New Year's Eve is Monday, Dec. 31, and while most banks are closed New Year's Day, Jan. 1, some customers are asking, "Are banks open on New Year's Eve Day, Dec. 31?" Even Walmart is open New Year's Eve, does that mean banks are open late New Year's Eve Day as well?
Speaking of the United States financial crisis, on New Year's Eve Day, Monday, Dec. 31, NBC Chicago reported President Barack Obama urged lawmakers to pass the Fiscal Cliff deal by midnight tonight!
"President Barack Obama and congressional leaders are scrambling to bridge their differences Monday, New Year's Eve, the last day before a midnight deadline for fiscal cliff negotiations."
"Senate leaders are racing against the clock to reach a "fiscal cliff" deal the House and Senate can approve on New Year's Eve."
Are Banks Open New Year's Eve, December 31, 2012?
A federal and public holiday, New Year's Day is always observed on the first day in January. It follows New Year's Eve which is also an abbreviated business day in most banks. This year, New Year's Day is observed on Tuesday, January 1, 2013.
United States post offices are also closed on New Year's Day and there's no mail delivery either (except for expensive Express Mail). Read 2013 USPS Post Office Holiday New Year's Day: Mail Delivery New Year's Eve 12/31? for more details.
Some Rhode Island banks will have an abbreviated business day on New Year's Eve and close early, some by noon. Greenwood Credit Union will close New Year's Eve at 3 p.m. It's best to call your local bank branch before venturing out. Of course, almost all ATMs are open New Year's Eve except where they may be located inside a supermarket or convenience store that is also closed for New Year's Eve Day.
New Year's Day Observed, Tuesday, January 1, 2013
Because New Year's Day is also a post office holiday, just about all banks in the Providence, Rhode Island area are closed as well. Banks that are closed on New Year's Day and New Year's Eve will reopen for normal business Wednesday, Jan. 2.
R.I. Banks Closed New Year's Day, January 1, 2013
Here in the Providence, Rhode Island area, the following banks observe the New Year's Day holiday, and their lobby and drive-up windows are closed for business. Local ATM machines are almost always open unless they're inside a bank lobby or a store that is closed. Check first to be sure as availability and/or hours may vary with locations. NOTE: All transactions made on January 1 will be processed the next business day (with exceptions).
TD Bank stores are not open on New Year's Day, Jan. 1.
Webster Bank's holiday schedule shows that their banks are not open on New Year's Day.
Citizens Bank holiday schedule shows that their banks are closed on New Year's Day.
Washington Trust Bank holiday schedule shows the bank is not open New Year's Day.
Sovereign Bank offices will be closed to observe the New Year's Day holiday.
Coastway Credit Union observes New Year's Day as a bank holiday January 1, 2013.
Greenwood Credit Union's holiday schedule reports the bank is closed New Year's Day.
Bank of America reports banking centers will be closed on Tuesday, Jan. 1, in observance of New Year's Day.
2013 Bank Holidays (with exceptions)
- Tuesday, Jan. 1, 2013 - New Year’s Day (Observed)
- Monday, Jan. 21, 2013 - Martin Luther King Jr's Birthday (see TD Bank)
- Monday, Feb. 18, 2013 - Washington's Birthday (Presidents' Day) (see TD Bank)
- Monday, May 27, 2013 - Memorial Day (see TD Bank)
- Thursday, July 4, 2013 - Independence Day (see TD Bank)
- Monday, Aug. 12, 2013 - Victory Day (some banks are closed this day)
- Monday, Sept. 2, 2013 - Labor Day (see TD Bank)
- Monday, Oct. 14, 2013 - Columbus Day (see TD Bank)
- Monday, Nov. 11, 2013 - Veterans Day (see TD Bank)
- Thursday, Nov. 28, 2013 - Thanksgiving Day
- Wednesday, Dec. 25, 2013 - Christmas Day
- Wednesday, Jan. 1, 2014 - New Year's Day
Sources: Credit: Washington Trust, Bank of America, Sovereign Bank, Coastway Credit Union, Greenwood Credit Union, Webster Bank; Citizens Bank
Photo Credit: Most banks are closed, not open New Year's Day, Tuesday, January 1, 2013. Currency image by www.sxc.hu emsago.