Bank Holidays 2038
Updated June 9, 2026
2038 has 11 US bank holidays — the federal holidays when the Federal Reserve, banks, and credit unions are closed.
On these days, branches and the Fed close, but ATMs, debit cards, and online banking keep working.
In the United States, the term "bank holidays" refers to the federal holidays recognized by the Federal Reserve. On these dates, the Fed's payment systems pause and most bank branches close, so check deposits, wire transfers, and ACH payments are delayed until the next business day. Below is the full 2038 bank holiday schedule with dates and observed days.
2038 Bank Holiday Schedule
| Bank Holiday | Date | Day | Observed (if on weekend) |
|---|---|---|---|
| New Year's Day | January 1, 2038 | Friday | — |
| Martin Luther King Jr. Day | January 18, 2038 | Monday | — |
| Presidents Day | February 15, 2038 | Monday | — |
| Memorial Day | May 31, 2038 | Monday | — |
| Juneteenth | June 19, 2038 | Saturday | Observed Fri, June 18 |
| Independence Day | July 4, 2038 | Sunday | Observed Mon, July 5 |
| Labor Day | September 6, 2038 | Monday | — |
| Columbus Day | October 11, 2038 | Monday | — |
| Veterans Day | November 11, 2038 | Thursday | — |
| Thanksgiving | November 25, 2038 | Thursday | — |
| Christmas Day | December 25, 2038 | Saturday | Observed Fri, December 24 |
🏦 What Closes
- The Federal Reserve and its payment systems
- Most bank and credit-union branches
- The bond market (SIFMA recommendation)
- Federal offices and the U.S. Postal Service
✅ What Still Works
- ATMs and debit/credit cards
- Online and mobile banking apps
- Existing scheduled transfers (processed next business day)
- Most stores, restaurants, and online shopping
💡 Good to Know
Why do banks follow federal holidays?
Banks rely on the Federal Reserve to settle transactions. When the Fed is closed, interbank transfers cannot settle, so banks observe the same calendar. When a fixed-date holiday falls on a Saturday it is generally observed the Friday before; on a Sunday, the following Monday.
Will my direct deposit arrive on a bank holiday?
No. Deposits and transfers scheduled for a bank holiday post on the next business day. Plan bill payments ahead of long holiday weekends to avoid late fees.