Regulatory Alerts2024-09-05
Bank Holiday Letter 2025
The Pennsylvania Department of Banking and Securities issued this letter to provide state-chartered banking and trust institutions with the official list of 2025 legal bank holidays. The document distinguishes between fixed holidays, which must be observed, and optional holidays, which institutions may choose to recognize. It further clarifies that while fixed holidays falling on weekends shift to Monday, Flag Day on June 14, 2025, remains a Saturday observation with no alternate day provision.
COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF BANKING AND SECURITIES WENDY SPICHER – SECRETARY Market Square Plaza | 17 N. Second Street, Suite 1300 | Harrisburg, PA 17101-2290 | 717.787.5783 | F 717.214.0808 | pa.gov/en/agencies/dobs September 5, 2024 To: Chief Executive Officers of Pennsylvania State Chartered Banking and Trust Institutions To assist your institution in preparation of a schedule of holidays, below is a list of 2025 legal bank holidays as extracted from Section 113 of the Banking Code of 1965, as amended: Fixed Holidays Optional Holidays January 1 – New Year’s Day February 12 – Lincoln’s Birthday January 20 – Dr. Martin Luther King, Jr. Day February 17 – Washington’s Birthday May 26 – Memorial Day April 18 – Good Friday June 19 – Juneteenth Day June 14 – Flag Day July 4 – Independence Day October 13 – Columbus Day September 1 – Labor Day November 4 – Election Day November 27 – Thanksgiving Day November 11 – Veterans’ Day December 25 – Christmas Day When a fixed holiday falls on a Sunday, it shall be observed on the following Monday; when it falls on a Saturday, it may also be observed on the following Monday. Flag Day, June 14, falls on a Saturday in 2025. As an optional holiday, there is no provision in the Banking Code to observe Flag Day on an alternate day. Sincerely, /s/ Wendy Spicher