Bank of America to Close All Branches for 24 Hours – What You Need to Know

If you have banking errands to run, you may want to take care of them ahead of Presidents’ Day, as major financial institutions, including Bank of America, Wells Fargo, and Chase, will temporarily close their branches in observance of the holiday.

When Will Banks Be Closed?

This year, Presidents’ Day falls on Monday, February 19, 2024. However, some banks, including Bank of America, Chase, and Wells Fargo, will close their doors a few days before the holiday, impacting customers who need in-person services.

Many banks are expected to close on Saturday, February 17, in addition to the official holiday closure on February 19. During this time, customers may need to rely on ATMs, mobile banking, or online services to manage their accounts.

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What Else Will Be Affected?

In addition to bank closures, other services will be impacted, including:

• Stock and bond markets – U.S. financial markets will pause trading for the day.
• Mail services – The U.S. Postal Service will not deliver mail, and post offices will be closed.
• Shipping services – Unlike postal services, UPS will continue its regular operations on Presidents’ Day.

The Significance of Presidents’ Day

Presidents’ Day, originally established to honor George Washington’s birthday, is observed on the third Monday of February each year.

While Washington was born on February 11, 1731, his birthdate was later adjusted to February 22, 1732, due to the shift from the Julian calendar to the Gregorian calendar in 1752. The holiday now recognizes both Washington and Abraham Lincoln, who was born on February 12, 1809.

Although Congress has never mandated Presidents’ Day as a nationwide holiday, it remains one of 11 recognized federal holidays, giving government employees the day off and prompting widespread closures in the financial sector.

Looking Ahead

For those wondering about next year’s holiday schedule, Presidents’ Day in 2025 will fall on Monday, February 17. If you need to visit your bank, it’s best to plan ahead to avoid any inconvenience!

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Lailyah Duncan

Lailyah Duncan is an insightful writer at The Chieftain Spear, where she explores themes of culture, resilience, and community through compelling storytelling. Passionate about bringing diverse perspectives to light, Lailyah's work reflects a deep commitment to empowering voices and fostering meaningful conversations. With a talent for weaving narrative and purpose, she continues to inspire her readers with thought-provoking articles that celebrate heritage and advocate for positive change.

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