Are Banks Closed on Columbus Day in 2025?

blue sign in store window saying sorry we're closed — (Image credit: Getty Images)

Are banks closed on Columbus Day, or Indigenous Peoples' Day, in 2025? 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 13.

Indigenous Peoples' Day, meanwhile, has been celebrated since the 1990s in tandem with Columbus Day. It 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.

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October 15 is also the deadline for those who filed extensions for their 2025 tax return. But that's not the only thing to have on your radar. Check out these five other key tax deadlines that fall on October 15.

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 2025. 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 2025.

Bank holidays 2025

Swipe to scroll horizontally

Date	Day	Holiday
January 1	Wednesday	New Year's Day
January 20	Monday	Martin Luther King, Jr. Day
February 17	Monday	Presidents' Day/Washington's Birthday
May 26	Monday	Memorial Day
June 19	Thursday	Juneteenth National Independence Day
July 4	Friday	Independence Day
September 1	Monday	Labor Day
October 13	Monday	Columbus Day/Indigenous Peoples' Day
November 11	Tuesday	Veterans Day
November 27	Thursday	Thanksgiving Day
December 25	Thursday	Christmas Day

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

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at Kiplinger.com. She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at a local investment research firm. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.