Are Banks Open Or Closed On Presidents Day 2025?

Are Banks Open Or Closed On Presidents Day 2025?

is another term used for the holiday celebrating George Washington’s birthday that is observed on the third Monday in February.

When Is Presidents Day 2025?

In 2025, Presidents Day falls on Monday, February 17.

Is Presidents Day A Government Holiday?

Presidents Day is a government holiday which means that many schools and government offices are closed along with some private businesses.

Presidents Day originally came from the federal holiday for George Washington’s Birthday.

But after the observance was changed to the third Monday in February, the holiday has become to be known as “Presidents Day” to celebrate both Abraham Lincoln’s birthday and Washington’s birthday in most states.

However, the federal government has never officially changed the name from Washington’s Birthday to Presidents Day.

Most banks are closed on Presidents Day 2025 because it is a federal holiday and the Federal Reserve Bank is closed on Washington’s Birthday.

Are Banks Open or Closed on Presidents Day 2025?

Presidents Day falls on Monday, February 17, 2025. Most banks will be closed in observance of this federal holiday, as the Federal Reserve Bank is also closed. However, it is always best to check with your local branch to confirm their operating hours.

Presidents Day 2025 Bank Deposits

Since Presidents Day is a federal holiday, bank deposits may be delayed, including payroll deposits, income tax refunds, and other direct deposits such as Supplemental Security Income (SSI). Depending on your bank’s policies, deposits made on Monday, February 17, 2025, may not be credited until Tuesday, February 18, 2025, or later.

Presidents Day IRS Where’s My Refund

Due to the federal holiday, IRS tax refunds will not be processed or credited to bank accounts on Presidents Day 2025. Tax filers expecting a refund around this time may see a message on the IRS “Where’s My Refund” page stating that their return is being processed, without an updated deposit date.

List of Banks Closed on Presidents Day 2025

Most major banks will be closed on Presidents Day, Monday, February 17, 2025, including:

  • Ally Bank
  • Bank of America
  • Capital One
  • Chase Bank
  • Citibank
  • Fifth Third Bank
  • HSBC
  • Huntington National Bank
  • PNC Bank
  • Regions Bank
  • Truist Bank (formerly SunTrust and BB&T)
  • TD Bank
  • Wells Fargo

If you need to visit a bank, consider using online banking services or ATMs. For specific inquiries, check with your bank directly.