Presidents’ Day, officially recognized as Washington’s Birthday, is a federal holiday celebrated in the United States on the third Monday of February.
Originally meant to honor the nation’s first president, George Washington, it has since evolved into a day that celebrates all U.S. presidents. The holiday is often associated with retail sales, government closures, and a long weekend for many workers and students.
Since it is a federal holiday, it affects government institutions, financial services, and some private businesses. If you have errands to run or need to complete essential tasks, it’s crucial to know what will be open and what will be closed.
Are Banks and the Stock Market Open?
Stock Markets: Both the New York Stock Exchange (NYSE) and Nasdaq will be closed on Presidents’ Day. Trading will resume on Tuesday, February 18.
Banks: Most banks will not be open, including major institutions like Bank of America, Wells Fargo, Chase, and Citibank. However, TD Bank is an exception—it will be open for regular business hours. Customers can still use online banking, mobile banking, and ATMs for transactions.
Retail Stores and Supermarkets
For those looking to shop, most major retailers and grocery stores will be open on Presidents’ Day. Many stores also offer special holiday sales and discounts during this time.
Stores expected to be open include:
- Walmart
- Target
- Costco
- Kroger
- Best Buy
- Home Depot
- Macy’s
- CVS and Walgreens
Some local businesses and specialty stores may have reduced hours, so it’s best to check with them before heading out.
Are Government Offices Open?
Since Presidents’ Day is a federal holiday, most government services will be closed. This includes:
- DMVs
- City Halls
- Courthouses
- Libraries
- U.S. Post Offices
If you need assistance from any government office, plan ahead to avoid inconvenience.
Mail and Package Delivery
USPS: There will be no mail delivery on Presidents’ Day, as all post offices will be closed.
FedEx & UPS: FedEx will offer modified services, meaning some deliveries may be delayed. UPS will continue to operate as normal.
Schools and Public Transportation
Schools: Most public schools will be closed for the holiday, though some districts may use the day for teacher training or make-up days. Private schools should be checked individually.
Public Transportation: Many cities reduce public transit service on federal holidays. If you rely on buses, subways, or trains, check your local transit authority’s website for updated schedules.
How Presidents’ Day Affects Employees
Not all employers observe Presidents’ Day. While federal and state employees get the day off, private sector employees may have to work as usual. Some companies offer employees a floating holiday option, allowing them to take off for Presidents’ Day or another occasion of their choice.
Whether you plan to take advantage of sales, enjoy the day off, or catch up on errands, knowing what’s open and closed can help you make the most of your holiday.
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