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As of February 2025, Chase Bank, which is one of the largest banking institutions in the United States, maintains an estimated 4,700 branches across the country. These branches are known for offering various services such as personal accounts, business accounts, and financial advice. But customers should know that all Chase Bank branches will be closed for Presidents’ Day, a federal holiday observed on the third Monday in February. Presidents’ Day is on February 17, 2025.
Presidents’ Day Closure
All 4,700 Chase Bank branches will be closed on Presidents’ Day, February 17, 2025. This closure is consistent with the bank’s policy of closing branch locations on federal holidays, where they do not offer in-person services. Customers will not be able to conduct teller transactions, receive account assistance, or conduct other branch-specific services on this day. This applies to other major banks — Wells Fargo, Citi, and Bank of America — which will also be closed on Presidents’ Day.
Alternative Banking Options
Although their branches may be closing, Chase Bank provides several solutions so customers are still able to manage their money at home without missing a beat:
Digital Banking Customers can access their accounts on Chase’s mobile app and online banking interface. These digital services enable users to do a variety of things, including checking account balances, transferring funds, paying bills, and depositing checks remotely.
ATMs: Chase ATMs are open during the holiday. At these machines, customers can withdraw cash, deposit, and check account balances. But for anyone expecting to need larger doses of cash, planning is recommended, because not every ATM can dispense the cash already.
While these services are convenient, some transactions that are initiated on Presidents’ Day may not be processed until the next business day. For example, money transfers or bill payments may take longer because of the holiday calendar.
Planning Ahead
We ask customers to consider these changes when making their banking plans to minimize any inconvenience caused as a result of the branch closures. Here are some steps you might consider:
Plan for Large Transactions: If you are conducting branch transactions like wire transfers or large cash withdrawals, plan to group those transactions before the holiday.
Use Digital Tools: Get to know Chase’s online and mobile banking capabilities. Well, these platforms provide various services that you can get from home comfort.
Be Aware of Processing Times: Note that each transaction performed on the holiday may take a little longer to process. Make your arrangements well in advance to allow payments and/or transfers to leave on time.
Chase Bank’s Branch Strategy
In recent years, Chase Bank has faced challenges in adjusting its branch footprint to align with changing customer preferences and market conditions. Where some banks are shrinking their physical footprints in the face of the growing popularity of online banking, Chase has maintained a more even keel.
In December 2023, Marianne Lake, the co-CEO of JPMorgan’s consumer and community banking unit, said the bank had already made the most of consolidation in much of its branch network, with fewer prospects for consolidation remaining. Chase opened 9 branches between September 2021 and September 2023, from 4,854 to 4,863. The bank intends to continue to grow by opening about 150 branches a year in markets that it believes have potential.
This expansion includes new branches in cities such as Boston, Charlotte, Washington, D.C., Philadelphia and Minneapolis. Other big banks traditionally have ruled these markets, and the move aims to give consumers more choice, Chase’s statement said. As per the bank’s strategy, the bank is keen on facilitating access to banking services to customers and promoting community development.
Community Engagement
Chase Bank says it is dedicated to the communities in which it operates. As the bank opens new branches, it does so by creating jobs that give back to local neighborhoods and stimulate the local economy. Marianne Lake underscored this commitment with the following, “When we open a branch, we’re not just investing in the financial health of residents, we’re invested in the health and vitality of the entire community.”
Along with traditional banking services, Chase’s new branches typically have modern designs that make way for financial consultations and community events. The bank also plans to build spaces equipped with technology where customers can be given personalized advice and attend financial literacy programs.
Conclusion
All 4,700 Chase Bank branches will be closed, However, customers can use many digital and ATM services to handle their banking needs on February 17, Presidents’ Day. However, by preparing ahead and making use of other channels alternatives to IAP, you can get your financial moves going during the holiday.
