Are Banks Open on Columbus Day 2026?

It depends on your  bank. Columbus Day 2026 (Monday, October 12) is the most inconsistent U.S. bank holiday. Most major banks — including Bank of America, Wells Fargo, Citibank, and Capital One — close their branches. However, TD Bank and Chase keep their branches open. TD Bank operates on regular hours. Chase branches are open, but online transactions such as scheduled loan payments and instant deposits are treated as holiday transactions and may be delayed. The Federal Reserve and ACH network are closed regardless, so no money moves between banks.

Yes. TD Bank confirms on its official 2026 holiday schedule that branches are open on Indigenous Peoples' Day (Columbus Day), Monday, October 12. TD Bank is one of only two major U.S. banks that stay open on this holiday. Presidents' Day (February 16) is the only other federal holiday TD Bank remains open for.

Yes, Chase branches are open on Columbus Day 2026. However, Chase treats Monday, October 12 as a holiday for online transaction processing purposes. This means scheduled loan payments, instant deposits, and bank-to-bank transfers initiated on this day may not process until Tuesday, October 13. In-person transactions at the teller window work normally.

Yes — the NYSE and NASDAQ operate a full normal trading session (9:30 AM to 4:00 PM ET) on Columbus Day. This is unusual: most Federal Reserve holidays also close the stock exchanges, but Columbus Day is one of the exceptions. However, the bond market IS closed — SIFMA recommends a full-day closure for Treasuries, corporate bonds, and mortgage-backed securities. So equity traders work normally, but fixed-income desks are dark.

Columbus Day is the most contested holiday on the Federal Reserve calendar. While it is officially one of the 11 federal holidays that close the Fed and suspend ACH processing, it is treated unevenly by banks, employers, and states. Some banks stay open (TD Bank, Chase), the stock market trades normally (unlike Thanksgiving or Christmas), many private employers don't give the day off, and 17 states plus D.C. have renamed or replaced it with Indigenous Peoples' Day. This makes it the holiday where "are banks open?" genuinely depends on which bank you use.

If your regular payday is Monday, October 12, most employers will advance your direct deposit to Friday, October 9. If your payday is Tuesday, October 13, the deposit should arrive on time, but your employer needs to submit payroll one business day earlier than usual. The ACH network does not process transactions on Columbus Day regardless of whether your specific bank branch is open, because the Federal Reserve is closed.

No. Canada observes Thanksgiving on the second Monday of October (the same date), not Columbus Day. However, Canadian banks have their own holiday schedule. This means cross-border ACH between the U.S. and Canada may be affected in both directions — the U.S. side is closed for Columbus Day and the Canadian side may be closed for Thanksgiving.  Check with your bank for specific cross-border transfer timing.

As of 2026, 17 states and Washington, D.C. officially observe Indigenous Peoples' Day (or Native American Day) on the second Monday of October. States that replaced Columbus Day include Alaska, Hawaii, Maine, New Mexico, Oregon, South Dakota, and Vermont. Several other states observe both holidays on the same date. Importantly, the banking impact is identical regardless of the holiday name — the Federal Reserve closes and ACH pauses whether your state calls it Columbus Day or Indigenous Peoples' Day.

Yes. Even if your branch is closed, ATMs continue dispensing cash, mobile  banking apps work for balance checks and internal transfers, and bill payments can be scheduled (though settlement occurs Tuesday). If you need in-person service, TD Bank and Chase branches are open. For urgent transfers, FedNow and RTP instant payments operate 24/7/365 at participating banks, regardless of the  holiday.

No. Under the CARD Act (Regulation Z, §1026.10), if your credit card due date falls on a day the issuer does not accept payments — Monday, October 12 — then a payment received the next business day (Tuesday, October 13) is treated as on time. No late fee and no penalty APR will apply. Note: if your issuer is Chase or TD Bank and their branches are open, they may accept payments on the 12th anyway.