Are Banks Open on Thanksgiving Day?

Jul 20th, 2018 | 1 comment

Thanksgiving day bank hours

Turkey day is just around the corner and you probably have better things to do than to run financial errands. In fact, you might not be able to get anything done that day. From government offices to private businesses to the stock market, many entities will be closed for Thanksgiving. After all, it is a federal holiday. So, will be banks be open?

Open or Not: Chase, Bank of America and Other Big Banks

Typically, banks observe the holiday by shutting down branches. We’ve contacted each of the top 10 U.S. banks to confirm whether branches will be open or not so that you’re not surprised when you get to the bank and it’s closed.

BanksThanksgiving Day
Bank of AmericaClosed
Wells FargoClosed
U.S. BankClosed
Capital OneClosed
PNC BankClosed (includes supermarket branches)
TD BankOpen
SunTrust BankClosed (includes in-store locations)
Fifth Third BankClosed
Regions BankClosed
Union BankClosed
BMO Harris BankClosed
M&T BankClosed
Citizens BankClosed
BBVA Compass Bank
Santander BankClosed

As you might have expected, every single one of the big banks will be closed on Thanksgiving — most of you probably don’t expect the Bank of America holiday schedule to leave out such a major holiday. You can expect smaller, local banks to be closed as well.

TD Bank, which calls itself “America’s Most Convenient Bank,” has built a reputation for being the big bank that remains open for business on many federal U.S. holidays. However, Thanksgiving happens to be one of the exceptions. (TD Bank may be changing its holiday schedule since we’ve noticed recently that the bank’s holiday schedule appears to show more holiday closings.)

Also, in previous years, PNC Bank was known for operating limited hours (usually open until around noon) at branches that were shared with supermarkets. But, PNC Bank said that these supermarket branches will be closed for Thanksgiving.

Maybe the banks are getting with the trend that Thanksgiving should be a day for employees to relax and enjoy some time with family. That seems to be the case for many retailers that have opted not to start Black Friday early by opening on Thanksgiving Day.

How You Can Still ‘Bank’

Knowing that banks will be closed for the holiday, you should get a head start on any financial chores that need to be completed by Nov. 26.

What you might not have known is that many bank transactions (e.g, fund transfers) won’t start processing until the next business day, which would be the day after Thanksgiving. Don’t be late on your bills or any other financial responsibilities by taking care of these tasks by Wednesday.

If you want to make deposits and cash withdrawals, remember that ATMs will still be there to help you — this is when a large ATM network from the likes of a Bank of America or Chase comes in handy. Again, check deposits won’t start clearing until the next business day.

Tip: Your mobile banking app may allow you to deposit endorsed checks using the camera on your smartphone.

Meanwhile, if you just need to review your accounts, just go through online or mobile banking.

Hopefully you’ll be enjoying Thanksgiving with family gatherings or, if you’re a shopper who can’t resist a good deal, right outside your favorite store to be the first to snag those elusive Black Friday deals. Have a Happy Thanksgiving!

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Simon Zhen

Simon Zhen is a research analyst for MyBankTracker. He is an expert on consumer banking products, bank innovations, and financial technology.

Simon has contributed and/or been quoted in major publications and outlets including Consumer Reports, American Banker, Yahoo Finance, U.S. News – World Report, The Huffington Post, Business Insider, Lifehacker, and

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