Winter storm Juno is hitting the Northeast, and many local businesses, government facilities, schools and other organizations are closing Tuesday as the region braces for some intense winter weather and loads of snow. This snow day is giving many Northeast residents an unexpected day off as roads and public transportation become unsafe due to inclement weather.
With a snow day, having an unexpected day off might leave many Northeast residents tempted to head out into the storm to get ahead in errands or enjoy some leisure time. Some might even be planning to head to the bank to deposit checks, make a withdrawal or take care of other banking business.
But will banks be open Jan. 27 or will they have a snow day, too?
Bank Snow Day: 4 Big Banks Closing on Jan. 27
Many banks and credit unions have also opted to close on Monday and Tuesday due to the winter storm. Given Superstorm Sandy, these banks have recent memory of how bad weather can negatively impact their foot traffic. Because of this, many big banks, regional banks and credit unions alike are opting to keep their Northeast branches closed to protect employees as well as customers.
To see if your bank is having a snow day on Jan. 27, check out the list of banks that are closing at least some branches during the storm Tuesday. GOBankingRates still recommends that customers call their branches to verify hours before they head out, as these unplanned closings will vary greatly by community and branch location.
- Bank of America: The bank closed early Monday and will keep many branches closed through Tuesday. Call ahead to see if your branch is open on Jan. 27
- Chase Bank: JPMorgan Chase closed about 1,000 branches early Monday and plans to keep at least New York City-area branches closed through Tuesday, reports Reuters.
- Citi: Branches closed early on Monday in the New York and Boston areas, reports Reuters. While Citi branches in New York are expected to be open on Tuesday, those in and around Boston will remain closed.
- Wells Fargo: The bank plans to keep all affected branches closed on Tuesday, reports Reuters. According to NorthJersey.com, this includes all 305 branches in New Jersey.
If you still need to take care of business, ATMs will remain open despite the storm and can be used to complete transactions like balance inquiries, deposits and withdrawals. Bank customers can also head online, as these major banks all offer extensive online banking services like online bill pay.
Customers might worry that these unexpected bank closings or power outages due to the storm might cause delays in payments or deposits, which could result in accidental overdrafts or fees for payments sent late to bill collectors. But John McWeeney, president of the New Jersey Bankers Association, told NorthJersey.com that banks will work with customers on these issues, and will often reverse overdraft and other bank fees.
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