Christmas: Banks Open or Closed? Wells Fargo, US Bank, Chase Bank, Citibank, and Bank of America

December 23, 2014 Updated: July 18, 2015

 The majority of banks are open, or at the very least, offer truncated hours. Bank of America, Chase Bank, Citibank and PNC Bank are expected to be open. However, Wells Fargo and US Bank might have early closing times.

Here’s some of the banks that are open on Christmas Eve:

Bank of the West
BB&T
BBVA Compass – closes 1 p.m. Christmas Eve
KeyBank
M&T Bank
Regions Bank
Santander Bank- all branches closed at 3 p.m. Christmas Eve
SunTrust Bank
TD Bank
U.S. Bank – some branches close early
Wells Fargo – some branches close early

According to GoBankingRates.com:

Generally, banks open and close in accordance with Federal Reserve bank holidays. Unlike Christmas Day, Christmas Eve is not a bank holiday recognized by the Federal Reserve, which means it will be open and operating, offering behind-the-scenes support for banks and transactions; this is why most banks will be open on Christmas Eve.

Although most banks will be open, customers should note that many banks and credit unions are offering limited hours. This is to allow their employees to also make necessary preparations and begin celebrating the holiday.

Wells Fargo, for instance, notes on a posting of its holiday hours that some of its branches will be offering briefer hours on Christmas Eve. As such, GOBankingRates recommends that customers call their banks or credit unions to verify Christmas Eve hours before visiting their local branch.