The recent announcement of a massive five-day bank closure in the United States has caused concern among customers who trust in-person services. But what does this specifically mean for Bank of America, one of the country's largest institutions?
For Bank of America customers, this means that during that period they won't be able to carry out in-person transactions: teller withdrawals, branch services, or in-person check deposits. The bank is thus aligning with closures of other major institutions, due to federal regulations that set massive closures on national banking system holidays.
Reasons for Bank of America's closure in 2025
The reason for Bank of America's closure and other major institutions is related to the holidays remaining in 2025. According to the official calendar, the next holiday will be Monday, September 1, when Labor Day is celebrated.
In October, meanwhile, the next day Bank of America will close will be Monday the 13th, for Columbus Day. In November, there will be two holidays: Tuesday the 11th, Veterans Day, and Thursday the 27th, Thanksgiving Day.
After that, to end the year, Bank of America has also announced that it will close its doors on December 25, for Christmas Day. This way, the institution joins other renowned ones that will remain closed on these designated days.
What Bank of America customers should do
Bank of America recommends noting these dates to complete in-person procedures in advance. If you need to deposit checks or make important payments, do so before the closure. In addition, they emphasize using digital channels, since the app and online banking will be available, as well as ATMs.
Meanwhile, it's also advisable to check limits, especially for large transfers. It's also worth noting that, although branches will be closed, phone lines usually operate on a limited schedule.
In addition to Bank of America, other major institutions will follow the same closure calendar. This is the case for Chase, Wells Fargo, and Citibank, which will also close their branches during this period. This is something you should keep in mind if you are a customer of these companies.