2007-01-02 11:17:26 · 9 answers · asked by flyrod231 2 in Business & Finance ➔ Personal Finance
I never heard that.
2007-01-02 11:19:32 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I'm not sure about banks but I can contradict the person who said the stock market can't close for >3 days in a row. Today, national day of mourning for the late President Ford, was the 4th day in a row the NYSE has been closed.
2007-01-02 12:33:24 · answer #2 · answered by sdc_99 5 · 0⤊ 0⤋
I know for certain that the stock market can't be closed for more than 3 days in a row but I think same principle applies to banks as well. keeps the investors from worrying that the system is going under.
Which is why you'll see both the bank and stock market open the day after Thanksgiving.
2007-01-02 11:23:48 · answer #3 · answered by digdowndeepnseattle 6 · 0⤊ 2⤋
Banks are closed on the same days as the Federal Reserve. It is never more than 3 days just because of Monday holidays. Closed Sat., Sun, Mon.
2007-01-02 11:25:49 · answer #4 · answered by JayZ 2 · 0⤊ 0⤋
Banks can't be closed for more than 3 days consecutive.
2007-01-02 11:54:33 · answer #5 · answered by muh 3 · 0⤊ 0⤋
1
2017-03-01 11:40:04 · answer #6 · answered by Dee 3 · 0⤊ 0⤋
never heard of that...in terms of internet banking, many banks do maintenance work over the weekend when there's lower demand.
I would be more concerned about security than when they are open.
2007-01-02 11:22:58 · answer #7 · answered by Anonymous · 0⤊ 0⤋
I think so
My bank is open weekends and was today too
2007-01-02 11:25:09 · answer #8 · answered by Mopar Muscle Gal 7 · 0⤊ 0⤋
no...not true....
2007-01-02 11:45:27 · answer #9 · answered by cork 7 · 0⤊ 0⤋