Most Mondays are regular business days for banks

Monday is not a federal holiday, so banks are open for normal business on most Mondays throughout the year. You can deposit checks, withdraw cash, transfer money between accounts, and conduct other routine transactions on a Monday just as you would on any other weekday.

The only exception is when a federal holiday falls on a Monday or when a bank observes a holiday that moves to Monday. This happens several times a year, and when it does, most banks close entirely on that day.

Key Takeaways

  • Banks are open on regular Mondays and operate on their standard business hours, usually 9 a.m. to 5 p.m. or similar depending on your bank.
  • When a federal holiday falls on Monday—such as Presidents' Day, Memorial Day, or Labor Day—most banks close and do not process transactions that day.
  • The Federal Reserve does not process payments on federal holidays, which means wire transfers and ACH transfers may be delayed if you initiate them on a Monday holiday.
  • Some banks offer limited services on holiday Mondays through ATMs and mobile apps, but teller services and phone support are typically unavailable.
  • Checking your bank's holiday schedule in advance helps you plan time-sensitive transactions around closures.

Which Mondays are bank holidays

Several federal holidays fall on Mondays or are observed on Mondays when the actual date falls on a weekend. The most common are:

  • Presidents' Day — third Monday in February
  • Memorial Day — last Monday in May
  • Labor Day — first Monday in September
  • Juneteenth — June 19, observed on Monday if it falls on a weekend
  • New Year's Day — January 1, observed on Monday if it falls on a weekend
  • Independence Day — July 4, observed on Monday if it falls on a weekend
  • Thanksgiving — fourth Thursday in November, with the day after (Friday) also a bank holiday
  • Christmas — December 25, observed on Monday if it falls on a weekend

When any of these dates fall on a Monday, your bank will be closed and will not process transactions. The Federal Reserve also closes on these days, which affects how quickly payments move through the banking system.

How bank closures on Monday affect your money

If you deposit a check on a Monday holiday, it will not be processed until the next business day. The same applies to wire transfers, ACH transfers, and bill payments initiated through your bank's website or app. The transaction may show as pending in your account, but the money will not actually move until Tuesday.

If you need cash on a Monday holiday, most banks allow you to withdraw from ATMs even when the branch is closed. However, ATM withdrawals are limited to the amount of cash available in the machine, and you cannot deposit checks or conduct other services that require a teller.

Mobile banking apps and online banking platforms remain available on holiday Mondays, so you can check your balance, view transactions, and set up transfers. The transfers will simply process the next business day instead of immediately.

How to know if your bank is closed on a specific Monday

The easiest way to find out is to visit your bank's website and look for their holiday schedule. Most banks publish this information prominently, often under a "Holiday Hours" or "Locations & Hours" section. You can also call your bank's customer service line to confirm whether they are closed on a particular Monday.

If you use a large national bank like Bank of America, Chase, Wells Fargo, or Citibank, they all close on the same federal holidays. Credit unions and smaller regional banks follow the same federal holiday schedule, though a few may observe additional holidays specific to their state or region.

Setting a reminder on your phone or calendar for upcoming holiday Mondays helps you plan ahead if you have time-sensitive transactions. This is especially useful if you need to make a payment by a certain date or are expecting a deposit.

What to do if you need banking services on a Monday holiday

If you need to withdraw cash, use an ATM. Most ATMs operate 24/7, even when the bank branch is closed. You can also use ATMs from other banks in your bank's network, though you may be charged a fee.

If you need to deposit a check, you have a few options. Many banks offer mobile check deposit through their app, which allows you to photograph the front and back of the check and submit it electronically. The check will be processed the next business day. Some banks also have deposit envelopes at their ATMs where you can insert checks, and they will be processed the following day.

If you need to make a payment or transfer money, do it through your bank's website or mobile app. Set up the transaction to process on Tuesday, the next business day. If the payment has a deadline, make sure you initiate it early enough that it will clear by the due date.

For urgent matters that cannot wait until Tuesday, contact your bank's customer service line. Some banks maintain a limited phone support line on holidays, though response times may be longer than usual.

State and regional bank holidays

In addition to federal holidays, a few states observe their own holidays that may cause some banks to close. For example, some banks in Hawaii close on Prince Kuhio Day (March 26) and Kamehameha Day (June 11). Banks in Texas may close on Texas Independence Day (March 2). These closures are less common and typically affect only banks in those specific states.

If you bank with a regional or community bank, check whether they observe any state-specific holidays. National banks almost always stick to federal holidays only, but it is worth confirming with your institution.

Planning around Monday bank holidays

If you have a payment due on a Monday holiday or shortly after, initiate the transaction the Friday before. This gives the payment time to process over the weekend and clear by the deadline. For checks you are mailing, send them even earlier to account for postal delays.

If you are expecting a deposit on a Monday holiday—such as a paycheck or tax refund—it will not post to your account until Tuesday at the earliest. Plan your budget accordingly if you were counting on that money being available on Monday.

Keeping a list of upcoming holiday Mondays on your calendar or phone helps you avoid last-minute scrambling. Most banks publish their holiday schedules a year in advance, so you can plan ahead for major transactions.

Frequently Asked Questions

Can I use my debit card on a Monday holiday when the bank is closed?

Yes. Your debit card works at merchants and ATMs regardless of whether your bank branch is open. You can make purchases and withdraw cash normally. The only limitation is that you cannot visit a teller or conduct services that require a person at the branch.

Will a wire transfer I send on a Monday holiday go through that day?

No. Wire transfers initiated on a Monday holiday will not process until Tuesday because the Federal Reserve does not process payments on federal holidays. If the transfer is time-sensitive, initiate it on Friday instead.

What if I deposit a check through my mobile app on a Monday holiday?

The check will be received and recorded in your account, but it will not actually be processed and cleared until Tuesday. The funds may show as pending on Monday, but they will not be available to withdraw or spend until the next business day.

Are online banks closed on Monday holidays?

Online banks like Ally, Charles Schwab, and Marcus do not have physical branches, so they do not have "closed" branches. However, they still follow the federal holiday schedule for processing transactions. Deposits and transfers initiated on a Monday holiday will process on Tuesday.

Can I get cash from an ATM on a Monday holiday?

Yes. ATMs operate independently of branch hours and are available 24/7 on holiday Mondays. You can withdraw cash, check your balance, and deposit checks at ATMs even when the bank branch is closed.