If you need to visit a bank on Memorial Day, it is important to plan ahead. Most banks in the United States will be closed on Memorial Day 2027, which falls on Monday, May 31, 2027.
Memorial Day is a federal holiday observed by the Federal Reserve System. As a result, most traditional bank branches close for the day. However, customers can generally continue using ATMs, mobile banking apps, and online banking services.
Whether you bank with Chase, Bank of America, Wells Fargo, U.S. Bank, or another financial institution, here is what to know about bank hours, deposits, transfers, and other services on Memorial Day.
Are Banks Open on Memorial Day 2027?
No. Most banks will be closed on Memorial Day, Monday, May 31, 2027.
Memorial Day is included in the Federal Reserve’s holiday schedule. Most major banks follow this schedule and close their branches for the holiday.
Although bank branches will generally be unavailable, customers can still access many digital services. You can usually check your balance, review transactions, transfer money between eligible accounts, and use an ATM.
If you need in-person assistance, visit your bank before the holiday or check its official website for branch-specific hours.
Are Banks Closed on Memorial Day 2027?
Yes. Most traditional banks and credit unions are expected to close their physical branches on Monday, May 31.
Memorial Day is one of the major U.S. banking holidays. Because Federal Reserve financial services observe the holiday, certain payment and settlement services do not operate on their normal business-day schedule.
Banks generally reopen on Tuesday, June 1, 2027, although individual branch hours may vary.
Is Chase Bank Open on Memorial Day 2027?
Chase branches are expected to be closed on Memorial Day 2027.
Chase customers should not expect regular in-person branch services on Monday, May 31. If you need to deposit a check with a teller, speak with a bank representative, or complete another branch transaction, try to do so before the holiday.
Chase customers can generally continue to use:
- Chase online banking
- The Chase mobile app
- ATMs for eligible transactions
- Debit and credit cards
- Account balance and transaction information
Check the official Chase website for branch information and holiday updates.
Is Bank of America Open on Memorial Day 2027?
Bank of America financial centers are expected to be closed on Memorial Day.
Customers should plan to complete in-person banking before Monday, May 31. Online and mobile banking services are generally available during bank holidays.
You can usually use the Bank of America mobile app or website to:
- Check account balances
- Review recent transactions
- Pay eligible bills
- Transfer money between accounts
- Manage debit and credit cards
For branch-specific information, visit the Bank of America website.
Is Wells Fargo Open on Memorial Day 2027?
Most Wells Fargo branches are expected to be closed on Memorial Day 2027.
Wells Fargo customers can generally continue using online banking, mobile banking, ATMs, and eligible card services while branches are closed.
If you need assistance that requires a bank employee, contact Wells Fargo before the holiday or check its official website for updated branch information.
Visit Wells Fargo to find a nearby branch and review available services.
Are U.S. Bank and TD Bank Open on Memorial Day?
Most U.S. Bank and TD Bank branches are also expected to close for Memorial Day.
The same general schedule applies to many other national and regional banks. However, individual institutions set their own branch hours, so customers should confirm their bank’s holiday schedule before making a trip.
Here is a quick overview:
| Bank | Memorial Day 2027 |
|---|---|
| Chase | Expected to be closed |
| Bank of America | Expected to be closed |
| Wells Fargo | Expected to be closed |
| U.S. Bank | Expected to be closed |
| TD Bank | Expected to be closed |
| PNC Bank | Check official holiday schedule |
| Capital One | Check official holiday schedule |
| Citibank | Check official holiday schedule |
These are expected holiday closures, not a guarantee of every individual location’s operating hours. Check your bank’s official announcements closer to May 31, 2027.
Are ATMs Open on Memorial Day?
Yes. Most ATMs remain available on Memorial Day.
Even when bank branches are closed, customers can generally use ATMs to access basic banking services.
Depending on your bank and the ATM, you may be able to:
- Withdraw cash
- Check your account balance
- Deposit cash or checks
- Transfer money between eligible accounts
- View recent transactions
Keep in mind that ATM deposits may not be processed immediately. Check deposit availability rules and your bank’s cutoff times, especially if you need the funds for an upcoming payment.
Some ATMs may also have temporary service interruptions or cash shortages, so it is sensible to withdraw the cash you need before the holiday.
Is Online Banking Available on Memorial Day?
Yes. Online and mobile banking services are generally available on Memorial Day.
Most banks allow customers to sign in through their websites or mobile apps even when physical branches are closed.
You can usually:
- Check balances and account activity
- Pay bills
- Review statements
- Manage cards
- Schedule eligible payments
- Transfer funds between accounts
However, a service being available online does not necessarily mean that a transaction will be fully processed or settled on the holiday.
For example, an online payment may be submitted on Memorial Day but not begin normal business-day processing until banks reopen.
Do Bank Transfers Go Through on Memorial Day?
It depends on the type of transfer.
Many standard bank-to-bank payments use the Automated Clearing House (ACH) network. ACH processing follows business-day schedules, and Memorial Day is not a normal ACH processing day.
