Are banks open on July 4th in 2023? That's a question plenty of folks are asking just ahead of the holiday that commemorates the adoption of the Declaration of Independence in 1776. The answer is no, banks are not open on Tuesday, July 4.
Many folks will choose to spend the holiday celebrating with family and friends, though others might prefer to take a few minutes to take stock of their financial health. This can include determining if the financial institution you use is truly the best bank for you – particularly in the wake of several bank failures that occurred earlier this year.
Kiplinger editors recently reviewed fees, minimum-balance requirements, yields and other features across dozens of banks to determine which institutions are the best among national banks, internet banks and credit unions. The results are certainly worth a closer look.
Sign up for Kiplinger’s Free E-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.
Meanwhile, bankers are not the only ones who get to enjoy an early week break. For those wondering "is the stock market open on July 4th," the answer to that is no. The Fourth of July is one of many stock market holidays in 2023. Bond traders also get the day off.
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 2023.
Bank Holidays 2023
| Date | Day | Holiday |
|---|---|---|
| January 2 | Monday | New Year's Day (Observed) |
| January 16 | Monday | Martin Luther King, Jr. Day |
| February 20 | Monday | President's Day |
| May 29 | Monday | Memorial Day |
| June 19 | Monday | Juneteenth |
| July 4 | Tuesday | Independence Day |
| September 4 | Monday | Labor Day |
| October 9 | Monday | Columbus Day |
| November 11 | Saturday | Veterans Day |
| November 23 | Thursday | Thanksgiving Day |
| December 25 | Monday | Christmas Day |
* This is the recommended bank market holiday schedule from the Federal Reserve. This schedule is subject to change.
Related Content
-
-
Mortgage Demand Ticks Up for First Time in 3 Weeks
Weekly mortgage applications improve despite the 30-year fixed rate edging back up to its highest level in 4 weeks, economist says.
-
How To Get the Best Savings Account Bonuses
By opening the right savings account today, you could be maximizing your earnings through both compound interest and cash bonuses.
