Bank Holidays
Bank Holidays 2028
The standard 2028 holiday schedule used by the Federal Reserve and most major US banks. Note that actual branch hours may vary by institution.
Total Holidays
11
Next Upcoming Holiday
New Year's Day observed
December 31, 2027
| Date | Day | Holiday | Status | Notes |
|---|---|---|---|---|
| Dec 31 | Fri | New Year's Day observed | Bank Closed | January 1, 2028 falls on a Saturday. |
| Jan 17 | Mon | Birthday of Martin Luther King, Jr. | Bank Closed | — |
| Feb 21 | Mon | Washington's Birthday | Bank Closed | — |
| May 29 | Mon | Memorial Day | Bank Closed | — |
| Jun 19 | Mon | Juneteenth National Independence Day | Bank Closed | — |
| Jul 4 | Tue | Independence Day | Bank Closed | — |
| Sep 4 | Mon | Labor Day | Bank Closed | — |
| Oct 9 | Mon | Columbus Day | Bank Closed | — |
| Nov 10 | Fri | Veterans Day observed | Bank Closed | November 11 falls on a Saturday in 2028. |
| Nov 23 | Thu | Thanksgiving Day | Bank Closed | — |
| Dec 25 | Mon | Christmas Day | Bank Closed | — |
About these holidays
New Year's Day
January 1 marks the start of the calendar year. It is a federal holiday, so federal offices, banks and the stock market are closed.
Observed by
Federal employees, banks, stock markets, most private employers
Date rule
Always January 1. If it falls on a Saturday, the preceding Friday is the observed holiday; if on a Sunday, the following Monday.
- Is New Year's Day a paid holiday?
- Yes, it is one of eleven federally recognized paid holidays for US government employees. Most private employers also observe it.
- Is the stock market open on New Year's Day?
- No. Both the NYSE and NASDAQ are closed on New Year's Day. If January 1 falls on a Saturday, markets close the preceding Friday.
Martin Luther King Jr. Day
Honors the civil rights leader and is observed on the third Monday of January. It became a federal holiday in 1986.
Observed by
Federal employees, most state governments, many schools and banks
Date rule
Third Monday of January each year.
- Why is MLK Day on a Monday?
- The Uniform Monday Holiday Act moved several holidays to Mondays to create long weekends. MLK Day follows this pattern, always falling on the third Monday of January.
- Is MLK Day a stock market holiday?
- Yes. Both the NYSE and NASDAQ are closed on Martin Luther King Jr. Day.
Presidents Day / Washington's Birthday
Observed on the third Monday of February. The official federal holiday is Washington's Birthday; the name "Presidents Day" is commonly used but not the legal name.
Observed by
Federal employees, banks, stock markets, many schools
Date rule
Third Monday of February each year.
- Is Presidents Day a federal holiday?
- Yes, though the official name is Washington's Birthday. It honors George Washington and, by common practice, Abraham Lincoln.
- Why is it called Washington's Birthday on federal calendars?
- The federal statute never renamed the holiday. "Presidents Day" is a popular label used by retailers and state governments.
Memorial Day
Honors military personnel who died in service. Observed on the last Monday of May, it also marks the unofficial start of summer.
Observed by
Federal employees, banks, stock markets, most businesses
Date rule
Last Monday of May each year.
- Why is Memorial Day on a Monday?
- The Uniform Monday Holiday Act moved it from May 30 to the last Monday of May, creating a three-day weekend.
- Is the stock market closed on Memorial Day?
- Yes. Both the NYSE and NASDAQ are closed on Memorial Day.
Juneteenth
Commemorates the end of slavery in the United States. It marks June 19, 1865, when enslaved people in Galveston, Texas were informed of their freedom. It became a federal holiday in 2021.
Observed by
Federal employees, growing number of state governments and private employers
Date rule
Always June 19. If it falls on a Saturday, the preceding Friday is observed; if on a Sunday, the following Monday.
- Why is Juneteenth a federal holiday?
- Juneteenth was made a federal holiday on June 17, 2021, when President Biden signed the Juneteenth National Independence Day Act. It recognizes the end of slavery in the United States.
- Is the stock market closed on Juneteenth?
- Yes. The NYSE and NASDAQ have observed Juneteenth as a market holiday since 2022.
Independence Day
Celebrates the adoption of the Declaration of Independence on July 4, 1776. A federal holiday with fireworks, parades and barbecues.
