Bank Holiday Schedule

2016 Bank Holiday Schedule

In response to anticipated questions, this will serve as confirmation that Tennessee state-chartered banks may be closed on Thursday, November 24, 2016 and Friday, November 25, 2016, if they wish, provided that adequate notice is given to customers prior to the closing. Therefore, no separate notice by the bank to this office is required.

In addition, provided that adequate notice is given to customers prior to the closing, state-chartered banks may be closed, if they wish, on:

Thursday, December 22, 2016 and Friday, December 23, 2016 OR

Friday, December 23, 2016 and Monday, December 26, 2016 OR

Monday, December 26, 2016 and Tuesday, December 27, 2016

Therefore, no separate notice by the bank to this office is required. However, pursuant to T.C.A. Section 45-2-604, should the bank decide to close for more than two (2) consecutive calendar days, not including a Saturday, Sunday or legal holiday, the prior approval of this office is required.

Banks should be advised that if the Federal Reserve is open on a day that the bank has decided to use its discretion and close, the Federal Reserve may continue to present cash items to the bank. Please contact your respective Federal Reserve branch for further guidance.

Best wishes for a Happy Holiday Season!

Greg Gonzales

Commissioner