Are Banks Closed on the Fourth of July?

Is July 3rd a bank holiday?

For the Federal Reserve, no. July 3 matters in years when July 4 falls on a Saturday, as it did in 2026. The two schedules then split:

• Federal government: a Saturday holiday is observed on the Friday before. OPM lists Friday, July 3, 2026 as Independence Day for federal employees, and 5 U.S.C. 6103 sets that Friday as the holiday for pay and leave of federal employees whose basic workweek is Monday to Friday.
• Federal Reserve: for holidays falling on a Saturday, “Federal Reserve Banks and Branches will be open the preceding Friday,” according to Federal Reserve Financial Services. The Fed’s own schedule notes that the Board of Governors in Washington was closed on July 3, 2026, while the Reserve Banks were not.

So were banks closed on July 3, 2026? The Reserve Banks were not: ACH payments and Fedwire transfers settled as on any weekday, and each bank decided its own branch hours. The FedACH holiday window that year began at 11:30 p.m. ET on July 3 and processing resumed at 5:30 p.m. ET on Sunday, July 5. The NYSE, on the other hand, was closed on July 3, 2026, according to its holiday calendar, and the Postal Service said post offices would be open with normal deliveries (USPS).

The same pattern does not repeat between 2027 and 2032: July 4 does not fall on a Saturday again in that range.

July 3, 2028 is a regular Monday business day. July 4, 2028 is a Tuesday, and the Reserve Banks close on the holiday itself. The NYSE closes early that Monday, at 1:00 p.m. ET.

July 5, 2027 and July 5, 2032: closed on Monday

When July 4 falls on a Sunday, the Federal Reserve and the federal government agree: both close the following Monday. That happens on Monday, July 5, 2027, listed by the Fed, OPM and the NYSE. It happens again on Monday, July 5, 2032; that date is calculated from the statutory rule, because the Federal Reserve has published its schedule through 2030.

Friday, July 2, 2027 is a normal business day. A payment or wire that misses that day’s cut-off waits until Tuesday, July 6, 2027, because Saturday, Sunday and Monday are all non-business days.

From 2028 to 2031, July 4 falls on a weekday and the Reserve Banks close on that day: Tuesday, July 4, 2028; Wednesday, July 4, 2029; Thursday, July 4, 2030; and Friday, July 4, 2031 (calculated). The Federal Reserve holidays page explains the weekend rules for every holiday.

What the Fourth of July bank holiday means for payments

On the day the Reserve Banks are closed for Independence Day:

• ACH and direct deposit: FedACH does not settle; payments scheduled for the holiday move to a business day before or after it. Since September 18, 2026, the Nacha Operating Rules require a regular ACH credit to be available by 9:00 a.m. the receiving bank’s local time on the settlement date. See direct deposit and ACH.
• Wires: the Fedwire Funds Service does not run on Federal Reserve holidays. Details on our wire transfers page.
• Checks: a deposit made on a day that is not a banking day for your bank may be treated as deposited on the next banking day under Regulation CC.
• ATMs, cards and mobile apps: run by banks and card networks, so a Federal Reserve holiday does not switch them off.
• FedNow: the FedNow Service has “a 24-hour business day each day of the week, including weekends and holidays,” so instant transfers can arrive if both banks offer the service.

Frequently asked questions

Do banks process transactions on the Fourth of July?

Card purchases, ATM withdrawals and transfers inside one bank can go through, depending on the bank. Payments between banks through ACH or Fedwire wait for the next business day. Posting of card transactions to your account depends on your bank’s processing schedule.

Will my direct deposit be early because of July 4?

In 2027, a Monday, July 5 payday cannot settle that day. An employer can pay on Friday, July 2 or Tuesday, July 6; the choice is the employer’s, not the Federal Reserve’s. A Friday payday on July 2, 2027 is not affected.

Why is July 3 a holiday for some people?

Federal law moves a Saturday holiday to the Friday before for federal employees on a Monday to Friday schedule. The Federal Reserve does not follow that rule: its Reserve Banks stay open on that Friday. For today’s status, see are banks open today.