No, banks are closed on Veterans Day. Veterans Day (November 11) is a federal holiday honoring military veterans, which means federally regulated banks close and the Federal Reserve doesn’t process transactions. However, Veterans Day is unique—the stock market stays open while banks close. Here’s everything you need to know.

When Is Veterans Day?

Veterans Day is always observed on November 11, regardless of what day of the week it falls on. However, when November 11 falls on a weekend, the federal observance shifts:

When Nov 11 Falls Federal Observance
Monday-Friday November 11
Saturday Friday, November 10
Sunday Monday, November 12

Veterans Day Dates 2025-2029

Year November 11 Day Bank Closing
2025 Tuesday Tuesday, Nov 11
2026 Wednesday Wednesday, Nov 11
2027 Thursday Thursday, Nov 11
2028 Saturday Friday, Nov 10
2029 Sunday Monday, Nov 12

Unlike most federal holidays, Veterans Day doesn’t always create a three-day weekend—it honors the date itself (the armistice that ended World War I on November 11, 1918).

What’s Closed on Veterans Day?

Veterans Day closures differ from many other federal holidays because not everything shuts down. Banks, government offices, and the post office close, but retailers stay open and—uniquely—so does the stock market.

Institution Open on Veterans Day?
Banks ❌ Closed
Credit unions ❌ Closed
Federal Reserve ❌ Closed
Stock markets (NYSE, NASDAQ) ✅ Open
Bond markets ❌ Closed
Post office ❌ Closed
Federal government offices ❌ Closed
State government offices ⚠️ Varies
Most retail stores ✅ Open
Schools ⚠️ Varies

Important: Veterans Day is one of only two federal holidays (along with Columbus Day) where the stock market remains open while banks close.

What Banking Services Work on Veterans Day?

Electronic banking services continue operating, giving you access to your accounts through apps, websites, and ATMs. The limitation is inter-bank transfers—money moving between different financial institutions must wait until the Federal Reserve reopens.

Service Available? Notes
ATM withdrawals ✅ Yes 24/7 access
ATM deposits ✅ Yes Processes next business day
Mobile banking ✅ Yes Full functionality
Online banking ✅ Yes Full access
Debit card payments ✅ Yes Works normally
Credit card payments ✅ Yes Works normally
Zelle ✅ Yes Instant for enrolled users
Same-bank transfers ✅ Yes Usually instant
Mobile check deposit ✅ Yes Clears next business day
ACH transfers ⚠️ Initiated only Settles next business day
Wire transfers ❌ No Fed closed
Branch services ❌ No Closed

For sending money to friends or family, Zelle provides instant transfers between enrolled bank accounts. Compare your options in our Zelle vs. Venmo vs. PayPal guide.

Major Banks on Veterans Day

All major banks close on Veterans Day, following the Federal Reserve holiday calendar. This applies even to banks that serve military members—the closure is based on Fed operations, not customer demographics.

Bank Veterans Day Status 24/7 ATM Access
Chase ❌ Closed ✅ Yes
Bank of America ❌ Closed ✅ Yes
Wells Fargo ❌ Closed ✅ Yes
Citi ❌ Closed ✅ Yes
Capital One ❌ Closed ✅ Yes
PNC ❌ Closed ✅ Yes
TD Bank ❌ Closed ✅ Yes
US Bank ❌ Closed ✅ Yes
Truist ❌ Closed ✅ Yes
USAA ❌ Closed ✅ Yes

USAA, which primarily serves military members, also closes on Veterans Day—all banks follow the Federal Reserve calendar regardless of their customer base. For typical hours on regular business days, see our guides for Chase Bank hours, Bank of America hours, and Wells Fargo hours.

Stock Market vs. Banks on Veterans Day

Veterans Day creates a unique situation where you can trade stocks but can’t access traditional banking. This is one of only two holidays (along with Columbus Day) where this split occurs. If you’re an active investor, plan accordingly:

Activity Available on Veterans Day?
Buy/sell stocks ✅ Yes
Buy/sell ETFs ✅ Yes
Options trading ✅ Yes
Fund brokerage via ACH ❌ No (won’t settle)
Withdraw to bank ❌ No (won’t settle)
Bond trading ❌ No (market closed)
Bank wire to brokerage ❌ No

Planning tip: If you want to trade on Veterans Day, ensure your brokerage account is funded by the business day before. ACH transfers initiated on Veterans Day won’t process until the next business day.

How Veterans Day Affects Your Money

Veterans Day often falls mid-week, which can complicate payroll and bill timing differently than Monday holidays. Here’s what to expect:

Direct Deposits

Veterans Day often falls mid-week, which can complicate payroll:

Payday Situation When You Get Paid
Payday is Nov 11 Business day before (typically Nov 10)
Payday is day after Nov 11 Usually no change
Weekly Friday payday Usually no change

Most payroll providers (ADP, Paychex, Gusto) automatically release direct deposits early when payday falls on a federal holiday.

