No, you do not need to request permission from the IDFPR to remain closed on June 20, 2022. The IDFPR has issued a statewide proclamation authorizing state-chartered institutions to remain closed on June 20, 2022, if they choose to do so.

This year, the Federal Reserve System will recognize Juneteenth National Independence Day on Monday, June 20, 2022, since June 19 falls on a Sunday. However, the Illinois Promissory Note and Bank Holiday Act provides that when Illinois’s Juneteenth National Freedom Day falls on a Sunday, the following Monday will not “be held and considered” a holiday. Hence the need for the IDFPR’s proclamation, which allows state-chartered institution closures on June 20, 2022, in observance of Juneteenth.

For resources related to our guidance, please see:

• IDFPR, Proclamation (June 9, 2022) (“[P]ursuant to Section 2 of the Banking Emergencies Act [205 ILCS 610/2], the Division of Banking hereby authorizes state chartered banks, savings banks, trust companies and savings associations, and branches thereof, to close any and all offices in Illinois for all normal business hours the day of June 20, 2022.”)

• 5 USC 6103(a) (“The following are legal public holidays: . . . Juneteenth National Independence Day, June 19.”)

• Federal Reserve System, Holidays Observed by the Federal Reserve System 2022-2026 (“2022 . . . Juneteenth National Independence Day . . . June 19** . . . **Sunday — the Federal Reserve Banks and the Board of Governors are closed on June 20, 2022 . . .”)

• Promissory Note and Bank Holiday Act, 205 ILCS 630/17(d) (“When any such holidays, except Juneteenth National Freedom Day, fall on Sunday, the Monday next following shall be held and considered such holiday.”)