No, NewYear's Eve is not a federal holiday, according to the Office of Personnel Management.1, 2026, falls during a weekday, it is a federal holiday, which means a majority of banks will not beopen for the first day of the NewYear. ArebanksopenonNewYear'sDay?Will there be any mail delivery onNewYear'sDay? Don’t count on it. The U.S. Postal Service does not operate onNewYear'sDay. As for UPS and FedEx, it’s not so cut and dry. At FedEx, only FedEx Custom Critical will be running. Major banks operating regular hours onNewYear’s Eve: Bank of America.Chase Bank branches will close at 3 p.m. local time on Dec. 31. Citibank locations will beopenonNewYear’s Eve, though “exact operating hours” may vary by location or market, according to a spokesperson. Is the bankopenonNewYear’sDay? Major bank branches, including Chase, Bank of America, and Wells Fargo, will not open their doors on Jan.Is the grocery store openonNewYear’sday? When it comes to stores, the picture is decidedly mixed. Costco plans to be closed all day. ArebanksopenonNewYear's Eve in 2025? The answer to that question is yes.However, along with the stock and bond markets, banks will be closed on Wednesday, January 1, in observance of the NewYear'sDay holiday. OnNewYear’sDay, which falls on Wednesday, , most banks, including Bank of America and Wells Fargo, will be closed. However, mobile services and ATMs will still be available. Most banks follow Federal Reserve banking holidays, which means banksare expected to beopenon Tuesday, Dec. 31. Is there mail onNewYear's Eve?1, however -- NewYear'sDay -- is one of the 11 annual holidays the agency observes, which means mail will not be delivered. Understand how NewYear’sDay affects bank hours, available services, and the processing of your financial transactions. NEWYear’s Eve and NewYear’sDayopening hours have been revealed by the biggest banks on the high street. Here’s everything you need to know so you can formulate your finances for the January sales. Since NewYear’sDayis a federal holiday, banks will be closed on Wednesday, January 1. So you’ll either have to plan ahead and visit the bank on Tuesday, December 31, or wait until Thursday, January 2.