Are banks open on Juneteenth in 2024? That's a question plenty of folks are asking just ahead of the holiday that commemorates the emancipation of enslaved African Americans. The answer is no, banks are not open on Wednesday, June 19.
While Juneteenth has been unofficially celebrated for more than two centuries, Congress voted in 2021 to make it the 11th federal holiday. When President Joe Biden signed the bill, Juneteenth became the first new federal holiday since Martin Luther King Jr. Day in 1983.
Many folks will choose to spend the holiday celebrating with family and friends. However, others may take time to take stock of their financial health and consider whether a financial planner is needed to help meet their goals.
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Certified financial planner Evan Beach says there are five next-level questions folks should be asking prospective financial planners, including what's the average age of their clients. "Picking an adviser who works with clients around your age should greatly reduce the risk that they miss something significant," Beach says.
The stock market is closed on Juneteenth too
Bankers are not the only ones who get to enjoy an extended weekend. For those wondering "is the stock market open on Juneteenth," the answer to that is no. Juneteenth is one of many stock market holidays in 2024. 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 2024.
2024 bank holidays
| Date | Day | Holiday |
|---|---|---|
| January 1 | Monday | New Year's Day |
| January 15 | Monday | Martin Luther King, Jr. Day |
| February 19 | Monday | Presidents' Day/Washington's Birthday |
| May 27 | Monday | Memorial Day |
| June 19 | Wednesday | Juneteenth National Independence Day |
| July 4 | Thursday | Independence Day |
| September 2 | Monday | Labor Day |
| October 14 | Monday | Columbus Day/Indigenous Peoples' Day |
| November 11 | Monday | Veterans Day |
| November 28 | Thursday | Thanksgiving Day |
| December 25 | Wednesday | Christmas Day |
* This is the recommended bank market holiday schedule from the Federal Reserve. This schedule is subject to change.
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