Are Banks Open on Martin Luther King Jr. Day?
Martin Luther King Jr. Day 2027: Monday, January 18, 2027
No
Banks are closed on Martin Luther King Jr. Day.
Banks are closed on Monday, January 18, 2027.
What's open and closed on Martin Luther King Jr. Day 2027
| Bank branches | Closed Mon, Jan 18 |
|---|---|
| Federal Reserve, ACH and wires | Closed, transfers wait until the next business day |
| ATMs, mobile and online banking | Open |
| Stock market (NYSE, Nasdaq) | Closed |
| Post office (USPS) | Closed, no mail delivery |
Are banks closed on Martin Luther King Jr. Day?
Chase, Bank of America, Wells Fargo, Citi, U.S. Bank, PNC, Truist and most credit unions close their branches. Because the Federal Reserve is closed, ACH and wire transfers do not process.
About Martin Luther King Jr. Day
Martin Luther King Jr. Day is observed on the third Monday of January, honoring the civil rights leader born on January 15, 1929. It has been a federal holiday since 1986 and is on the Federal Reserve holiday schedule.
Tips
- Paychecks due on MLK Day usually arrive the business day before or after, depending on your employer.
- Use the ATM or mobile app for cash and deposits.
Martin Luther King Jr. Day dates and bank status, 2026–2029
| Year | Date | Banks |
|---|---|---|
| 2026 | Monday, January 19 | Closed Mon, Jan 19 |
| 2027 | Monday, January 18 | Closed Mon, Jan 18 |
| 2028 | Monday, January 17 | Closed Mon, Jan 17 |
| 2029 | Monday, January 15 | Closed Mon, Jan 15 |
Frequently asked questions
Are banks open on Martin Luther King Jr. Day?
Banks are closed on Martin Luther King Jr. Day. Banks are closed on Monday, January 18, 2027.
Are banks closed on Martin Luther King Jr. Day 2027?
Banks are closed on Monday, January 18, 2027.
Is the stock market open on Martin Luther King Jr. Day?
The NYSE and Nasdaq are closed on Martin Luther King Jr. Day 2027.
Is the post office open on Martin Luther King Jr. Day?
USPS post offices are closed, no mail delivery on Martin Luther King Jr. Day 2027.
Will my direct deposit arrive on Martin Luther King Jr. Day?
No ACH payments settle on Martin Luther King Jr. Day because the Federal Reserve is closed. Many employers send pay the business day before; otherwise it arrives the next business day.
Next bank holidays
- Veterans DayWed, Nov 11, 2026
- ThanksgivingThu, Nov 26, 2026
- Christmas DayFri, Dec 25, 2026
- New Year's DayFri, Jan 1, 2027