|As a major annual holiday for Christians, Easter 2014 will be celebrated by as many as 80.3 percent of Americans according to a survey from the National Retail Federation.
While it is recognized by four out of five Americans, Easter is not a federal holiday, leaving many consumers wondering: will banks be open on Easter 2014?
Are Banks Open on Easter and Easter Monday 2014?
Though Easter isn’t a federal holiday, the event is always held on a Sunday, so most banks will be closed on Easter. Credit unions’ and banks’ hours are largely unaffected by this holiday, since these financial institutions are regularly closed on Saturdays and Sundays. Some banks that hold business hours on Sundays, such as select TD Bank locations, will be closing their doors for the holiday.
Easter Monday is the day after Easter Sunday, and is also not a federal holiday. So are banks open on Easter Monday? Unlike on Easter, most banks will be open on Easter Monday and observing their usual hours.
What are Easter and Easter Monday?
Easter Sunday is the day to commemorate Christ’s resurrection from death. According to biblical accounts, Jesus lay in his tomb for three days before rising from the dead on a Sunday.
Because of this, Easter is always held on a Sunday following Good Friday, which honors Christ’s crucifixion and death. The date for Easter changes between each year to coincide with the Jewish Passover. This year, Easter is on Sunday, April 20.
Often, Christians will observe this holiday by attending mass or other church services with Christ-centered teachings. The day might also include secular festivities like a shared Easter dinner, an Easter egg hunt or Easter basket exchange.
Easter Monday is the day after Easter Sunday, and while individuals might continue to celebrate on this day, it is not a federally-observed holiday. Easter Monday 2014 falls on Monday, April 21.
Most Services Will Be Closed for Easter Sunday
As with banks, many institutions are not open on Sundays. This means that public services like schools, local or federal government facilities, and post offices will be closed on Easter Sunday. The stock market will be closed on Easter as well. Other public services such as libraries that offer Sunday hours might still be closed to allow employees to observe the holiday.
Most retailers and companies that usually operate on Sundays, such as Walmart, will remain open for Easter — especially since many shoppers will be out looking for Easter Weekend deals. There are some, like Costco, that will be closed for Easter, so it is best to check your local store’s hours.
Expect Regular Hours on Easter Monday
Easter Monday is not a federal holiday, and unlike Easter Sunday, it is a weekday.
This means that most businesses and public services will maintain regular hours.
Though the stock market was closed on Good Friday, it will reopen on Easter Monday. Banks open on Easter Monday will include big banks like Bank of America, BB&T, Capital One, Chase, Citibank, PNC Bank, SunTrust, TD Bank, U.S. Bank and Wells Fargo, as well as many community banks and credit unions.