There is just one federal holiday in October: Columbus Day. Columbus day is on the second Monday of October which falls between October 8th and October 14th. this holiday is instead used to celebrate Indigenous Peoples.
President Franklin Delano Roosevelt designated Columbus Day (then celebrated October 12 ) a national holiday in 1934. Since 1971, when Columbus Day was designated the second Monday in October, it has been celebrated as a federal holiday. In many locations across the country Americans hold parades to commemorate the day.
Are Banks Closed on Columbus Day 2019? Most — but not all — banks are closed on Columbus Day. Branch locations of banks like First Citizens Bank, Wells Fargo, U.S. Bank, and Peoples United Bank are all closed on Monday, October 14, to cite a few examples.
United States Postal Service offices will be closed. Are banks open on Columbus Day? The only major bank chain planning to remain open is TD Bank.
As a rule, banks and financial organizations close for federal holidays aligning with the Federal Reserve. For example, the Bank of America will close for Columbus Day to observe the holiday. Its website explains that its financial centers will close. ATMs should still be operational.
Columbus Day is one of ten federal holidays recognized nationwide by the United States Government. All non-essential federal government offices are closed on Columbus Day, and all federal employees are paid even if they receive the day off.
In 2020, the federal holidays fall on the following dates: Wednesday, January 1 – New Year’s Day. Monday, January 20 – Birthday of Martin Luther King, Jr. Monday, February 17 – Washington’s Birthday. Monday, May 25 – Memorial Day.
According to the Federal Reserve, U.S. banks will be closed on the following holidays in 2019 and 2020: Independence Day – Saturday, July 4, 2020. Labor Day – Monday, September 7, 2020. Columbus Day – Monday, Oct.
— Most banks will be closed, although ATMs are always available if you need to deposit a check or get some cash. — The US Postal Service will not deliver mail on Monday, and US post offices are closed as well. — Some museums are open on Columbus Day, while others aren’t.
Chase Holidays 2020: * For holidays falling on Saturday, most of the bank branches will be open the preceding Friday. In 2020, Independence Day (July 4th) falls on Saturday. Chase Bank Holiday Hours Schedule 2020.
|Chase Bank Holidays 2020||Date||Day|
|Labor Day||September 7, 2020||Monday|
|Columbus Day||October 12, 2020||Monday|
Holidays & events 2020 holidays. Wednesday. November 11. Veterans Day. Thursday. November 26. Thanksgiving Day. Friday. December 25. Christmas Day. 2021 holidays. Friday. January 1. New Year’s Day. Monday. January 18. Martin Luther King Jr. birthday. Monday. February 15. Presidents’ Day. Monday. May 31. Memorial Day. Monday. July 5*
If you need to visit your bank on July 3, you’re probably in luck. Because the Friday before Independence Day is not a bank holiday, most institutions will conduct business as usual.
As well as Labor Day 2020, banks generally close on other federal holidays, like New Year’s Day, Martin Luther King, Jr. Day, President’s Day, Easter Sunday, Memorial Day, Independence Day, Columbus Day, Veterans Day, Thanksgiving Day, and Christmas Day.