Most banks close on Presidents Day, but some branches and online services stay available
Presidents Day falls on the third Monday in February. On that day, all federally chartered banks close their physical branches because it is a federal holiday. This includes Bank of America, Chase, Wells Fargo, Citibank, and most regional and community banks. However, you can still access your money through ATMs, mobile apps, and online banking — those services run 24/7 even when branches are closed.
Some credit unions and smaller banks may have different schedules. A few credit unions stay open on Presidents Day or have limited hours. If you bank with a smaller institution, call ahead or check their website to confirm whether your branch will be open.
Key Takeaways
- All federally chartered banks close their branches on Presidents Day, which falls on the third Monday in February.
- ATMs, online banking, and mobile apps work normally on Presidents Day, so you can transfer money, check balances, and pay bills without visiting a branch.
- Credit unions and smaller banks may have different schedules, so contact your bank directly if you need to know their specific hours.
- If you need cash or a cashier's check on Presidents Day, withdraw money from an ATM the day before or plan ahead for the following business day.
What you can and cannot do on Presidents Day
You cannot walk into a branch, speak to a teller, or get a cashier's check on Presidents Day. You also cannot deposit a check in person or open a new account at a branch. Wire transfers initiated through online banking may process, but some banks delay wire processing on federal holidays — contact your bank if timing is critical.
You can withdraw cash from any ATM, transfer money between your own accounts, pay bills online, deposit checks using mobile deposit (if your bank offers it), and check your balance. Debit card purchases work normally. If you need a large amount of cash, withdraw it on Friday or the day before the holiday.
How to plan ahead if you need banking services
If you know you will need cash or a service that requires a teller, handle it on Friday before the holiday. Most banks are open regular hours on Friday, and you can withdraw as much cash as you need from your account.
If you need to deposit a check, use mobile deposit through your bank's app if you have it — most banks process mobile deposits on the next business day regardless of holidays. If your bank does not offer mobile deposit, you can mail the check or deposit it on Tuesday when the branch reopens.
For wire transfers, cashier's checks, or other services that require a teller, plan to do them on Friday or wait until Tuesday. If you are expecting a refund or payment to arrive on or around Presidents Day, it may post to your account on Tuesday instead, depending on the sender and your bank's processing schedule.
What happens to deposits and payments on Presidents Day
Deposits you make on Presidents Day through ATM or mobile deposit will be processed on Tuesday, the next business day. Payments you schedule online for Presidents Day may process on that day or may be delayed until Tuesday — check your bank's website or the payment confirmation to see the actual processing date.
Direct deposits scheduled for Presidents Day may arrive on that day or on Tuesday, depending on your employer's payroll system and your bank. If you are expecting a paycheck or government payment on Presidents Day, contact your employer or the paying agency to confirm the exact date.
Presidents Day closures at different types of banks
| Bank Type | Presidents Day Status | What to Check |
|---|---|---|
| National banks (Chase, Bank of America, Wells Fargo, Citibank) | All branches closed | ATM and online banking available |
| Regional and community banks | Most branches closed | Call your branch or check their website |
| Credit unions | Varies by credit union | Contact your credit union directly |
| Online-only banks | No physical branches | All services available 24/7 |
How to find your bank's Presidents Day hours
The fastest way to confirm your bank's schedule is to call the branch directly or check their website. Most banks post holiday hours on their homepage or in the branch locator tool. Search "[your bank name] Presidents Day hours" or go to your bank's website and look for a holiday schedule or branch information page.
If you use an online-only bank like Ally, Charles Schwab, or Discover, you do not have physical branches, so all services remain available on Presidents Day. If you use a credit union, call the main number or check their website — credit union schedules vary widely.
Frequently Asked Questions
Can I withdraw money from an ATM on Presidents Day?
Yes. ATMs work 24/7 on federal holidays, including Presidents Day. You can withdraw cash, check your balance, and transfer money between accounts using any ATM from your bank or a network ATM.
Will my direct deposit arrive on Presidents Day?
It may. Direct deposits scheduled for Presidents Day sometimes arrive on that day and sometimes arrive on Tuesday, depending on your employer's payroll system and your bank's processing schedule. Contact your employer or payroll department if you need to know the exact date.
Can I deposit a check on Presidents Day?
Not in person at a branch. If your bank offers mobile deposit, you can deposit a check through the app and it will be processed on Tuesday. Otherwise, mail the check or deposit it when the branch reopens on Tuesday.
Do credit unions close on Presidents Day?
Most credit unions close on Presidents Day, but some stay open or have limited hours. Contact your credit union directly to confirm their schedule — it varies by institution.
What if I need a cashier's check on Presidents Day?
You cannot get a cashier's check on Presidents Day because branches are closed and tellers are not available. Plan ahead and request one on Friday, or wait until Tuesday when the branch reopens.