Are Banks Open on Presidents Day?

Find out what the federal holiday means for your banking.
  • Presidents Day is a federally recognized holiday.
  • This means that your bank will most likely be closed on Monday, Feb. 18.
  • Prepare your banking needs in advance in case your local branch is closed.

Presidents Day — still called Washington’s Birthday by the federal government — is celebrated on the third Monday in February. Although it’s a federal holiday, private banks can choose to be open or stay closed for customers’ banking needs.

Is Presidents Day a Bank Holiday?

Presidents Day is a federal holiday and a bank holiday — but that doesn’t necessarily mean your local bank will shut its doors. It only means that the Federal Reserve System won’t open or make any transactions. Most banks follow the lead of the Federal Reserve and close on the 10 major federal holidays, including Presidents Day.

It’s a three-day weekend for many, so follow this guide, but also call your local branch ahead of time to confirm before you assume it’ll be open when you need it. “Are banks closed today?” and “Are banks open tomorrow?” are two questions you’ll want answered before you find yourself in a financial pinch on a holiday.

History of Online Banking: How Internet Banking Went Mainstream

Banks Open on Presidents Day

Customers who bank at TD Bank are in luck. The bank will be open on three federal holidays in 2019, including Presidents Day. In fact, it’s the only major bank currently announcing that its branches will remain open Feb. 18.

TD Bank Headquarters building in Toronto
Osugi / Shutterstock.com

Banks Closed on Presidents Day

The vast majority of major regional and national banks are closed for Presidents Day, which falls on Feb. 18, 2019. The following banks have all confirmed that their branches will not be open.

  • American National Bank
  • BancorpSouth: Note that BancorpSouth coastal divisions celebrate Mardi Gras on March 5, 2019, rather than Presidents Day.
  • Bank of America
  • Bank of the West
  • BBVA
  • BB&T
  • Capital One Bank
  • Chase
  • City National Bank
  • Citibank
  • Citizens Bank
  • Comerica Bank
  • Fidelity Bank: Interactive banking available from 9 a.m. to 5 p.m.
  • First Citizens Bank
  • First National Bank
  • Huntington State Bank
  • KeyBank
  • Kitsap Bank
  • M&T Bank
  • Navy Federal Credit Union
  • People’s United Bank
  • PNC Bank
  • Regions Bank
  • Sandy Spring Bank
  • Santander Bank
  • SunTrust Bank
  • Union Bank
  • U.S. Bank: Note that some locations might be open, so please check with your local branch.
  • Wells Fargo

Check Out: 10 Best Online Banks of 2019

Banks That Were Closed Last Year

The following banks were closed last year, and since they haven’t offered an official announcement that they’ll be open, you can probably expect them to be closed this year, too.

  • BMO Harris Bank
  • Dollar Bank
  • Eastern Bank
  • Huntington

Even if your bank is closed on Presidents Day, don’t panic. You can handle most transactions online, on your bank’s mobile app or through an ATM, many of which will allow you to withdraw cash and deposit money or checks on holidays. It’s also very likely that your bank will have representatives available to answer your call on its customer service line.

Read: 10 Best National Banks of 2019

Keep in mind that it’s not just banks you have to worry about on Presidents Day: Federal and state agencies like Social Security offices and departments of motor vehicles often close. The good news is that retailers and entertainment venues like movie theaters and malls know that many people are not working and stay open for business.

Read more about banks that are open on Sundays.

More on Banking

We make money easy. Get weekly email updates, including expert advice to help you Live Richer™.

Sean Dennison contributed to the reporting for this article.

About the Author

Andrew Lisa has been writing professionally since 2001. An award-winning writer, Andrew was formerly one of the youngest nationally distributed columnists for the largest newspaper syndicate in the country, the Gannett News Service. He worked as the business section editor for amNewYork, the most widely distributed newspaper in Manhattan, and worked as a copy editor for TheStreet.com, a financial publication in the heart of Wall Street’s investment community in New York City.