Are Banks Open on Memorial Day?
No, most banks are closed on Memorial Day.
Most banks do close on federal holidays, however, there are a few banks and credit unions that will remain open. TD Bank is known for remaining open on federal holidays, but even it will close its doors on Memorial Day. On Monday, May 30, your best bet for finding a bank that is open will be taking a look in large retail stores that will be open on the holiday, such as banks located within supermarkets or Walmart.
- US Bank: Branches may be open until 2 pm (call to confirm)
- PNC Bank: Supermarket branches only will be open
- SunTrust: Only In-store branches will be open
On Memorial Day, many banks will close, but those who do not may operate on an altered schedule. Be sure to call and confirm the bank’s hours on Monday.
- Bank of America
- Capital One
- PNC Bank: Regular branches
- SunTrust: Regular branches
- TD Bank
- Wells Fargo
Are Credit Unions Open On Memorial Day?
No, most credit unions are closed on Memorial Day.
Similar to banks, credit unions will also be closed on Monday. Some regional credit unions may be open, however, open credit unions will be far-and-few in-between. Just like banks, credit unions located within retail stores are more likely to be open than stand-alone unions. However, they may operate on slightly altered schedules. If you are unsure whether your credit union will be open or operating on an altered schedule, call and confirm their Memorial Day hours.
While most credit unions will be closed on Monday, you will still be able to do some banking. Most banking transactions will be available online, through the bank’s app or at the ATM. With these services, you can bank 24 hours a day, seven days a week, 365 days a year. Not all banking transaction can be done this way, but most are available electronically.
Keep in mind that if you do your banking electronically the transaction may not be available immediately. It may take one business day or more to post to your account. Those who deposit a check through one of these services will have to wait for the check to clear and it may not post to your account until the following business day.
If you have any further question as to whether your bank will be open or closed, what online services will be available and how long it will take your check to clear, give your bank a call.
Photo: Flickr: GotCredit
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