In 1882, Peter Maguire…or maybe, some say, his brother Matthew…came up with the idea of honoring the American worker. The labor movement was beginning to pick up steam and the idea was promoted by the Central Labor Union and the Knights of Labor. Labor Day became a national holiday in 1894.
Today, Labor Unions are characterized as either evil incarnate or as the only protection afforded to the American working person. Regardless of your point of view, the union movement began as a way to outlaw child labor, obtain livable wages and to ensure endurable working hours. So, even though it’s been co-opted into a giant “end of summer sale” on just about everything, Labor Day began as a way to celebrate American working men and women.
We’re closed that day, Monday, September 4. If you work, or worked…this day’s for you.
Teller 24e, the Mobile Branch, ATMs and Account Audio Access are all available 24/7, so, if you need to access your accounts or make a transaction, you’re covered. Remember though, the Federal Reserve is closed on Labor Day, so nothing will post until Tuesday, September 5th.
If any man tells you he loves America, yet hates labor, he is a liar. If any man tells you he trusts America, yet fears labor, he is a fool.