The federal holiday, called Armistice Day until 1954, honors all veterans who have served in the U.S. armed forces. It's observed on Nov. 11 to. Federal Reserve Or Bank Holidays. 2020, 2021, 2022. New Year's Day, January 1, January 1, January 1 Columbus Day, October 12, October 11, October 10. Learn about our holiday hours and schedule for our Bank of Hawaii branches. Veterans Day, November 11, 2021, Closed, Closed, Closed.