Are Banks Closed on MLK Day 2025?

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If you need to run some errands during the upcoming holiday weekend, you may be wondering, are banks closed on MLK Day 2025? MLK Day is a federal holiday that celebrates the life and achievements of prominent civil rights leader Martin Luther King Jr. Government offices usually shut their doors on federal holidays like MLK Day, but do banks close too? Here’s what you need to know.

Are Banks Closed on MLK Day 2025?

If you’re wondering if banks are closed on MLK Day 2025. Unfortunately, the answer is yes. Just like government offices, banks usually shut down to observe federal holidays. So you can expect your local branch to be closed on MLK Day, which falls on Monday, January 20 this year. You won’t be able to head to a credit union either, because they’re typically closed on federal holidays as well.

Luckily, you can still take care of important financial tasks online through your bank’s mobile app or website. You’ll be able to transfer funds, schedule bill payments, check your balance, deposit checks, and more. But keep in mind that certain transactions may not be processed until the bank reopens on Tuesday, January 21.

You should also be able to find an open ATM on the holiday. Many drive-through ATMs are open 24/7 even when the bank itself is closed, allowing you to withdraw the cash you need.

Bank Holidays 2025

Are banks closed on MLK Day 2025? Yes, and it’s not the only holiday banks and credit unions will observe this year. There are usually 11 bank holidays throughout the year, including:

New Year’s Day – Wednesday, January 1
MLK Day – Monday, January 20
Presidents Day – Monday, February 17
Memorial Day – Monday, May 26
Juneteenth – Thursday, June 19
Fourth of July – Friday, July 4
Labor Day – Monday, September 1
Columbus Day/Indigenous Peoples’ Day – Monday, October 13
Veterans Day – Tuesday, November 11
Thanksgiving Day – Thursday, November 27
Christmas Day – Thursday, December 25

If a holiday falls on a weekend, it’s usually observed on a business day instead to give employees a true day off. A holiday that occurs on a Sunday will typically be observed the following Monday, while one that falls on Saturday will be celebrated the preceding Friday.

Some banks and credit unions also choose to shut down early on major holidays that aren’t federally recognized, such as Christmas Eve, Black Friday, and New Year’s Eve. Banks are also closed on Mother’s Day and Easter because they fall on Sunday when most financial institutions are closed.

Regular Bank Hours

Regular banking hours can vary by brand and branch. However, many banks are open during normal business hours on weekdays from 8 a.m. or 9 a.m. until around 5 p.m. As for weekends, many banks close early on Saturdays and shut down completely on Sundays. However, there are exceptions.

Certain brands such as TD Bank may keep select locations open on Sundays. Branches inside supermarkets are also more likely to be open on Sunday than standalone bank locations, but always call ahead to confirm!

How are you planning to spend your holiday weekend? Let us know in the comments!

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