topic Re: Holiday heads up in Q Talk

Holiday heads up

SharkE — Wed, 27 Nov 2024 16:05:02 GMT

Banks will be closed Thurs. till next monday.

I'm in Tx.

Re: Holiday heads up

SharkE — Wed, 27 Nov 2024 16:06:55 GMT

Lobbies closed some places may have drive up tellers open on Friday. check your banks

Re: Holiday heads up

San Antonio Gal — Wed, 27 Nov 2024 16:09:28 GMT

Banks are open on Friday. Friday is not a holiday.

Re: Holiday heads up

They CallMe MRWILKES — Wed, 27 Nov 2024 16:14:54 GMT

I've never seen banks close on the Friday after Thanksgiving. Neither a federal holiday nor a Federal Reserve Bank holiday.

I've always worked that day. All equity markets are open, although major exchanges will close at 1 pm.

Re: Holiday heads up

Mom2Dogs — Wed, 27 Nov 2024 16:14:47 GMT

@SharkE Not in my area...Thursday is the only closed day.

Re: Holiday heads up

Imaoldhippie — Wed, 27 Nov 2024 16:23:40 GMT

Our local bank and credit union is open on Friday.

Re: Holiday heads up

shoptilyadropagain — Wed, 27 Nov 2024 16:35:11 GMT

My local banks will be open normal hours Friday and Saturday until noon.

Re: Holiday heads up

TheWanderingOne — Wed, 27 Nov 2024 16:49:15 GMT

Banks in Michigan are only closed for the actual holiday - normal operating hours on Friday & Saturday.

Re: Holiday heads up

Kachina624 — Wed, 27 Nov 2024 17:05:47 GMT

@SharkE wrote:
Lobbies closed some places may have drive up tellers open on Friday. check your banks

@SharkE. I was going to say, there's a law in Texas that banks can't be closed three consecutive days. I imagine most, if not all, states have the same rule.

Re: Holiday heads up

vermint — Wed, 27 Nov 2024 17:15:17 GMT

@SharkE I think @Kachina624 is right...we have the same laws in SC & GA. Banks can NOT be closed for 3 consecutive days, no matter if those days are weekends/holidays.

Where did you get your info?

Re: Holiday heads up

NYCLatinaMe — Wed, 27 Nov 2024 17:16:15 GMT

Regardless of any law about 3 days, why would they close on Friday? They are in it to make $$$, isn't this the biggest shopping day of the year?

Re: Holiday heads up

PinkyPetunia — Wed, 27 Nov 2024 17:16:38 GMT

Banks are open Black Friday, possibly reduced lobby hours. Most banks here (NJ) are open every Sat. till noon or 1pm. TD Bank has Sun. hours.

Even if the banks were closed 4 days, the ATM machines are always available. No reason to panic.

Re: Holiday heads up

riley1 — Wed, 27 Nov 2024 17:22:21 GMT

I don't think banks can be closed that many days in a row. My bank is open Friday

Re: Holiday heads up

Seminole2 — Wed, 27 Nov 2024 17:25:38 GMT

Ditto in FL. Can't be closed for more than 3 consecutive days. During Covid our banks did close on Saturdays but are now open again.

Re: Holiday heads up

faeriemoon — Wed, 27 Nov 2024 17:27:37 GMT

With all the shopping and credit card issues this weekend I can't imagine banks would be closed.

Re: Holiday heads up

NYCLatinaMe — Wed, 27 Nov 2024 17:41:20 GMT

You made me curious, so I looked up the Texas law

Texas Finance Code Title 3. Financial Institutions and Businesses,

Section 37.002 (c) "An office or operation may not remain closed for more than three consecutive days, excluding days on which the bank is customarily closed, without the [Texas] banking commissioner's approval."

So yes, they could be closed. @SharkE's bank is most likely, like most banks, customarily closed on Thanksgiving, Saturday and Sunday, so if they also closed on Friday, that is only ONE day they would be closed, so totally in compliance with that law.

[I do know some banks open on Saturday, but in my experience, not the majority. Doesn't affect this though.]

And the loophole is the Texas banking commissioner’s approval. Don't know if that is easy or hard to get,

Anyway, I think banks would want to be open, unless a branch may have staffing issues, and I am guessing that may happen in rural areas, or where there may be floods, roads closed, etc.

Re: Holiday heads up

gidgetgh — Wed, 27 Nov 2024 18:08:49 GMT

Isn't it a federal law that they can't be closed 3 days in a row?

In any case, my bank (in metro Atlanta) is closed Thursday and open Friday. Also open Saturday till 1 which is normal Saturday hours.

Re: Holiday heads up

Meowingkitty — Wed, 27 Nov 2024 18:31:57 GMT

By law banks are not allowed to be closed more than 3 days in a row. They are open on Friday.

Re: Holiday heads up

katie1859 — Wed, 27 Nov 2024 18:54:58 GMT

I'm in Illinois and bank at Woodforest Bank based out of Texas but in MANY Walmart stores.

They are open Friday and Saturday at usual hours.

Re: Holiday heads up

NYCLatinaMe — Wed, 27 Nov 2024 21:17:28 GMT

@gidgetgh wrote:
Isn't it a federal law that they can't be closed 3 days in a row?

In any case, my bank (in metro Atlanta) is closed Thursday and open Friday. Also open Saturday till 1 which is normal Saturday hours.

@gidgetgh I couldn't find any federal law. Generally banks want to be open though. It's a business. They make money off customers.