Washington, D.C.: Across the United States, federal buildings, schools, and many financial institutions paused operations Monday as Americans observed Presidents Day, the annual holiday honoring the country’s presidents and their public service.
Because Presidents Day is a federal holiday, the majority of national banks including Bank of America, Chase, Wells Fargo, Citibank, Capital One, PNC Bank, Truist, and Santander closed their branch locations for the day. Customers can still access ATMs, online banking, and mobile services, though most deposits and transfers processed Monday will not be posted until the next business day.
Financial markets are also observing the holiday. The New York Stock Exchange and Nasdaq are closed Monday and will resume trading Tuesday morning at 9:30 a.m. Eastern Time, returning investors to regular trading schedules after the long weekend.
While most banks remain closed, TD Bank is expected to keep many of its branches open depending on local hours, making it one of the few large banking networks offering limited in-person services during the holiday.
Presidents Day, observed each year on the third Monday of February, originally honored George Washington’s birthday but has since evolved into a broader national observance recognizing all US presidents. The holiday also marks one of the 11 annual federal banking holidays during which government agencies, many offices, and financial institutions suspend regular operations.
Understanding holiday closures helps consumers plan payments, deposits, and trading activities, particularly during long weekends when transaction processing and market access are temporarily paused.
