Are banks open on Labor Day in 2025? That's a question plenty of folks are asking just ahead of the holiday that celebrates the American labor movement. The answer is no, banks are not open on Monday, September 1.
For many of us, the holiday will be spent celebrating with family and friends, though some might prefer to take a few minutes to take stock of their financial health.
One way to do this is by evaluating how much you need to save for retirement and checking to see if you're on track based on the average retirement savings by age. A common calculation is the 4% rule for retirement withdrawals.
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.
What about the stock market?
Bankers are not the only ones who get to enjoy a long weekend. For those wondering "is the stock market open on Labor Day?," the answer to that is no. Labor Day is one of many stock market holidays in 2025. 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 2025.
Bank holidays 2025
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
-
4 Career Moves to Make Now if You're Worried About a RecessionWorried about a recession? These steps to protect your job prospects will help you professionally whether a downturn develops or not.
-
How StoryCorps Works and How You Can Tell Your StoryStoryCorps has recorded conversations between thousands of people, and anyone can participate. National facilitator Alan Jinich explains how to share your story.
-
4 Career Moves to Make Now if You're Worried About a Recession
Worried about a recession? These steps to protect your job prospects will help you professionally whether a downturn develops or not.
-
How StoryCorps Works and How You Can Tell Your Story
StoryCorps has recorded conversations between thousands of people, and anyone can participate. National facilitator Alan Jinich explains how to share your story.
-
Vacation Couture: Why Wealthy Americans Are Flying to Europe to Save on LuxuryTariffs are making high-end shopping in the U.S. pricier — so savvy travelers are heading overseas, where VAT refunds and favorable exchange rates can offset the extra cost.
-
Think Twice Before Getting a Credit Card Cash AdvanceA credit card cash advance can be a quick solution when you need emergency help with money. But you'll pay for the convenience with high interest and fees.
-
5 Home Run Hotel Packages Every Baseball Fan Will LoveFrom Fenway to Yankee Stadium, these bundled hotel-and-baseball deals combine savings, perks and unforgettable fan experiences.
-
My First $1 Million: Retired Marketing Consultant, 74, Southern New HampshireEver wonder how someone who's made a million dollars or more did it? Kiplinger's My First $1 Million series uncovers the answers.
-
Amtrak Debuts High Speed Trains as Train Travel Enters a New Golden AgeAmtrak's new high-speed trains come with upgraded amenities, expanded schedules and more as rail travel demand surges.
-
I'm a Financial Adviser: Three Things You Will Wish You Did Before the Fed Cuts Interest RatesWith potential interest rate cuts on the horizon, you might want to lock in today's higher yields and consider adjusting your asset allocation.
