Are the banks closed columbus day

On Monday, 12 October 2026, the United States observes Columbus Day, which is designated as a federal holiday. Consequently, the Federal Reserve System and its regional branches are closed, meaning that standard interbank electronic fund transfers and check processing services are suspended for the day. Most major commercial banks across the country follow the Federal Reserve schedule and have closed their physical branch locations to customers. While retail banking lobbies are shuttered, most financial institutions continue to provide access to automated teller machines (ATMs) and online banking platforms for routine transactions such as balance inquiries, mobile check deposits, and internal transfers. However, customers should be aware that any transactions initiated on this holiday, including wire transfers or bill payments, will likely not be processed until the next business day, Tuesday, 13 October 2026. Financial experts advise individuals with urgent banking needs to plan ahead, as customer service call centers for many banks may also be operating with limited staff or remain entirely closed throughout the holiday.