As Christmas approaches, many people are planning their holiday activities and errands, including banking. A question might arise, "are banks open on Christmas Eve, December 24, 2023?" The answer this year may come as a surprise to some.
Are Banks Open Sunday, December 24?
Wells Fargo, Bank of America, Chase Bank Hours on Christmas Eve
Typically, banks operate on Christmas Eve, often with limited hours. In the past, major banks like Wells Fargo, Bank of America, JPMorgan Chase, PNC, and others have opened their doors on December 24, accommodating last-minute banking needs before the holiday.
This year presents a unique situation as December 24 falls on a Sunday. Consequently, banks across the U.S. will be closed, following their regular Sunday schedule.
Are Banks Open Monday, December 25?
Wells Fargo, Bank of America, Chase Bank Hours on Christmas Day
All major banks, including Wells Fargo, Bank of America, and JPMorgan Chase, will be closed on Christmas Day, Monday, December 25. However, digital banking options remain available.
Will Banks Be Open December 26?
Banks will resume their normal operating hours on Tuesday, December 26. As December 25 is a federal holiday, any transactions made over the Christmas period may not be processed until banks reopen.
- Chase Bank: 9:00 AM - 5:00 PM
- Bank of America: 9:00 AM to 5:00 PM
- Wells Fargo: 9:00 AM - 5:00 PM
Federal Holiday Observance and Christmas Eve
Unlike Christmas Day, Christmas Eve is not a federal holiday. However, the observance of federal holidays can shift when they fall on weekends. According to the U.S. Office of Personnel Management (OPM), if a holiday falls on a Sunday, it is typically observed on the following Monday. Conversely, if it falls on a Saturday, it is usually marked on the preceding Friday.
In 2021, Christmas fell on a Saturday, and thus the federal observance took place on Friday, December 24. As a result, most workers were able to take December 24 as an official day off.
Business Operations on Christmas Eve
Various retailers will be open for last-minute shopping, albeit some with reduced hours. Here's a list of confirmed stores open on December 24.
- Aldi, 7-Eleven, Big Lots, BJs, Barnes & Noble, Costco, Dollar General, Dunkin', Starbucks, IKEA, Kohl's, Macy's, Marshalls, Michael's, Nordstrom, Petco, PetSmart, Sam's Club, TJ Maxx, Trader Joe's, Ulta Beauty, Walgreens, Walmart, Whole Foods (hours vary by location).
Other Federal Holidays in the U.S.
In addition to Christmas, the U.S. observes several other federal holidays, including New Year's Day, Martin Luther King, Jr. Day, Washington's Birthday, Memorial Day, Juneteenth, Independence Day, Labor Day, Columbus Day, Veterans Day, and Thanksgiving Day.
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