Most banks are closed on July 4th because it is a federal holiday
July 4th is a federal holiday, and nearly all banks observe it by closing their branches for the day. This includes major national banks, regional banks, and most credit unions. If you need to deposit a check, withdraw cash, or speak to someone in person, you will not be able to do so at a physical branch on July 4th.
However, you can still move money and check your account through online banking, mobile apps, and ATMs. Transfers you make online on July 4th will process, though they may not settle until the next business day. ATM withdrawals and deposits (at banks that have them) work normally on the holiday.
Some banks and credit unions may have limited hours or special arrangements, so it is worth checking your specific institution's website or calling ahead if you have a time-sensitive transaction planned.
Key Takeaways
- Physical bank branches close on July 4th because it is a federal holiday, but online banking and ATMs remain available.
- Transfers and payments you initiate online on July 4th will go through, though they may not settle until July 5th.
- ATM withdrawals and mobile check deposits work on the holiday at most banks.
- A small number of banks or credit unions may have holiday hours posted on their website — check before you go.
- If you need cash or a deposit before July 4th, plan ahead because the next business day after the holiday may be busy.
Which banks close on July 4th
All major banks close on July 4th, including Bank of America, Chase, Wells Fargo, Citibank, and US Bank. Credit unions also close, though a few may have limited hours. If you use a smaller regional or community bank, assume it is closed unless the bank's website or a phone call says otherwise.
The Federal Reserve does not process transactions on federal holidays, which is why banks close even if they wanted to stay open. Any wire transfer or ACH payment you send on July 4th will not leave your account until July 5th at the earliest, even if you submit it in the morning.
What you can do on July 4th without going to a branch
Online banking works on July 4th. You can check your balance, transfer money between your own accounts, pay bills, and send money to other people through your bank's app or website. These transactions will be recorded in your account immediately, but they will not settle or move out of your account until the next business day.
ATMs are open 24/7 at most banks, including on July 4th. You can withdraw cash and, at many banks, deposit checks or cash into an ATM envelope. Mobile check deposit — taking a photo of a check through your bank's app — also works on the holiday and will post to your account by the next business day.
Debit card purchases go through normally on July 4th. Credit card payments you make online will be recorded, though they may not settle until the next day.
When transactions actually settle after July 4th
Any transfer or payment you start on July 4th will not leave your account until July 5th, because the Federal Reserve does not process transactions on federal holidays. This means a wire transfer sent on July 4th morning will not reach the other bank until July 5th. An ACH transfer (like a payment to another person's checking account) will also wait until July 5th to process.
If July 5th is a Saturday, the transaction will not settle until Monday, July 7th. Check your bank's calendar to see when it observes holidays if you are unsure.
Debit card purchases and ATM withdrawals are different — they settle immediately because they do not go through the Federal Reserve's clearing system.
How to find your bank's specific July 4th hours
Visit your bank's website and look for "Holiday Hours" or "Branch Hours." Most banks post their July 4th schedule weeks in advance. You can also call your branch directly or use the bank's branch locator tool to see hours for the location nearest you.
If you bank at a credit union, check its website the same way. Some credit unions have different holiday schedules than banks, so do not assume.
Planning ahead if you need money before or after July 4th
If July 4th falls on a Thursday (as it does in 2024), Friday July 5th is a normal business day and branches will be open. However, Friday is often busy after a holiday, so if you need to deposit a large check or handle something that requires a teller, consider going on Wednesday July 3rd instead.
If you need cash for the holiday weekend, withdraw it on July 3rd. ATMs will work on July 4th, but if your bank's ATM is out of service or you hit your daily withdrawal limit, you will not be able to get more cash until a branch opens on July 5th.
If you are expecting a direct deposit or a check to clear before July 4th, remember that deposits made on July 3rd will post by July 4th, but anything deposited on July 4th will not post until July 5th.
What happens if you need emergency cash on July 4th
ATMs are your only option for cash on July 4th. If your bank's ATM is not working or you have hit your daily withdrawal limit, you can try an ATM from another bank (though you may pay a fee), or use a debit card to make purchases instead of withdrawing cash.
Some grocery stores and retailers will let you withdraw cash back when you make a debit card purchase, even on holidays. This is often free and does not count against your ATM withdrawal limit.
Frequently Asked Questions
Can I deposit a check on July 4th?
Yes, through mobile check deposit or an ATM envelope at most banks. The check will post to your account by July 5th. You cannot deposit a check at a teller window because branches are closed.
Will my direct deposit go through on July 4th?
No. Direct deposits scheduled for July 4th will not post until July 5th because the Federal Reserve does not process transactions on federal holidays. If you are paid weekly and July 4th is a payday, your deposit will arrive on July 5th instead.
Can I pay my credit card bill on July 4th?
Yes, online or through your card's app. The payment will be recorded immediately, but it will not settle or reduce your balance until July 5th. Make sure you submit it before your due date to avoid a late fee.
Do online banks close on July 4th?
No. Online-only banks like Ally, Charles Schwab, and Discover do not have physical branches, so they do not close on holidays. You can transfer money, check balances, and make payments normally on July 4th.
What if I need to wire money on July 4th?
You can initiate a wire through online banking on July 4th, but it will not leave your account or reach the other bank until July 5th. If the receiving bank is also closed on July 4th, the wire may not arrive until July 5th or later.