Presidents Day is observed on the third Monday in February every year. This means that the actual date of Presidents Day is always changing. Because it is on a Monday, it also causes some problems when it comes to day-to-day business. Banks, however, don’t always close on federal holidays so whether your bank is open on Presidents Day or not is not a simple yes or no answer. Most banks are not open on Presidents Day, but there are exceptions.
Are Banks Open on Presidents Day?
No, most banks are closed on Presidents Day. For the majority of banks and credit unions, being closed on Presidents Day is the general rule. There are exceptions for this holiday. TD Bank is one of the only banks open on Presidents Day, as well as some supermarket and in-store branches of PNC Bank and SunTrust Bank.
Banks Closed on Presidents Day
- Bank of America is closed on Presidents Day
- Citibank is closed on Presidents Day
- U.S. Bank is closed on Presidents Day
- Capital One is closed on Presidents Day
- HSBC Bank is closed on Presidents Day
- PNC Bank regular branches are closed on Presidents Day
- SunTrust regular branches are closed on Presidents Day
Are Credit Unions Open on Presidents Day?
No, most credit unions are closed on Presidents Day. Credit unions are much like banks when it comes to this holiday. The vast majority of regular branches will be closed for the day, but there may be some located in grocery stores or other retail outlets which will remain open along with the store where they’re located.
The good news is that in the age of technology in which we are living, you do not have to go to the bank to do business. You can often do banking at the ATM or even through your mobile phone or the bank’s website. Most of these options can usually be accessed 24 hours a day, seven days a week.
Is the Stock Market Open on Presidents Day?
No, stock markets are closed on Presidents Day. Both the New York Stock Exchange (NYSE) and NASDAQ Composite are closed on Presidents Day. The stock markets usually mirror federal holidays when it comes to when they are closed. For those interested, these are all the stock market holidays this year.
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Are Banks Open on the day Before Presidents Day?
No, banks are closed the day before Presidents Day. Like every year, Presidents Day falls on a Monday the day before is a Sunday. The local bank and credit union branches have differing opening hours with some open on Sunday, but many banks remain closed. If your local bank branch is typically open on a Sunday, it will be open the day before Presidents Day.