Have you ever wanted to place a trade, deposit a check, or withdraw money only to learn that the U.S. financial markets or your bank are closed for a holiday?
Or have you ever waited anxiously for pay-day and find out you’re going to get the money a day late because of a holiday?
To prevent this from happening again, we’ve created a list of market and bank holidays along with the next date on which they will be observed for you to bookmark.
Keep in mind that market holidays do not always coincide with bank holidays, even if the lists may appear identical at first glance.
What is considered a Market Holiday?
A non-weekend day on which the U.S. financial markets are closed.
This includes the stock market and bond markets, typically. If you want to buy or sell an investment such as a stock, ETF, mutual fund or bond, it’s important to know when the trading days are closed.
What is considered a Bank Holiday?
A non-weekend day which most commercial banks and savings institutions are closed to the public.
While all Federal Banks and branches are closed, it is important to know that not every bank observes the holidays below; so, be sure to check your bank’s holiday schedule.
2023 Market Holidays
- New Year’s Day – January 2, 2023
- Martin Luther King, Jr. Day – January 16, 2023
- Washington’s Birthday – February 20, 2023
- Good Friday – April 7, 2023
- Memorial Day – May 29, 2023
- Juneteenth National Independence Day – June 19, 2023
- Independence Day – July 4, 2023
- Labor Day – September 4, 2023
- Thanksgiving Day – November 23, 2023
- Christmas Day – December 25, 2023
2023 Bank Holidays
- New Year’s Day – January 2, 2023
- Martin Luther King, Jr. Day – January 16, 2023
- Washington’s Birthday – February 20, 2023
- Memorial Day – May 29, 2023
- Juneteenth National Independence Day- June 19, 2023
- Independence Day – July 4, 2023
- Labor Day – September 4, 2023
- Columbus Day – October 9, 2023
- Veterans Day – November 10, 2023
- Thanksgiving Day – November 23, 2023
- Christmas Day – December 25, 2023
THE BOTTOM LINE:
When we invest in the stock market or deposit our income into a bank account for safekeeping, we like to think that we have full control of when we can access the that money at all times. However, market and bank holidays, along with regular scheduled business hours, may temporarily limit that control.
The key is to be informed and prepared, so you’ll never feel like you’re limited in accessing your money.
You know that most bank branches close at 5 PM, so you’re not going to go there at 10 PM expecting to deposit a check. In the same way, you can be prepared when banks and the financial markets are closed for a holiday.
