February Bank Holidays in the US: Only Presidents' Day Is Federal

Federal Bank Holidays in February: Just One

In the United States, there is **only one federal bank holiday in February**:

• Presidents’ Day (Washington’s Birthday) — **Third Monday in February** (Feb 15–21).

The source’s mention of “five official federal bank holidays in February” and “Bank Presidents are required to report...” is **incorrect**. There are **11 federal holidays** total; only one falls in February.

State/Local Variations

• Some states observe **Lincoln’s Birthday** (Feb 12) — e.g., NY, IL, CT, MO (but not federal).
• **Daisy Gatson Bates Day** (AR, 3rd Mon Feb).
• **Susan B. Anthony Day** (FL, WI, 2nd Mon Feb) — not universal.

Banking-Specific

Banks follow the **Federal Reserve holiday schedule**. On Presidents’ Day, Fed is closed → no wire transfers (Fedwire), ACH settlement delayed. Branches may open (retail decision), but “bank holiday” = Fed closed.

**Bottom line:** Only **Presidents’ Day** is a federal bank holiday in February. The “five” claim is false.