{"id":167160,"date":"2023-11-21T10:16:59","date_gmt":"2023-11-21T10:16:59","guid":{"rendered":"https:\/\/businessyield.com\/?p=167160"},"modified":"2023-11-21T10:17:01","modified_gmt":"2023-11-21T10:17:01","slug":"is-black-friday-a-bank-holiday","status":"publish","type":"post","link":"https:\/\/businessyield.com\/black-friday\/is-black-friday-a-bank-holiday\/","title":{"rendered":"Is Black Friday a Bank Holiday: 2023 Detailed Guide","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n
Everything can descend into a frenzy during the approach of the holiday weekend: last-minute shopping excursions, family gatherings, and constantly evolving holiday decorations. It can be easy to lose track of\u00a0the days your bank is closed. But if you need to access funds from one of your bank accounts, ensuring you are not mixing up the established days for rest is crucial.<\/p>\n\n\n\n
We have compiled a list of holidays during which most banks are closed, as well as alternative methods for obtaining cash quickly. Let’s get started…<\/p>\n\n\n\n
Black Friday is not a federal or bank holiday despite its well-known moniker. People may treat the day as a retail holiday to take advantage of deals ahead of Christmas, but the government does not recognize it.<\/p>\n\n\n\n
Banks and the United States Postal Service will be closed on federal holidays like Thanksgiving. Both services will be available because Black Friday is not a national holiday.<\/p>\n\n\n\n
However, schools and colleges are among the few sectors in the country that combine Black Friday with Thanksgiving break, giving students a four-day weekend.<\/p>\n\n\n\n
On Thanksgiving, all banks will be closed. Thanksgiving is a bank holiday that is included in the Federal Reserve System’s holiday schedule, which is followed by the majority of banks and credit unions.<\/p>\n\n\n\n
On Thanksgiving, all branches will be closed. Banking transactions with an online financial institution may also be delayed until the next business day.<\/p>\n\n\n\n
Meanwhile, you can also go over our article on what’s open on Thanksgiving Da<\/a>y to find out more information. <\/p>\n\n\n\n Most banks will be open because Black Friday is not a federal holiday and not on the Federal Reserve System’s holiday schedule.<\/p>\n\n\n\n However, there may be some exceptions. Schools First Federal Credit Union, Democracy Federal Credit Union, and Centinel Bank of Taos, for example, all include the day after Thanksgiving in their calendars. If you bank locally, check your bank’s holiday schedule online or call your nearest branch before the holidays.<\/p>\n\n\n\n On federal holidays, financial institutions are closed. Most have a holiday schedule on their website, so you can plan ahead of time.<\/p>\n\n\n\n Some brick-and-mortar banks keep a list of frequently asked questions on their website. Others, like TD Bank and Regions Bank, have separate pages listing bank holidays. Brick-and-mortar banks will close all their branches or change their hours during these holidays. The hours of customer service may also differ depending on where you bank.<\/p>\n\n\n\n Although online banks typically do not have physical branch locations, you may still be affected. Transactions may be delayed until the following day if an online bank observes a holiday.<\/p>\n\n\n\n Customer service availability with online banks is usually consistent, but there are some exceptions. Except for the Fourth of July, Thanksgiving Day, Christmas Day, and New Year’s Day, Capital One 360 provides customer service support on all holidays.<\/p>\n\n\n\n The majority of banks follow the Federal Reserve System’s holiday schedule which does not account for Black Friday. The holiday schedule for 2023 and 2024 is as follows:<\/p>\n\n\n\nAre Banks Open on Black Friday?<\/span><\/h2>\n\n\n\n
When Do the Banks Close?<\/span><\/h2>\n\n\n\n