Chase Bank to Close All 5,300 US Branches for 24 Hours, Leaving Millions Without In-Person Banking

Chase plans to close 66 branches as banks increasingly focus on digital services and reduce physical locations. (Credit: iStock)

Every branch of Chase Bank in the United States will be closed on January 19th for 24 hours; 5,300 locations will have no counter service or face-to-face assistance available to customers. The timing may be inconvenient for many and could cause concern for others.

Chase Bank has chosen to close all its branches due to Martin Luther King Jr Day, a federal holiday observed by the Federal Reserve. Banks have traditionally been closed on this day since the 1930s; however, given the much larger customer base of today's Chase Bank, the impact on customers is significantly greater than in previous decades.