Observed by
Federal employees, banks, stock markets, virtually all businesses
Date rule
Always July 4. Observed on the preceding Friday if July 4 is a Saturday, or the following Monday if it is a Sunday.
- What happens when July 4 falls on a weekend?
- The observed holiday shifts: Saturday July 4 is observed on Friday July 3, and Sunday July 4 is observed on Monday July 5. Stock markets follow the same rule.
Labor Day
Honors the American labor movement and is observed on the first Monday of September. It marks the unofficial end of summer.
Observed by
Federal employees, banks, stock markets, most businesses
Date rule
First Monday of September each year.
- Why is Labor Day in September?
- Labor Day was established in 1894 as a September holiday to avoid association with the May 1 labor protests. The first Monday of September was chosen to create a long weekend.
Columbus Day / Indigenous Peoples' Day
Observed on the second Monday of October. The federal holiday is officially Columbus Day; many states and cities also recognize it as Indigenous Peoples' Day.
Observed by
Federal employees, some banks; observance varies significantly by state
Date rule
Second Monday of October each year.
- Is Columbus Day still a federal holiday?
- Yes. It remains on the OPM list of federal holidays. However, an increasing number of states and cities observe Indigenous Peoples' Day instead, and some federal offices in those areas may follow local custom.
- Is the stock market open on Columbus Day?
- Yes. The NYSE and NASDAQ are open on Columbus Day. Banks that follow the Federal Reserve schedule are generally closed.
Veterans Day
Honors all US military veterans. Observed on November 11, the anniversary of the end of World War I.
Observed by
Federal employees, banks, stock markets
Date rule
Always November 11. If it falls on a Saturday, the preceding Friday is observed; if on a Sunday, the following Monday.
- What is the difference between Veterans Day and Memorial Day?
- Memorial Day honors military personnel who died in service. Veterans Day honors all who served in the US military, living or deceased.
Thanksgiving Day
A national holiday for gratitude and gathering, observed on the fourth Thursday of November. Federal offices, banks and stock markets are closed.
Observed by
Federal employees, banks, stock markets, virtually all businesses
Date rule
Fourth Thursday of November each year.
- Why is Thanksgiving on a Thursday?
- Abraham Lincoln set Thanksgiving on the final Thursday of November in 1863. In 1941, Congress fixed it to the fourth Thursday to avoid occasional five-Thursday Novembers.
- Is the day after Thanksgiving a holiday?
- Not a federal holiday, but most federal employees receive it as a paid day off. Many private employers also give the Friday off. Stock markets close early at 1 PM ET.
Christmas Day
A federal holiday on December 25 celebrating the birth of Jesus Christ. Also widely observed as a secular cultural holiday.
Observed by
Federal employees, banks, stock markets, most businesses worldwide
Date rule
Always December 25. If it falls on a Saturday, the preceding Friday is observed; if on a Sunday, the following Monday.
- Is Christmas Eve a federal holiday?
- No. Christmas Eve is not a federal holiday, though presidents have occasionally granted federal employees a half-day or full day off by executive order. Some employers offer it as a paid day off.
Good Friday
Not a federal holiday, but a stock market holiday. Some states observe it as a state or bank holiday.
Observed by
Stock markets (NYSE, NASDAQ), some state governments and banks
Date rule
Two days before Easter Sunday. Date varies each year.
- Is Good Friday a federal holiday?
- No. Good Friday is not a federal holiday. Federal offices remain open. However, the stock market is closed, and some states recognize it as a state or bank holiday.
- Is the stock market closed on Good Friday?
- Yes. The NYSE and NASDAQ are closed on Good Friday each year.
Frequently asked questions
- What days are banks closed in 2028?
- Most major US banks are closed on 11 federal holidays in 2028, including New Year's Day, MLK Jr. Day, Presidents' Day, Memorial Day, Juneteenth, Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving, and Christmas.
- Do all banks follow the federal holiday schedule?
- The Federal Reserve follows the standard federal holiday schedule. Most major banking institutions (like Chase, Bank of America, and Wells Fargo) also follow this schedule. However, state-chartered banks or credit unions may have slightly different schedules.
- Are banks open on weekends?
- Most banks are closed on Sundays. Some branches are open on Saturdays with limited hours. If a federal holiday falls on a Sunday, banks typically close on the following Monday in observance.