Are Banks Open on Memorial Day?
Written by
Caitlyn Moorhead
Edited by
Elizabeth Constantineau
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Memorial Day — observed on the last Monday in May each year — is celebrated to honor and remember the brave Americans who lost their lives during their service in the military. Memorial Day also holds the distinction of being a federal holiday, meaning certain offices, such as the U.S. Postal Service and the Social Security Administration, will be closed that day.
Are banks open on Memorial Day? Read on to learn about your options for banking on this federal holiday.
Bank Hours on Memorial Day
Most banks will be closed on Memorial Day since it’s a federal holiday. If you need to visit a branch, plan ahead to complete your transactions before the holiday weekend.
Memorial Day Eve Bank Hours
On the Sunday before Memorial Day, banks that are typically open on weekends may have limited hours. Some branches inside grocery stores or retail locations might be open for a few hours but many traditional branches will be closed. Check ahead with your local branch for specific hours.
Alternative Banking Options
Due to Memorial Day’s status as a federally recognized holiday, odds are that you won’t be able to stop in at your local bank branch. That doesn’t mean you don’t have access to your money, though.
- You can visit an ATM to withdraw or deposit money.
- You can use online banking services to set up bill payments, check your account balances and transfer funds between your accounts.
- It’s also possible to use a money transfer app or service like Zelle provided by your bank to send money to other people.
Check with your bank or credit union to find out which services — including online, mobile and telephone banking — are available on bank holidays. You also may be able to apply for a loan or credit card if your bank offers an online application. Then plan ahead so you can avoid any stress caused by not having access to your local branch.
When Banks Reopen After Memorial Day
Banks will reopen the day after Memorial Day with normal business hours. If you need to handle in-branch banking tasks, expect a longer wait time as branches may be busier than usual the day after the holiday closure.
2025 Bank Holiday Schedule
Most banks will be closed on the following holidays for 2025:
| Holiday | Date |
|---|---|
| New Year’s Day | Wednesday, Jan. 1 |
| Martin Luther King, Jr. Day | Monday, Jan. 20 |
| Presidents Day | Monday, Feb. 17 |
| Memorial Day | Monday, May 26 |
| Easter Sunday | Sunday, April 20 |
| Juneteenth National Independence Day | Thursday, June 19 |
| Independence Day | Friday, July 4 |
| Labor Day | Monday, Sept. 1 |
| Columbus Day/Indigenous Peoples Day | Monday, Oct. 13 |
| Veterans Day | Tuesday, Nov. 11 |
| Thanksgiving Day | Thursday, Nov. 27 |
| Christmas Day | Thursday, Dec. 25 |
Note that when a holiday falls on a Sunday, financial institutions typically close on the Monday immediately after the holiday.
FAQ
Here are some commonly asked questions and answers regarding banking on Memorial Day.- Are banks open the day after Memorial Day?
- Yes, banks will resume normal hours the day after Memorial Day.
- Can I deposit checks on Memorial Day?
- You can deposit checks through ATMs or your mobile app but processing times might be delayed until the following business day.
- Will direct deposits go through on Memorial Day?
- Most direct deposits will be processed the day before Memorial Day or the next business day after the holiday.
Rachel Farrow contributed to the reporting for this article.
