Is Univest Bank and Trust Co. Open on Christmas Eve?

Post Last Updated: February 28, 2019

Is Univest Bank and Trust Co. open on Christmas Eve? Yes, Univest Bank and Trust Co. is open on Christmas Eve.

Since Christmas Eve is not a federal holiday, Univest Bank and Trust Co. will be open. However, typically the hours will vary.

While on Christmas Eve, Univest Bank and Trust Co. is open, on Christmas Day, Univest Bank and Trust Co. locations will be closed.

If Christmas Day falls on a weekend, then Christmas Day will be observed either on the previous Friday or the following Monday.

To learn more about the hours and locations of Univest Bank and Trust Co., you can visit their website here: https://www.univest.net/.

Why Banks and Credit Unions are Closed on Federal Holidays

Throughout the year, there are 11 federal holidays and, on these holidays, banks and credit unions are closed.

This is because the Federal Reserve is closed. The Federal Reserve helps banks and credit unions perform various services such as ACH transactions and wire transfers.

Since the Federal Reserve is closed because it is a government entity, these financial institutions cannot perform their services and are closed as well.

However, Christmas Eve is not a federal holiday, Univest Bank and Trust Co. will be open. However, hours might be shorter than usual.

Which Days are Federal Holidays in the United States?

Below are a list of all of the federal holidays observed in the United States:

  • New Year’s Day
  • Martin Luther King Day
  • President’s Day
  • Memorial Day
  • Juneteenth
  • 4th of July
  • Labor Day
  • Columbus Day
  • Veterans Day
  • Thanksgiving
  • Christmas Day

As mentioned above, on these federal holidays, banks, credit unions and government entities will be closed.

Again, since Christmas Eve is not a federal holiday, Univest Bank and Trust Co. will be open. However, the closing time might be earlier than usual.

Hopefully this article has been helpful to you to learn about if Univest Bank and Trust Co. is closed or open on Christmas Eve.