Most banks will be closed on Presidents Day 2026, which falls on Monday, February 16

Presidents Day is a federal holiday, and nearly all banks observe it by closing their branches and suspending normal business hours. If you need to deposit a check, withdraw cash, or visit a teller, you will not be able to do so in person on that day. However, ATMs and online banking will remain available.

The closure applies to the vast majority of national and regional banks, including Bank of America, Chase, Wells Fargo, Citibank, and most credit unions. Some smaller or independent banks may have different policies, so calling ahead is worth doing if you are uncertain about a specific institution.

Federal holidays like Presidents Day are set by law, and banks are required to close on these days. The Federal Reserve also closes, which affects the clearing and settlement of checks and electronic transfers. This means any deposits you make on Presidents Day will not be processed until Tuesday, February 17.

Key Takeaways

  • Banks nationwide close on Presidents Day (February 16, 2026), and branch services will not be available.
  • ATMs and online banking platforms remain open and functional on the holiday, so you can withdraw cash or check balances remotely.
  • Checks deposited on Presidents Day will not clear until the following business day, Tuesday, February 17.
  • If you need cash or must complete a transaction, plan ahead by visiting your bank on Friday, February 13, or using an ATM on the holiday itself.

What banking services remain open on Presidents Day

Even though bank branches close, you retain access to several banking services. ATMs operate 24/7 and are not affected by the holiday, so you can withdraw cash, deposit checks (at ATMs that accept deposits), and check your account balance at any time.

Online banking platforms and mobile apps stay open as well. You can transfer money between accounts, pay bills, check transactions, and manage your finances through your bank's website or app without interruption. Phone banking lines may have reduced staffing, but many banks maintain a customer service line for urgent issues.

Wire transfers and ACH transfers initiated on Presidents Day will typically process the next business day. If you need to send money urgently, initiate the transfer before the holiday closes.

Planning ahead to avoid delays

If you have time-sensitive banking needs before Presidents Day, handle them on Friday, February 13. This is the last business day before the holiday, and all normal services will be available. Deposits made on Friday will clear by Monday, and any transactions you need to complete in person can be done then.

For check deposits specifically, remember that the Federal Reserve does not process checks on holidays. A check deposited on Presidents Day will not enter the clearing system until Tuesday, February 17, which means funds may not be available in your account until Wednesday or later, depending on your bank's policy.

If you are expecting a direct deposit or payment on Presidents Day, it will likely arrive on Tuesday instead. Payroll and government payments often shift by one day when they fall on a federal holiday.

What to do if you need cash on Presidents Day

Use an ATM. This is the simplest solution if you need cash on the holiday. Most ATMs allow you to withdraw up to a daily limit (typically $500 to $1,000, depending on your bank and account type). If you need more than your daily limit, withdraw what you can on Friday, February 13.

If your bank's ATM is out of service or you have exhausted your daily limit, you may be able to use an ATM from another bank or network. Many banks participate in shared ATM networks, and some charge a small fee for out-of-network withdrawals. Check your bank's website or app to find participating ATMs near you.

If you absolutely must speak to a representative on Presidents Day, some banks maintain a customer service phone line for emergencies. Call the number on the back of your debit card to see if this option is available.

How to confirm your bank's Presidents Day hours

While nearly all banks close on Presidents Day, a small number of independent or online-only banks may operate differently. The best way to confirm is to check your bank's website or call the branch directly. Most banks publish holiday hours in advance, and you can usually find this information in the "Hours" or "Locations" section of their website.

If you bank with a credit union, check with your specific credit union, as some may have different policies than national banks. Many credit unions do observe Presidents Day, but a few remain open or offer limited services.

Online banks that have no physical branches (such as Ally Bank or Charles Schwab Bank) do not close on Presidents Day in the traditional sense, since they have no branches to close. However, customer service phone lines may have reduced hours, and some services may process more slowly.

Impact on checks and electronic transfers

The Federal Reserve's closure on Presidents Day affects how quickly checks and transfers clear. Any check you deposit on Presidents Day will not enter the Federal Reserve's clearing system until Tuesday, February 17. Depending on your bank's processing timeline, the funds may not be available in your account until Wednesday or Thursday.

Electronic transfers (ACH transfers and wire transfers) initiated on Presidents Day will also be delayed. ACH transfers typically take one to three business days to complete, so a transfer started on the holiday will not begin processing until Tuesday. Wire transfers, which are usually faster, will also wait until the next business day.

If you are sending or receiving money and timing matters, plan to initiate the transfer on Friday, February 13, instead.

Frequently Asked Questions

Can I use my debit card on Presidents Day if the bank is closed?

Yes. Your debit card works at ATMs and online retailers regardless of whether your bank branch is open. You can withdraw cash from an ATM, make purchases at stores, and pay bills online without any interruption on Presidents Day.

Will my paycheck arrive on Presidents Day if my employer does direct deposit?

Probably not. Most employers schedule payroll to arrive on business days. If payday falls on Presidents Day, your direct deposit will likely arrive on Tuesday, February 17, instead. Check with your employer's payroll department if you are unsure.

What if I need to deposit a check urgently on Presidents Day?

Use your bank's mobile app if it has mobile check deposit. You can photograph the front and back of the check and submit it through the app, which will deposit it into your account. The funds will not clear until Tuesday, but the deposit will be recorded. If your bank does not offer mobile deposit, wait until Friday or use an ATM that accepts check deposits.

Are online banks open on Presidents Day?

Online banking platforms and apps remain open on Presidents Day. You can log in, transfer money, pay bills, and manage your account at any time. Customer service phone lines may have reduced staffing, but the core services are available.

Do credit unions close on Presidents Day?

Most credit unions close on Presidents Day, but policies vary. Contact your credit union directly to confirm their hours. Some credit unions may offer limited services or extended hours on the Friday before the holiday.