Most banks are closed on Mondays only if that Monday is a federal holiday
Regular Mondays: your bank is open. But if Monday falls on a federal holiday—Martin Luther King Jr. Day, Presidents' Day, Memorial Day, Independence Day, Labor Day, Thanksgiving, Christmas, or New Year's Day—then yes, it will be closed. The same applies to any Monday that your state or local government observes as a holiday in place of a federal one.
The easiest way to know for certain is to check your bank's website or call the branch directly. Most banks post their holiday schedule in September or October for the full year. If you need to do banking on a Monday that might be a holiday, a quick search for "federal holidays 2024" or "federal holidays 2025" will tell you whether that specific Monday is one.
If your bank is closed but you need to move money or pay a bill, most banks let you use their mobile app or website to transfer funds, pay bills, or deposit checks by phone camera. ATMs work on holidays. If you need to speak to someone, you can usually call back the next business day.
Key Takeaways
- Banks close on Mondays only when that Monday is a federal holiday like MLK Day, Presidents' Day, or Labor Day.
- You can check your bank's specific holiday schedule on their website or by calling your branch.
- Mobile banking, ATMs, and online transfers work on holidays even when branches are closed.
- If you need to speak to a banker on a holiday Monday, you will have to wait until the next business day.
Federal holidays when banks close
Banks observe these federal holidays and close their branches:
| Holiday | Typical Date |
|---|---|
| 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 |
| Independence Day | July 4 |
| Labor Day | First Monday in September |
| Thanksgiving | Fourth Thursday in November |
| Christmas | December 25 |
When a holiday falls on a weekend, banks typically close on the nearest weekday instead. For example, if Independence Day lands on a Saturday, many banks close on Friday. If it lands on a Sunday, they close on Monday.
Some banks may also close on Good Friday or other religious holidays, though this is less common. Check with your specific bank if you are unsure about a particular date.
What you can still do when your bank is closed
Branch closures do not stop you from managing your money. Most banks let you transfer money between your own accounts through their mobile app or website at any time, including holidays. You can also pay bills online, set up automatic payments, or deposit checks using mobile check deposit (if your bank offers it).
ATMs work 24/7, so you can withdraw cash or deposit checks at an ATM even on a holiday Monday. The deposit may not post to your account until the next business day, but the transaction itself goes through.
If you need to wire money to someone else or make a large transfer, you can usually set this up online as well, though the receiving bank may not process it until the next business day. For urgent money transfers on a holiday, consider a third-party service like Western Union or MoneyGram, which often operate on holidays.
When you actually need to visit a branch on a holiday
If you need to speak to a banker—to dispute a charge, open a new account, get a cashier's check, or discuss a loan—you cannot do that on a holiday Monday. You will have to wait until Tuesday or the next business day.
Plan ahead if you know you need branch services. Call your bank before the holiday to ask whether you can handle your issue over the phone or online. Many disputes and account questions can be resolved without a visit. If you truly need to be in person, ask whether the bank offers Saturday hours or whether a nearby branch has different hours.
For time-sensitive matters like a fraud dispute or a payment that is about to be due, call your bank's customer service line on the holiday itself. Most banks staff their phone lines even when branches are closed, and they can often help you or tell you what to do next.
How to find your bank's specific holiday schedule
Rather than guessing, look up your bank's official holiday schedule. Go to your bank's website and search for "holiday hours" or "branch closures." Most banks publish this information prominently in the fall for the upcoming year.
If you cannot find it online, call your branch directly or use the bank's customer service number on the back of your card. Ask them to confirm whether they are closed on the specific Monday you are asking about. They can also tell you whether any nearby branches have different hours.
If you bank with a smaller or regional bank, hours may vary by branch. A branch in one city might have different holiday hours than a branch 20 miles away. Always check the specific branch you plan to visit.
Frequently Asked Questions
Will my bank be closed on Presidents' Day?
Yes. Presidents' Day is a federal holiday, and all banks close on that day. It falls on the third Monday in February. If you need to do banking that day, use your mobile app, ATM, or online banking instead.
Can I deposit a check on a holiday Monday?
Yes, through an ATM or mobile check deposit. The check will be processed and the funds will post to your account on the next business day. In-person deposits at a branch are not possible on a holiday.
What if I need to dispute a charge on a holiday?
Call your bank's customer service line. Most banks staff their phone lines on holidays even when branches are closed. They can start a dispute investigation over the phone and tell you what documents to send or what to do next.
Do all banks close on the same holidays?
All banks close on federal holidays. Some banks may also close on additional holidays like Good Friday or religious observances. Check your specific bank's schedule to be sure.
What if I need cash on a holiday Monday?
Use an ATM. ATMs work 24/7, including on holidays. If you do not have enough cash on hand before the holiday, withdraw what you need from an ATM before Monday arrives.