Most banks are closed on Mondays only if Monday is a federal holiday
Regular Mondays: banks are open. The only Mondays when major banks close nationwide are Martin Luther King Jr. Day (third Monday in January), Presidents' Day (third Monday in February), and Memorial Day (last Monday in May). On those three days, federal holidays, most brick-and-mortar branches shut down and the Federal Reserve does not process transfers.
If this coming Monday is not one of those three holidays, your bank branch should be open during normal hours — typically 9 a.m. to 5 p.m., though some branches open earlier or close later. Credit unions and smaller regional banks may have different schedules, so checking your bank's website or calling the branch directly takes 30 seconds and removes doubt.
State and local holidays can also close individual branches. For example, some banks in Massachusetts close on Evacuation Day (March 17), and some in Texas close on San Jacinto Day (April 21). If you bank with a regional institution, search "[your bank name] [your state] holidays" to see the full list for your location.
Key Takeaways
- Banks close on Martin Luther King Jr. Day, Presidents' Day, and Memorial Day — the only Mondays when most banks nationwide shut down.
- Regional and state-specific holidays can close individual branches, so check your bank's website for the complete holiday schedule.
- ATMs and online banking work on all holidays, including federal ones, so you can still move money or check balances.
- If you need to deposit a check or speak to someone in person, call your branch before heading in to confirm it is open.
How to check if your specific bank is open this Monday
The fastest way is to visit your bank's website and look for "Hours" or "Holiday Hours." Most banks post their full holiday schedule there. If the site does not list it clearly, call the branch directly — the phone number is usually on the website too, and staff can tell you in one sentence whether Monday is a regular business day.
If you bank with a major chain like Bank of America, Chase, Wells Fargo, or Citibank, you can also use their mobile app to check branch hours. Open the app, search for your branch by location, and the hours appear on the branch page. Some apps even let you set a reminder for when the branch opens.
For credit unions, the same rule applies: check the website or call. Credit union hours vary more than big banks, and some credit unions close on different holidays than federal ones do.
What you can still do on a closed Monday
ATMs work 24/7, even on federal holidays, so you can withdraw cash or check your balance anytime. Online banking — transferring money between accounts, paying bills, sending wire transfers — also runs on all holidays. Mobile check deposit (taking a photo of a check through your bank's app) works too, though the check may not post to your account until Tuesday.
If you need to deposit cash or speak to a banker in person, you will have to wait until Tuesday. Checks deposited at an ATM on a holiday typically post the next business day, not immediately.
The three federal holidays when banks close on Monday
| Holiday | Date in 2024 | Date in 2025 |
|---|---|---|
| Martin Luther King Jr. Day | January 15 | January 20 |
| Presidents' Day | February 19 | February 17 |
| Memorial Day | May 27 | May 26 |
These are the only three Mondays in the year when the Federal Reserve closes and most U.S. banks shut their branches. On these days, no wire transfers or ACH transfers process through the Federal Reserve, though some banks may still move money between their own accounts.
What happens to transfers and payments on a bank holiday
If you send a wire transfer or ACH transfer on a federal holiday, it will not process until the next business day. The money leaves your account, but it does not arrive at the receiving bank until Tuesday. This matters if you are paying a bill with a tight deadline — paying on a Monday holiday means the payment arrives a day later than a regular Monday.
Bill payments sent through your bank's bill pay system usually process the next business day too, so plan ahead if the due date falls on or just after a holiday. Check your bank's website for its specific rules on holiday processing.
Regional and state-specific bank holidays
Some states observe holidays that others do not, and banks in those states close on those days. Examples include Evacuation Day in Massachusetts (March 17), San Jacinto Day in Texas (April 21), and Juneteenth (June 19), which is now a federal holiday but some banks may still observe differently. A few banks also close on Thanksgiving Day or the day after, though most stay open.
If you are unsure whether your bank observes a particular state holiday, the safest move is to call the branch or check the website. Do not assume your bank follows the same schedule as a national chain — regional banks and credit unions often have their own rules.
Frequently Asked Questions
Can I use my debit card on a bank holiday Monday?
Yes. Debit cards work at ATMs and stores on all holidays. You can withdraw cash, make purchases, and check your balance anytime. Only in-person services at the branch — like speaking to a banker or depositing cash — are unavailable when the branch is closed.
Will my direct deposit come through on a bank holiday Monday?
Direct deposits scheduled for a federal holiday Monday usually post on Tuesday instead. Employers typically submit payroll the day before, so the money arrives the next business day. Check with your employer or bank if you are unsure about the timing for a specific holiday.
What if I need to deposit a check on a Monday holiday?
Use mobile check deposit through your bank's app if you have it — take a photo of the front and back of the check and submit it. The check will post to your account by the next business day. If you do not have mobile deposit, wait until Tuesday to deposit it at an ATM or branch.
Do online banks close on federal holidays?
Online-only banks like Ally or Charles Schwab do not have physical branches, so they do not "close" in the traditional sense. You can still access your account, transfer money, and use ATMs on holidays. Customer service phone lines may have reduced hours, but online services run normally.
Is there a way to know my bank's complete holiday schedule for the year?
Yes. Visit your bank's website and search for "Holiday Schedule" or "Hours." Most banks publish the full year's closures. You can also call your branch and ask them to email or mail you the schedule, or download it from the mobile app if available.