Many banking customers are wondering if their banks will be open at all on New Year’s Eve and New Year’s Day. Landing at the end of a work week, the end of the year holidays are sure to affect your bank hours. Here are the banks that will be open during New Year’s Day and the holiday bank hours for the biggest banks in America.

banks open new year's eve

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New Year’s Eve is not only a night of celebration, it’s also the last business day of the year, which means you need to get your financial tasks completed by this day.

Here are the holiday bank hours for New Year’s Eve and New Year’s Day of 2015/2016:

BanksNew Year's Eve 2015New Year Day 2016
Bank of AmericaRegular hoursClosed
ChaseRegular hoursClosed
Wells FargoCloses at 5 p.m.Closed
CitibankRegular hoursClosed
U.S. BankRegular hoursClosed
Capital OneCloses at 2 p.m.Closed
PNC BankCloses at 4 p.m. (includes supermarket branches)Closed (includes supermarket branches)
TD BankCloses at 6 p.m.Open
BB&TRegular hoursClosed
SunTrust BankRegular hoursClosed (includes in-store locations)
Fifth Third BankRegular hoursClosed
Union BankRegular hoursClosed
BMO Harris BankCloses at 3 p.m.Closed
M&T BankCloses at 3 p.m.Closed
KeyBankCloses at 3 p.m.Closed
Citizens BankCloses at 2 p.m.Closed
Santander BankCloses at 3 p.m.Closed

New Year’s holiday bank hours

New Year’s Day will be on Friday, Jan. 1. On this day, all of the largest banks in the U.S. will be closed. This includes the in-store and supermarket branches of PNC and SunTrust Bank.

All banks will remain open on New Year’s Eve, with half — including Bank of America, Chase, Citibank, U.S. Bank, BB&T and SunTrust Bank — resuming their regular schedule. The other half of the banks — including Wells Fargo, PNC Bank, Capital One and TD Bank — will close earlier, between 2 p.m. to 6 p.m.

It is important to remember that the holiday bank schedule may or may not affect the in-store and supermarket locations. In the case of PNC Bank, some of their supermarket will resume their normal hours, despite the fact that their bank branches are expected to close by 4 p.m. on New Year’s Eve. Make sure to call ahead to find out the exact holiday schedule for your local branch or in-store locations by looking up your bank on MyBankTracker’s Bank Profile page.

What does it mean when your bank is closed?

Regardless of whether or not your bank is open, banking transactions will not be processed on federal holidays (like New Year’s Day). New Year’s Eve is not a federal holiday, which means all the checks that are deposited on this day before the cut off time will be processed as usual.

Generally, checks take one business day to be processed but since the next day is New Year’s Day, the deposits will not be processed. This means it will not be processed until at least Monday. Therefore, it will take 3-4 days (including the holiday and the weekend) for your deposit to clear.


What you can do

Even if you can’t make it to your bank, it is still possible to fulfill those financial duties seamlessly by planning ahead. Firstly, if you have any bank errands that will require the help of a banker or a teller, visit the bank before the holiday kicks in.

Secondly, you can turn to your bank’s online and mobile banking services for most transactions. Finally, in the case that you need extra cash, remember that you will have full access to the ATMs all throughout the holiday.

Other closings

Banks aren’t the only place affected by the federal holidays. In fact, schools, post offices and government offices, will all remain closed, as well as some retail businesses. The stock market will also be closed. On New Year’s Eve the government will open as usual. It will be half days at the stock market, as it will close at 1 p.m. EST.

The team at MyBankTracker would like to wish you a Happy New Year!

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