Are Banks Open Or Closed On Labor Day 2024? When Is Labor Day?
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| Credit: Wells Fargo |
MIAMI, Florida - Labor Day, a day dedicated to recognizing the many contributions workers have made to America’s strength, prosperity, and well-being, is observed on the first Monday of September.
When Is Labor Day 2024?
In 2024, Labor Day falls on Monday, September 2.
Is Labor Day A Federal Holiday?
Labor Day is a federal holiday in the United States that is observed on the first Monday of September.
On June 28, 1894, Congress passed an act making the first Monday in September of each year a legal holiday, according to the U.S. Department of Labor.
Are Banks Open Or Closed On Labor Day 2024?
Most banks will be closed on Labor Day because it is a federal holiday and the Federal Reserve Bank is closed on Labor Day.
Labor Day Bank Deposits
Because Labor Day is a federal holiday, this can delay when bank deposits are credited to your account, depending on your bank’s holiday deposit schedule. This includes deposits made by customers, payroll deposits, and other direct deposits such as Supplemental Security Income (SSI) deposits that may not be credited to some bank accounts until Tuesday, September 3, 2024, or later.
List of Banks Closed On Labor Day 2024
Most banks will be closed on Labor Day, Monday, September 2, 2024, including Ally Bank, Bank of America, Capital One, Chase Bank, Citibank, Fifth Third Bank, HSBC, Huntington National Bank, PNC Bank, Regions Bank, SunTrust Bank, TD Bank, and Wells Fargo.
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