Are Banks Open on New Year’s Eve and New Year’s Day 2021?

New Year’s Eve and New Year’s Day 2021
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To start the new year off right, you might want to drop by your bank and make sure your finances are in order. But because New Year’s Day is a standard Federal Reserve bank holiday, celebrated by most — if not all — banks, be sure to visit your bank before then.

Use this guide to find out if your bank is open on New Year’s Eve or New Year’s Day 2021.

Banks Open on New Year’s Eve 2020

Many banks will remain open on New Year’s Eve. However, hours might vary from normal branch hours. Here are some of the banks open on New Year’s Eve:

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Keep in mind that some branch locations might be closed or have limited service due to the pandemic. Call ahead to make sure your preferred branch is open.

Banks Open on New Year’s Day 2021

New Year’s Day is a Federal Reserve bank holiday, so most banks will be closed Jan. 1, 2021.

Keep in mind, however, that many financial institutions have online and mobile banking options that you’ll still be able to access — even if your local branch is closed.

How To Access Your Money If Your Bank Is Closed

Online banking and ATMs allow you to access your funds even if your bank is closed. Many ATMs are open 24/7, and many bank branches even have drive-thru ATMs that are open when the bank itself is closed.

If you need to purchase a money order, options are still available. The trick is finding a provider that stays open long enough for you to complete the transaction. For example, Walmart sells money orders at its Supercenter and Neighborhood Market stores, which will be open on the New Year’s holidays.

2021 Bank Holidays

Start the new year off right by penning this holiday schedule into your calendar.

2021 Bank Holidays
Holiday Date
New Year’s Day Jan. 1
Martin Luther King Jr. Day Jan. 18
Presidents Day Feb. 15
Memorial Day May 31
Independence Day July 4
Labor Day Sept. 6
Columbus Day Oct. 11
Veterans Day Nov. 11
Thanksgiving Day Nov. 25
Christmas Day Dec. 25

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Every day listed here is a federal holiday, which means banks will typically be closed on these days. Always do your due diligence, however, and check your local bank hours to see if this is the case.

Sean Dennison and Daria Uhlig contributed to the reporting for this article.

Bank hours vary by location and are subject to change. Always call your local branch to confirm.

About the Author

Taylor Bell is an Los Angeles-based journalist and staff writer for GOBankingRates covering personal finance. She is a former staff writer for ATTN: and has covered topics ranging from trending pop culture news to women’s social issues.

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