Many people may be making New Year’s resolutions to keep a closer eye on their finances, but are banks open on New Year’s Day 2023 if you need to make a visit?
As New Year falls on a Sunday this year, many people may be wondering what that means in terms of bank opening times around the end of the festive period.
We take a closer look as to whether banks are open on New Year’s Eve, Day and on January 2nd 2023.
Are Banks open on New Year’s Eve?
Yes, banks will be open on New Year’s Eve. New Year’s Eve is not usually classed as a bank holiday, and therefore banks will be open if they usually open on a Saturday.
Despite this, some may have reduced hours. GoBankingRates state that UBank and Citizen’s Bank will be closing earlier, however many others including Bank of America will stick to their usual hours.
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However, as always it is best to check with your local branch before heading out.
Are Banks open on New Year’s Day and January 2nd, 2023?
No, will not be open on New Year’s Day and January 2nd.
New Year’s Day falls on a Sunday when branches are usually shut. As January 2nd is a bank holiday in 2023, it is likely that most banks will also be shut the day after New Year.
GECU states that: “In observance of New Year’s Day, all GECU offices and branches will be closed on Monday, January 2, 2023.”
Customer support services on the holidays vary from branch to branch so it’s best to check with your local to see what hours they will be operating.
However, many banks have mobile and online banking options that users should still be able to access, even if their local branch is closed.
ATM’s will still be available to use throughout the New Year period if you’re in need of some cash.
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