No, banks are closed on Presidents Day. Presidents Day (officially “Washington’s Birthday”) is a federal holiday, meaning all federally regulated banks close and the Federal Reserve does not process transactions. ATMs, mobile banking, and online banking remain available 24/7. This guide covers what is open, what is closed, and how to handle payroll, wires, and bills around the holiday.
See the bank holidays schedule for every bank closure date in 2025 and 2026.
When Is Presidents Day?
Presidents Day is observed on the third Monday of February each year, creating a three-day weekend for most workers.
| Year | Presidents Day | Day |
|---|---|---|
| 2025 | February 17 | Monday |
| 2026 | February 16 | Monday |
| 2027 | February 15 | Monday |
| 2028 | February 21 | Monday |
| 2029 | February 19 | Monday |
The holiday is officially called “Washington’s Birthday” on the federal calendar but is commonly known as Presidents Day and associated with both George Washington and Abraham Lincoln, whose birthdays both fall in February.
What Is Closed on Presidents Day?
Presidents Day is one of the 11 federal holidays, so many institutions close:
| Institution | Open on Presidents Day? |
|---|---|
| Banks | No |
| Credit unions | No |
| Federal Reserve | No |
| Stock markets (NYSE, NASDAQ) | No |
| Bond markets | No |
| Post office | No |
| Federal government offices | No |
| State government offices | Usually no |
| Schools | Usually no |
Most stores, restaurants, and private businesses remain open — retailers often run Presidents Day sales on this weekend.
What Banking Services Work on Presidents Day?
While branches close, electronic banking remains fully functional. Here is what you can and cannot do:
| Service | Available? | Notes |
|---|---|---|
| ATM withdrawals | Yes | 24/7 access |
| ATM deposits | Yes | Processes Tuesday |
| Mobile banking | Yes | Full functionality |
| Online banking | Yes | Full access |
| Debit card payments | Yes | Works normally |
| Credit card payments | Yes | Works normally |
| Zelle | Yes | Instant for enrolled users |
| Same-bank transfers | Yes | Usually instant |
| Mobile check deposit | Yes | Clears Tuesday |
| ACH transfers | Initiated only | Settles Tuesday |
| Wire transfers | No | Fed closed |
| Branch services | No | Closed |
You can manage your accounts and make purchases normally — you just cannot complete inter-bank ACH transfers or wires until Tuesday. Zelle uses the Real-Time Payments network and is typically available even on federal holidays.
Major Banks on Presidents Day
Every major bank in the United States closes its branches on Presidents Day. ATM networks remain accessible around the clock, and each bank’s mobile app and website function normally.
| Bank | Branch Status | 24/7 ATM Access |
|---|---|---|
| Chase | Closed | Yes |
| Bank of America | Closed | Yes |
| Wells Fargo | Closed | Yes |
| Citi | Closed | Yes |
| Capital One | Closed | Yes |
| PNC | Closed | Yes |
| TD Bank | Closed | Yes |
| US Bank | Closed | Yes |
| Truist | Closed | Yes |
All banks follow the Federal Reserve holiday schedule because they cannot process inter-bank transactions when the Fed is closed.
How Presidents Day Affects Payroll and Bills
Direct Deposits
If your payday falls on Presidents Day Monday, your employer’s payroll system likely handles this in one of two ways:
| Scenario | When You Get Paid |
|---|---|
| Employer adjusts automatically | Friday before (Feb 13, 2026) |
| Employer does not adjust | Tuesday (Feb 17, 2026) |
Most large employers and payroll providers (ADP, Paychex, Gusto) automatically release direct deposits early when payday falls on a holiday. Check with your HR department if you are unsure.
Bill Payments
If a bill due date falls on Presidents Day:
| Payment Type | What Happens |
|---|---|
| Autopay | Processes Tuesday (usually no penalty) |
| Online bill pay | Submit by Friday for timely processing |
| Mailed check | Mail by Wednesday the week before |
| Late fee risk | Most creditors give a grace day for holiday delays |
Social Security
Social Security payments follow a schedule based on birth date. If your payment date falls on Presidents Day, you will receive it the business day before — Friday, February 13, 2026.
