The operational status of banking institutions on Patriots' Day is contingent upon its classification as a state holiday, not a federal one. Consequently, the majority of banks across the United States remain open, with closures geographically limited to the specific jurisdictions that officially observe the holiday.
Patriots' Day is recognized on the third Monday of April in Massachusetts, Maine, and Connecticut. The Federal Reserve System, which establishes the national banking holiday schedule, does not include this date. Therefore, only financial institutions located within these particular states typically cease operations. While Wisconsin also legally recognizes the day, it is not a public or banking holiday, so financial services there are unaffected.
For individuals requiring banking services on this day, it is advisable to confirm the operating hours of their specific local branch, especially within the observing states. Outside of Massachusetts, Maine, and Connecticut, financial institutions, including national bank branches and federal credit unions, are expected to conduct business as usual.
