The majority of banks are open, or at the very least, offer truncated hours. Bank of America, Chase Bank, Citibank and PNC Bank are expected to be open. However, Wells Fargo and US Bank might have early closing times.
Here’s some of the banks that are open on Christmas Eve:
Bank of the West
BB&T
BBVA Compass - closes 1 p.m. Christmas Eve
KeyBank
M&T Bank
Regions Bank
Santander Bank- all branches closed at 3 p.m. Christmas Eve
SunTrust Bank
TD Bank
U.S. Bank - some branches close early
Wells Fargo - some branches close early
According to GoBankingRates.com:
Generally, banks open and close in accordance with Federal Reserve bank holidays. Unlike Christmas Day, Christmas Eve is not a bank holiday recognized by the Federal Reserve, which means it will be open and operating, offering behind-the-scenes support for banks and transactions; this is why most banks will be open on Christmas Eve.
Although most banks will be open, customers should note that many banks and credit unions are offering limited hours. This is to allow their employees to also make necessary preparations and begin celebrating the holiday.
Wells Fargo, for instance, notes on a posting of its holiday hours that some of its branches will be offering briefer hours on Christmas Eve. As such, GOBankingRates recommends that customers call their banks or credit unions to verify Christmas Eve hours before visiting their local branch.
AP update:
Severe weather could snarl holiday travel
CHICAGO (AP) — A wintry mix of Gulf Coast thunderstorms expected to travel north, predicted snowfall in the Great Lakes and blustery conditions in the nation’s midsection threatened Tuesday to snag holiday travel plans nationwide.
While snow fell in some Midwestern states Tuesday — nearly 2 feet in South Dakota’s Black Hills — a strong storm system expected to drop rain along the East Coast and snow from Missouri to Michigan developed in Mississippi, Georgia and Louisiana, among other southern states. The severe storms in the South killed at least four people, damaged homes, businesses and cars, and knocked out power to thousands.
Meteorologists predicted rain-into-snow for parts of the Great Lakes region, with several inches of ChristmasEve snow expected in portions of Illinois. Officials at both airport hubs in the nation’s third-largest city readied for the potential of holiday delays and cancellations, particularly with more people expected to fly this year.
“I'd be nervous about the possibility of not being able to get out,” said Chicago area meteorologist Charles Mott. “I would definitely make plans about possibly staying put or doing something else.”
About 4.2 million passengers are expected through O‘Hare and Midway international airports during an 18-day holiday travel period ending Jan. 6, said Chicago Aviation Department spokeswoman Karen Pride. That would be a 3 percent increase at O’Hare and a 9 percent jump at Midway compared to last year. Pride urged travelers to allow plenty of time and monitor airlines closely.
Elsewhere, a blast of cold and snowy conditions affected travel Tuesday.
Dozens of flights in and out of Philadelphia International Airport were canceled and others saw delays of about two hours due to bad weather and low clouds.
