Chase Bank Shuts Down All Locations for 24 Hours on Presidents Day

Chase Bank has announced that all of its 4,700 locations across the United States will be closed for 24 hours in observance of Presidents Day, a federal holiday.

This closure is part of a broader trend, as many other banks will also shut their doors for the day, allowing employees to honor the contributions of past U.S. presidents.

Covered in Post

• Chase Bank will close all 4,700 locations for 24 hours on Presidents Day.

• Online banking and ATMs will remain accessible to customers.

• Other major banks, including Wells Fargo and Citi Bank, will also be closed.

• Transactions may take longer to process due to the holiday.

Understanding Presidents Day

Presidents Day, observed on the third Monday of February, is a federal holiday that honors all U.S. presidents, particularly George Washington and Abraham Lincoln. Originally established in 1885 to celebrate Washington's birthday, the holiday has evolved to recognize the contributions of all presidents.

The Uniform Monday Holiday Act, enacted in 1971, moved the celebration to the third Monday in February, creating a long weekend for many Americans. This year, Presidents Day falls on February 17, 2025, exactly halfway between the birthdays of Washington (February 22) and Lincoln (February 12).

Impact on Banking Services

While Chase Bank's physical locations will be closed, customers can still access their accounts through online banking and ATMs. This means that essential banking services such as bill payments, fund transfers, and balance inquiries can still be conducted digitally. However, customers needing in-person assistance or cash withdrawals from tellers will have to wait until the bank reopens on Tuesday.

Other banks, including Wells Fargo and Citi Bank, will also observe the holiday, meaning that customers should plan accordingly. Here are some important points regarding banking services on Presidents Day:

• Online Banking: Available for transactions, bill payments, and account management.

• ATMs: Accessible for cash withdrawals and balance inquiries.

• In-Person Services: Unavailable until Tuesday, February 18.

• Transaction Processing: May be delayed, with some transactions not processed until the next business day.

What to Expect on Presidents Day

On Presidents Day, many businesses and government services will be closed, including:

• Banks: All major banks will be closed.

• Stock Market: The stock market will not operate on this federal holiday.

• Government Services: Federal and state offices, as well as public schools, will also be closed.

However, many retail businesses, restaurants, and grocery stores will remain open, allowing consumers to shop and dine as usual. This holiday is also known for its sales and discounts, making it a popular time for consumers to take advantage of deals.

Lastly

Chase Bank's decision to close all locations for 24 hours on Presidents Day reflects a commitment to honoring the nation's history and its leaders. Customers are encouraged to utilize online banking services during this time and to plan their banking needs accordingly, as in-person services will not be available until the following day.

Read: Chase Bank Sued Over Alleged Zelle Fraud: A Legal Battle Unfolds