Are banks open on Good Friday in 2024? That's a question plenty of folks are asking just ahead of the holiday that precedes Easter Sunday. The answer is yes, banks are open on Good Friday.
While Good Friday is not a bank holiday, it is one of several stock market holidays in 2024. So for those wondering "Is the stock market open on Good Friday," the answer to that question is no. Bond traders also get the day off, though their weekend starts even earlier. Specifically, bond markets will be closed starting at 2 pm Eastern on Thursday, March 28, for Maundy Thursday.
For those 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.
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Considering it is tax season, folks who find themselves with extra time over the Easter holiday weekend could use it to give their taxes a final look. Kiplinger has a wide array of tax preparation information, including details about tax extensions, tax credits and capital gains tax rates.
Below, we feature a full schedule of all U.S. bank holidays for 2024. Please note that the list includes Juneteenth – the June 19 holiday commemorating the end of slavery – which became the 11th federal holiday by vote of Congress in 2021.
2024 bank holidays
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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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FAQs
Good Friday is not a federal holiday, so banks in most states will be open. Twelve states, however, recognize Good Friday as a state holiday, so branches in Connecticut, Texas, Delaware, Hawaii, Indiana, Tennessee, Florida, Kentucky, Louisiana, New Jersey, North Carolina and North Dakota could be closed.
Is Good Friday still a bank holiday? ›
Is Good Friday a bank holiday? Good Friday is a recognised bank holiday. However, keep in mind that employers do not have to give employees bank or public holidays as paid leave.
Is Good Friday a bank holiday in the US? ›
The answer is yes, banks are open on Good Friday. While Good Friday is not a bank holiday, it is one of several stock market holidays in 2024.
Can money go in your bank on Good Friday? ›
This is because banks closed on those days – meaning you couldn't receive or send any bank transfers. However, you could still use an ATM or pay for goods and services using your bank card.
Why is Easter Monday a bank holiday? ›
The tradition of having a holiday on the Monday after Easter stems from the medieval festival of Hocktide. This was a two day festival on the Monday and Tuesday after Easter, originating in the eleventh century.
Is Easter Monday a federal holiday? ›
In the United States, Easter Monday is not a federal holiday and there are few national observances apart from traditions such as the White House Easter egg roll. On a local level, the day is informally observed in some areas such as the state of North Dakota, and some cities in New York, Michigan, and Indiana.
Are supermarkets open on Good Friday 2024? ›
Most stores are set to open on Good Friday and Easter Saturday between 7am and 10pm. All stores will be closed on Easter Sunday, however, in both England and Wales. The majority of outlets should be open as normal on Monday, likely between 8am and 8pm.
Why is it called Good Friday? ›
"That terrible Friday has been called Good Friday because it led to the Resurrection of Jesus and his victory over death and sin and the celebration of Easter, the very pinnacle of Christian celebrations," the Huffington Post reported.
Is May 1st a bank holiday? ›
The early May bank holiday on the first Monday in May was created in 1978; May Day itself – 1 May – is not a public holiday in England (unless it falls on a Monday).
Are banks closed Monday after Easter in the USA? ›
**For holidays falling on Sunday, Federal Reserve Banks and Branches will be closed the following Monday.
It marks the second day of Eastertide in Christian traditions. Many people celebrate it as a continuation of Easter festivities. In some countries, it's a public holiday, giving families time to relax and enjoy spring activities.
Which states recognize Good Friday as a holiday? ›
Good Friday is currently recognized as a state or government holiday in 12 states: Connecticut, Delaware, Florida, Hawaii, Indiana, Kentucky, Louisiana, New Jersey, North Carolina, North Dakota, Tennessee and Texas.
Do banks process on Good Friday? ›
Good Friday is not recognized as a federal holiday, so banks typically continue to process payments as usual.
Will my direct deposit hit on Good Friday? ›
If banks are closed for a holiday or the weekend, they cannot process or transfer funds on your intended payroll date. Most banks and credit unions will be closed. As a result, many of them will pause all types of payment processing when closed during those times.
Will a Direct Debit go out on Good Friday? ›
Where your due date falls on the weekend or a Bank Holiday, your payment will be processed on the next working day via Direct Debit. For example, should your payment due date fall on Good Friday your payment will taken via Direct Debit on the following Tuesday (Next working day).
Does Bank of America work on Good Friday? ›
Banks follow the Federal Reserve's holiday calendar, which does not recognize Good Friday as a holiday, so most banking institutions in the US, including banks such as Capital One, Bank of America, CitiBank and JPMorgan Chase, will be open during their usual hours.
Is the post office closed on Good Friday? ›
No. Unlike Christmas, another religious holiday that is also a federal holiday, Good Friday is not a federal holiday. That means federal government offices don't automatically close on the day.
Are banks and stock market open on Good Friday? ›
Markets do not operate during the weekend. Sometimes, if a holiday falls on a weekend, stock markets will close on the Friday prior to the holiday, as is often the case with Good Friday and Easter.
Are banks in Maryland closed on Good Friday? ›
Because of the holiday, some banks, government offices and schools in Maryland also will close their doors or shorten their hours. Good Friday is not a federal holiday, and many people will be scheduled to work regular hours on Friday.