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  • Most banks follow the Federal Reserve System’s holiday schedule.
  • If you’re part of an online bank, transactions aren’t processed on holidays.
  • You can still use an ATM if you need to withdraw money or deposit a check on a holiday.

Once a holiday weekend comes around, everything can become a frantic rush — family gatherings, last-minute shopping trips, ever-changing decorations. It’s easy to lose track of which days your bank is closed, but you also don’t want it to affect your day off if you need to access money in one of your bank accounts.

We’ve included a list of holidays when most banks close, plus alternatives for accessing cash if you need money quickly.

Are banks open on Indigenous Peoples’ Day/Columbus Day?

Most banks and credit unions will be closed on October 10, as financial institutions observe Indigenous Peoples’ Day or Columbus Day. 

Columbus Day is a federal holiday, so it is listed on the Federal Reserve System’s holiday schedule, which numerous financial institutions follow. Indigenous Peoples’ Day hasn’t been officially designated as a federal holiday by Congress, but it has been recognized as a national holiday by President Joe Biden. As a result, either of these holidays may be listed on your bank holiday schedule on October 10.

That said, there may be a few exceptions that will remain open. For example, TD Bank locations are open on October 10.

When are banks closed? 

Financial institutions close on federal holidays. Most have a holiday list on their website to let you know and prepare ahead of time.

Some brick-and-mortar banks like Bank of America and Wells Fargo have a list on the FAQ section of the website. Others, like TD Bank and Regions Bank, have separate pages with bank holiday schedules. During these holidays, brick-and-mortar banks will close all of their branches or modify their branch hours. Customer service hours may also vary depending on where you bank.

Online banks usually don’t have physical branch locations, but you still may be affected. When an online bank observes a holiday, transactions may be delayed until the next day.

Customer service availability will usually stay the same with online banks, but there are some exceptions. Capital One 360 offers customer service support for all holidays except the Fourth of July, Thanksgiving Day, Christmas Day, and New Year’s Day.

Most financial institutions follow the Federal Reserve System’s holiday schedule. Here is the holiday schedule for 2022. 

*Note that if a holiday falls on a Saturday, the bank will still be open on a Friday. But if a holiday occurs on a Sunday, the bank will be closed the following Monday.

Do transactions go through on bank holidays? 

Most banking transactions don’t process on bank holidays, regardless of whether you use an online or brick-and-mortar bank. 

Ally Bank, for instance, doesn’t let you make any money-related transactions on federal holidays. The online banking platform Chime also has a list of holidays when it can’t process direct deposits. 

Transactions at brick-and-mortar banks like Chase, Wells Fargo, and Bank of America won’t be processed until the next business day. Business days are weekdays when branches are in operation.

So, instead of hinging on a lagging direct deposit, you may want to come up with a backup plan in case the transaction gets delayed.

Where can I get cash when banks are closed? 

Branches are closed on federal holidays, but ATMs aren’t. If you have a debit or ATM card, you can still use a machine to take out cash during the holidays.

If you’re out of town, you can also use a debit card to get cash back at a store if you don’t have any free ATMs nearby. That way, you don’t have to pay an out-of-network ATM fee if your bank doesn’t reimburse charges.

How can I cash a personal check when banks are closed? 

If you receive a personal check during the holidays, there are a few roundabout ways access to your money quickly.

You can cash the check out at a store if you need money in a pinch.

Some ATMs let you cash or deposit checks, but you may already need to have those funds in your account. If your bank’s ATM network doesn’t let you make check transactions, you can deposit the check using your bank’s online or mobile features, then cash your check out using an ATM.

Funds likely won’t be available right away, so this alternative works best if you prefer to have money safe in your account and don’t mind waiting a day or two.



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