Most banks close on Presidents Day, but some branches and online services stay available

Presidents Day falls on the third Monday in February. On this day, most national banks close their physical branches because the federal government observes it as a holiday. However, your ability to bank does not stop entirely. Online banking, ATMs, and mobile apps work around the clock. Some banks keep select branches open in certain locations, and credit unions follow their own schedules — some close, some stay open.

The key difference is between what closes and what does not. A closed branch means you cannot walk in, speak to a teller, or use services that require a person behind a desk. But you can still transfer money, pay bills, check balances, and withdraw cash from ATMs on Presidents Day itself.

Key Takeaways

  • Physical bank branches close on Presidents Day because it is a federal holiday, but ATMs and online banking remain available 24/7.
  • Large national banks like Bank of America, Chase, Wells Fargo, and Citibank all close their branches on Presidents Day.
  • Credit unions may or may not close on Presidents Day depending on their individual policies — call ahead if you need in-person service.
  • Any transactions you submit online or through ATM on Presidents Day will process, but transfers between banks may not settle until the next business day.
  • If you need cash or to deposit a check before Presidents Day, plan ahead because you cannot do these things at a closed branch on the holiday itself.

Which major banks close on Presidents Day

The largest U.S. banks all close their branches on Presidents Day. This includes Bank of America, Chase, Wells Fargo, Citibank, U.S. Bank, PNC Bank, and TD Bank. If your bank is one of these, assume your local branch will be closed on the third Monday in February unless you receive specific notice otherwise.

Some of these banks may keep a small number of branches open in major cities or airports, but this is rare and not may provide. The safest approach is to assume your branch is closed and plan accordingly. You can call your specific branch the week before to confirm, or check your bank's website — most post holiday hours in advance.

What you can and cannot do on Presidents Day

You can do these things: Withdraw cash from any ATM that belongs to your bank or your bank's network. Transfer money between your own accounts online. Pay bills through your bank's website or app. Check your balance. Deposit checks using mobile check deposit (if your bank offers it). Send money to other people through Zelle, PayPal, or similar services.

You cannot do these things at a closed branch: Speak to a banker in person. Open a new account. Close an account. Get a cashier's check or money order. Deposit cash or checks at a teller window. Resolve disputes or fraud claims face-to-face. Get a loan or credit decision. Access a safe deposit box.

Transactions you submit online or through ATM on Presidents Day will be recorded in your account when ready, but transfers to other banks may not settle until Tuesday. This matters if you are counting on money arriving in another account on Presidents Day itself — it will not.

Credit unions and Presidents Day

Credit unions are not required to close on federal holidays. Some do, some do not. The National Credit Union Administration does not mandate closure, so each credit union decides for itself. This means you need to check with your specific credit union rather than assume.

Call your credit union's main number or check their website for Presidents Day hours. Many credit unions post holiday schedules weeks in advance. If your credit union is part of a shared branching network, you may be able to use another credit union's branch on Presidents Day even if yours is closed — but confirm this before the holiday.

Planning ahead for Presidents Day banking needs

If you need to deposit cash or a check, do it before Presidents Day. ATMs can accept checks through mobile deposit, but they cannot accept cash deposits. If you need cash, withdraw it before the holiday or use an ATM on Presidents Day itself.

If you need to resolve a fraud claim, dispute a charge, or handle something that requires talking to a person, do not wait until Presidents Day. Call your bank on Friday or earlier in the week. Most disputes can be reported by phone, and your bank will investigate even if the branch is closed.

If you are expecting a wire transfer or ACH deposit to arrive on Presidents Day, understand that it may not settle until Tuesday. If this matters for paying a bill or meeting a important date, plan for the delay. Some bills have grace periods, but not all.

What happens to direct deposits and automatic payments on Presidents Day

Direct deposits scheduled for Presidents Day may arrive a day late. This depends on your employer and your bank. Some employers process payroll the day before the holiday to may support it lands on time; others let it land on Tuesday. Check with your employer's payroll department if you are unsure.

Automatic bill payments you have set up will process on their scheduled date, but if that date is Presidents Day, the payment may not leave your account until Tuesday. If you have a tight cash flow, be aware of this timing. You can usually log into your bank's website and reschedule automatic payments if needed.

International transfers and wire transfers on Presidents Day

Wire transfers to other banks do not process on Presidents Day. If you send a wire on Presidents Day, it will sit in queue and process on Tuesday. International wire transfers take even longer — they typically process the next business day after the U.S. banking system reopens, which means they may not leave until Wednesday.

If you need money to move by a specific date, do not send it on or the day before Presidents Day. Send it at least two business days earlier. If you are receiving a wire and expecting it on Presidents Day, assume it will arrive Tuesday instead.

Frequently Asked Questions

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

Yes. Your debit card works at any merchant, ATM, or online store on Presidents Day. The bank branch being closed does not affect your card. You can swipe it, use it online, or withdraw cash from an ATM without any problem.

Will my paycheck deposit on Presidents Day if it is scheduled for that date?

It may arrive a day late. Some employers process payroll early to avoid the holiday; others let it process on the holiday itself, which means it lands Tuesday. Contact your payroll department to confirm their schedule. If you need the money on Presidents Day, ask your employer to process it earlier in the week.

What if I need to report fraud on Presidents Day?

Call your bank's fraud line. Most banks have a 24/7 fraud hotline separate from branch hours. The number is usually on the back of your card. You do not need to wait for the branch to open. Report it when ready, and your bank will investigate even though the branch is closed.

Do online banks close on Presidents Day?

No. Banks that operate only online, like Ally, Charles Schwab Bank, or Discover Bank, do not close on Presidents Day. Their websites and apps work normally. You can transfer money, check balances, and deposit checks by phone or app on Presidents Day just as you would any other day.

Can I deposit a check on Presidents Day?

Only if you use mobile check deposit through your bank's app. You photograph the check and submit it through your phone. You cannot deposit cash or checks at a teller window on Presidents Day because branches are closed. If your bank does not offer mobile deposit, you will need to wait until Tuesday.