While Memorial Day parades and cookouts are in full swing, many Americans are also asking, “Are banks open on Memorial Day?” Memorial Day is a federal holiday and also a bank holiday in many areas.
This year, Memorial Day is observed Monday, May 28, 2012. The banking answer is yes, and no. Most banks in the Providence, Rhode Island area will be closed, but there are exceptions. As some local Rhode Islanders may recall, a number of local Citizens Banks and TD Banks were open on Presidents’ Day with normal and/or limited in-store branch hours on Monday, February 20, 2012!
For the remainder of local banks though, you’ll most likely have to wait until Tuesday, May 29, 2012 when the banks reopen with normal business hours. Of course, you can always use the ATM machines to withdraw money for all the Memorial Day sales that are going on! Call first to make sure before venturing out.
Most Rhode Island Banks are Closed on Memorial Day 2012
Here in the Providence, Rhode Island area, the following banks observe Memorial Day 2012, and their lobby and drive-up windows are closed. Local ATM machines are almost always open unless they’re inside a bank lobby. Call first to be sure.
Washington Trust’s Bank Holiday Schedule shows the bank is not open on Memorial Day.
Sovereign Bank offices will be closed to observe the 2012 Memorial Day holiday.
Coastway Credit Union observes Memorial Day as a bank holiday on Monday, May 28, 2012.
Greenwood Credit Union’s holiday schedule reports their banks are closed Memorial Day 2012.
Bank of America offices and banking centers will be closed in observance of Memorial Day.
2012 Bank Holidays (with exceptions)
Monday, January 2, 2012 – New Year’s Day (Observed)
Monday, January 16, 2012 – Martin Luther King Jr’s Birthday
Monday, February 20, 2012 – Washington’s Birthday (Presidents’ Day)
Monday, May 28, 2012 – Memorial Day
Wednesday, July 4, 2012 – Independence Day
Victory Day (some banks are closed this day)
Monday, September 3, 2012 – Labor Day
Monday, October 18, 2012 – Columbus Day
Monday, November 12, 2012 – Veterans Day
Thursday, November 22, 2012 – Thanksgiving Day
Tuesday, December 25, 2012 – Christmas Day
Tuesday, January 1, 2013 – New Year’s Day
Is There Mail Delivery on Memorial Day 2012?
Wondering if the post office is delivering mail on Memorial Day? Read USPS holidays 2012 Memorial Day: Post office closed not open postal holiday 5/28 for more information.
Sources: Citizens Bank, Washington Trust, Bank of America, Sovereign Bank, Coastway Credit Union, Greenwood Credit Union, TD Bank
Photo Credit: BEAUFORT, SC – MAY 27: Thousands of American flags are piled up in a bin before a group of fifth grade students from the Lady’s Island Intermediate School show up to help the Beaufort National Cemetery prepare for it’s upcoming Memorial Day event May 27, 2011 in Beaufort, South Carolina. Each year the local schools help the historic national cemetery place flags on it’s more than 18,000 graves. (Stephen Morton/Getty Images)