Are banks open on Washington's Birthday 2027? No, closed Mon, Feb. 15
No: Federal Reserve Banks are closed on Washington's Birthday, Monday, February 15, 2027, so most banks close and deposits don't settle, per Fed K.8.
Updated (ET)
No: Federal Reserve Banks are closed on Washington's Birthday, Monday, February 15, 2027, so most banks close and deposits don't settle, per Fed K.8. Online banking and ATMs keep working; transfers sent that day post on the next business day.
The Federal Reserve sets the settlement calendar that banks use for direct deposits and ACH transfers. Individual banks can choose to open branches, so check with yours.
Fed note: Reserve Banks are open, but the Board is closed, on July 3, 2026, June 18, 2027, December 24, 2027, December 31, 2027, and November 10, 2028.
| Holiday | Date | Federal Reserve Banks | Source |
|---|---|---|---|
| Washington's Birthday | Monday, February 15, 2027 | Closed | Federal Reserve K.8 |
| Memorial Day | Monday, May 31, 2027 | Closed | Federal Reserve K.8 |
FAQ
Are banks open on Washington's Birthday 2027?
Are banks open on Washington's Birthday 2027?
No, Federal Reserve Banks are closed Monday, February 15. (Source)
Will my direct deposit arrive?
Deposits scheduled for a Fed holiday usually settle the next business day; some employers send them a day early. (Source)
Do ATMs and online banking work?
Yes, but transfers post on the next business day. (Source)
Is the stock market open?
This page covers banks only; see nyse.com for market hours.
What is the next bank holiday?
Memorial Day, Monday, May 31, 2027. (Source)
Who decides bank holidays?
The Federal Reserve publishes the holiday schedule its Banks observe. (Source)