Are Banks Open On New Year’s Day 2020?

Banks Open and closed

Below is a list of banks that are open New Year’s Eve, Tuesday, December 31, 2019.

Although banks are open on New Year’s Eve, some banks will have shortened holiday hours on New Year’s Eve which can vary from bank to bank and branch to branch.

So it is best that you call ahead to the local bank branch near you to be sure that they are open on New Year’s Eve 2019.

Is New Year’s Eve A Federal Holiday?

New Year’s Eve is not a federal holiday, so most banks will be open on New Year’s Eve 2019.

Is New Year’s Day A Federal Holiday?

Most banks will be closed on New Year’s Day, Wednesday, January 1, 2020, because it is a federal holiday and the Federal Reserve Bank is closed on New Year’s Day.

New Year’s Eve & Day Bank Deposits

Also, because New Year’s Day is a federal holiday, this can delay when bank deposits are credited to your account, depending on your bank’s holiday deposit schedule.

This includes deposits made by customers, payroll deposits, and other direct deposits such as Supplemental Security Income (SSI) deposits that will be made on New Year’s Eve, December 31, 2019, but may not be credited to some bank accounts until January 2, 2020, or later.

List of Banks Open On New Year’s Eve 2019

Most banks will be open on New Year’s Eve, Tuesday, December 31, 2019, including Ally Bank, Bank of America, Capital One, Chase Bank, CitiBank, Fifth Third Bank, HSBC, Huntington National Bank, PNC Bank, Regions Banks, SunTrust Bank, TD Bank, and Wells Fargo.