Are Banks Open on Presidents Day?

United States currency bank notes for Presidents Day
©Shutterstock.com

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 businesses, so follow this guide, but also call your local branch ahead of time to confirm before you assume it’ll be open or closed when you need it.

Banks Open on Presidents Day

Customers who bank at TD Bank are in luck. The bank will be open on Presidents Day. In fact, it’s the only major bank currently announcing that its U.S. branches will remain open Feb. 15.

Banks Closed on Presidents Day

The vast majority of major regional and national banks are closed for Presidents Day, which falls on Feb. 15. The following banks have all confirmed that their branches will not be open.

More From Your Money

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 likely that your bank will have representatives available to answer your call on its customer service line.

Keep in mind that it’s not just banks you have to worry about on Presidents Day: Federal agencies like Social Security offices and the U.S. Postal Service will be closed. However, national retailers — and most local ones — will be open.

More From Your Money

Cynthia Measom, Sean Dennison and Gabrielle Olya contributed to the reporting for this article.

Schedules are subject to change and may vary by branch.

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.

Untitled design (1)
Close popup The GBR Closer icon

Sending you timely financial stories that you can bank on.

Sign up for our daily newsletter for the latest financial news and trending topics.

Loading...
Please enter an email.
Please enter a valid email address.
There was an unknown error. Please try again later.

For our full Privacy Policy, click here.