"U.S. Bank Holidays - 2021"

Bank Holidays – 2021 Calendar

Banks are usually closed on holidays designated by the U.S. Federal Reserve System. Therefore, it is important to know the dates of these holidays, and what day they fall on. In this post, we will provide you the complete list of Federal Reserve Bank Holidays for 2021.

Additionally, for your convenience, we will provide the list of Federal Reserve Bank Holidays for 2021 – 2025.

Also, we will discuss what you can do if your bank branch is closed due to a bank holiday.

Finally, we will list three other factors to consider about bank holidays.

"Bank Holidays"

This post will cover:

  • Standard Federal Reserve Bank Holidays – 2021
  • Standard Federal Reserve Bank Holidays – 2021 – 2025
  • My Bank is Closed on a Holiday, What Can I do?
  • Other Factors to consider regarding Bank Holidays

Standard Federal Reserve Bank Holidays Schedule – 2021

Here are the 2021 Federal Reserve Bank Holiday Schedule

New Year’s Day
Friday, January 1

Martin Luther King Jr. Day
Monday, January 18

President’s Day
Monday, February 15

Memorial Day
Monday, May 31

Independence Day
Monday, July 5 (Observed)

Labor Day
Monday, September 6

Columbus Day*
Monday, October 11

Veterans Day
Thursday, November 11

Thanksgiving Day
Thursday, November 25

Christmas Day
Saturday, December 25

Standard Federal Reserve Bank Holidays Schedule – 2021 – 2025

Here is a complete list of the Standard Federal Reserve bank holidays for 2021 – 2025.

Holiday* 2021 2022 2023 2024 2025
New Year’s Day January 1 January 1* January 1* January 1 January 1
Martin Luther King Jr. Day January 18 January 17 January 16 January 15 January 20
Presidents Day February 15 February 21 February 20 February 19 February 17
Memorial Day May 31 May 30 May 29 May 27 May 26
Independence Day July 4* July 4 July 4 July 4 July 4
Labor Day September 6 September 5 September 4 September 2 September 1
Columbus Day October 11 October 10 October 9 October 14 October 13
Veterans Day November 11 November 11 November 11* November 11 November 11
Thanksgiving Day November 25 November 24 November 23 November 28 November 27
Christmas Day December 25* December 25* December 25 December 25 December 25

*For holidays falling on Saturday, Federal Reserve Banks and Branches will be open the preceding Friday. For holidays falling on Sunday, all Federal Reserve Banks and Branches will be closed the following Monday.  Source – Federal Reserve.

My Bank is Closed on a Holiday, What Can I do?

Even if the brick-and-mortar branches are closed due to a holiday ATMs should be accessible.

Additionally, online and digital banking should remain open.

However, regardless of what America is celebrating that day, you still can transact routine banking business via your bank’s or credit union’s website or mobile app.

Furthermore, if you have an online account, you can:

  • check balances
  • pay bills
  • move money between accounts
  • deposit checks

Also, your bank may offer additional digital services; check its website for information.

COVID-19 Bank Closures and Hours

Another factor to keep in mind during the coronavirus pandemic is that many banks are restricting branch access even on regular business days.

Also, some bank branch locations have been temporarily closed.

Additionally, others may have limited hours, closed lobbies, or appointment-only service.

Therefore, before you head to the bank branch, check on your bank’s website or call your local branch to find out about its operations.

Here are some other things to know about banking, or not banking, on holidays.

Other Factors to consider regarding Bank Holidays

Here are three other important factors to consider regarding bank holidays, according to the AARP.

Transaction Processing may take longer

The banking business you do online on a holiday will not start processing until the next business day.

Similarly, you should not include the holiday when trying to estimate when a transaction will be processed.

For example, if it usually takes three business days for a check deposit to clear or for a payment to process, the holiday won’t count toward those days.

The day of the week the Bank Holiday Falls on Matters

By law, five of the 10 Federal Reserve holidays — Martin Luther King Jr. Day; Washington’s Birthday, or Presidents’ Day; Memorial Day; Labor Day; and Columbus Day — always take place on a Monday.

The rest occur on fixed dates and periodically fall on a Sunday.

If a Federal Bank holiday falls on a Sunday, it is observed on the following Monday.

However, if a Federal Bank holiday falls on a Saturday, the Fed does not observe it on the Friday before. Which means banks will be open that Friday.

There may be Additional Bank Holidays by states

Some states have distinct holidays of their own or observe holidays that are not on the federal calendar.

This includes Good Friday, the day after Thanksgiving or Christmas Eve.

Therefore bank branches in your state might close or operate with shorter hours on those days.

Bank Holidays Summary

We hope this post on Bank Holidays was helpful.

If you have further questions about Bank Holidays or Banking in general, please let us know in the comments section below.

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