Most major banks close on Indigenous Peoples Day, but the answer depends on which bank you use and which state you're in

Indigenous Peoples Day is a federal holiday observed on the second Monday in October. Banks that are federally chartered or members of the Federal Reserve System close on this day, which includes most of the largest banks in the United States: Bank of America, Chase, Wells Fargo, Citibank, and US Bank all shut their branches and do not process transactions.

However, some banks remain open. State-chartered banks that are not Federal Reserve members may stay open, and many credit unions and smaller regional banks operate on their own holiday schedules. The only way to know for certain is to check directly with your bank or look at their holiday calendar online.

Key Takeaways

  • Federal banks and Federal Reserve members close on Indigenous Peoples Day; this includes Chase, Bank of America, Wells Fargo, Citibank, and US Bank.
  • Some state-chartered banks, credit unions, and smaller institutions stay open, so you need to verify with your specific bank.
  • ATMs and online banking remain available even when branches are closed.
  • If you need cash or in-person service, plan ahead by withdrawing money the business day before the holiday.

How to learn about your bank is closed

The fastest way is to call your bank's customer service line or check their website directly. Most banks post their holiday schedule on the homepage or in the FAQ section. Search for "holiday hours" or "Indigenous Peoples Day" on their site.

If you bank with a large national institution, assume it is closed unless you see otherwise. If you bank with a smaller or regional bank, credit union, or online-only bank, you cannot assume either way — you must check. Some online banks have no branches at all, so the holiday does not affect them.

What you can still do when the bank is closed

ATMs work 24/7 regardless of whether the branch is open, so you can withdraw cash, check your balance, and transfer money between your own accounts. Online banking portals and mobile apps also remain available.

You cannot deposit checks at an ATM at most banks, and you cannot speak to a person or conduct business that requires a teller. Wire transfers and ACH transfers initiated online may process, but they typically will not clear until the next business day anyway. If you need to deposit a check, do it before the holiday or wait until the bank reopens.

When Indigenous Peoples Day falls and what to plan for

Indigenous Peoples Day is always the second Monday in October. In 2024, it falls on October 14. In 2025, it falls on October 13. In 2026, it falls on October 12.

If you know you will need in-person banking services around that time, withdraw cash and deposit checks the Friday before. If you have bills due on or shortly after the holiday, pay them online a few days early or schedule automatic payments in advance.

Differences between federal and state-chartered banks

Federal banks are chartered by the Office of the Comptroller of the Currency (OCC) and must follow federal holiday schedules. State-chartered banks are chartered by their state and may follow a different schedule. A state-chartered bank might stay open on Indigenous Peoples Day if that state does not observe it as a holiday.

You can find out how your bank is chartered by looking at its charter documents or calling customer service. The bank's website sometimes lists this information, or you can search the OCC's database of national banks online.

What happens to automatic payments and scheduled transfers

Automatic bill payments and scheduled transfers you set up in advance will process on their scheduled date, even if the bank is closed. The transaction will go through, but it may not clear or post to your account until the next business day.

If a payment is due on Indigenous Peoples Day itself and you have not yet scheduled it, do it before the holiday. If you wait until the holiday to initiate a payment, it will not process until the bank reopens on Tuesday.

Frequently Asked Questions

Will my paycheck deposit on Indigenous Peoples Day if I have direct deposit?

Direct deposits scheduled for Indigenous Peoples Day will still go through, but they may not appear in your account until the next business day. Your employer's payroll system processes the deposit on their end regardless of whether your bank is open. Contact your employer's payroll department if you need to know the exact timing.

Can I use my debit card on Indigenous Peoples Day?

Yes. Your debit card works at merchants and ATMs whether your bank branch is open or closed. The transaction will process, though it may not post to your account until the next business day if the bank is closed.

What if I need to dispute a transaction on Indigenous Peoples Day?

You cannot speak to someone in person, but you can report a problem through your online banking portal, mobile app, or by calling the customer service number on the back of your card. Most banks have phone support available even on holidays. Document the issue and follow up in writing once the branch reopens.

Do credit unions close on Indigenous Peoples Day?

Some do and some do not. Credit unions are not required to follow federal holidays, so each one sets its own schedule. Check your credit union's website or call their main number to confirm whether they are open on Indigenous Peoples Day.

What if my bank is open but I cannot find their location?

Use your bank's branch locator tool on their website and filter by location. Call the branch directly to confirm their Indigenous Peoples Day hours. Some branches may have different hours than others, even within the same bank.