Did you know some banks, like Bank of America, have announced that all of its branches in the U.S. will close for 24 hours on November 11! This closure is because of bank issues, but because it’s Veterans Day (a federal holiday in the U.S.). On this day, bank employees will not work in the branch buildings, and there will be no in-person banking services. All branches will open again normally the next morning. So, let’s learn more about this.
Federal holidays
On federal holidays many public and private institutions close so that their employees can rest or take part in the commemoration activities. This is why Bank of America will stop physical assistance at their offices, but the service will continue as usual the next day (on Wednesday). Let’s have a look at the different federal holidays when banks close:
| Holiday | Date |
| New Year’s Day | January 1 |
| Martin Luther King Jr. Day | January 20 |
| Presidents’ Day | February 17 |
| Memorial Day | May 26 |
| Juneteenth | June 19 |
| Independence Day | July 4 |
| Labor Day | September 1 |
| Columbus Day | October 13 |
| Veterans Day | November 11 |
| Thanksgiving Day | November 27 |
| Christmas Day | December 25 |
What does this mean for Bank of America clients?
If you are a Bank of America customer, here is what you should do:
- Plan ahead. If you need to visit a branch, do it before November 11.
- Use online and mobile banking for most services.
- Use ATMs if you need cash while branches are closed.
- Remember that branches will reopen as usual the following day.
Other banks closing that day
Bank of America is not the only bank closing on Veterans Day, every big bank will do the same since they all follow the federal holiday schedule. Among these banks we can find:
- Wells Fargo
- JPMorgan
- Goldman Sachs
- Chase
- Citibank
- U.S. Bank
- SunTrust Bank
- Capital One
- Citizens Bank
- Santander Bank
- BBVA
- Compass
Even though offices will close, their ATMs and online services will be working on that day, as Bank of America.
Other places closing on Veterans Day
Apart from banks, this day will also mean the closure of public institutions too, such as:
- Federal government offices
- Post offices
- Certain public libraries
- Public schools
- The stock exchange
However, private businesses like stores and restaurants can decide whether they want to remain open or closed. Many pharmacies, supermarkets, and restaurants stay open on Veterans Day and operate normally.
So…
The closure of Bank of America on November 11 is part of the commemoration of those who have served in the U.S. military. While the closures may require a little planning, customers still have full access to their accounts online and through ATMs, so most banking needs can continue without interruption.
This is a good reminder to check your banking habits, make sure you know how to use digital tools, and plan in-person visits ahead of time. With just a bit of preparation, the holiday will pass smoothly, and branches will be open again the very next day. Now that November 11 is around the corner, what’s your plan for Veterans Day?