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Boston-based Santander US will close its offices and branches at noon on Friday to recognize Juneteenth, a national commemoration of the end of slavery in the United States that’s traditionally celebrated in African American communities as a second Independence Day.

“This year, Juneteenth is especially moving as our nation wrestles with inequities and injustices that have persisted throughout its history, with renewed urgency,” Santander US CEO Tim Wennes said in a statement. “So, on Friday, we will close our doors and operations early to mark this important day and to provide each of us with an opportunity to reflect on what role we will play in making our country, community and company places where equality and justice prevail.”

Santander US said in the statement that it is encouraging employees “to take this time to listen to what Black Americans are saying, to understand and appreciate what it must be like to suffer discrimination or injustice, to give time and/or financial support to organizations dedicated to bringing about real change, and to engage in meaningful conversations with friends, family and colleagues.”

The early release on June 19 is one of several actions Santander US is taking in partnership with its Black Employee Network (BEN) “to redouble its commitment to racial equality and justice,” the statement said. The bank is also conducting a thorough review of its business, people, philanthropic and community investment practices to ensure alignment with these goals.

Quicken Loans had announced last week that it would give a paid holiday to employees who commemorate Juneteenth. Other companies recognizing the holiday include Ohio-based Fifth Third Bank, Nike, Twitter, Square and the NFL.

Santander to Recognize Juneteenth with Early Closure

by Banker & Tradesman time to read: 1 min
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