Presidents’ Day, also known as Washington’s Birthday, is around the corner, falling on Monday, February 19, 2024.
If you are wondering whether your bank will be open, we have got the details. Keep reading to learn more.
It might be difficult not knowing which banks are open on holidays, especially if you need to deposit a check or inquire about a loan and learn that your branch is closed.
Because banks are private businesses, they can choose to stay open whenever they wish, including on Saturday and Sunday.
However, nearly all banks in the United States close for federal holidays such as Presidents Day.
Most major banks across the United States will be closed for Presidents’ Day.
This includes big names like Bank of America, Chase, Citi, PNC, and Wells Fargo, among others.
So, if you were planning to swing by these banks on the holiday, you might need to reschedule your visit.
However, there’s always an exception. TD Bank is the outlier among major banks, keeping its branches open on Presidents’ Day.
But here’s the catch: TD Bank branches are primarily located in the eastern United States.
So, if you’re outside that area, you might still need to make alternative plans.
Likewise, if you’re not near a TD Bank and still need to do some banking on Presidents’ Day, don’t worry.
Some regional banks have your back. Take Arvest Bank , for example. Their branches in Arkansas, Kansas, Missouri, and Oklahoma will remain open, giving you options if you’re in these areas.
Check out other holiday for the coming year 2024
Holiday Date
New Year’s Day January 1
Martin Luther King Day January 15
Presidents’ Day February 19
Memorial Day May 27
Juneteenth June 19
Independence Day July 4
Labor Day September 2
Columbus Day October 14
Veterans Day November 11
Thanksgiving November 28
Christmas Day December 25
Conclusion
In a nutshell, while Presidents’ Day might be a day off for many, it’s not the best time for banking errands.
Unless you’re near a TD Bank or within the service area of a regional bank like Arvest, it’s a good idea to plan your banking tasks for a different day.
Keep in mind that ATMs and online banking services are available 24/7, so you can still manage your finances conveniently, even on holidays.
So, whether you’re enjoying a day off or running errands, remember to check your bank’s status and location to avoid any surprises. Happy Presidents’ Day!
Frequently Asked Questions
Are all banks closed on bank holidays?
Bank holidays are days off when banks and many other companies are closed. Public holidays, such as Christmas Day, are holidays that have been observed through custom and practice.
What to Do If Your Bank Is Closed?
Even if your bank location is closed, there are a few options for meeting the majority of your financial needs.
Accessing your online bank account or using the bank’s mobile app is the simplest approach.
Because of the popularity of online and mobile banking, a lot of online-only banks offer a full range of goods and services that allow you to conduct the majority of the banking operations that you could do in a branch, such as transferring money and making deposits.
What is another name for Presidents Day?
George Washington’s Birthday
While it may appear that the entire country celebrates “Presidents’ Day,” Virginia, Illinois, Iowa, and New York mark the third Monday in February as “Washington’s Birthday” or “George Washington Day.” Some states, like Virginia, observe Washington’s birthday throughout the month of February.