Most banks are open on Mondays, but some branches close for holidays or observance days
Banks in the United States operate on Monday as a regular business day. The vast majority of branches open at their standard hours — typically 9 a.m. to 5 p.m., though hours vary by location and institution. However, a bank may be closed on a specific Monday if that day falls on a federal holiday or if your branch observes a local holiday.
The federal holidays that most commonly affect Monday banking are New Year's Day, Martin Luther King Jr. Day, Presidents' Day, Memorial Day, Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving, and Christmas. When one of these falls on a Monday, most banks close entirely. Some banks also close on Good Friday, though it is not a federal holiday.
If you are waiting for a refund and need to deposit it or access your account, a Monday closure means you cannot complete that transaction in person until Tuesday. However, most refunds arrive by direct deposit or mail, so a one-day bank closure usually does not delay the refund itself — only your ability to handle it at a branch.
Key Takeaways
- Banks are open on regular Mondays, but closed on Mondays that fall on federal holidays like Martin Luther King Jr. Day or Presidents' Day.
- You can check your specific bank's Monday hours by searching "[bank name] hours" online or calling your branch directly.
- If a refund arrives by direct deposit on a Monday when your bank is closed, the deposit still posts to your account — you just cannot visit a branch that day.
- Mail-based refunds are not affected by bank hours; they arrive on their own schedule regardless of whether the bank is open.
How to learn about your bank is open this Monday
The fastest way is to search your bank's name plus "hours" in a search engine, or visit your bank's website and look for a branch locator tool. Most banks list holiday closures prominently on their homepage during the week before the holiday. You can also call your specific branch directly — the phone number is usually on your bank's website or on the back of your debit card.
If you use an online-only bank with no physical branches, Monday closures do not affect you at all. Online banks like Ally, Charles Schwab, or Discover operate 24/7 for deposits and account access, though customer service phone lines may have reduced hours on holidays.
What happens to your refund if the bank is closed Monday
If your refund is coming by direct deposit, the bank closure does not stop the deposit. The IRS, your state tax authority, or your employer sends the refund electronically, and it lands in your account whether the bank is open or closed. You will see the money in your account on the deposit date, even if you cannot visit a branch in person that day.
If your refund is coming by check in the mail, the bank closure has no effect at all. The check arrives on its own schedule. Once you deposit it — whether on Monday or later — the bank processes it according to its standard check-clearing timeline, which is usually one to three business days.
If you need to deposit a refund check on a Monday when your bank is closed
Most banks now offer mobile check deposit through their app, which you can use any time, including on days when branches are closed. You photograph the front and back of the check, enter the amount, and submit it through the app. The deposit posts to your account within one to two business days.
If your bank does not have a mobile app or you prefer not to use it, you can deposit the check at an ATM if your bank has one. Many banks allow check deposits at ATMs 24/7. Look for an ATM belonging to your bank or a bank in your bank's network, insert your debit card, and follow the on-screen prompts to deposit the check.
If neither option is available to you, you can wait until Tuesday to visit a branch in person. A one-day delay in depositing a check does not affect the refund itself — it only delays when the money clears into your account by one business day.
Federal holidays that close most banks on Monday
| Holiday | Typical Date | When It Falls on Monday |
|---|---|---|
| New Year's Day | January 1 | Banks closed |
| Martin Luther King Jr. Day | Third Monday in January | Banks closed |
| Presidents' Day | Third Monday in February | Banks closed |
| Memorial Day | Last Monday in May | Banks closed |
| Independence Day | July 4 | Banks closed if it falls on Monday |
| Labor Day | First Monday in September | Banks closed |
| Columbus Day | Second Monday in October | Banks closed |
| Veterans Day | November 11 | Banks closed if it falls on Monday |
| Thanksgiving | Fourth Thursday in November | Not Monday, but Friday after is often closed |
| Christmas | December 25 | Banks closed if it falls on Monday |
What to do if you need cash from your refund on a Monday when the bank is closed
If your refund has already arrived by direct deposit and you need to withdraw cash, use an ATM. ATMs work 24/7 and do not close for holidays. You can withdraw money from your account at any ATM belonging to your bank or a bank in your network, even if all the branches are closed.
If your refund has not yet arrived and you need cash urgently, you have a few options. You can visit a different bank's ATM and withdraw from your account there, though you may pay an out-of-network fee. You can also use a grocery store or pharmacy ATM, which often charge a fee but are widely available. If the refund is coming by check and you need the money immediately, you can take the uncashed check to a check-cashing service, though they charge a percentage of the check amount.
Frequently Asked Questions
Will my tax refund be delayed if it arrives on a Monday when my bank is closed?
No. If your refund is coming by direct deposit, it posts to your account on the scheduled date regardless of whether the bank is open. If it is coming by check, the bank closure does not affect the mail delivery or the eventual deposit timeline.
Can I deposit a check at an ATM on a Monday when the branch is closed?
Yes, most banks allow check deposits at ATMs 24/7, including on Mondays when branches are closed. Use your debit card, follow the on-screen instructions, and the deposit will post within one to two business days.
What if I need to call my bank on a Monday when it is closed for a holiday?
Most banks have customer service phone lines that operate even when branches are closed. The number is usually on your debit card or the bank's website. If you cannot reach anyone, try again on Tuesday or use the bank's website or app to handle routine questions.
Do online banks close on Mondays?
Online banks do not have physical branches, so they do not close on Mondays. You can access your account and make deposits 24/7. Customer service phone lines may have reduced hours on federal holidays, but your account remains fully accessible.
If my refund check arrives on a Monday, can I deposit it that day?
Yes, if you use mobile check deposit through your bank's app or deposit it at an ATM. If you need to visit a branch in person, you will have to wait until Tuesday.