Stock Market 07-11-2024 21:45 14 Views

Are Banks Open on Veterans Day in 2024?

Are banks open on Veterans Day in 2024? That’s a question plenty of folks are wondering just ahead of the holiday that honors those who have served in the military. The answer is no, banks are not open on Monday, November 11.

Veterans Day, which is known as Armistice Day or Remembrance Day in other countries, is a federal holiday that occurs each year on November 11. It marks the day in 1918 an agreement was signed between Germany and the Allied nations to end World War I. It is one of 11 bank holidays this year.

Many folks will choose to spend the holiday with family and friends, attending a local parade or supporting a veteran-owned business. Others might want to take a few minutes talking with a vet they know closely about their financial health. For instance, Kiplinger editors uncovered these major financial benefits provided to veterans and their families by the U.S. Department of Veterans Affairs (VA), including home loans.

We’ve also taken a closer look at a number of programs available to help offset the financial circumstances that are specific to service members – including one for those called to active duty whose compensation could be cut from their regular job while they are away.

As for those wondering “Is the stock market open on Veterans Day?,” the answer to that is yes. Veterans Day is not a stock market holiday.

Anyone curious about what time does the market open for regular trading hours, both the Nasdaq Stock Market and the New York Stock Exchange (NYSE) are open from 9:30 am to 4:00 pm Eastern time Monday through Friday.

Below, we feature a full schedule of all U.S. bank holidays for 2024.

Bank holidays 2024

Swipe to scroll horizontally
Date Day Holiday
January 1 Monday New Year’s Day
January 15 Monday Martin Luther King, Jr. Day
February 19 Monday Presidents’ Day/Washington’s Birthday
May 27 Monday Memorial Day
June 19 Wednesday Juneteenth National Independence Day
July 4 Thursday Independence Day
September 2 Monday Labor Day
October 14 Monday Columbus Day/Indigenous Peoples’ Day
November 11 Monday Veterans Day
November 28 Thursday Thanksgiving Day
December 25 Wednesday Christmas Day

* This is the recommended bank market holiday schedule from the Federal Reserve. This schedule is subject to change.

This post appeared first on kiplinger.com

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