Presidents Day Weekend: Three-Day Closure
Because Presidents Day always falls on Monday, you get three consecutive days without branch access:
| Day | Branch Status | Fed Processing |
|---|---|---|
| Saturday | Limited hours | Off |
| Sunday | Closed | Off |
| Monday (Presidents Day) | Closed | Off |
| Tuesday | Open | Normal |
Any transactions initiated Friday evening through Monday will not begin Fed processing until Tuesday morning.
Planning Your Banking Around Presidents Day
| Task | Complete By |
|---|---|
| Large cash withdrawals | Friday |
| Check deposits (need funds cleared) | Wednesday or Thursday |
| Wire transfers | Friday (before cutoff, typically 5 PM ET) |
| Bill payments due Monday | Friday |
| Cashier’s checks | Friday |
What to Do If You Need Banking on Presidents Day
| Need | Solution |
|---|---|
| Cash | ATM or grocery store cash back |
| Deposit cash | ATM deposit (clears Tuesday) |
| Deposit check | Mobile deposit (clears Tuesday) |
| Pay a bill | Online bill pay or creditor’s website |
| Transfer money | Zelle (instant) or ACH (clears Tuesday) |
| Emergency card issue | 24/7 fraud hotline — freeze card in app |
For ATM withdrawal limits before heading out for large cash needs, see the ATM withdrawal limits guide.
Stock Market on Presidents Day
Presidents Day closes both banks and markets. This is one of nine annual stock market holidays when no trading occurs on US exchanges.
| Market | Presidents Day Status |
|---|---|
| NYSE | Closed |
| NASDAQ | Closed |
| Bond markets | Closed |
| Chicago Mercantile Exchange | Closed |
| Options markets | Closed |
Trading resumes Tuesday at 9:30 AM ET. Orders placed over the weekend execute when markets open.
Credit Unions and Presidents Day
Credit unions follow the same federal holiday schedule as banks. Federal credit unions are required to close on all federal holidays. State-chartered credit unions typically do the same.
| Credit Union Type | Presidents Day Status |
|---|---|
| Federal credit unions | Closed |
| State-chartered credit unions | Usually closed |
| Digital-only credit unions | Branch closed (if any); digital open |
Presidents Day vs. Other Monday Holidays
All Monday federal holidays create the same three-day banking gap — no Fed processing from Friday evening through Tuesday morning.
| Holiday | Date | Bank Closure |
|---|---|---|
| MLK Day | 3rd Monday, January | Closed |
| Presidents Day | 3rd Monday, February | Closed |
| Memorial Day | Last Monday, May | Closed |
| Labor Day | 1st Monday, September | Closed |
| Columbus Day | 2nd Monday, October | Closed |
See our guides for MLK Day banking hours and Columbus Day banking hours.
Emergency Banking on Presidents Day
| Emergency | Solution |
|---|---|
| Lost or stolen debit card | Call 24/7 fraud hotline; freeze card in app |
| Lost or stolen credit card | Call issuer’s 24/7 line |
| Fraud on account | Report through app or phone |
| Locked out of account | Some issues resolved via phone |
| Need emergency funds | ATM cash advance or credit card purchase |
Major bank 24/7 emergency lines:
- Chase: 800-935-9935
- Bank of America: 800-432-1000
- Wells Fargo: 800-869-3557
- Citi: 800-374-9700
Key Takeaways
| Question | Answer |
|---|---|
| Are banks open on Presidents Day? | No — all branches are closed |
| When is Presidents Day 2026? | Monday, February 16, 2026 |
| Do ATMs work? | Yes — 24/7 |
| Does direct deposit go through? | No — settles Tuesday |
| Can I do a wire transfer? | No — Fed is closed |
| Best option to send money? | Zelle (real-time on RTP network) |
Banks are closed on Presidents Day because the Federal Reserve does not operate on federal holidays. You can still access your money through ATMs, mobile banking, and online banking. ACH transfers and wires will not settle until Tuesday. Plan ahead by completing time-sensitive banking by Friday afternoon.
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