Every year, Presidents Day is celebrated in honor of those who have held the office of U.S. president. This holiday originally marked the birthday of our first president, George Washington, and it is still recognized as Washington’s Birthday on the federal calendar. Falling on the third Monday of February, this year’s Presidents Day will take place on Feb. 19. As a result, many businesses, offices, and institutions will be closed. Here’s what you can expect:
Financial Markets Observance
The NYSE, Nasdaq, and bond markets will all be closed on Presidents Day. However, trading will resume as normal on Tuesday, Feb. 20.
Mail Delivery on Presidents Day
On Monday, the U.S. Postal Service (USPS) will not deliver mail. While FedEx will offer modified service, UPS operations will continue normally, with UPS store locations also remaining open.
Banking Services Availability
Banks are generally closed on Presidents Day. However, you can still access banking services through ATMs or your banking app.
Government Offices Closure
As a federal holiday, Presidents Day leads to the closure of nonessential federal government offices and, in most cases, state government offices as well.
Schools and Presidents Day
Schools are typically closed on Presidents Day, although some districts may choose to use it as a makeup day for weather-related closures. To be sure, it is best to check with your local school district for their policy.
Stores and Presidents Day Sales
On Presidents Day, most stores remain open for business. In fact, many take this opportunity to hold sales events. The biggest discount categories often include winter clothes, home decor, and fashion accessories, as revealed by RetailMeNot.
Presidents Day is a time to reflect on and appreciate the legacy of the U.S. presidents. While many industries and institutions observe the holiday by closing their doors, it also presents an excellent chance for consumers to seize great deals.