At 11 a.m. on Nov. 11, 1918, the guns of World War I fell silent as the warring parties signed the armistice that would end the most destructive conflict the world had seen at that time. Although the Treaty of Versailles officially ended the Great War in 1919, the world designated Nov. 11 as Armistice Day.
Armistice Day became a federal holiday in the U.S. in 1938. In 1954, after World War I, World War II and the Korean War, it was renamed Veterans Day to honor those who served and continue to serve. Today, banks and other institutions take the day off as a way to celebrate military veterans.
Will Your Bank Be Closed on Veterans Day?
Is Veterans Day a bank holiday? Although some financial institutions consider the day a bank holiday, others remain open on Veterans Day.
The Federal Reserve Bank, and all of its offices and branches, are closed on all federal holidays, including Veterans Day. Private banks, however, can choose to close, remain open or shorten their hours. The vast majority of banks follow the lead of the Federal Reserve and close in observance of Veterans Day.
This year, the event falls on a Saturday, so use this resource to find out if your financial institution will be closed that day. Here is a list of banks that are closed on Nov. 11:
- Bank of America
- Bank of the West
- BBVA Compass Bank
- BMO Harris
- Capital One Bank
- Chase Bank
- Fifth Third Bank
- Huntington Bank
- Huntington State Bank
- M&T Bank
- People’s United Bank
- Regions Bank
- Santander Bank
- Union Bank
- Wells Fargo (Closed Nov. 10)
- Eastern Bank
- People’s United Bank
- U.S. Bank
- PNC Bank (Traditional branches are closed.)
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Banks Open on Veterans Day
A handful of banks will be open on Veterans Day, specifically those inside grocery stores. Customers of the following banks can make in-branch transactions on Nov. 11, as these retail branch locations do not include the date as one of their bank holidays in 2017 — always call ahead to be sure, however:
- HSBC: Some branches are open.
- SunTrust Bank: Traditional branches will be closed, but in-store locations will remain open. Check with your local branch for details.
- TD Bank: All branches are open.
- Citizens Bank: All branches are open.
Although most banks are closed on Veterans Day, many keep their call centers open to handle customer service needs. Most banks also have mobile apps and online banking options that customers can utilize on federal holidays like Veterans Day. Still, you should keep in mind that Nov. 11 is not considered a business day for the majority of banks.
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