Is My Bank Open? Bank and Stock Market Holiday Schedules (2021 – 2025)

Have you ever heard of the term bankers’ hours?

If you look it up in Urban Dictionary, it says:

Working or being open for the shortest and most inconvenient amount of time (~10am-4pm). Also includes a long lunch break and every possible holiday off.

For many years, banks had the worst hours. They weren’t open on weekends. They opened after you left for work and closed before you clocked out.

Nowadays it’s not nearly as bad. My brick and mortar bank, Bank of America, is open 9AM-5PM Monday – Thursday, 9AM-6PM on Friday, and 9AM-12PM on Saturday. That’s reasonable.

But the holidays… that’s actually not nearly as bad. Most banks follow the Federal Holiday schedule and that only has ten days off. The stock market adds an extra day off (Good Friday) and has a few shortened days.

So the financial industry has wised up. The more they’re open, the more they can make!

If you’re here wondering if Inauguration Day is a bank holiday – YES, it is – but banks aren’t required to close.

It is recognized as a holiday by the Federal Reserve System but individual banks can decide whether they are open. For example, my local Bank of America’s Financial Center is open until 4 PM.

Banks can be closed but they are not required to be closed. The best way to know is to check your bank for their updated hours.

The stock market is not closed on Inauguration Day.

So here are the days they are closed:

Table of Contents
  1. Bank Holidays
  2. Stock Market Holidays

Bank Holidays

The bank holidays follow the holiday schedule of the Federal Reserve System… and it’s great! Throughout the year, you get 10 days off.

It’s important to know these days even if you won’t be going to a bank. If you plan on making a deposit, transfer, bill pay, or other online bank activity – banks won’t process them on a day they are closed. It seems silly considering a human being probably never gets involved, so computers can still do the work on a “closed day,” but that’s how they’ve chosen to operate.

Not every bank (or credit union) follows this holiday schedule. They can opt to be closed for other days or not be closed on days observed by the Federal Reserve system. The list below is just for the Federal Reserve system.

Those days are:

  • New Year’s Day – Always January 1st
  • Inauguration Day – Always January 20th (every four years)
  • Martin Luther King Jr Day – Third Monday of January
  • Washington’s Birthday (a.k.a. President’s Day) – Third Monday of February
  • Memorial Day (a.k.a. Decoration Day) – Last Monday in May
  • Independence Day – Always July 4th
  • Labor Day – First Monday in September
  • Columbus Day (a.k.a. Indigenous People’s Day) – Second Monday in October
  • Veterans Day – Always November 11
  • Thanksgiving Day – Fourth Thursday of November
  • Christmas Day – Always December 25th

(Not all banks observe Inauguration day)

If the holiday falls on a Saturday that year, then the holiday is not observed. If the holiday falls on a Sunday, it is observed the following Monday.

Here are the dates for the next five years:

Holiday20212022202320242025
New Year’s DayJan 1Jan 1*Jan 1**Jan 1Jan 1
Inauguration DayJan 20Jan 20
Martin Luther King Jr DayJan 18Jan 17Jan 16Jan 15Jan 20
Washington’s BirthdayFeb 15Feb 21Feb 20Feb 19Feb 17
Memorial DayMay 31May 30May 29May 27May 26
Independence DayJuly 4**July 4July 4July 4July 4
Labor DaySept 6Sept 5Sept 4Sept 2Sept 1
Columbus DayOct 11Oct 10Oct 9Oct 14Oct 13
Veterans DayNov 11Nov 11Nov 11*Nov 11Nov 11
Thanksgiving DayNov 25Nov 24Nov 23Nov 28Nov 27
Christmas DayDec 25*Dec 25**Dec 25Dec 25Dec 25

* The holiday fell on a Saturday so there is no bank holiday.
** The holiday fell on a Sunday so the banks are closed the following Monday.

Stock Market Holidays

The New York Stock Exchange and the NASDAQ follow a similar schedule to the banks but it’s not exactly the same. They observe all the bank holidays except Columbus Day and Veterans Day. They add Good Friday, the Friday preceding Easter Sunday.

They also have a few days where they are closed early at 1 PM – the day before Independence Day, the day after Thanksgiving, and Christmas Eve in certain cases (more on that below).

In full, they observe these nine days:

  • New Year’s Day – Always January 1st
  • Martin Luther King Jr Day – Third Monday of January
  • Washington’s Birthday (a.k.a. President’s Day) – Third Monday of February
  • Good Friday – Friday before Easter Sunday
  • Memorial Day (a.k.a. Decoration Day) – Last Monday in May
  • Independence Day – Always July 4th
  • Labor Day – First Monday in September
  • Thanksgiving Day – Fourth Thursday of November
  • Christmas Day – Always December 25th

The following just lists the non-bank days:

Holiday20212022202320242025
New Year’s DayJan 1Jan 1*Jan 1**Jan 1Jan 1
Inauguration DayJan 20Jan 20
Martin Luther King Jr DayJan 18Jan 17Jan 16Jan 15Jan 20
Washington’s BirthdayFeb 15Feb 21Feb 20Feb 19Feb 17
Good FridayApr 2Apr 15Apr 7
Memorial DayMay 31May 30May 29May 27May 26
Day before Independence DayJuly 3July 3July 3July 3July 3
Independence DayJuly 4**July 4July 4July 4July 4
Labor DaySept 6Sept 5Sept 4Sept 2Sept 1
Thanksgiving DayNov 25Nov 24Nov 23Nov 28Nov 27
Day after ThanksgivingNov 26Nov 24Nov 24Nov 29Nov 28
Christmas EveDec 24Dec 24Dec 24Dec 24Dec 24
Christmas DayDec 25*Dec 25**Dec 25Dec 25Dec 25

The stock market will sometimes close early, at 1 PM, on the following days:

  • Day after Thanksgiving
  • Christmas Eve, if it is a weekday
  • July 3rd, if July 3rd and 4th are weekdays

Now you know when banks are closed and when the stock market will be closed or closed early!

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Jim Wang

About Jim Wang

Jim Wang is a thirty-something father of three who is a frequent contributor to Forbes and Vanguard's Blog. He has also been fortunate to have appeared in the New York Times, Baltimore Sun, Entrepreneur, and Marketplace Money.

Jim has a B.S. in Computer Science and Economics from Carnegie Mellon University, an M.S. in Information Technology - Software Engineering from Carnegie Mellon University, as well as a Masters in Business Administration from Johns Hopkins University. His approach to personal finance is that of an engineer, breaking down complex subjects into bite-sized easily understood concepts that you can use in your daily life.

One of his favorite tools (here's my treasure chest of tools,, everything I use) is Personal Capital, which enables him to manage his finances in just 15-minutes each month. They also offer financial planning, such as a Retirement Planning Tool that can tell you if you're on track to retire when you want. It's free.

He is also diversifying his investment portfolio by adding a little bit of real estate. But not rental homes, because he doesn't want a second job, it's diversified small investments in a few commercial properties and a farm in Illinois via AcreTrader.

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