Wait, Are Banks Open on Labor Day?

Alani Vargas
·2 min read

Labor Day always provides a nice few days to celebrate the end of summer, the beginning of a new school year and just enjoy another three-day weekend. We celebrate Labor Day—on Monday, September 4, 2023—to honor and recognize all of the work that people do every day. From postal workers to construction workers to customer service workers, Labor Day is about honoring the work people do to keep the country running. It’s a good time to remember that labor rights exist for a reason; workers are humans and deserve proper working conditions and compensation.

With that extra weekend day coming up, though, you might be out and about and want to stop into your bank at some point. But are banks open on Labor Day? Even though it’s a day honoring workers, not every business is closed for the holiday.

Related: Where the Rule ‘You Can’t Wear White After Labor Day’ Came From (And if It Still Applies)

Are Banks Open on Labor Day?

As MarketWatch has reported, Labor Day is known as a federal holiday or a bank holiday, meaning that no, banks are not open on Labor Day—Monday, September 4, 2023. But they do note that you can still use automated systems like ATMs to withdraw cash or deposit checks and/or cash. And, of course, anything you need to do within your accounts on your bank’s app should still be accessible too. If you’re unsure about your specific bank, though, or confused about the capabilities available to you on Labor Day, call your bank before the holiday to check.

Related: 35 Uplifting Quotes To Celebrate a Happy Labor Day

What Other Days Are Banks Closed in 2023?

Federal holidays are often known as bank holidays because these holidays are ones that banks close for. As the Federal Reserve Bank Services website notes, the Federal Reserve System has a standard holiday schedule for when banks are closed.

While some of the bank holidays have passed already, here are the rest of the federal holidays in 2023 (keeping in mind that some holidays that fall on a weekend may impact bank hours on the preceding Friday or the following Monday):

  • Indigenous People’s Day/Columbus Day, Oct. 9

  • Veterans Day, Nov. 11

  • Thanksgiving Day, Nov. 23

  • Christmas Day, Dec. 25

Federal holidays in 2024 include:

  • New Year’s Day, Jan. 1, 2024

  • Martin Luther King Jr. Day, Jan. 15, 2024

  • President’s Day, Feb. 19, 2024

  • Memorial Day, May 27, 2024

  • Juneteenth National Independence Day, June 19, 2024

  • Independence Day, July 4, 2024 

  • Labor Day, Sept. 2, 2024

  • Indigenous People’s Day/Columbus Day, Oct. 14, 2024

  • Veterans Day, Nov. 11, 2024

  • Thanksgiving Day, Nov. 28, 2024

  • Christmas Day, Dec. 25, 2024

Next up, read about what other holidays and observances are happening in September.

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