This coming Monday, July 4th, is American Independence Day and the majority of businesses will remain shut to observe the holiday. The holiday is expected to bring barbecues, fireworks, and citizens wearing red, white, and blue across all communities.
The historical day took place more than two centuries ago in 1776 to mark the birth of the United States after the legendary John Adams, Benjamin Franklin, Thomas Jefferson, Roger Sherman, and Robert Livingston led from the front during the political liberation of the 13 North American colonies which were ruled by Great Britain.
We will cover if banks will be open for business on the 4th of July (2022 Independence Day) in our article today. Read on!
Are Banks Open on July 4th?
The majority of the US financial institutions adhere to the Federal Reserve System’s holiday schedule. July 4th is a U.S. federal holiday and a Bank Holiday which implies non-essential federal government offices will remain closed along with all banks operating in the country.
Here is the list of banks that will be closed for business and will be back to business on Tuesday, 5th July.
- Bank of America
- BB&T
- BBVA
- BMO Harris Bank
- Citigroup
- Chase
- Citizens Bank
- City National Bank
- First Citizens Bank
- HSBC
- Huntington
- JP Morgan
- KeyBank
- M&T Bank
- Northern Trust
- PNC Bank
- Regions
- Santander Bank
- SunTrust
- TD Bank
- The Bank of New York Mellon
- Union Bank
- U.S. Bank
- Wells Fargo
- Westfield Bank
- Zions Bank
We would suggest checking with your respective bank branch if it is not there in the above list to ensure if they are open in case you plan to visit the bank.
ATM, Mobile, and Online Banking
However, banks’ digital tools and online banking including ATM branches will continue to remain operational. Mobile and online banking are alternative digital options available to citizens which can assist in the transfer of money by simply sitting at your own home 24*7.
Many banks have apps available on Google Play Store or Apple stores that can be downloaded onto your mobile phone to check your balance, wire money, and other banking-related activity. There is an option to deposit checks in a few ATMs as well.
Most banks have websites and other digital media tools which can only be accessed if you have enabled the option by registering before July 4th. If you have not done so please rush to your nearby branch and activate the facility.
Are US Stock Markets Open?
American stock exchanges – The New York Stock Exchange (NYSE), CBOE, and NASDAQ will be closed on Monday.
Are Post Offices Working?
The U.S. Postal Service observes the 4th of July as a holiday along with 10 other official holidays this year.
The Postal Service will not deliver regular mail and packages on the eve of Independence this year. It has also to be noted that FedEx and UPS have their own schedule during such days and they will not accept deliveries on the 4th of July unless there is something really crucial.
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