Most banks are closed on federal holidays, but the Monday you're asking about matters

Whether your bank is open this Monday depends on which Monday it is. U.S. banks close on federal holidays—specific days set by law when most financial institutions shut down. If this coming Monday is one of those days, your bank will be closed. If it's a regular Monday, your bank will be open during normal hours.

The federal holidays when banks close are: New Year's Day (January 1), Martin Luther King Jr. Day (third Monday in January), Presidents' Day (third Monday in February), Memorial Day (last Monday in May), Juneteenth (June 19), Independence Day (July 4), Labor Day (first Monday in September), Columbus Day (second Monday in October), Veterans Day (November 11), Thanksgiving Day (fourth Thursday in November), and Christmas Day (December 25).

Some banks also close on the day after Thanksgiving, though this is less common. A few regional banks may observe additional state holidays, but the list above covers the vast majority of closures across the country.

Key Takeaways

  • Banks close on 11 federal holidays per year, and the specific Monday matters—check the date against the federal holiday calendar.
  • If this Monday is the third Monday in January, February, or the first Monday in September, your bank will be closed.
  • You can still use ATMs, mobile banking, and online transfers on closed days—these services run 24/7.
  • Checks and transfers initiated on a bank holiday may not process until the next business day, so timing matters if you need funds quickly.

How to check if your specific bank is closed

The fastest way is to call your bank's main number or check their website. Most banks display holiday hours prominently on their homepage or in the mobile app. You can also search "[your bank name] holiday hours" to see the full schedule for the year.

If you bank with a large national chain like Chase, Bank of America, Wells Fargo, or Citibank, they follow the federal holiday schedule exactly. Smaller regional banks and credit unions sometimes add extra closures, so it's worth confirming rather than assuming.

What you can and cannot do when the bank is closed

You can: withdraw cash from ATMs, check your balance, transfer money between your own accounts, pay bills online, deposit checks through mobile deposit (if your bank offers it), and send wire transfers through online banking. All of these services operate around the clock.

You cannot: speak to a teller or customer service representative, visit a branch in person, or conduct transactions that require a person to process them. If you need to dispute a charge, open a new account, or get a cashier's check, you'll have to wait until the bank reopens.

When deposits and transfers actually post on a bank holiday

This is where timing gets tricky. If you deposit a check through mobile deposit on a Monday when the bank is closed, the bank won't process it until Tuesday. The same applies to transfers you initiate—they won't move until the next business day.

Wire transfers sent through online banking on a holiday typically process the next business day as well, though some banks process them when ready regardless of the day. ACH transfers (the standard way to move money between banks) usually take one to two business days anyway, so a holiday doesn't change much there.

If you need money to clear by a specific date, don't initiate the transfer on a bank holiday. Do it the business day before instead.

Planning ahead for Monday closures

If you know a Monday is a federal holiday and you need to handle banking tasks, do them on Friday. Deposit checks, initiate transfers, and handle any account changes before the weekend. This gives you a full business day to catch any problems before the bank closes.

If you forgot and it's already Monday, use your bank's online or mobile services for anything that doesn't require a person. Most routine tasks—checking balances, moving money between your own accounts, paying bills—work fine without a branch.

Frequently Asked Questions

Can I use my debit card on a bank holiday?

Yes. Your debit card works at any ATM or merchant 24/7, regardless of whether your bank's branch is open. The only limit is your daily withdrawal limit, which your bank sets.

Will a check I deposit on a holiday clear faster or slower?

Slower. A check deposited on a bank holiday won't be processed until the next business day. If you deposit it Friday, it may clear by Monday or Tuesday. If you deposit it Monday (a holiday), it won't clear until Tuesday or Wednesday.

What if I need cash and the bank is closed?

Use an ATM. Your bank's ATMs work 24/7, and you can withdraw cash on any day, including holidays. If you need more than your daily limit allows, you'll have to wait until the branch reopens.

Do credit unions close on the same holidays as banks?

Most do, but not all. Some credit unions observe the same federal holidays as banks. Others add extra closures or have different schedules. Call your credit union or check their website to confirm.

If Monday is a holiday, when do I get my paycheck?

Direct deposit still posts on the scheduled day, even if it's a bank holiday. Your employer sends the money, and it lands in your account on the normal date. You can access it when ready through ATM or online banking.