Are Banks Open on Veteran’s Day 2022?

Veterans Day is just around the corner. It’s a federal holiday that falls on the 11^th of November every year and is designed to acknowledge the contributions and sacrifices of military members. As a federal holiday, many people receive a day off from work. Additionally, a variety of organizations may close for the day. However, closing isn’t required, so some businesses are open instead. Since running errands on an extra day off is common, if you’re wondering, “Are banks open on Veterans Day 2022?” here’s what you need to know.

Are Banks Open on Veterans Day 2022?

No, banks are not typically open on Veterans Day. In the majority of cases, banks close on all federal holidays. As a result, most will follow the federal government’s lead and will shut their doors on November 11, 2022.

However, there may be a handful of exceptions. For example, bank branches located in specific retail locations – such as in a major superstore or grocery store – may open even though it’s a holiday. Some may welcome customers during their usual Friday operating hours, though some may choose to use a shortened holiday schedule.

If you were planning to head to a branch in a retail store on Veterans Day, make sure to check its operating schedule in advance. That allows you to confirm whether that location is open on closed on the holiday.

For traditional bank branches, it’s best to assume they’re closed. Here’s a list of banks that usually close their standalone branches for Veterans Day:

Bank of America
Capital One
Chase Bank
HSBC
PNC Bank
SunTrust Bank
TD Bank
US Bank
Wells Fargo

If you need to complete a banking transaction and require support from a teller or customer service rep, it’s better to handle it before the holiday. That can include any day between Monday, November 7, and Thursday, November 10, depending on the nature of the transaction and average processing times. Otherwise, you’ll need to wait until Saturday, November 12, if your bank offers Saturday hours, or Monday, November 14, if your bank isn’t open on weekends.

Are Credit Unions Open on Veterans Day 2022?

Generally speaking, credit unions are closed on Veterans Day. Like banks, credit unions classically follow the federal holiday schedule when it comes to closures. As a result, the vast majority of branches won’t be welcoming customers that day.

However, also like banks, you may see some exceptions. Most of those involve credit union branches inside of retail stores or supermarkets. Still, those may close as well, so you’ll want to reach out in advance to confirm your preferred location is open if you want to visit on Veterans Day.

How to Bank on Veterans Day 2022

While bank and credit union branches are typically closed on Veterans Day, that doesn’t mean you can’t tackle certain banking transactions on the holiday. Not all banking services require engaging with a teller or customer service representative, so you can potentially take care of them at any time on any day, including holidays.

For example, ATMs that aren’t locked inside a bank building allow you to withdraw cash whenever you’d like, including holidays. Many ATMs also support other transaction types, including deposits, balance checks, and potentially even internal transfers between accounts.

You may be able to pay bills at an ATM or similar kiosk. Additionally, with online and mobile banking options, you can typically set up bill payments on holidays, though they may not formally process until the next business day.

Online and mobile banking may support check deposits, too. Plus, you can move money between your accounts if there at the same institutions at any time, often without any processing delays relating to the holiday.

Banks and Credit Unions 2022 Holiday Schedule

While banks and credit unions are allowed to set their own holiday schedules, the majority align theirs with the federal holiday schedule. As a result, the federal holiday schedule serves as a guide for bank and credit union closures.

Here’s a look at the typical bank and credit union 2022 holiday schedule:

New Year’s Day – Saturday, January 1, 2022
Martin Luther King, Jr. Day – Monday, January 17, 2022
President’s Day – Monday, February 21, 2022
Memorial Day – Monday, May 30, 2022
Juneteenth (Observed) – Monday, June 20, 2022
Independence Day – Monday, July 4, 2022
Labor Day – Monday, September 5, 2022
Columbus Day – Monday, October 10, 2022
Veterans Day – Friday, November 11, 2022
Thanksgiving Day – Thursday, November 24, 2022
Christmas Day (Observed) – Monday, December 26, 2022

Since Juneteenth and Christmas occur on Sundays in 2022, they’re observed on the following Monday. As a result, since banks are typically closed on Sundays, they follow the observed date when it comes to those holiday closures in most cases.

Banks and credit unions are also incidentally closed on other holidays, including Easter, Mother’s Day, and Father’s Day. These closures aren’t necessarily due to the holidays themselves. Instead, since those occasions all fall on Sundays, it’s coincidental, as most banks aren’t open on any Sundays during the year.

Do you wish that banks were open on Veterans Day, or do you rely enough on mobile banking to make it a non-issue? Have you ever needed a bank on Veterans Day only to get stuck in a bad situation since banks weren’t open? Share your thoughts in the comments below.

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Tamila McDonald

Tamila McDonald is the Chief Operations Officer at District Media, Inc. A U.S. Army veteran with 20 years of distinguished service—including five years as a military financial advisor. Tamila is a former AFCPE-certified personal financial counselor who spent eight years post-retirement guiding wounded warriors and families on budgeting, VA benefits, and long-term planning, bringing more than 15 years of specialized writing and content leadership in personal finance and HR topics to ensure District Media delivers trustworthy, experience-backed guidance.