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Banking During COVID-19: Alternatives to Visiting a Branch

Are you wondering whether your local bank branch is open or not during the ongoing COVID-19 pandemic? If you are, you’re not alone.

Many people rely on visiting their bank branch to handle their financial transactions and meet with banking officials in person. In this article, we’ll take a look at the measures banks are taking to keep customers and staff safe, which banks are currently operational, and the alternative options available to you if you don’t want to visit a branch.

Banks Open During the Coronavirus Pandemic

Banks all over the world have implemented social distancing guidelines and sterilization measures to combat the spread of the novel coronavirus. The primary goal of these measures is to keep customers and bank employees safe while still providing banking services.

Banks have made getting cash and making transactions easier by keeping their branches open for customers, but with a few changes. Bank of America is one of the largest banks in the United States and has made some changes to keep its customers safe.

The bank has reduced its hours of operation, with some branches opening at 10 a.m. and closing at 4 p.m. on weekdays and being closed on weekends. Bank of America has also restricted access to its branches, only allowing customers who have made an appointment to enter.

BBVA has made it mandatory for its customers and employees to wear masks inside their branches, and the bank has installed acrylic barriers between employees and customers to reduce the chances of transmission. BBVA has also established its COVID-19 response team to monitor the situation and ensure that the bank is complying with local and state guidelines.

Citibank has increased its cleaning protocols in its branches, ensuring that surfaces frequently touched by customers are regularly cleaned and disinfected. The bank has also implemented social distancing measures by placing markers on the floor that are six feet apart and establishing limits on occupancy for its branches.

Alternatives to Visiting a Branch

If you don’t want to visit a bank branch, there are several alternative options available to you. One of the most convenient options is mobile banking, which allows you to access your account and carry out transactions using a mobile app.

You can download the app on your smartphone, and it’s available from your bank’s website. Online banking is another alternative to visiting a branch.

This service allows you to access your account, pay bills, and transfer money from the comfort of your home. You need to register for online banking, and once you’re registered, you can log in to your account using your username and password.

Another way to access your funds without visiting a branch is through an ATM. ATMs are self-service machines that allow you to make deposits, withdrawals, and transfer funds between accounts.

You can locate your bank’s ATMs using their website or mobile app. If you are uncomfortable with mobile or online banking, you can still speak with a representative of your bank by phone.

Customer service representatives are available to answer your questions and help you with your financial transactions. Are Banks Open Today?

Full List of Bank Holidays

Every year, banks observe a few holidays during which they are closed to customers. It’s essential to know the bank holidays of your bank because you might not be able to access banking services during those days.

Here is a comprehensive list of bank holidays in the US:

– New Year’s Day: January 1

– Martin Luther King, Jr. Day: Third Monday in January

– Presidents’ Day: Third Monday in February

– Memorial Day: Last Monday in May

– Independence Day: July 4

– Labor Day: First Monday in September

– Columbus Day: Second Monday in October

– Veterans Day: November 11

– Thanksgiving Day: Fourth Thursday in November

– Christmas Day: December 25

In addition to these federal holidays, some banks also observe other holidays like Easter, Passover, Black Friday, Election Day, Halloween, and others. If you’re not sure whether your bank is closed, you can check your bank’s website or call customer service to confirm.

Conclusion

In conclusion, banks have taken significant steps to keep themselves and their customers safe during the COVID-19 pandemic while still providing banking services. It’s important to know what alternative options are available to you if you don’t want to visit a branch.

Additionally, you should keep track of bank holidays so that you know when your bank is closed to customers. Take advantage of mobile and online banking, ATMs, and customer service hotlines to ensure that you can access your funds whenever you need them.

Banking is an essential aspect of our daily lives, and due to the COVID-19 pandemic, several banks and financial institutions have been forced to change their operation schedules. Although banking has evolved over time, there has never been a better time for alternative banking that offers convenience and flexibility while allowing customers to bank from anywhere.

In this article expansion, we’ll delve into the advantages of alternative banking, sources of bank schedules, and possibilities of schedule changes.

Advantages of Alternative Banking

Alternative banking is an excellent way for individuals to access their finances without visiting a physical branch or ATM. Some of the advantages of alternative banking include convenience, flexibility, accessibility, and faster transaction processing times.

One of the benefits of alternative banking is convenience. Customers can access their accounts from anywhere, as long as they have an internet connection.

With online banking, they can view their balances, pay bills, and transfer money without leaving their home or office. Flexibility is another advantage of alternative banking because customers can manage their finances on their own schedule.

With mobile banking apps, they can access their accounts 24/7 and carry out transactions when it’s most convenient for them. Accessibility is another key benefit of alternative banking.

With features such as voice-assisted banking, customers who have visual or mobility impairments can easily access their accounts. Faster transaction processing times are yet another benefit of alternative banking.

Electronic transfers are faster and more reliable than paper-based transactions that take days to process. Customers can also check their account balances in real-time, reducing the likelihood of overdrafts or insufficient funds.

Sources of Bank Schedules

There are several reliable sources available for banking schedules. Financial institution websites are one of the most reliable sources of information for bank schedules.

Banks and credit unions regularly update their websites with information about branch hours, holiday schedules, and other important information. Whether it’s a change in operating hours or temporary closures, customers can find real-time information about their bank’s schedule by visiting their website.

Another reliable source for bank schedules is Banks.org. It’s an online resource that provides a comprehensive directory of banks and credit unions in the US.

The site’s holiday schedule section provides an up-to-date list of bank holidays, including weekends, when banks are closed. The site’s extensive list of banks and credit unions provides a one-stop-shop for customers, making it easy to find important information about their financial institution.

The Holiday Schedule is another reliable source of bank schedules. The site provides a single source of information on bank holidays in the US.

Customers can view the holiday calendar of their financial institution and check for any changes that might affect their banking routines.

Possibilities of Schedule Changes

Bank schedules are subject to change, depending on the situation. While most banks try to provide a consistent schedule, unforeseen circumstances can cause changes such as inclement weather or pandemic-related safety measures.

Branch hours can vary, and some branches may be closed due to staffing issues, reconstruction, or repair work. Customers can stay updated on any changes in their bank schedules by subscribing to notification alerts via email or text message.

These alerts provide real-time information about any changes to the bank’s schedule. Customers can also follow their bank’s social media pages to stay informed about any news or updates.

Individual branches of banks can also have schedules different from their parent institution. Larger banks and credit unions can have hundreds of branches across multiple regions, each with its own schedule.

Customers with access to multiple branches should double-check the schedule of any branch they plan to visit, as the schedules can vary depending on location. Possible schedule changes can cause temporary inconvenience, but this is where alternative banking options can come in handy.

Customers can choose the banking options that work best for them, whether it’s online banking, mobile banking, or ATM services.

Conclusion

Alternative banking is a convenient and flexible way for customers to manage their finances. Several reliable sources can provide bank schedules, ensuring that customers know when their financial institution is open or closed.

However, schedules are subject to change, and customers should keep themselves updated on any changes. Regardless of any changes in scheduling, alternative banking options can help customers bank easily and safely.

In conclusion, banking is an essential aspect of our daily lives. With the COVID-19 pandemic, several banks and financial institutions have changed their operation schedules, making it essential to consider alternative banking options.

The advantages of alternative banking include convenience, flexibility, accessibility, and faster transaction processing times. Financial institution websites, Banks.org, and The Holiday Schedule are all reliable sources of information for bank schedules, but customers should stay updated as bank schedules are subject to change.

Whether it’s online banking, mobile banking, or ATM services, alternative banking options can help customers bank easily and safely, making it important for everyone to understand and utilize them.

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