
Are banks open on New Year's Eve and New Year's Day? This is a question many folks are asking as the turn of the calendar year approaches.
The answer is mixed. Banks are open on New Year's Eve in 2025 because it falls on a Wednesday this year and it is not a federal holiday. However, banks will be closed on Thursday, January 1, in observance of New Year's Day because that is one of several federal holidays in 2026.