Is the USPS open on Columbus Day and Indigenous Peoples’ Day? Are banks shut down? What you should know is as follows.
Columbus Day and Indigenous Peoples’ Day both fall on Monday. Here is a list of the holiday hours of operation and closings.
This Monday has a lot of closures that you should be aware of.
Columbus Day is celebrated on October 9 and has been a government holiday since 1937. However, several governments and communities have renamed the festival Indigenous Peoples’ Day to draw attention to the losses endured by Native Americans when Europeans colonized the continent, even though the day has long been observed as the anniversary of the arrival of explorer Christopher Columbus in North America. In 2021, President Joe Biden became the first American leader in office to observe Indigenous Peoples’ Day.
Therefore, MarketWatch has the answers to your questions about whether banks, post offices, federal offices, the stock market, and whether or not schools will be in session on Monday. What you should know is as follows.
Do stock markets operate on holidays?
Yes, U.S. stock markets, including the NASDAQ and the New York Stock Exchange, will be open and operate as usual on Monday.
But as MarketWatch’s Joy Wiltermuth tells, the bond markets will be closed, which may be a larger concern on Wall Street.
The stock market will be open on Monday in observance of Columbus Day and Indigenous Peoples Day.
Are banks going to be open on Columbus Day?
Not a lot of banks will be open. As almost all banks adhere to the Fed’s holiday schedule, all Federal Reserve banks and their branches will be closed on Monday. But to be sure, check with the branch of your neighborhood bank.
Naturally, all bank ATMs will continue to function normally, and online and mobile access to digital banking services like fund transfers and check deposits will remain possible.
On Columbus Day, will the United States Postal Service deliver mail?
No, there will be no regular mail delivery or packages on Monday and post offices will be closed.
However, some USPS services, like the ability to order stamps, boxes, and other mail supplies, as well as print shipping labels or schedule package pickups for after the holiday, may still be accessible online. A USPS.com account is required for customers who are interested in those services.
On Columbus Day, are UPS and FedEx operational?
The physical locations of UPS Store (UPS) and FedEx Office (FDX) will continue to run normally. FedEx Express and FedEx Ground Economy are two possible modified shipment options.
Are there classes on Columbus Day?
Perhaps, perhaps not. Depending on the state and school district, kindergarten through 12th grade schools may be closed. For instance, schools are closed in New York and Massachusetts, yet they are open in Florida. Private institutions may observe holidays differently from public schools, so make sure to confirm this with your school’s administrative office.
Is Columbus Day a business day for the Department of Motor Vehicles?
The availability of state motor vehicle service facilities differs from state to state as well. The DMV offices in New York will be closed, but those in Florida will be open. Consult your local DMV to find out.
How about shops and dining establishments?
On Monday, the majority of chain, grocery, and retail stores should be open as usual. Although certain retailers, like Target and Nike for Juneteenth, have occasionally declared a federal holiday their own company holiday, most seem to be open on Monday. To be sure, confirm with the shops in your area.
— Weston Blasi
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