Are Banks Open on Memorial Day in 2025?

Memorial Day is almost here, which has many wondering if banks are open on Monday, May 26.

American flag pennants strung together in backyard
(Image credit: Getty Images)

Are banks open on Memorial Day in 2025? That's a question plenty of folks are asking just ahead of the holiday that commemorates fallen military personnel. The answer is no, banks are not open on Monday, May 26.

The federal holiday also unofficially marks the start of the summer vacation season. According to AAA, travel demand is expected to be busy this summer.

For Memorial Day, specifically, AAA estimates 45.1 million Americans will travel 50 miles or more from where they live, up 3% over last year and a new record.

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Anyone planning to travel this summer will want to keep up on the latest trends. For one thing, domestic travel is expected to outpace international travel. And those visiting national parks should expect longer lines than usual, given recent staff layoffs.

The stock market is closed on Memorial Day too

Bankers are not the only ones who get to enjoy an extended weekend.

For those wondering "is the stock market open on Memorial Day," the answer to that is no. Memorial Day is one of many stock market holidays in 2025.

Bond traders also get the day off, though their long weekend starts early. Specifically, bond markets will close at 2 pm Eastern on Friday, May 23. 

For those 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. Please note that the list includes Juneteenth – the June 19 holiday commemorating the end of slavery – which became the 11th federal holiday by vote of Congress in 2021.

2025 bank holidays

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.

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Karee Venema
Senior Investing Editor, Kiplinger.com

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.