Are Banks Open on Labor Day in 2024?
Labor Day is just around the corner, which has many wondering if banks are open on Monday, September 2.
Are banks open on Labor Day in 2024? That's a question plenty of folks are asking just ahead of the holiday that celebrates the American labor movement. The answer is no, banks are not open on Monday, September 2.
For many of us, the holiday will be spent celebrating with family and friends, though some might prefer to take a few minutes to take stock of their financial health. One way to do this is by recognizing if there are money issues that are creating additional strain in your life and finding strategies to address the financial stress.
You can also follow the advice of the Kiplinger Advisor Collective on the how to make paying off debt less intimidating.
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Meanwhile, if you're looking for ways to get your kids' financial futures started off on the right note, Kiplinger editors have recently put together a list of the best ways to kick-start their education. It doesn't hurt to get started early and a solid financial foundation can only help ease stress for them down the road.
Bankers are not the only ones who get to enjoy a long weekend. For those wondering "is the stock market open on Labor Day?," the answer to that is no. Labor Day 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.
Bank holidays 2024
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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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 Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.
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