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US FEDERAL HOLIDAYS

Bank opening hours on Veterans Day: Bank of America, Citi, Wells Fargo, JP Morgan, Goldman Sachs

One the eleven US federal holidays is just around the corner, Veterans Day, which means that most banks will be closed for the day on Friday 11 November.

Bank opening hours on Veterans Day
Michael M. SantiagoGetty

Originally known as Armistice Day, the date marking the anniversary of the end of World War I in 1918, is a day to honor those who have served in the armed forces. 11 November is now called Veterans Day and is one of the eleven federal holidays recognized in the United States.

While for a period during the 1970s the federal holiday was observed on the fourth Monday in October, by 1978 it had reverted back to the original date. This year, Veterans Day falls on Friday, 11 November.

As it is a federal holiday, the vast majority of banks will be closed for the day. Anyone who banks with Bank of America, Citi, Wells Fargo, JP Morgan or Goldman Sachs, amongst others, will have to wait until Friday to use their in-person services.

What else is closed on Veterans Day?

Because it is federal holiday, most non-emergency public services will be closed for the day. Federal government offices; state, city and town offices; and US District Courts will all be closed. The same goes for Department of Motor Vehicles offices, which will not be operating on Veterans Day.

Schools will remain shut for the day, and other services like post offices and public libraries will not be open in most areas.

Most large retailers will be open on Veterans Day, but some may have reduced opening hours. It is best to check with your local retailer before making a trip out to the store.

Veterans Day deals on offer for active-duty and retired servicemen and women

A 2020 report from the US Census Bureau found that there are around 18 million veterans in the United States, with fewer than 500,000 who served during World War II. The median age of all veterans is roughly 37.

To honor their sacrifices, many national chains offer certain deals and perks to former and active servicemen and women on Veterans Day. Most require proof of a military ID before it can be claimed, while some accept uniform as a form of identification.

Popular restaurants like Applebee’s; Brick House Tavern + Tap; Caesars; Dunkin’ Donuts and IHOP all offer free menu items or sizeable discounts for those who have served.

Starbucks is offering a free tall (12-oz) both hot and iced coffee, but does not include cold brew, for all veterans, military service members and military spouses on 11 November. They will also be splitting a $200,000 donation to veteran-focused charities Team Red, White & Blue and Team Rubicon.