Are Banks Open on Memorial Day in 2023?

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No, banks in The United States are normally closed on Memorial Day, May 29, 2023

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Memorial Day 2023 is a Federally recognized holiday in The United States. It always falls on the last Monday in May and is a day to honor military personnel who have passed away while serving. In 2023, Memorial Day falls on Monday, May 29, 2023. Banks will be closed on Memorial day, however banks should be open on the following Tuesday, May 30. Also, please note most banks are closed on Sunday, therefore plan accordingly.

Source 1 - https://www.chicagofed.org/utilities/about-us/bank-holidays
Source 2 - https://www.frbservices.org/about/holiday-schedules