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.
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.
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
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
-
Is It Worth Getting a Free iPhone Through T-Mobile?T-Mobile offers a free iPhone 16 Pro with select plans, including a 55+ option. Is the incentive worth the switch over?
-
What About Those ‘Guaranteed’ Life Insurance Ads?Guaranteed life insurance policies can sound tempting if you've been declined for insurance elsewhere. Here are four downsides and one alternative.
-
Is It Worth Getting a Free iPhone Through T-Mobile?
T-Mobile offers a free iPhone 16 Pro with select plans, including a 55+ option. Is the incentive worth the switch over?
-
What About Those ‘Guaranteed’ Life Insurance Ads?
Guaranteed life insurance policies can sound tempting if you've been declined for insurance elsewhere. Here are four downsides and one alternative.
-
Cord Cutting Could Help You Save Over $10,000 in 10 YearsHow cutting the cord can save you money and how those savings can grow over time.
-
The Top Fourth of July Fireworks and Celebrations Across AmericaFrom Boston to San Diego, these iconic celebrations light up the sky — and the spirit of Independence Day.
-
My First $1 Million: Air Force Veteran, 68, Duluth, Ga.Ever wonder how someone who's made a million dollars or more did it? Kiplinger's My First $1 Million series uncovers the answers.
-
Why Retirees Need a Budget, According to a New RetireeA new retiree explains why retirees need a budget.
-
Your Home + Your IRA = Your Long-Term Care SolutionIf you're worried that long-term care costs will drain your retirement savings, consider a personalized retirement plan that could solve your problem.
-
How to Choose a Mortgage Lender in Five StepsNot all lenders are created equal — here’s how to compare offers, rates and terms with confidence.
