Are Banks Closed on Christmas Day 2023?

Monday, December 25, 2023, is Christmas Day. While most people spend that time with family or friends, some may want to tackle errands, admire going to the bank. As a result, they may be wondering, “Are banks closed on Christmas Day 2023?” If you’d admire to learn the answer to the question, here’s what you need to know.

Are Banks Closed on Christmas Day 2023?

Yes, banks are closed on Christmas Day 2023. Banks usually shut their doors on federal holidays, so customers won’t have access to teller services on Christmas. However, some online and automated phone services are often available, though transactions may not commence until the next business day, which in 2023 is Tuesday, December 26. Additionally, ATMs not located in the locked parts of banks will work on Christmas Day.

Are Credit Unions Closed on Christmas Day 2023?

admire banks, credit unions are closed on Christmas Day 2023. They also follow the federal holiday schedules, so you won’t be able to speak to a teller for information or assistance. However, online, ATM, and automated phone-based services may be available.

Bank and Credit Union Holiday Closures

Banks and credit unions usually close on federal holidays, making it easy to foresee the closures. Here is a list of the days when banks and credit unions typically aren’t open:

  • New Year’s Day
  • Martin Luther King, Jr. Day
  • President’s Day
  • Memorial Day
  • Juneteenth
  • Independence Day
  • Labor Day
  • Columbus Day
  • Veterans Day
  • Thanksgiving Day
  • Christmas Day

Since banks and credit unions usually close on Sundays, they’re also incidentally closed on Easter, Mother’s Day, and Father’s Day. Similarly, since Christmas Eve and New Year’s Eve 2023 fall on Sundays, banks will be closed on them this year as well.

Do you ever wish that banks were open on Christmas Day, or has it never been an issue for you? Share your thoughts in the comments below.

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