Live
Breece Hall’s quad injury leaves Jets’ Week 8 start in Braelon Allen’s handsNovember 2026 class action settlements: 3 deadlines you missed and 3 you still haveApple AirTags hit lowest price ever at $70 for a 4-packBinance covers 90% of $6.3bn hack losses in record crypto theftHuman activity halted the next ice age 2,000 years agoLowe’s Black Friday 2026: $200 off washers and $79 fire pits start nowSalim Said sentenced to 30 years for $250M Feeding Our Future fraud schemeCertified iPhone 15 for $376: how to get a new-feel phone for less than AirPods MaxFBI confirms North Korea’s $6.3 billion crypto heist from BinanceKauai flash flood warning extended: 1-2 inches of rain per hour triggers Hanalei Bridge closureGhanaian teen fatally shot on way to school in BronxThe Legend of Zelda 40th Anniversary Switch 2: Why Nintendo’s Shortage Hits Even Fans Who PreorderedBreece Hall’s quad injury leaves Jets’ Week 8 start in Braelon Allen’s handsNovember 2026 class action settlements: 3 deadlines you missed and 3 you still haveApple AirTags hit lowest price ever at $70 for a 4-packBinance covers 90% of $6.3bn hack losses in record crypto theftHuman activity halted the next ice age 2,000 years agoLowe’s Black Friday 2026: $200 off washers and $79 fire pits start nowSalim Said sentenced to 30 years for $250M Feeding Our Future fraud schemeCertified iPhone 15 for $376: how to get a new-feel phone for less than AirPods MaxFBI confirms North Korea’s $6.3 billion crypto heist from BinanceKauai flash flood warning extended: 1-2 inches of rain per hour triggers Hanalei Bridge closureGhanaian teen fatally shot on way to school in BronxThe Legend of Zelda 40th Anniversary Switch 2: Why Nintendo’s Shortage Hits Even Fans Who Preordered
Money

Are banks open on MLK Day 2027? No, closed Monday, January 18

No: most banks are closed on MLK Day 2027, Monday, January 18, 2027, a holiday observed by the Federal Reserve Banks.

Updated Source: Federal Reserve Board, Holidays Observed (K.8)
The 5-second answer

No: most banks are closed on MLK Day 2027, Monday, January 18, 2027, a holiday observed by the Federal Reserve Banks.

By TrendPulse Newsroom · Published · How we report

3 min read2 sources cited

Updated (ET)

No: most banks are closed on MLK Day 2027, Monday, January 18, 2027, a holiday observed by the Federal Reserve Banks. ATMs and online banking keep working; ACH transfers due that day settle on Tuesday, January 19, 2027.

The Federal Reserve lists Birthday of Martin Luther King, Jr. 2027 as Monday, January 18, 2027. Federal Reserve Banks are closed that day.

Individual banks and credit unions set their own branch hours , so check yours; the Fed calendar governs when payments settle. Payments that need Fed settlement, including most direct deposits and ACH transfers due on Monday, January 18, 2027, are processed on Tuesday, January 19, 2027.

MLK Day 2027 at a glance — Source: Federal Reserve K.8 / OPM
Item2027Source
Holiday dateMonday, January 18, 2027OPM
Federal (OPM) day offMonday, January 18, 2027OPM
Federal Reserve BanksClosed Monday, January 18, 2027Federal Reserve K.8
Federal Reserve BoardClosed Monday, January 18, 2027Federal Reserve K.8
Fed-settled payments due that daySettle Tuesday, January 19, 2027Federal Reserve K.8
Previous federal holidayNew Year's Day: Friday, January 1, 2027OPM
Next federal holidayPresidents' Day (Washington's Birthday): Monday, February 15, 2027OPM

FAQ

Is MLK Day a bank holiday in 2027?

Yes. Federal Reserve Banks are closed Monday, January 18, 2027. (Source)

What day is MLK Day 2027?

Monday, January 18, 2027; the federal day off is Monday, January 18, 2027. (Source)

Will direct deposit arrive on MLK Day 2027?

Deposits due on Monday, January 18, 2027 usually settle on Tuesday, January 19, 2027; some employers pay a day early. (Source)

Do ATMs and online banking work on MLK Day?

Yes. Only transfers that need Federal Reserve settlement wait for the next business day. (Source)

What is the next bank holiday in 2027?

Washington's Birthday: Monday, February 15, 2027. (Source)

Related

TrendPulse Newsroom · Updated:

Next storyAre banks open on Christmas 2027? Mostly yes, Fed Banks open Friday, December 24

You may also like

Money

Are banks open on Christmas 2027? Mostly yes, Fed Banks open Friday, December 24

Money

Are banks open on Columbus Day 2027? No, closed Monday, October 11

Money

Are banks open on Fourth of July (Independence Day) 2027? No, closed Monday, July 5

Money

Are banks open on Juneteenth 2027? Mostly yes, Fed Banks open Friday, June 18

Money

Are banks open on Labor Day 2027? No, closed Monday, September 6

Money

Are banks open on Memorial Day 2027? No, closed Monday, May 31