In 2014, U.S. Bank observed all federal holidays. Some of the federal holidays observed included Thanksgiving Day, Christmas Day, New Years Day, Memorial Day and Labor Day.
In 2014, U.S. Bank honored all 10 federal holidays: six in the winter, one in the spring, two in the summer and one in the fall. On such holidays, customers still had access to online banking and ATM machines, but their deposits and transactions took an extra business day to process. If the holiday landed on a week day, it was still recognized as a non-business day.
Moreover, if a federal holiday lands on a Saturday, U.S. Bank closes on Friday. Additionally, if a federal holiday lands on a Sunday, U.S. Bank remains closed until Monday. Federal employees are given the day off on federal holidays as well.
Historically, federal holidays weren't recognized until the late 1800s. On June 24, 1870 Congress passed H.R. 2224, which established the Fourth of July, Christmas Day, Thanksgiving Day and New Year's Day as federal holidays. Even though these holidays are widely celebrated across the United States and the District of Columbia, the U.S. Government cannot legally mandate anyone to celebrate these holidays. Federal holiday observances only legally apply to federal employees and the District of Columbia.