Most major U.S. banks are closed today for the Columbus Day federal holiday. This includes financial giants like Bank of America, Wells Fargo, and Citibank. Their branches will remain shut, with normal services resuming on Tuesday, October 14.
According to widespread industry reporting, the holiday affects all federal institutions and most private banking operations. However, a couple of notable exceptions will keep their doors open for customers.
TD Bank and Chase Offer Limited Holiday Services
TD Bank is operating with standard business hours today. Customers can visit branches for in-person transactions as usual. The bank is known for remaining open on most federal holidays.
Chase Bank branches are also open on Columbus Day. The bank has indicated that some specific services will not be available until Tuesday. Recurring transactions and deposits will be processed on the next business day.
Always verify hours with your local branch. Schedules can vary by location.
Understanding Widespread Bank Closures
The majority of the banking industry observes federal holidays. This closure pattern is consistent across institutions like JP Morgan, Capital One, and PNC Bank. Online and mobile banking services typically remain accessible for basic transactions.
For customers of closed banks, ATMs and digital banking platforms are the primary options. These systems allow for cash withdrawals, deposits, and balance checks. Any transactions initiated today will be processed tomorrow.
The consistent holiday schedule provides clarity for national banking customers.
This year’s Columbus Day sees a familiar pattern of bank closures with limited exceptions. Knowing your bank’s specific Columbus Day hours ensures you can plan your financial activities without disruption.
Info at your fingertips
Is Bank of America open on Columbus Day?
No, Bank of America is closed for the Columbus Day holiday. All branch locations are shut down. They will reopen with standard hours on Tuesday.
Can I use online banking on the holiday?
Yes, online and mobile banking services are available 24/7. You can check balances and transfer funds. Some transaction processing may be delayed until the next business day.
Are ATMs accessible during the holiday?
Yes, ATMs are generally available for use. You can withdraw cash and make deposits. These machines operate independently of branch hours.
Which major banks are definitely closed?
Wells Fargo, Citibank, and Capital One are all closed. This follows the standard federal holiday schedule. Most regional banks follow the same pattern.
Why are some banks open on the holiday?
Banks like TD Bank choose to remain open as a customer service advantage. It is not a legal requirement for private banks to close. This gives them a competitive edge.
Trusted Sources: Hindustan Times, industry standard banking reports.
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