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Chase Bank To Close 5,300 US Branches For 24 Hours On MLK Day - Which Services Will Be Unavailable?

CHASE Bank will temporarily shut down all of its branches nationwide for on Monday (January 19), which will leave millions of customers without access to in-person banking services. The closure will take place in observance of Martin Luther King Jr Day. On that day, all 5,300+ Chase Bank branches across the United States will remain closed. This move follows the Federal Reserve holiday schedule, which most major banks follow every year. Similar closures are expected across the banking sector. Even though branches will be closed, online banking, mobile apps, and over 15,000 Chase ATMs will continue to work.

Chase Bank To Close 5,300 US Branches For 24 Hours On MLK Day - Which Services Will Be Unavailable?

Credit: Timesnownews

Key Highlights

  • Customers will still be able to withdraw cash, deposit checks, check balances, and transfer money through digital services. However, services that require staff assistance will not be available.
  • These include loan applications, notary services, account help, and access to safe deposit boxes. READ ALSO | Colombia Plane Crash Videos: Footage Shows Yeison Jimenez’s Aircraft On Runway Moments Before Fatal CrashDuring the holiday, customers will not be able to walk into any Chase branch for help.
  • Any transaction done on January 19 will stay pending until January 20, the next business day. This delay could cause issues such as late bill payments, delayed fund transfers, and temporary account balance problems.
  • In many cases, businesses may waive late fees if customers can show that payment was made on the holiday.
  • Still, experts recommend planning ahead to avoid trouble. Customers hoping to visit another bank instead will face the same issue.
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Sources

  1. Chase Bank To Close 5,300 US Branches For 24 Hours On MLK Day - Which Services Will Be Unavailable?

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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