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Kiplinger
Kiplinger
Business
Karee Venema

Are Banks Closed on Presidents Day?

(Image credit: Getty Images)

Are the banks closed on Presidents Day in 2026? That's a question plenty of folks are asking just ahead of the federal holiday. The answer is yes, banks are closed on Presidents Day, or Washington's Birthday, as the holiday is also known.

Washington's Birthday became a federal holiday in 1879 as a way to commemorate America's first president. It was initially celebrated on February 22, George Washington's birthday.

Its purpose has since been expanded to honor all those who have served as president of the United States, and in 1970, the federal holiday was moved to the third Monday in February. The three-day weekend marks the third bank holiday so far in 2026.

As for stock market holidays – particularly for those asking "is the stock market open on Presidents Day" – the stock market is typically closed on the federal holiday. Bond traders also get a three-day weekend, with bond markets shuttered on Washington's Birthday, too.

For those wondering what time does the market open for regular trading hours, both the Nasdaq Stock Market and the New York Stock Exchange (NYSE) are open from 9:30 am to 4:00 pm Eastern Standard Time Monday through Friday.

If you're looking to take some time over the three-day weekend to get a head start on your tax preparation, have a look at what you need to know before filing for tax season. Additionally, don't forget to check out the federal income tax brackets and standard deductions for 2025 and 2026. And while we're on the topic of taxes, be sure to see if the earned income tax credit can help you.

Below, we feature a full schedule of all U.S. bank holidays for 2026.

2026 bank holidays

Date

Day

Holiday

January 1

Thursday

New Year's Day

January 19

Monday

Martin Luther King, Jr. Day

February 16

Monday

Presidents Day/Washington's Birthday

May 25

Monday

Memorial Day

June 19

Friday

Juneteenth National Independence Day

July 4

Saturday

Independence Day

September 7

Monday

Labor Day

October 12

Monday

Columbus Day/Indigenous Peoples' Day

November 11

Wednesday

Veterans Day

November 26

Thursday

Thanksgiving Day

December 25

Friday

Christmas Day

* This is the recommended bank market holiday schedule from the Federal Reserve. This schedule is subject to change.

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