Juneteenth, occurring annually on June 19, is now a federal holiday, impacting many federal and state offices. It also means your bank is likely to be closed down for the day.

The holiday has been commemorated as America’s Second Independence Day, and several companies may be updating their hours of operation in honor of the federal holiday.

Why It Matters

Juneteenth commemorates the end of slavery in the United States. Celebrated annually on June 19, it marks the day in 1865 when the last enslaved African Americans in the U.S. were informed of their freedom, more than two years after the Emancipation Proclamation was issued.

Months later, in December, slavery was formally abolished via the 13th Amendment.

Juneteenth was officially recognized as a federal holiday in June 2021.

What To Know

Because Juneteenth is a federal holiday, many banks will be closed throughout the day. This includes major banking institutions such as:

  • Bank of America
  • Chase Bank
  • Truist
  • PNC Bank
  • Capital One
  • Citibank

The New York Stock Exchange also closes for federal holidays and will subsequently be closed on Juneteenth as well.

The U.S. Postal Service will also be suspended for the day, with no mail delivered. However, FedEx pickup and delivery services will remain operational, and FedEx offices will operate on a normal schedule.

Most retailers and restaurants, however, will remain open on Juneteenth. Those in need of groceries should expect their neighborhood Trader Joe’s, Whole Foods, Aldi, and Kroger stores to be open as usual.

Nearly 30 states also recognize Juneteenth as a state holiday, meaning state workers will also get the day off. Private companies have the discretion to decide whether they will give employees the day off or not.

CitiBank
A Citibank branch in Washington, D.C., as seen on May 31, 2025.
A Citibank branch in Washington, D.C., as seen on May 31, 2025.
Kevin Carter/Getty Images

What People Are Saying

Truist wrote on its website: “In general, Truist observes the Federal Reserve holiday schedule (some subsidiaries and affiliates observe a different holiday schedule).”

The Federal Reserve wrote on its website: “For holidays falling on Saturday, Federal Reserve Banks and Branches will be open the preceding Friday; however, the Board of Governors will be closed. For holidays falling on Sunday, all Federal Reserve offices will be closed the following Monday. See the Federal Reserve Banks Financial Services holiday page for additional details on the operations of the Federal Reserve Banks.”

What Happens Next

The next federal holiday is July 4, Independence Day. Banks will be closed on this day, as well.