Are Banks Open on Veterans Day in 2024?
As Veterans Day approaches, many are curious about the operational status of banks on Saturday, November 11th this year. So, are banks open on Veterans Day in 2024? The simple answer is no; banks typically remain closed on this federal holiday, which honors the service and sacrifice of military veterans.
Veterans Day, recognized as Armistice Day or Remembrance Day in some countries, holds significance as it commemorates the signing of the armistice agreement that ended World War I on November 11, 1918. It stands as one of the 11 designated bank holidays this year.
While banks are closed, individuals often utilize this time to spend with loved ones, participate in community events such as parades, or patronize veteran-owned businesses. Additionally, some may take the opportunity to discuss financial matters with veterans they know personally. Notably, the U.S. Department of Veterans Affairs (VA) offers various lesser-known benefits to veterans, including a clothing allowance, which could be worth exploring.
Moreover, there are specific financial aid programs tailored to the circumstances of service members. Among them is assistance for those on active duty whose regular income may face disruption. These programs aim to provide support during challenging financial situations.
For those inquiring about the stock market’s status on Veterans Day, it remains closed. However, it’s important to note that this closure isn’t due to the holiday itself being a stock market holiday. Instead, it coincides with a Saturday in 2024, a day when the stock market typically does not operate.
For those interested in regular trading hours, both the Nasdaq Stock Market and the New York Stock Exchange (NYSE) maintain trading hours from 9:30 am to 4:00 pm Eastern Time, Monday through Friday.
Below, find a comprehensive schedule of all U.S. bank holidays for the year 2024:
| Holiday | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| New Year’s Day | January 1 | January 1 | January 1 | January 1 |
| Birthday of Martin Luther King Jr. | January 15 | January 20*** | January 19 | January 18 |
| Washington’s Birthday (Presidents Day) | February 19 | February 17 | February 16 | February 15 |
| Memorial Day | May 27 | May 26 | May 25 | May 31 |
| Juneteenth National Independence Day | June 19 | June 19 | June 19 | June 19* |
| Independence Day | July 4 | July 4 | July 4* | July 4** |
| Labor Day | September 2 | September 1 | September 7 | September 6 |
| Columbus Day | October 14 | October 13 | October 12 | October 11 |
| Veterans Day | November 11 | November 11 | November 11 | November 11 |
| Thanksgiving Day | November 28 | November 27 | November 26 | November 25 |
| Christmas Day | December 25 | December 25 | December 25 | December 25* |
