Yes, but only if you're scheduled off that day. If you are called in that day, but scheduled off, you'll still receive holiday pay for President's day.
One more thing. New hires got screwed on the last contract. new hires get $1 an hour extra for every hour they work. After 6 months (I think) it turns into regular holiday pay. Yea it sucks for new hires. Union did little to stand up for the newbies. Now we can't get long term staff.