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| Holiday | Date Observed - 2008 | Date Observed - 2009 | | New Year's Day | Tues., Jan. 1 | Thurs., Jan. 1 | | Martin Luther King, Jr. Day | Mon., Jan. 21 | Mon., Jan. 19 | | Presidents Day | Mon., Feb. 18 | Mon., Feb. 16 | | Memorial Day | Mon., May 26 | Mon., May 25 | | Independence Day | Fri., July 4 | Sat., July 4* | | Labor Day | Mon., Sept. 1 | Mon., Sept. 7 | | Columbus Day | Mon., Oct. 13 | Mon., Oct. 12 | | Veterans Day | Tues., Nov. 11 | Wed., Nov. 11 | | Thanksgiving Day | Thurs., Nov. 27 | Thurs., Nov. 26 | | Christmas Day | Thurs., Dec. 25 | Fri., Dec. 25 |
* Since this holiday falls on a Saturday, eligible employees who are actively employed on July 4 will receive a floating holiday to be taken prior to the end of 2009.
Eligibility: Active full-time and regular part-time employees who are regularly scheduled to work 20 or more hours per week are eligible for paid vacation. Part-time employees regularly scheduled to work less than 20 hours per week, employees on leave, and temporary employees are not eligible for holiday pay. Employees paid only on commission may not be covered by these provisions. How it works: Many U.S. Bank workplaces observe holidays by closing; however, closings vary among units depending upon the market and local practices. In-store and traditional branches may remain open on some holidays, and offices in some states may observe specific state holidays. For example, Utah observes Pioneer Day and Nevada observes Nevada Family Day. Your manager will notify you in advance if your schedule differs from above. If you are required to work on a holiday, you may be eligible for a floating holiday or holiday pay according to the policies and procedures in the Employee Handbook. Notes: 
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