Major U.S. banks, including Bank of America, Chase, Citibank, and Wells Fargo, will be closing all branches on Monday, January 19th. This closure is to observe the Martin Luther King, Jr. Day holiday.
The list of banks closed on Monday, January 19th, for MLK Day includes most financial institutions, such as Bank of America, Wells Fargo, Chase, Goldman Sachs, Citibank, U.S. Bank, SunTrust Bank, Morgan Stanley, Truist Bank, PNC Bank, Capital One, Citizens Bank, Santander Bank, and Compass.
While physical bank locations will be unavailable, online and ATM banking services will remain accessible. Customers can continue to manage most daily banking tasks through mobile applications. However, payments scheduled for a federal holiday may not begin processing until the next business day.
U.S. Banks Follow a Regular Holiday Schedule
U.S. banks adhere to the 11 federal holidays recognized by the U.S. government, following the schedule set by the Federal Reserve. Some of these holidays fall on specific dates, while others vary each year. If a holiday falls on a weekend, it is typically observed on the preceding Friday or following Monday.
Here are the dates for federal holidays in the United States in 2026, on which banks will be closed:
- New Year’s Day: January 1, 2026
- Martin Luther King, Jr. Day: January 19, 2026
- Presidents’ Day: February 16, 2026
- Memorial Day: May 25, 2026
- Juneteenth Day: June 19, 2026
- Independence Day: July 3, 2026 (observed on July 3rd as July 4th falls on a Saturday)
- Labor Day: September 7, 2026
- Columbus Day: October 12, 2026
- Veterans Day: November 11, 2026
- Thanksgiving Day: November 26, 2026
- Christmas Day: December 25, 2026
Frequently Asked Questions
Will I be able to deposit or withdraw cash on January 19th?
While bank branches will be closed on January 19th, you will still be able to deposit or withdraw cash using ATMs or through mobile banking applications.
What happens if I schedule a payment for January 19th?
If you schedule a payment for January 19th, processing may be delayed until the next business day, when the bank reopens.
Are all banks closed on the same holidays?
Yes, most banks in the United States follow the same holiday schedule as established by the Federal Reserve, meaning they will be closed on the same 11 federal holidays.
As banks continue to adapt to evolving customer needs, will the traditional practice of closing branches on federal holidays remain consistent in the years to come?
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