. The U.K. calls it Remembrance Day and also observes it on the Sunday closest to November 11, which falls on November 10 in 2019. Many of the countries wear poppies to remember those who gave their lives in war and observe two minutes of silence.