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.
Banks closed on Memorial Day 2020
Wells FargoJPMorgan ChaseBank of AmericaBranch Banking and TrustRegions BankTD BankKeyBankHuntington NationalFifth Third BankCitizens BankCitibankBBVA BankSantander BankCapital OneBMO Harris BankBank of the WestComerica BankHSBC BankUnion BankPeople’s United BankTCF BankUmpqua BankBancorpSouthProsperity BankArvest BankBank of the OzarksSynovus BankWashington FederalCommunity BankValley National Bank
Credit Unions Closed on Memorial Day 2020
Navy FederalPenFedState Employees’ Credit UnionAmerican FirstThe Golden 1 Credit UnionMountain AmericaSecurity ServiceConexus Credit UnionChartway Federal Credit UnionFirst Tech Credit UnionAlaska USASpace Coast Credit UnionAlliant Credit UnionNASA Federal Credit UnionSuncoast Credit UnionConsumers Credit Union
