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In addition to New Year’s Day, Martin Luther King Jr. Day is another January holiday, the same as Inauguration Day. Here is a list of federal holidays for 2025, according to OPM: Jan. 1: New Yesterday was Christmas Day, and we know that banks and many big retailers were closed.That also means we're less than a week away from 2025. Wednesday, January 1, is New Year's Day, and it's Full List of US Federal Holidays in 2025. New Year's Day – Wednesday, January 1. A time to celebrate new beginnings and welcome the new year alone or with friends and family. Presidents' Day Although many stores are closed on the federal holiday of New Year's Day, the same isn't the case for New Year's Eve, which for 2024 falls on Tuesday, Dec. 31. And while most retailers are open on As 2024 comes to a close, many people are taking time off for the holidays, including Christmas Eve, Christmas Day, Hanukkah, New Year’s Eve, New Year’s Day and more. By law, five of the 11 Federal Reserve holidays — Martin Luther King Jr. Day, Washington's Birthday, Memorial Day, Labor Day and Columbus Day — take place on a Monday, and Thanksgiving is always on a Thursday. The remaining holidays occur on fixed dates and periodically fall on a weekend (although that won’t be the case for any in 2025). According to the U.S. Office of Personnel Management, New Year's Day is considered to be one of 11 federal holidays throughout the year, while New Year's Eve is not classified as a federal holiday. Below is the holiday schedule observed by the Federal Reserve System. *For holidays falling on Saturday, Federal Reserve banks and branches will be open the preceding Friday; however, the Board of Governors will be closed. **For holidays falling on Sunday, all Federal Reserve offices will be closed the following Monday. For holidays falling on Sunday, most bank offices will be closed the following Monday. For holidays falling on Saturday, most of the bank branches will be open the preceding Friday. Check bank holidays in US. New Year’s Day is a Federal Reserve bank holiday, so most banks will be closed Jan. 1, 2024. Keep in mind, however, that many financial institutions have online and mobile banking options that you’ll still be able to access — even if your local branch is closed. New Year’s Eve (December 31, 2024) New Year’s Day (January 1, 2025) Development Bank of the Philippines (DBP) DBP branches will be closed on the following dates in line with Proclamation Nos. 368, s. 2023, and 727, s. 2024: December 30, 2024 (Monday) – Rizal Day; December 31, 2024 (Tuesday) – Last Day of the Year; January 1, 2025 Christmas Day 2024: Wednesday, January 1 (observed) New Year’s Day: Monday, January 20: Birthday of Martin Luther King, Jr. (MLK Day) Monday, February 17: Washington’s Birthday (President’s Day) Monday, May 26: Memorial Day: Thursday, June 19th: Juneteenth National Independence Day: Friday, July 4: Independence Day: Monday, September 1 December has just one federal holiday: Christmas Day. This is the only federal holiday with any religious affiliation and therefore has been contentious. In years when January 1st (New Year's Day) is on a Saturday, the holiday is observed on the preceding day (December 31st). As a result, December 2021 will have two federal holidays. Bank Holiday: While banks may be closed on New Year’s Day, online banking services through websites and mobile apps will remain fully operational Source : ABPLIVE AI As we approach the beginning of the new year, there is a lot of confusion among people if banks will remain open on January 1, 2025, in the wake of New Year’s Day. January has several holidays, including the festive, regional, and national holidays. All banks (public and private) will observe holidays on two Saturdays and four Sundays in the first month of the new year. However, it should be noted that bank holiday schedules vary by state, so it’s always best to check-in with your local branch. Despite being private entities, banks' opening hours will be affected by New Year's Day, one of 11 federal holidays. Robert Galbraith REUTERS New Year’s Day, traditionally a day of significant celebration and festivity, was officially recognised as a bank holiday. This recognition not only aligned these regions with Scotland, which had already been observing this day as a public holiday, but also elevated the day’s status, embedding it more deeply into the cultural fabric of the In a year in which it does not occur on 1 January, it can be referred to (as for all such dates in lieu) in various ways, such as "Monday bank holiday instead of New Year's Day". In many British diary series, it may be marked "New Year's Day holiday" with or without "(in lieu)" afterwards. Falls on 1 January in 2024. 17/18/19 March: Saint A bank holiday is a national public holiday in the United Kingdom and the Crown Dependencies, New Year's Day: 2 January [note 1] 2 January: It may seem like an ancient tradition, but the idea of today being a holiday is comparatively new -- in fact it is just 40 years old. Today marks the 40th anniversary of the first Bank Holiday for New Year's Day.
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