Is Martin Luther King Day a bank holiday?

Holiday* Martin Luther King Jr. Day
2021 January 18
2022 January 17
2023 January 16
2024 January 15

Is Martin Luther King Jr Day a bank holiday?

U.S. stock markets and most banks will be closed Monday in observance of Martin Luther King Jr. Day. Unlike with some other federal holidays, national retailers and restaurant chains will be open.

Is Wells Fargo Bank Open on Martin Luther King Day?

Do not assume if another bank is closed that every bank is closed. If the holiday is not listed below, Wells Fargo Bank will not be closed for that holiday.

2021 Wells Fargo Holidays.

Jan 1 Jan 18
New Year’s Day Martin Luther King Day
Friday Monday
Closed Closed

Does mail run on Martin Luther King Day?

There will be no mail delivery on Martin Luther King Jr. Day. FedEx and UPS will be delivering, however. FedEx Express and FedEx SmartPost will be on a modified service schedule.

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Why is MLK Day on January 20th?

This day was established to honor the life and legacy of Dr. King, and to encourage all Americans to volunteer to improve their communities. Americans celebrated the first official Martin Luther King Day, which is the only federal holiday commemorating an African-American, on Monday, January 20, 1986.

Are banks closed on federal holidays?

By law, five of the 10 Federal Reserve holidays — Martin Luther King Jr. Day; Washington’s Birthday, or Presidents’ Day; Memorial Day; Labor Day; and Columbus Day — always take place on a Monday. … If a holiday falls on a Saturday, the Fed does not observe it on the Friday before.

Is the stock market open on Martin Luther King Day?

No. Both the New York Stock Exchange (NYSE) and Nasdaq will be closed on Monday, Jan. 18, in observance of Martin Luther King Jr. Day.

Is Wells Fargo a good bank?

Is Wells Fargo a good bank? Wells Fargo is comparable to other national banks in that it has similar features: large ATM and branch networks, low savings rates and high overdraft fees. It can be convenient to bank at Wells Fargo, especially if you have a mortgage or other account there.

Do most companies have Martin Luther King Day off?

Martin Luther King Jr. Day is a federal holiday. Though many companies and organizations opt to give their employees the day off, it isn’t mandatory for most workplaces to follow this protocol. … According to Bloomberg Law, 42 percent of employers in the United States gave employees the day off in 2018.

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What is celebrated on Martin Luther King Day?

Martin Luther King, Jr., Day is usually celebrated with marches and parades and with speeches by civil rights leaders and politicians. Individuals and organizations also undertake volunteer efforts in support of what is often called the MLK Day of Service.

Does UPS work on MLK Day?

Martin Luther King Jr.

UPS® pickup and delivery services are available. Note that UPS SurePost® and UPS Mail Innovations® deliveries will require one additional business day’s time in transit due to the Federal (USPS) holiday. The UPS Store® locations are open. UPS Freight® services are available.

Why did Arizona not recognize MLK Day?

Governor Bruce Babbitt declared Martin Luther King Jr. Day an Arizona holiday in March 18, 1986, but his proclamation was repealed by Governor Mecham in 1987 on the grounds Babbitt did not have the authority to declare such a holiday.

Is January 20th a federal holiday?

Federal employees in the Washington, DC area are entitled to a holiday on the day a President is inaugurated, January 20 for each fourth year after 1965.

2025.

Date Holiday
Monday, January 20 Birthday of Martin Luther King, Jr.
Monday, January 20* Inauguration Day
Monday, February 17** Washington’s Birthday

Why MLK Day is important?

Martin Luther King Day honors the life of a fighter for racial justice and equality. It celebrates this equality in a society that he dreamed to become color-blind. He stood up to make a difference for every race. His words spoke for every nationality, to feel no segregation.

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