Presidents' Day: Are Banks Open?



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On February 18, we celebrate Washington's birthday, the 3rd Monday of the month, celebrating the life of George Washington – the first US Head of State – as well as former presidents, such as Abraham Lincoln.

Even though they are not obliged to do so, most private banks tend to close their doors during the federal holidays because of the Federal Reserve system – a government agency on which they rely for the most part. their activities – will not work. This can be painful if you have an urgent need to access certain financial services that are not available online.

However, if you are a TD Bank customer, you will be delighted to learn that the company has announced that it will keep branches open on Mondays at regular office hours – the only major bank to do so – although its best to check with your local branch to make sure.

TD Bank is also open for two more federal holidays in 2019 – Columbus Day (October 14) and Veterans Day (November 11).

Unfortunately, the Toronto-based bank is an exception to the trend. Below is a list of banks that will be closed on Presidents' Day, according to GOBankingRates.

  • American National Bank
  • BancorpSouth
  • Bank of America
  • Bank of the West
  • BBVA Compass
  • BB & T
  • BMO Harris Bank
  • Capital One Bank
  • Hunt
  • City National Bank
  • Citibank
  • Citizens Bank
  • Comerica Bank
  • Dollar Bank
  • Eastern Bank
  • Fidelity Bank
  • First Citizens Bank
  • First national bank
  • Huntington State Bank
  • KeyBank
  • Kitsap Bank
  • M & T Bank
  • Marine Federal Credit Union
  • People's United Bank
  • PNC Bank
  • Bank of Regions
  • Sandy Spring Bank
  • Santander Bank
  • SunTrust Bank
  • Union Bank
  • American Bank
  • Wells Fargo

While most bank branches will be closed, many businesses will continue to keep customer service centers open if certain issues need to be addressed. In addition, online transactions should work in most cases, but keep in mind that some can not be processed immediately. In the meantime, you will still be able to withdraw money Monday at most ATMs.

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