As a result, an ACH transfer scheduled for Monday, May 31, 2027, may be delayed until the next processing day.
Here is what to expect:
ACH transfers: Standard ACH payments generally do not settle on Memorial Day. Processing resumes according to the next business-day schedule.
Wire transfers: Domestic bank wire services that depend on Federal Reserve payment systems generally do not process on the holiday.
Internal bank transfers: Transfers between accounts at the same bank may still be available, but posting times and availability depend on the bank’s rules.
Person-to-person payments: Some payment apps may allow you to send money, but delivery and settlement timing can depend on the service and the receiving bank.
If a payment is urgent, check its expected delivery date before submitting it over the holiday weekend.
Will Direct Deposit Come on Memorial Day 2027?
Direct deposits scheduled for Memorial Day may be affected by the bank holiday.
Many payroll deposits use ACH processing, which does not follow its regular schedule on Federal Reserve holidays. If your payday falls on Monday, May 31, your employer or payroll provider may send the payment earlier, or the deposit may arrive on the next business day.
The exact timing depends on your employer’s payroll schedule, the sending bank, and your financial institution’s policies.
If you are expecting a paycheck, benefit payment, or other direct deposit around Memorial Day, contact your employer or payment provider in advance.
Is the Stock Market Open on Memorial Day 2027?
No. The major U.S. stock markets are generally closed on Memorial Day.
The New York Stock Exchange (NYSE) and Nasdaq do not hold their regular trading sessions on the holiday. Investors should plan around the market’s holiday calendar when scheduling trades.
Although you may still be able to access your brokerage account or submit certain orders through an app, those orders may not execute until the market reopens.
Check the official NYSE trading calendar for the latest schedule.
When Will Banks Reopen After Memorial Day 2027?
Most banks are expected to reopen on Tuesday, June 1, 2027, following the Memorial Day holiday.
Regular branch services and payment processing should resume according to each institution’s normal schedule.
If you have a transfer, check deposit, wire, or other transaction delayed by the holiday, check your account activity after banks reopen.
Some transactions may take additional time depending on the bank, payment type, and submission time.
Why Are Banks Closed on Memorial Day?
Memorial Day is a federal holiday in the United States. It is observed on the last Monday in May to honor military personnel who died while serving in the U.S. Armed Forces.
The Federal Reserve System observes Memorial Day as a holiday, and its financial services follow a holiday schedule. Many banks close their branches and adjust payment processing accordingly.
Memorial Day 2027 falls on Monday, May 31. It is also part of the Memorial Day weekend, which begins on Saturday, May 29.
You can read our guide to what is open and closed on Memorial Day for information about stores, government offices, schools, and delivery services.
Frequently Asked Questions
Are all banks closed on Memorial Day?
Most traditional bank branches in the United States close on Memorial Day. However, individual financial institutions set their own schedules, so check with your bank before visiting.
Is Memorial Day a bank holiday in 2027?
Yes. Memorial Day is included in the Federal Reserve’s 2027 holiday schedule. It falls on Monday, May 31, 2027.
Are credit unions open on Memorial Day?
Most credit unions close their branches on Memorial Day because they generally follow the Federal Reserve holiday schedule. Check your credit union’s website for its specific hours.
Can I withdraw money on Memorial Day?
Yes. Most ATMs remain available during the holiday, allowing customers to withdraw cash, check balances, and use other supported services.
Can I deposit a check on Memorial Day?
You may be able to deposit a check using an ATM or mobile banking app. However, the deposit may not be processed until the next business day, and funds availability depends on your bank’s deposit policy.
Will my paycheck be deposited on Memorial Day?
A direct deposit scheduled for Memorial Day may arrive earlier or be delayed until the next business day. Contact your employer or payroll provider to confirm the expected payment date.
Is Chase closed on Memorial Day?
Chase branches are expected to close on Monday, May 31, 2027. Customers can generally continue using eligible online, mobile, and ATM services.
Is Bank of America closed on Memorial Day?
Yes. Bank of America financial centers are expected to close for Memorial Day. Online and mobile banking services are generally available.
Is Wells Fargo closed on Memorial Day?
Most Wells Fargo branches are expected to close on Memorial Day. Customers should check the bank’s official website for specific branch information.
Are banks open the day before Memorial Day?
Memorial Day 2027 falls on Monday, May 31. The preceding Friday, May 28, is not the Memorial Day federal holiday, so most banks are expected to follow their regular Friday schedules. Individual branch hours may vary.
Final Thoughts
Most banks in the United States will be closed on Memorial Day, Monday, May 31, 2027. This includes expected closures at major institutions such as Chase, Bank of America, Wells Fargo, U.S. Bank, and TD Bank.
Although branches will generally be unavailable, customers can usually access ATMs, online banking, and mobile apps. However, ACH transfers, direct deposits, and other payments may be delayed because of the holiday.
To avoid unnecessary delays, complete important transactions before the long weekend and confirm your bank’s official holiday schedule before visiting a branch.