February 18 – Washington's Birthday, spoken by the Day of Presidents, is an annual federal holiday that takes place on the third Monday of the month, celebrating the life of George Washington, the first head of state of the United States, as well as former presidents, like Abraham Lincoln.
Although they are not obliged, most private banks are usually closed on federal holidays because the Federal Reserve System – the government agency they rely on for most of their activities – will not be work. This can be a pain if you urgently need access to certain financial services that are not available on the Internet.
However, if you are a customer of TD Bank, you will be glad to hear that the company has announced that on Monday the branches will be open with regular business hours ̵
TD Bank is also open on two other federal holidays in 2019 – Columbus Day (October 14th) and Veterans Day (November 11th).
Unfortunately, the bank based in Toronto is an exception to this trend. Below is a list of banks that will be closed on Presidents' Day, according to GOBankingRates.
While most of the bank branches will be closed, many companies will still leave their customer service centers open if there are problems that need to be disassembled. In addition, online transactions should work, in most cases, although keep in mind that some can not be processed immediately. In the meantime, you will still be able to withdraw money from most ATMs on Monday.