Is Columbus Day A Bank Holiday?

One of the most frequently searched questions on the internet is- Is Columbus Day 2022 a Bank Holiday?

And, we are going to reveal this information to you along with other details that you should know.

But did you know according to Pew Research Centre, only 29 states in the U.S. give Columbus day as paid off to workers?

Keep reading if you want to know if Columbus day is a Bank holiday or not. So let us get started!

Is-Columbus-Day-2022-A-Bank-Holiday

Is Columbus Day 2022 A Bank Holiday?

Yes, the majority of the banks remain closed on Columbus day 2022 because it is a federal holiday.

The Federal government has set 10 more days which are bank holidays. We advise you to call your bank before you decide to set out.

Some banks’ call centers may remain available, so there is no harm in confirming the same with your bank.

You can still go to the ATM to withdraw money, and you can even do online transactions and check your account status, etc.

Depending on your bank, most of the brick-and-mortar locations would definitely be closed on Columbus day, though.

((https://www.bankingfnb.com/holidays.php))

Read: Is Columbus Day A Bank Holiday?


Why Is Columbus Day 2022 A Bank Holiday?

In the year 1937, President Franklin D. Roosevelt announced that every second Monday of October would be celebrated as Columbus day and would be a Federal holiday.

This was done to honor the very famous Italian explorer Christopher Columbus who was back then trying to find a route that would lead him to Asia, but on his journey, he accidentally landed in the Bahamas and ended up becoming the first European to discover America.

Columbus day is also celebrated in Italy, Spain, and Puerto Rico, among a few others and some people also call it as Indigenous People’s day.

((https://www.frbservices.org/about/holiday-schedules))


Conclusion

In this article on is Columbus Day 2022, a Bank Holiday, we saw that banks remain closed on Columbus day.

And there are, infact, 10 more festivals that are designated as holidays by the federal government. We hope you found the information that you were looking for.

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