Javascript is not enabled.

Javascript must be enabled to use this site. Please enable Javascript in your browser and try again.

Skip to content
Content starts here
CLOSE ×
Search
Leaving AARP.org Website

You are now leaving AARP.org and going to a website that is not operated by AARP. A different privacy policy and terms of service will apply.

Federal Bank Holidays 2023: Find Out if Your Branch Is Open

Even if it’s closed, you can still use the ATM or online site

spinner image bank sign
Tetra / Getty Images

Banks are not required to close on the holidays designated by the U.S. Federal Reserve System, but they usually do. Expect bank branches to be closed on Monday, June 19, in observation of Juneteenth.

Here is the Fed’s holiday schedule for 2023:

  • New Year’s Day: Monday, Jan. 2 (observed because the holiday falls on a Sunday)
  • Martin Luther King Jr. Day: Monday, Jan. 16
  • Washington’s Birthday: Monday, Feb. 20
  • Memorial Day: Monday, May 29
  • Juneteenth National Independence Day: Monday, June 19
  • Independence Day: Tuesday, July 4
  • Labor Day: Monday, Sept. 4
  • Columbus Day: Monday, Oct. 9
  • Veterans Day: Saturday, Nov. 11
  • Thanksgiving: Thursday, Nov. 23
  • Christmas: Monday, Dec. 25
spinner image member card

AARP Membership — $12 for your first year when you sign up for Automatic Renewal

Get instant access to members-only products and hundreds of discounts, a free second membership, and a subscription to AARP The Magazine.

Join Now

On these days, brick-and-mortar branches will likely be closed. (One notable exception among major banks is TD Bank, which does business on some federal holidays but will close for Juneteenth.) If so, in-person services are not available. Tellers and other staff get the day off, and drive-through service is typically closed, too, unless it’s automated. ATMs should be accessible.

Digital banking remains open, however, regardless of what America is celebrating that day. You can transact routine banking business via your bank’s or credit union’s website or app. If you have an online account, you can:

Your bank may offer additional digital services; check its website for information.

Here are some other things to know about banking, or not banking, on federal holidays.

Processing may take longer

Electronic bank transfers are routed through the Federal Reserve, so they don’t advance on holidays when the Fed is closed. (The same goes for weekends.) Thus, banking business you do online on a holiday will not start processing until the next business day.

Similarly, if it typically takes, say, two or three business days for a check deposit to clear or for a payment to process, the holiday won’t count toward those days.

The day of the week matters

By law, five of the 11 Federal Reserve holidays — Martin Luther King Jr. Day, Washington’s Birthday/Presidents Day, Memorial Day, Labor Day and Columbus Day — always take place on a Monday. The rest occur on fixed dates and periodically fall on a Sunday. In that instance, the Fed observes the holiday on the following Monday (as it did for New Year’s Day in 2023), and banks often do the same.

If a holiday falls on a Saturday, as Veterans Day does in 2023, the Fed does not observe it on the Friday before.

Schedules may differ by state

Some states have distinct holidays of their own or observe holidays that are not on the federal calendar, such as Good Friday, the day after Thanksgiving or Christmas Eve. Bank branches in your state might close or operate with shorter hours on those days. Contact your bank or check its online branch locator for information.

Electronic bank transfers are routed through the Federal Reserve, so they don’t advance on holidays when the Fed is closed. (The same goes for weekends.) Thus, banking business you do online on a holiday will not start processing until the next business day.

Similarly, if it typically takes, say, two or three business days for a check deposit to clear or for a payment to process, the holiday won’t count toward those days.

Flowers & Gifts

Proflowers

25% off sitewide and 30% off select items

See more Flowers & Gifts offers >

The day of the week matters

By law, five of the 11 Federal Reserve holidays — Martin Luther King Jr. Day, Washington’s Birthday/Presidents Day, Memorial Day, Labor Day and Columbus Day — always take place on a Monday. The rest occur on fixed dates and periodically fall on a Sunday. In that instance, the Fed observes the holiday on the following Monday (as it did for New Year’s Day in 2023), and banks often do the same.

If a holiday falls on a Saturday, as Veterans Day does in 2023, the Fed does not observe it on the Friday before.

Schedules may differ by state

Some states have distinct holidays of their own or observe holidays that are not on the federal calendar, such as Good Friday, the day after Thanksgiving or Christmas Eve. Bank branches in your state might close or operate with shorter hours on those days. Contact your bank or check its online branch locator for information.

Join AARP to continue reading

Find exclusive interviews, smart advice, free novels, full documentaries, fun daily features and much more — all a benefit of your AARP membership — on Members Only Access.

Join AARP for Members Only Access

Already a Member?