VA Benefits

Veterans Affairs benefits follow a specific schedule:

Benefit Type Veterans Day Impact
VA disability compensation Typically arrives Nov 1 (first of month)
VA pension Typically arrives Nov 1
Education benefits May be delayed if due Nov 11

VA benefit payments are typically deposited on the first of the month, so Veterans Day rarely affects them directly.

Social Security

If your Social Security payment date falls on Veterans Day:

Regular Payment Day When You Receive Payment
November 11 Business day before
After November 11 Normal schedule

Bill Payments

Payment Type What Happens
Autopay scheduled for Nov 11 Processes next business day
Online bill pay Submit day before for timely processing
Mortgage/rent due Nov 11 Most allow grace period

Veterans Day 2025: Special Considerations

In 2025, Veterans Day falls on Tuesday, November 11, which creates an interesting week:

Day Date Bank Status Stock Market
Monday Nov 10 ✅ Open ✅ Open
Tuesday Nov 11 ❌ Closed ✅ Open
Wednesday Nov 12 ✅ Open ✅ Open

This mid-week closure means:

  • Monday transactions process normally
  • Tuesday: Banks closed, but stock market open
  • ACH initiated Monday evening processes Wednesday
  • No three-day weekend effect

Veterans Day 2028: Weekend Observance

When Veterans Day falls on Saturday (2028), banks observe it on Friday:

Day Date Bank Status
Friday Nov 10 ❌ Closed (observed)
Saturday Nov 11 (Normal Saturday hours)
Sunday Nov 12 Closed
Monday Nov 13 ✅ Open

This creates a three-day weekend for banking purposes.

Planning Your Banking Around Veterans Day

Because Veterans Day can fall on any day of the week, planning requires checking the calendar each year. Unlike Monday holidays that always create three-day weekends, Veterans Day may mean a mid-week branch closure. Here’s what to complete before the holiday:

Task Complete By
Large cash withdrawals Day before
Check deposits (need funds) 2-3 days before
Wire transfers Day before
Bill payments due Nov 11 Day before
Fund brokerage for trading Day before

What to Do If You Need Banking on Veterans Day

Most everyday banking needs can be handled through digital channels. If you need cash, be aware of your bank’s ATM withdrawal limits—some banks cap daily withdrawals at $500-$1,000.

Need Solution
Cash ATM or grocery store cash back
Deposit cash ATM deposit (processes next day)
Deposit check Mobile deposit (clears next day)
Pay a bill Online bill pay or company website
Transfer money Zelle (instant) or app transfer
Trade stocks Brokerage available (markets open)
Emergency 24/7 phone support

Veterans Day Deals and Services for Veterans

While banks close, many businesses offer special discounts and free services to veterans on November 11. This makes Veterans Day a busy shopping and dining day despite being a federal holiday.

Business Type Common Veterans Day Offers
Restaurants Free meals for veterans
Retail stores Discounts for veterans
Hotels Special veteran rates
National parks Free admission
Entertainment Free admission/discounts

Check individual businesses for veteran ID requirements and specific offers.

Credit Unions on Veterans Day

Credit Union Type Veterans Day Status
Federal credit unions ❌ Closed
State-chartered credit unions ❌ Usually closed
Navy Federal Credit Union ❌ Closed
USAA Federal Savings Bank ❌ Closed
PenFed Credit Union ❌ Closed

Military-focused credit unions follow the same federal holiday calendar as other financial institutions.

Veterans Day vs. Nearby Holidays

Veterans Day sits between Columbus Day and Thanksgiving:

Holiday 2025 Date Banks Stock Market
Columbus Day Oct 13 ❌ Closed ✅ Open
Veterans Day Nov 11 ❌ Closed ✅ Open
Thanksgiving Nov 27 ❌ Closed ❌ Closed
Day After Thanksgiving Nov 28 ✅ Open ⚠️ Early close (1PM)

Plan for three potential bank closures within about six weeks during the fall.

Emergency Banking on Veterans Day

If you have an urgent banking need:

Emergency Solution
Lost/stolen debit card Call 24/7 fraud hotline
Lost/stolen credit card Call issuer’s 24/7 line
Fraud on account Report through app or phone
Need emergency funds ATM withdrawal, credit card
Account access issues Phone support available

Major bank 24/7 phone lines:

  • Chase: 800-935-9935
  • Bank of America: 800-432-1000
  • Wells Fargo: 800-869-3557
  • Citi: 800-374-9700
  • USAA: 800-531-8722

Key Takeaways

Question Answer
Are banks open on Veterans Day? No, banks are closed
When is Veterans Day? Always November 11
2025 Veterans Day Tuesday, November 11
2026 Veterans Day Wednesday, November 11
Is the stock market open? Yes, regular hours
Do ATMs work? Yes, ATMs available 24/7
When do ACH transfers process? Next business day

Bottom line: Banks close on Veterans Day because the Federal Reserve doesn’t operate. However, the stock market remains open—one of only two such holidays. Plan bank-related tasks for the day before, but you can still trade stocks, use ATMs, and access digital banking on November 11.