Many Americans take a break from their routine on the third Monday of February due to Presidents’ Day. This federal holiday, officially known as Washington’s Birthday, honors the first president of the United States, George Washington, whose actual birthday falls on February 22. Over time, the celebration has expanded to also recognize Abraham Lincoln, born on February 12, making it a day to honor American leadership. This year’s Presidents’ Day occurs on Monday, February 17, bringing about various closures and schedule changes across the country.
The financial sector will see a pause in operations as major stock exchanges like Nasdaq and the New York Stock Exchange will remain closed for the holiday. Most bank branches will not operate, with the exception of TD Bank, which maintains its regular hours. Nevertheless, online banking and ATM services continue to function, offering some financial flexibility.
In the retail landscape, most large retailers and grocery chains such as Walmart, Target, Kroger, and Costco plan to keep their doors open. However, it’s advisable to verify the operating hours of local retailers and eateries as schedules may vary.
The day also brings about closures in government services. Being a federal holiday, all levels of nonessential government offices will not operate. This includes DMVs, city halls, courthouses, and many public libraries. Likewise, the U.S. Postal Service will pause mail delivery services on Presidents’ Day.
Meanwhile, postal alternatives like UPS will function normally, and FedEx will offer services with some modifications. These adjustments ensure that despite the holiday, essential mail and deliveries continue to reach their destinations.
Presidents’ Day serves as a day of reflection and recognition of past American leaders, impacting various sectors’ operations. From financial institutions to retail and postal services, the holiday brings about a mix of closures and continued services. As Americans enjoy their day off, acknowledging the contributions of leaders like George Washington and Abraham Lincoln remains at the heart of the holiday.