In the hustle and bustle of the holiday season, many people wonder whether banks are open the day after Thanksgiving, also known as Black Friday. This question is particularly important for those who need to make transactions or seek financial assistance during this busy period. While Black Friday is not a federal holiday, some states observe it as a state holiday, which can impact bank operations. In this article, we’ll delve into the details of bank closures on the day after Thanksgiving, providing you with a clear understanding of when to expect bank services to be available.
Are Banks Open the Day After Thanksgiving?
As earlier mentioned, while many people consider Black Friday to be its own holiday, it is not a federal holiday. As a result, unlike on an actual bank holiday, most banks with standalone physical locations will be open that Friday. However, it is possible that these banks will have shortened hours, so you should check with your local branches ahead of time to inquire about the day’s hours.
Another thing to keep in mind is that the day after Thanksgiving is a state holiday in roughly half of the United States. As a result, some local banks and credit unions in these states may close. Additionally, bank branches located within other businesses, such as supermarkets and college campuses, may be closed as a result of the closure of these businesses.
The following states have state holidays on the day after Thanksgiving. If you live in one of these states, you should call your local branch or check the bank’s website before going.
- California
- Delaware
- Florida
- Illinois
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Michigan
- Minnesota – Nebraska
- Nevada
- New Hampshire
- North Carolina
- Oklahoma
- Pennsylvania
- South Carolina
- Tennessee
- Texas
- Virginia
- West Virginia
Credit Unions Closed on Black Friday
Even though Black Friday is not a federal bank holiday, some financial institutions, including the following credit unions, will be closed for the day:
- Members Credit Union
- Signature Federal Credit Union
- Unify Financial Credit Union
- Federal Credit Union
List of Banks Open on Black Friday
If you need to do some banking on Black Friday, the following banks will be open on Nov. 24. If your state observes Black Friday as a holiday, check with your local bank branch to confirm their hours for that day.
- American National Bank
- Ameris Bank
- Bank of America
- Capital One
- Chase
- Citi®
- Citizens Bank
- Commerce Bank
- Fifth Third Bank
- FirstBank
- First Citizens Bank
- Frost Bank
- HSBC
- KeyBank
- M&T Bank
- PNC Bank
- Regions Bank
- Santander Bank
- Silicon Valley Bank
- Synovus Bank
- U.S. Bank
- United Bank
- Wells Fargo
- Zions Bank
When Are Banks Closed on Federal Holidays?
While most banks will be open on Black Friday, Thanksgiving will be an exception.
Thanksgiving Day is a federal holiday, which means that non-essential government businesses are closed on this day. This also means that it is a bank holiday, so your local bank will be closed on Thanksgiving Day.
Many businesses also close early on the Wednesday before Thanksgiving to allow employees to travel and/or spend time with family. Although banks typically do not follow this policy, it wouldn’t hurt to call your bank and confirm that they are not closing early on Wednesday.
Here are all of the federal holidays in the United States, which mean that bank branches will be closed on all of these days:
| Holiday | Date |
| New Year’s Day | January 1 |
| Martin Luther King Day | 3rd Monday in January |
| Presidents’ Day | 3rd Monday in February |
| Memorial Day | Last Monday in May |
| Independence Day | July 4 |
| Labor Day | 1st Monday in September |
| Columbus Day | 2nd Monday in October |
| Veterans Day | November 11 |
| Thanksgiving Day | 4th Thursday in November |
| Christmas Day | December 25 |
How to Get Into Your Bank Account During Thanksgiving
#1. Fee-Free ATMs
Some stores are open late on Thanksgiving, so you may want to start your shopping on that day. If you don’t have time to visit your bank in the days leading up to your shopping trip, simply use one of its fee-free ATMs. These cash machines can be found in any bank with a physical location. These are typically found at your bank’s branches and stand-alone locations, but they may also be affiliated with a larger ATM network, such as Allpoint. To make an ATM withdrawal, all you’ll need is your debit card.
#2. Online Banking
Online banking is the quickest way to check your account balance or transaction history, make an inter-account transfer, or pay your bills. This service is available at almost every bank and can be extremely beneficial. Many of the same features are almost always available in mobile banking apps, as well as mobile check deposit and an ATM locator. Offerings like these could come in handy on Thanksgiving.
#3. Money Transfer Apps
Need to borrow money from family or friends to fund your Black Friday shopping trip? Money transfer apps such as Venmo and PayPal allow you to do so directly from your phone. Many banks are developing their own money transfer services or collaborating with existing apps. Zelle® is one of the most well-known brand names in this market. If you need to lend or borrow money to friends or family, your bank’s mobile app may allow you to do so.
Tips for a Better Banking Experience
- If your bank does not have any branches, you do not need to be concerned about them closing. Online-only banks provide excellent desktop and mobile portals for conducting banking transactions around the clock. Furthermore, these online banks typically offer much higher interest rates on savings accounts and other deposits.
- Your bank account is only one component of your overall financial picture. A financial advisor can assist you in developing a financial plan if you want to grow your money and be financially secure.
Conclusion
There are numerous ways to access your bank account funds in the modern banking world without having to speak with a teller at a branch location. ATMs, debit cards, and mobile banking apps technically render bank branches obsolete in this regard. However, because Black Friday is not a federal holiday, you may be able to visit your bank before you go shopping. Simply remember to check with your bank first.
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Are Banks Open the Day After Thanksgiving: References
