Is Columbus Day A Bank Holiday? What To Know
Is Columbus Day a bank holiday? This is a common question as many people get the day off work or school. Here's what you need to know.
Is Columbus Day a Federal Holiday?
Yes, Columbus Day is a federal holiday in the United States. It commemorates the arrival of Christopher Columbus in the Americas on October 12, 1492. The holiday is observed on the second Monday of October each year.
Is Columbus Day a Bank Holiday?
Whether or not Columbus Day is a bank holiday depends on the type of bank. Most private banks do not close for Columbus Day, but many government-run or affiliated banks and credit unions do. The Federal Reserve Bank does not close. Contact your bank to ask whether they are closed.
What Businesses Close on Columbus Day?
Many federal and state government offices are closed on Columbus Day, as are courts and libraries. Schools and universities may also be closed, but this varies by location. Most private businesses remain open.
Alternatives to Columbus Day
In recent years, some states and cities have chosen to celebrate Indigenous Peoples' Day instead of or in addition to Columbus Day. This holiday honors the history and contributions of Native Americans. Some institutions may be closed for Indigenous Peoples' Day rather than Columbus Day. For example, Seattle, WA, celebrates Indigenous Peoples' Day. https://www.seattle.gov/
Columbus Day Celebrations
Despite the controversy surrounding it, Columbus Day is still celebrated in many parts of the United States. Celebrations often include parades, festivals, and other cultural events. Some people also use the day as an opportunity to learn more about Italian-American history and culture.
Call to Action
Check with your local bank and government offices to see if they are closed on Columbus Day.