What Is Open on Memorial Day: Are Banks Closed? Wells Fargo, Chase Bank, Citibank, BofA
Memorial Day is on Monday, May 30, 2016. That’s good news for most Americans, but it may be bad news for some.
That includes people who are looking to use a bank.
Since Memorial Day is a federal holiday, pretty much all banks are closed, including Wells Fargo, Chase Bank, Citibank, and Bank of America.
In all, 27 major banks are closed on the day. They include:
Bank of America
Bank of the West
BBVA Compass Bank
BMO Harris Bank
Capital One Bank
Fifth Third Bank
First Niagara Bank
Huntington State Bank
People’s United Bank
If your bank isn’t on the list, you should call ahead of time to determine if it’s open.
“Although some banks stay open, or at least maintain limited hours during some federal holidays, most major banks are closed on Federal Reserve Bank holidays like Memorial Day. In the past, some banks — such as PNC and SunTrust — have kept their branches in grocery stores open on Memorial Day, so check your local branches for hours,” says bank website Gobankingrates.com
On the weekend, “No major banks report changes in hours or openings for Saturday and Sunday of Memorial Day weekend. If your bank maintains weekend hours, it is likely that those hours will not change on May 28 or May 29. If you need cash this Memorial Day weekend and your bank is closed, ATMs will still be available for use. You can also do most of your other banking online if necessary,” the site says.
However, stores like Walmart, Target, Best Buy, TJ Maxx, Home Depot, and most supermarkets are open—oftentimes with sales. Costco, however, is CLOSED, so keep that in mind. Major grocery chains like Stop & Shop, Food Lion, and Kroger are open. Stores like Rite Aid, Walgreens, and CVS are also open.
Schools, the post office, the DMV, as well as local, federal, and state offices are closed down for the day. Stock exchanges are also closed.
UPS also doesn’t pick up or deliver on the holiday. The U.S. Postal Service and FedEx are also shut down.
The only services available are FedEx Custom Critical deliveries and UPS Holiday and Express Critical service.
Mail and package delivery will start up again on Tuesday, May 31 for the USPS, UPS, and FedEx.