Is Flagstar Bank Open on Labor Day?

Post Last Updated: February 28, 2019

Is Flagstar Bank open on Labor Day? No, Flagstar Bank is not open on Labor Day.

Even though that the branches aren’t open, the ATMs and website for Flagstar Bank are still available for you to use your money.

To learn more about the hours and locations of Flagstar Bank, you can visit their website here: https://www.flagstar.com/.

Why Banks and Credit Unions are Closed on Federal Holidays

Throughout the year, there are 11 federal holidays and, on these holidays, banks and credit unions are closed.

This is because the Federal Reserve is closed. The Federal Reserve helps banks and credit unions perform various services such as ACH transactions and wire transfers.

Since the Federal Reserve is closed because it is a government entity, these financial institutions cannot perform their services and are closed as well.

Which Days are Federal Holidays in the United States?

Below are a list of all of the federal holidays observed in the United States:

  • New Year’s Day
  • Martin Luther King Day
  • President’s Day
  • Memorial Day
  • Juneteenth
  • 4th of July
  • Labor Day
  • Columbus Day
  • Veterans Day
  • Thanksgiving
  • Christmas Day

As mentioned above, on these federal holidays, banks, credit unions and government entities will be closed.

Hopefully this article has been helpful to you to learn about if Flagstar Bank is closed or open on Labor Day.