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Are Banks Open on Presidents’ Day 2019?

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are banks open on presidents day
This weekend many people will still be celebrating Valentine’s Day (February 14), so it might slip your mind that Monday, February 18, 2019, is also a holiday. Presidents’ Day is observed on February 18 this year, and sometimes it can be difficult figuring out what’s open on federal holidays. The day is one of 10 federal holidays in the United States, but not every business closes for federal holidays. This leaves many people asking themselves, “Are banks open on Presidents Day?” Since banks are not all federally controlled, it can vary from holiday to holiday, and from bank to bank, as to whether or not each will be open on a particular federal holiday.

 

Presidents Day is observed on the third Monday in February every year. This means that the actual date of Presidents Day is always changing. Because it is on a Monday, it also causes some problems when it comes to day-to-day business. Banks, however, don’t always close on federal holidays so whether your bank is open on Presidents Day or not is not a simple yes or no answer. Most banks are not open on Presidents Day, but there are exceptions.

Are Banks Open on Presidents Day?

No, most banks are closed on Presidents Day. For the majority of banks and credit unions, being closed on Presidents Day is the general rule. There are exceptions for this holiday. TD Bank is one of the only banks open on Presidents Day, as well as some supermarket and in-store branches of PNC Bank and SunTrust Bank.

Banks Closed on Presidents Day

  • Bank of America is closed on Presidents Day
  • Citibank is closed on Presidents Day
  • U.S. Bank is closed on Presidents Day
  • Capital One is closed on Presidents Day
  • HSBC Bank is closed on Presidents Day
  • PNC Bank regular branches are closed on Presidents Day
  • SunTrust regular branches are closed on Presidents Day

Are Credit Unions Open on Presidents Day?

No, most credit unions are closed on Presidents Day. Credit unions are much like banks when it comes to this holiday. The vast majority of regular branches will be closed for the day, but there may be some located in grocery stores or other retail outlets which will remain open along with the store where they’re located.

The good news is that in the age of technology in which we are living, you do not have to go to the bank to do business. You can often do banking at the ATM or even through your mobile phone or the bank’s website. Most of these options can usually be accessed 24 hours a day, seven days a week.

Is the Stock Market Open on Presidents Day?

No, stock markets are closed on Presidents Day. Both the New York Stock Exchange (NYSE) and NASDAQ Composite are closed on Presidents Day. The stock markets usually mirror federal holidays when it comes to when they are closed. For those interested, these are all the stock market holidays this year.

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Are Banks Open on the day Before Presidents Day?

No, banks are closed the day before Presidents Day. Like every year, Presidents Day falls on a Monday the day before is a Sunday. The local bank and credit union branches have differing opening hours with some open on Sunday, but many banks remain closed. If your local bank branch is typically open on a Sunday, it will be open the day before Presidents Day.

Is the Stock Market Open on MLK Day 2019?

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is the stock market open on MLK Day

Federal holidays impact the day-to-day business of many institutions in the United States. Typically, banks close and U.S. Postal Service employees have the day off. However, the stock market follows a different holiday schedule. With the year’s second federal holiday approaching, many people are wondering is the stock market open on MLK Day?

Is the Stock Market Open on MLK Day?

The stock market will be closed on MLK Day. Investors will not be able to trade or sell on Monday, January 21. Any business that needs to be done will need to be completed before the close of business Friday. All other business will need to wait to be taken care of until Tuesday.

Will NASDAQ be open on MLK Day?

NASDAQ will be closed on Monday, January 21. Because the NASDAQ and NYSE have the same holiday schedule, they are closed the same days, including MLK Day.

Bond Market MLK Day

The bond market will be closed on MLK Day. The SIMFA or bond market runs on a different schedule than the NYSE or NASDAQ. However, it will still be closed on Monday. Any urgent business needs to be taken care of before 5 p.m. EST Friday.

The Stock Market Holiday Schedule

The stock market (NYSE and NASDAQ) is closed each year in observance of the following federal holidays: New Year’s Day, Martin Luther King Jr. Day, Washington’s Birthday, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving and Christmas Day.

It is important to note that the market closes at 5 p.m. EST on regular business days. There are two days during the year in which the market closes early (1 p.m. EST). Those days are Christmas Eve and Black Friday. No dates around MLK Day are impacted this way.

Because the stock market holiday schedule varies slightly from the federal holiday schedule, active traders should note holidays and days the market closes early and plan accordingly.

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Is the Stock Market Open on Martin Luther King Jr. Day?

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Stock Market MLK Day
Anyone who is actively trading in the stock market needs to know when it is open and when it is closed. If you miss a day that the market is open, it can significantly impact your stocks. When a federal holiday, like Martin Luther King Jr. Day, comes around it can get confusing. So, is the stock market open on Martin Luther King Jr Day? 

MLK Day is on Monday, January 15 and it is recognized as a federal holiday. However, the stock market does not always close on federal holidays, it has its own holiday schedule. When people refer to the stock market they are generally referring to the New York Stock Exchange (NYSE) and the NASDAQ. The stock market observes most federal holidays just like banks, but not all. The NYSE and NASDAQ follow the same holiday schedule. The bond market, also referred to as SIFMA, does not follow the same schedule as the New York Stock Exchange and NASDAQ.

