Archive for July 8, 2015

Are Banks Available on Holiday?

Public holidays are not usually mandated by the government in United States. You cannot find a law that makes all businesses close during a national holiday. Federal holidays are only declared by the federal states which means that is only implemented within the states it was declared.image

What if it is holiday today? Are banks open today? This question can be confusing because banks observes different holiday. But mostly bank holidays are the same with the federal holidays. JP Morgan Chase bank observes the Federal holidays but does not observe the Columbus Day. So, this will eventually depends on the bank you are enrolled.

Banking holidays can sometimes ruin our plan to accomplish some basic task for our financial obligation. There are tasks which might require the help of a teller or any bank representative. What if it’s a banking holiday? So unfortunately the bank is close. How can you pay your financial obligation? This is why it is very important for someone to plan ahead this kind of task. Even if the bank is close, it does not mean you are excused with what you owe.

But there are still other ways you can do some basic transaction, if the task involves depositing money or paying bills. This means that if the payment can be conducted on basic transaction. You can visit any ATM or the website of the bank. You can do some basic transaction in ATM. You can also do it with an online account on the website of the bank, except withdrawing funds.

Just check the website of your bank to know whether they are close or open during a federal holiday. You can find a list of the banking holiday your bank observes.