Want to know which days banks will likely be closed? Here is a look at two 2009 bank holiday schedules; learn when Bank of America and BB&T will be closed for business in 2009.
Learn which days to expect no banking deposits and find out how these 2009 bank holidays match up with United States federal government holidays.
2009 Bank Holidays – Bank of America
Bank of America published a list of holidays the company will observe in 2009. The bank will be closed on these days:
- New Year's Day, Thursday, January 1
- Martin Luther King Jr. Day, Monday, January 19
- Presidents' Day, Monday, February 16
- Easter, Sunday, April 12
- Memorial Day, Monday, May 25
- Independence Day, Saturday, July 4
- Labor Day, Monday, September 7
- Columbus Day, Monday, October 12
- Veteran's Day, Wednesday, November 11
- Thanksgiving Day, Thursday, November 26
- Christmas Day, Friday, December 25
Days Banks Are Closed in United States – Banking Holiday Calendars Should Be Similar
Each bank will have its own holiday calendar, but the Bank of America example above should be representative of a typical banking holiday schedule, as it is one of the United States’ largest banks.
BB&T Holiday Schedule Similar to Bank of America Days Off
BB&T follows a similar holiday schedule to Bank of America. All of the holidays are the same except BB&T does not list Easter Sunday as a day off. This doesn’t make a difference to the average bank customer, as most banks typically do not open to the public on Sundays.
2009 Bank Holiday Schedules & Official U.S. Federal Government Closings
The Bank of America and BB&T holiday schedules closely match official 2009 government closings allowed by the United States Code (Title 5, Section 6103). The federal government observes the same holidays as Bank of America with two exceptions.
Easter Sunday is not a federal holiday. Inauguration Day, a unique federal holiday that comes around every four years, is not observed by Bank of America.
Related Information on 2009 Closings – When is the Stock Market Closed?
According to Suite101.com’s E-Commerce Feature Writer, Miranda Miller, the United States stock market observes most of the Bank of America holidays listed above. What are the differences? The stock market is not closed on Columbus Day and Veteran’s Day, and instead of Easter (which falls on a Sunday), the stock market closed for Good Friday, April 10, 2009.
On days when the stock market is closed, individuals can still open brokerage accounts with online stock investment companies like Scottrade. Read more about opening an account to take advantage of inexpensive stock trades in the article Cheap Online Stock Trading – Scottrade.com.
Related holiday articles:
Post Office Holidays 2010, U.S. Postal Closings
United States Federal Holidays in 2010
Resources:
2009 Stock Market Holidays by Miranda Miller. Retrieved from Suite101.com on September 1, 2009.
Bank of America website, bankofamerica.com
Cornell University Law School U.S. Code Collection
The 400 Biggest Banks and Their Troubled Loans. Retrieved from msnbc.com on September 4, 2009.
U.S. Office of Personnel Management
Lena Gott - Lena Gott is a Certified Public Accountant who gives practical financial advice to her readers.
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