Are Banks Closed on Columbus Day/Indigenous Peoples’ Day in 2024?
Are banks closed on Columbus Day, or Indigenous Peoples’ Day, in 2024? That’s a question plenty of folks are asking just ahead of the holiday that marks the voyage and landing of Italian explorer Christopher Columbus in the Americas. The answer is yes, banks are closed on Monday, October 14.
Indigenous Peoples’ Day, meanwhile, has been celebrated since the 1990s in tandem with Columbus Day and acknowledges Native American cultures and people who inhabited the Americas prior to European exploration.
Many folks will choose to spend the long holiday weekend with family and friends, though others might prefer to take a few minutes to prepare for Medicare open enrollment, which starts October 15 and goes through December 7. Those enrolling will want to brush up on their Medicare basics ahead of time to make sure they’re prepared.
Another noteworthy event on the horizon is the presidential election, which is just over three weeks away. Kiplinger editors have put together several articles detailing the plans of each candidate, including a closer look at Vice President Kamala Harris’ tax plans as well as former President Donald Trump’s tax plans.
Investors can also take a closer look at which stocks could do well if Harris wins or which stocks to buy if Trump wins.
Bankers are not the only ones who get to enjoy a long weekend. For those wondering “Is the stock market closed on Columbus Day?,” the answer to that is no. Columbus Day/Indigenous Peoples’ Day is not one of the many stock market holidays in 2024. However, bond traders get the day off, as the bond market is closed on Monday.
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
| 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.
