Are Banks Open on Labor Day 2020?

Find out which banks will be closed on Labor Day.

Labor Day 2020 falls on Sept. 7, and most banks will be closed. Financial institutions generally follow the Federal Reserve schedule and Labor Day is a holiday observed by the central bank.

If you need to take care of any banking needs then, plan ahead and check if your bank will be open on Labor Day.

Banks Closed on Labor Day 2020

Most banks will not be open on Labor Day, so plan accordingly by handling banking needs on Friday or earlier in the day on Saturday. Here are the banks that will definitely be closed:

How To Bank on Labor Day

While planning ahead is probably the best option for meeting your banking needs by Labor Day, options are still available if your local branch is closed:

Any other services available outside of its online banking options will be up to your financial institution. Check with your bank or credit union ahead of time to see what other services are obtainable when branches are closed.

Upcoming Bank Holidays in 2020

Most banks will be closed on these upcoming federal holidays in 2020, according to the Federal Reserve:

  • Oct. 12: Columbus Day
  • Nov. 11: Veterans Day (most banks)
  • Nov. 26: Thanksgiving Day
  • Dec. 25: Christmas Day

This article has been updated with additional reporting since its original publication.

Schedules are subject to change and may vary for individual branches.

Are Banks Open on Labor Day 2020?
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About the Author

Laura Woods

Laura is a writer with nearly 10 years of experience in marketing and personal finance. She is a Los Angeles-based writer specializing in personal finance, higher education, legal matters and marketing. She holds a Bachelor of Arts in Communications from the University of Pittsburgh and an MBA from Robert Morris University.

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