Most U.S. banks, including Bank of America, Wells Fargo, and JPMorgan Chase, will close their branches in observance of Veterans Day. The closure will affect bank branches nationwide, but customers will still have access to their accounts via ATMs and digital platforms.
It is important for consumers to plan their banking tasks ahead of time, as several services may experience delays due to the holiday.
What is Veterans Day and Why Are Banks Closed?
Veterans Day, a federal holiday observed every year on November 11, honors military veterans who have served in the U.S. Armed Forces. Initially called Armistice Day to mark the end of World War I, the day was renamed Veterans Day in 1954 to honor all U.S. veterans.
The holiday is recognized by the Federal Reserve, which means that financial institutions that follow the Federal Reserve’s schedule, such as commercial banks, will close their physical branches. As part of this schedule, most U.S. banks—whether they are large national chains or smaller regional banks—will observe the day off to honor veterans.
Since the Federal Reserve is closed, most banks follow suit by suspending in-person services. However, some smaller financial institutions and credit unions may have different policies, so it’s always a good idea to check directly with them.
Which Banks Are Affected by the Closure?
As previously mentioned, some of the largest U.S. banks will be closed for Veterans Day, including:
- Bank of America
- JPMorgan Chase
- Wells Fargo
- Citibank
- U.S. Bank
- PNC Bank
If you’re planning to visit a bank branch in person on November 11, be sure to check directly with your specific bank to confirm its hours of operation, as the situation may vary depending on location.
Some smaller, local banks may have different policies, and in rare cases, some branches may remain open for limited hours. It’s a good practice to check with your bank directly.
What Services Will Be Affected?
Since the holiday is observed as a federal closure, most in-person banking services will be unavailable for the day. This includes:
- Teller services: Account deposits, withdrawals, and cashier’s checks.
- Loan services: Meetings with loan officers or mortgage specialists.
- Account management: Opening or closing accounts and discussing specific account details.
However, customers will still be able to access many services remotely. This includes:
- Online banking: Bank websites and mobile apps will remain available for online transactions.
- ATM services: Automated teller machines will continue to function, and users will be able to withdraw cash, transfer funds, and check account balances.
- Mobile banking apps: These apps allow customers to transfer money, pay bills, and check account activity.
What About Direct Deposits and Other Time-Sensitive Transactions?
While Veterans Day will not prevent transactions from being initiated electronically, there could be some delays in processing:
- Direct deposits: Direct deposits for benefits or paychecks that typically arrive on weekdays may be delayed by a day, depending on the bank’s processing schedule.
- Bill payments: Scheduled payments through online platforms may not be processed on the holiday, and funds may not be deducted until the following business day.
If you’re expecting payments or making scheduled payments during this time, it’s a good idea to ensure that there are no delays, particularly for time-sensitive payments such as rent or mortgage payments.
Impact on International Banking
Although U.S. banks will close their branches on Veterans Day, the closure does not impact international transactions. If you are involved in international transfers or foreign exchange, it is important to check with your bank about the timing of those transactions.
Since most global financial markets operate independently of U.S. bank holidays, you may still encounter normal delays for international wire transfers or other cross-border payments, but the overall effect on international banking should be minimal.
How Can You Prepare for Veterans Day Closures?
To avoid any inconvenience on Veterans Day, consider the following steps:
- Complete in-person transactions early: If you need to complete banking tasks that require physical presence, such as cash withdrawals or applying for loans, visit the branch ahead of the holiday.
- Use online banking: For most banking needs, such as bill payments, account transfers, and balance checks, online and mobile banking apps will continue to function normally.
- Withdraw cash in advance: If you need to have cash on hand for the holiday, plan to use an ATM before November 11, as branches will be closed.
- Schedule direct deposits or payments early: If you’re relying on direct deposits or scheduled payments, confirm that they will go through on time by checking with your bank or ensuring transactions are processed ahead of time.
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Statements from Banks on Veterans Day Closures
Bank of America, Wells Fargo, and JPMorgan Chase have all confirmed that they will close their branches in observance of Veterans Day. These institutions have advised customers to plan ahead and use online and mobile banking for any urgent financial needs. Smaller, regional banks may have different hours, and it is recommended to check directly with them.
Key Takeaways:
- Date: Tuesday, November 11 — Veterans Day.
- Branch closures: Most major banks will not open walk-in banking.
- Available services: Online banking, mobile apps, and ATMs remain accessible.
- Plan: If you need teller service, go before the holiday; allow extra time for any processing that happens on branches’ behalf.
- Reminder: Confirm hours for your specific branch and consider scheduling important banking tasks accordingly.
Although Veterans Day is primarily a day of honoring military service members, it also entails operational impacts across the financial sector. By recognizing the closure of most U.S. bank branches on November 11 and adjusting their timing accordingly, customers can avoid surprises and keep their finances on track.
FAQs About Veterans Day Shutdown
Q1: Will Bank of America be open on Veterans Day?
A1: No, Bank of America will be closed for Veterans Day on November 11, 2025. Like other major banks, it will observe the federal holiday, but ATMs and online banking services will remain available.
Q2: What happens to my direct deposit if it falls on Veterans Day?
A2: If your direct deposit is scheduled for Veterans Day, it may be delayed until the next business day, as banks typically do not process deposits on federal holidays.
Q3: Will the stock market be open on Veterans Day?
A3: Yes, the U.S. stock market will be open on Veterans Day. Unlike banks, stock exchanges like the NYSE and NASDAQ operate as usual on this federal holiday.
