Are Banks Open on New Year's Day 2023?

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No, Banks in the United States are closed on New Year's Day, Sunday, January 1st, 2023

**Holidays may affect normal hours of operation

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New Year's Day is a USA Federal Holiday. In 2023, New Years falls on a Sunday. Banks are typically closed on Sunday, therefore they will observe the holiday on Monday January 2, 2023. Banks will be closed for the long weekend and will reopen on Tuesday, Jan. 2, 2023.

Source 1 - https://www.frbservices.org/about/holiday-schedules
Source 2- https://www.newsweek.com/christmas-eve-bank-hours-america-chase-wells-fargo-open-1556689