Bank of America, along with a number of other major financial institutions, will be closing its branches to the public on December 25th and January 1st, 2026. The closures are scheduled to observe the Christmas and New Year’s Day holidays.
Holiday Closures Across the Banking Sector
Banks generally adhere to the holiday schedule established by the Federal Reserve, which designates 11 federal holidays throughout the year as days off for employees. In addition to Bank of America, Wells Fargo, JP Morgan, Goldman Sachs, Chase, Citibank, U.S. Bank, SunTrust Bank, Capital One, Citizens Bank, Santander Bank, BBVA, and Compass are also among the major banks planning to close on December 25th and January 1st, 2026.
While physical bank branches will be closed, online and ATM services will remain available to customers. Individuals can continue to manage their finances through online bill payments, money transfers, ATM deposits and withdrawals, and mobile banking applications.
However, customers should be aware that payments scheduled for a federal holiday may not begin processing until the next business day – December 26th and January 2nd, respectively. Some banks may also operate with reduced hours on Christmas Eve and New Year’s Eve.
Beyond Banking: Widespread Closures
The impact of these federal holidays extends beyond the banking sector. Federal government offices, schools, post offices, public libraries, and the stock market are all scheduled to be closed. Many major supermarkets and retail stores are expected to operate with shorter hours on Christmas Eve and will be closed on December 25th. Restaurant availability will vary, with some remaining open and others operating on reduced schedules. Costco has confirmed it will be closed on New Year’s Day.
Bank of America’s 2026 Holiday Schedule
Bank of America has announced closures on the following 11 dates in 2026:
- New Year’s Day: January 1, 2026
- Martin Luther King Day: January 19, 2026
- Presidents’ Day: February 16, 2026
- Memorial Day: May 25, 2026
- Juneteenth Day: June 19, 2026
- Independence Day: July 3, 2026
- Labor Day: September 7, 2026
- Columbus Day: October 12, 2026
- Veterans Day: November 11, 2026
- Thanksgiving Day: November 26, 2026
- Christmas Day: December 25, 2026
Frequently Asked Questions
Will I be able to access my money during these closures?
Yes, customers will still be able to access their funds through online banking and ATMs during the bank closures.
What happens if I schedule a payment on a holiday?
Payments scheduled on a federal holiday will likely begin processing on the next business day.
Are all banks closed on the same days?
Yes, most major banks follow the same holiday schedule as the Federal Reserve, meaning they will generally be closed on the same dates.
How might these scheduled bank closures impact your financial planning for the upcoming year?
