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Bank Holidays 2023
Bank Holidays 2023
The Federal Reserve Bank offices are closed on Saturdays and Sundays and the following 2023 bank holidays. For holidays falling on Sunday, the Federal Reserve Bank will be closed the following Monday.
HOLIDAY | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|
Veterans Day | Nov 11 | Nov 11 | ||
Washington's Birthday | Feb 21 | Feb 20 | ||
New Year's Day | Jan 1 | Jan 1 | ||
Independence Day | Jul 4 | Jul 4 | ||
Birthday Of Martin Luther King, Jr. | Jan 17 | Jan 16 | ||
Thanksgiving Day | Nov 24 | Nov 23 | ||
Labor Day | Sep 5 | Sep 4 | ||
Memorial Day | May 30 | May 29 | ||
Columbus Day | Oct 10 | Oct 9 | ||
Christmas Day | Dec 25 | Dec 25 |
2023 Bank holidays falling on Saturday, Banks and Branches will be open the preceding Friday.
For 2023 bank holidays falling on Sunday, Banks and Branches will be closed the following Monday.
What Is A Bank Holiday?
A bank holiday is a business day during which financial institutions are closed. Bank holidays are most relevant for physical branch locations because many online banking services continue to operate.
The dates are major federal holidays when most financial institutions—stock exchanges, brokerage firms, and traders—also take the day off. Although rare, bank holidays can also be declared to prevent bank runs.
What are the 2023 Bank Holidays?
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January 1 (New Year’s Day)
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January 16 (Martin Luther King Day)
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February 20 (Washington's Birthday)
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May 29 (Memorial Day)
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June 19 (Juneteenth)
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July 4 (Independence Day)
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September 4 (Labor Day)
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October 9 (Columbus Day)
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November 11 (Veteran’s Day)
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November 23 (Thanksgiving Day)
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December 25 (Christmas Day)
Bank Holiday 2023 Exceptions
Most online banking systems will still allow access by customers, even on bank holidays. Popular online banking services include deposits, withdrawals, transfers, and bill payments (essentially, the majority of the basic transactions that an individual or retail customer would need throughout the day). It's important to point out that while you can make deposits on a bank holiday, they won't get added to your account as they normally would until the next regular business day.