Labor Day has been a legal holiday across the U.S. since 1894. The day is celebrated to honor American workers.
This workers holiday was celebrated in New York City in 1882 for the first time. The holiday was welcomed since then as a day of relaxation to soak up the last bits of summer.
Banks on Labor Day
According to Hamodia, a Federal Reserve schedule is followed by financial institutions. While it is a holiday observed by the central bank, one can expect that most branches will be closed.
Wells Fargo will remain open during the holiday, though. Closing depends on location, so check with the local branch for particular holiday information. Almost all in-store branches of the U.S. Bank will be open during the worker’s holiday, but hours may be limited.
Banks like Bank of America, Citibank, HSBC Bank, People’s United Bank, First Niagara Bank, BB&T, BBVA Compass Bank, BMO Harris Bank, Chase Bank, and Capital One Bank will be closed on this particular day.
Shipping/delivery companies on Labor Day
Post and federal offices will be closed. This is applicable for USPS packages. Heavy reported that a federal holiday means that all federal offices are closed.
Shipping companies like Fedex and UPS will be closed as well. Fedex usually remains closed on holidays like Martin Luther King Jr. Day, Presidents Day, Columbus Day, and Veterans Day.
Subway Trains on Labor Day
On this particular holiday, the Metrorail system will initiate at 7 a.m. and close at midnight. The trains will function on a Sunday schedule. However, passengers are advised regarding the scheduled rebuilding of the Red, Orange, Silver and Blue lines.
According to the Washington Transit Area Authority, there will be off-peak fares in effect for the entire day. Parking will also be free at all Metrorail parking facilities.
The Metropolitan Transportation Authority reported that MTA services will function at reduced schedules on Monday, September 5. MTA New York City Transit subways will work on a Sunday schedule on Monday. So will the State Island Railway.