Download a printable 2018 Stock Market Holiday Schedule. 

Will the New York Stock Exchange (NYSE) be Open on Martin Luther King Jr. Day?

The stock market will be closed on MLK Day. The stock market is closed on Martin Luther King Jr. Day. That means the market will not be opening for trading nor selling on Monday, January 15. However, you will be able to access the stock market on Friday, January 12 and Tuesday, January 16 as usual.

Will NASDAQ be Open on MLK Day?

NASDAQ will be closed on Monday, January 15. Because the NYSE and the NASDAQ run on the same holiday schedule, the MASDAQ will also be closed on Martin Luther King Jr. Day. However, just like the NYSE, you will be able to access services on Friday, January 12 and Tuesday, January 16.

Will the Bond Market be Open on Martin Luther King Jr. Day?

The the bond market will be closed on MLK Day. The bond market, also known as the SIMFA , will be closed on Martin Luther King Jr. Day. If you have any business to do with bonds, you need to get it done on Friday, January 12, or make sure it can wait until Tuesday, January 16.

The stock market (NYSE and NASDAQ) is closed each year in observance of the following federal holidays: New Year’s Day, Martin Luther King Jr. Day, Washington’s Birthday, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving and Christmas Day. The stock market also closes the day before Independence Day.

Normally, the stock market closes at 5 p.m. However, there are a few days during the year where the market closes early. However, no dates around MLK Day are affected in this way.

It is important to note that the NASDAQ follows the same schedule as the New York Stock Exchange. The closing times are in Eastern Standard Time (EST).

If you are an active trader or have holdings in the NASDAQ, NYSE or bond market, you should become aware of what days these markets are open and closed. Oftentimes, the stock market does not always follow a federal holiday schedule, the market’s schedule is slightly altered.

Photo: Flickr: InSapphoWeTrust

Are Banks and Credit Unions Open on Presidents’ Day 2017?

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Banks Open on Presidents' Day?
This weekend many people will still be focused on Valentine’s Day (February 14) and it may slip some people’s minds that Monday, February 20, 2017 is also a holiday. Presidents’ Day will be observed on February 20 and sometimes it can be confusing as to what is open and what is closed on federal holidays such as Presidents’ Day. The day is one of ten federal holidays in the United States, but not every business closes for federal holidays. This leaves many people asking themselves, “Are banks and credit unions open on Presidents’ Day?” Since banks are not all federally controlled, it can vary from holiday to holiday, and from bank to bank, as to whether or not each will be open on a particular federal holiday.

Presidents’ Day is observed on the third Monday in February every year. This means that the actual date of Presidents’ Day is always changing. Because it is on a Monday, it also causes some problems when it comes to day-to-day business. Banks, however, don’t always close on federal holidays so whether your bank is open on Presidents’ Day or not is not a simple yes or no answer. The majority of banks are closed on Presidents’ Day, but there are exceptions.

Are banks open on Presidents’ Day?

No, most banks are closed on Presidents’ Day. For the majority of banks and credit unions, being closed on Presidents’ Day is the general rule. There are exceptions on this holiday. All the branches at three well-known banks remain open on Presidents’ Day, as well as store branches at a couple of others:

Banks Open on Presidents’ Day

  • Chase Bank is open on Presidents’ Day
  • TD Bank is open on Presidents’ Day
  • Wells Fargo is open on Presidents’ Day
  • The supermarket branches of PNC Bank are open on Presidents’ Day
  • The in-store branches of SunTrust Bank are open on Presidents’ Day

Banks Closed on Presidents’ Day

  • Bank of America is closed on Presidents’ Day
  • Citibank is closed on Presidents’ Day
  • US Bank is closed on Presidents’ Day
  • Capital One is closed on Presidents’ Day
  • HSBC Bank is closed on Presidents’ Day
  • PNC Bank regular branches are closed on Presidents’ Day
  • SunTrust regular branches are closed on Presidents’ Day

Are credit unions open on Presidents’ Day?

No, most credit unions are closed on Presidents’ Day. Credit unions are much like banks when it comes to this holiday. The vast majority of regular branches will be closed for the day, but there may be some located in grocery stores or other retail outlets which will remain open along with the store where they’re located.

The good news is that in the age of technology in which we are living, you do not have to go to the bank to do business. You can often do banking at the ATM or even through your mobile phone or the bank’s website. Most of these options can usually be accessed 24 hours a day, seven days a week.

Is the stock market open on Presidents’ Day?

No, stock markets are closed on Presidents’ Day. Both the New York Stock Exchange (NYSE) and NASDAQ Composite are closed on Monday. The stock markets usually mirror federal holidays when it comes to when they are closed. For those interested, these are all the stock market holidays this year.

Are Banks Open on the day Before Presidents Day?

No, banks are closed the day before Presidents Day. Like every year, Presidents Day falls on a Monday the day before is a Sunday. Local bank and credit union branches have differing opening hours with some open on Sunday, but many banks remain closed. If your local bank branch is typically open on a Sunday, it will be open the day before Presidents Day.

Photo: Flickr: GotCredit