On Tuesday, when voters will cast their ballots across the nation, many are unsure as to whether banks will be open or closed on November 8.
Although this day is not a government holiday, numerous services and businesses will also be impacted. Although most state offices are closed on Election Day, eleven states observe it as a legal holiday.
The following information about banks’ operations on election day in 2022 is important.
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Are banks open on Election Day 2022?
Because it’s not a federal holiday in 2022, most banks will be open on November 8th.
According to NJ.com, the following banks will operate normally:
- Bank of America
- Capital One Bank
- Chase
- Citibank
- PNC Bank
- Santander Bank
- TD Bank
- Trust Bank
- Wells Fargo
The employees will be going to the polls to cast their votes, thus the hours may change. Therefore, if you want to visit your bank’s local branch on Election Day, we advise you to give them a call.
Bond markets and Nasdaq trading will continue to be open on this day for the stock markets.
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November 8 Is Not a Federal Holiday
There is no federal holiday on Tuesday, November 8, and the following one is on Veterans Day, November 11.
Only the states listed below will grant paid time off to office workers on Election Day, which is a recognized holiday in those states.
Regarding the time off for voting, it varies on where you live because your employers are required to provide you with the time off, and some may even pay you for the hours. In some circumstances, you will need to request the time off from work in advance and show proof of voting when you get back.
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Sates that Observe Legal Holiday on Tuesday
The Tuesday after the first Monday in November is always when the US has its general elections. Consequently, it always takes place between November 2 and November 8.
Additionally, the following states and territories commemorate Election Day 2022 as a legal holiday in addition to Illinois:
- Delaware
- Hawaii
- Kentucky
- Louisiana
- Montana
- New Jersey
- New York
- Ohio
- Puerto Rico
- Virginia
- West Virginia
