Are the banks closed on Presidents' Day in 2025? That's a question plenty of folks are asking just ahead of the federal holiday. The answer is yes, banks are closed on Presidents' Day, or Washington's Birthday, as the holiday is also known.
Washington's Birthday became a federal holiday in 1879 as a way to commemorate America's first president. It was initially celebrated on February 22, George Washington's birthday. Its purpose has since been expanded to honor all those who have served as president of the United States, and in 1970, the federal holiday was moved to the third Monday in February. The three-day weekend marks the third bank holiday so far in 2025.
As for stock market holidays – particularly for those asking "is the stock market open on Presidents' Day" – the stock market is typically closed on the federal holiday. Bond traders also get a three-day weekend, with bond markets shuttered on Washington's Birthday, too.
From just $107.88 $24.99 for Kiplinger Personal Finance
Be a smarter, better informed investor.
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
For those wondering 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 Standard Time Monday through Friday.
If you're looking to take some time over the three-day weekend to get a head start on your tax preparation, have a look at what you need to know before filing for tax season. Additionally, don't forget to check out the federal income tax brackets and standard deductions for 2024 and 2025. And while we're on the topic of taxes, be sure to see if the earned income tax credit can help you.
Below, we feature a full schedule of all U.S. bank holidays for 2025.
2025 bank holidays
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.
Related content
- Extra Cash? Should You Pay Off Debt or Invest?
- Presidents' Day Sales 2025: Where To Find The Best Deals
- Ways to Save Money When Shopping Online
-
Markets Are Quiet Ahead of Fed Day: Stock Market TodayInvestors, traders and speculators appear to be on hold amid an unusually fraught Fed meeting.
-
Quiz: Test Your Knowledge of the OBBB, Wealth Transfer and Early RetirementQuiz The financial professionals who contribute to Kiplinger's Adviser Intel recently wrote about the OBBB's impact on retirement, how to ensure your wealth passes to your family and early retirement questions.
-
T-Mobile's Free iPhone 17 Deal: A Smart Switch or a Hidden Catch?Receive a free iPhone 17 when you switch to T-Mobile. We'll explain whether the deal is worth it.
-
How an Expired Passport Thwarted Blackmail (and What Other Important Documents You Should Keep)An optometrist produced his expired passport to foil a blackmail attempt by the daughter of a former employee. After proving he was out of the country on the date of a forged diary entry, he took it a step further.
-
Confused About the New COVID Vaccine and Medicare? What You Need to KnowGetting the new COVID-19 vaccine covered by Medicare isn't as easy this year as it was in the past. Here's what you need to know before you take a trip to your pharmacy.
-
How Digital Platforms Are Changing the Way You Invest in GoldInvesting in gold is easier than ever thanks to digital platforms. Learn how online tools are lowering costs, increasing transparency and making gold accessible to all investors.
-
This Is How Life Insurance Can Fund Your Dreams NowBeyond a death benefit, life insurance can provide significant financial value and flexibility through 'living benefits' while you are still alive, helping with expenses like education, business ventures or retirement.
-
Potential Trouble for Retirees: A Wealth Adviser's Guide to the OBBB's Impact on RetirementWhile some provisions might help, others could push you into a higher tax bracket and raise your costs. Be strategic about Roth conversions, charitable donations, estate tax plans and health care expenditures.
-
How to Plan Your First International Trip After RetirementRetirement paves the way for a world of exciting (and intimidating) experiences. An overseas journey can be an ideal way to embrace this new phase of life.
-
My First $1 Million: Retired Magazine Editor, 70, Boise, IdahoEver wonder how someone who's made a million dollars or more did it? Kiplinger's My First $1 Million series uncovers the answers.
