Goodbye Chase Bank – closing its 4,700 branches on Monday, May 26 – here’s the real reason why

Every year, as Memorial Day rolls around, businesses across the country pause to honor the holiday—and banks are no exception. But when headlines scream that Chase is closing 4,700 branches, it’s easy to panic. Is this a sign of financial collapse? Should you be moving your money? Not quite. The reality is far more mundane—and far less dramatic.

Let’s break down what’s really happening, why it matters (or doesn’t), and how you can stay ahead of the confusion.

Chase Branch Closures Are Temporary — and Totally Normal

On Monday, May 26, 2025, all Chase Bank branches will be closed. That’s 4,700 locations hitting the pause button. Sounds massive—until you remember it’s Memorial Day, a federal holiday observed by nearly all U.S. banks.

Like Labor Day, Presidents Day, and the Fourth of July, Memorial Day is a routine closure for the financial industry. Banks close their doors, employees take a well-earned break, and everything resumes the following day. Chase will be back to business as usual on Tuesday, May 27.

So no, Chase isn’t shutting down. It’s just closed for one day. That’s it.

Other Banks Are Closed Too

Chase isn’t the only one observing the holiday. All major U.S. banks—including Wells Fargo, Bank of America, Citibank, and PNC—will also be closed on Memorial Day. That’s because they follow the Federal Reserve’s official holiday calendar, which outlines all the days financial institutions typically observe each year.

Here’s a quick look:

Holiday	Bank Status
New Year’s Day	Closed
Martin Luther King Jr. Day	Closed
Presidents Day	Closed
Memorial Day	Closed
Independence Day	Closed
Labor Day	Closed
Thanksgiving Day	Closed
Christmas Day	Closed

What You Can Still Do on Memorial Day

While Chase branches will be closed, digital banking remains fully functional. That means your day-to-day financial tasks can still move forward without interruption.

Here’s what will still be available:

• Chase Mobile App & Website – Check balances, transfer money, and pay bills.
• ATMs – Withdraw or deposit cash 24/7 at thousands of locations.
• Customer Service Chat – Limited live help may be available online.
• Scheduled Transactions – Direct deposits and automated bill payments continue as planned.

The only real inconvenience is if you need in-person service, like accessing a safe deposit box or getting help with a large wire transfer. In that case, just plan around the closure.

The Panic: Clickbait vs. Context

So why did this story cause such a stir? Simple—sensational headlines get clicks. When people read “Chase is closing 4,700 branches,” it sounds catastrophic, especially in a climate where financial instability is top of mind.

We’ve seen actual bank collapses, rising interest rates, inflation pressures, and unpredictable fintech outages in recent years. Combine that with vague reporting, and it’s no wonder people are jumpy.

But the context matters. This isn’t an emergency. It’s a scheduled holiday. Chase isn’t running out of cash or laying off employees—they’re just taking the day off like millions of Americans.

What to Do If You Need a Branch

If your plans truly require a visit to a Chase branch, here’s your action plan:

• Visit Before the Weekend – Friday, May 23 is your last chance before the holiday.
• Use the Branch Locator Tool – Go to Chase.com to find nearby ATMs or branches with extended hours.
• Schedule an Appointment – Many locations allow you to book visits in advance.

Unless it’s an urgent issue, most banking needs can wait a day.

While the headlines may have hinted at a crisis, the reality is far simpler: it’s just Memorial Day. No need to panic or drain your checking account. Your money is safe, your services are still running, and Chase isn’t going anywhere.

So go ahead—enjoy your cookout. The only thing “closed” this Monday is your local branch, not your access to your finances.

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