Wells Fargo, Bank of America to close for 24 hours
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NEW YORK - Wells Fargo, Bank of America and other major financial institutions will close on Oct. 13.
NEW YORK, NEW YORK - JANUARY 10: A Wells Fargo branch on January 10, 2023 in New York City. Wells Fargo agreed the bank would pay $3.7 billion to settle with a U.S. consumer finance watchdog, for years of mistakenly freezing accounts, wrongly reposse
What we know:
The closures are in honor of Columbus Day, which falls each year on the second Monday in October. The federal holiday was established in 1968.
The date is also recognized as Indigenous Peoples' Day in many parts of the U.S.
Dig deeper:
Due to the holiday, anyone needing to do any in-person banking should make plans to get their banking done before or after October 13. ATMs and online banking should be unaffected.