See below for details on whether or not banks, credit unions and U.S. stock markets will be open on Monday, Jan. 20, 2025. As with most federal holidays, a majority of banks and other financial institutions will be closed on Martin Luther King Jr. Day and won't reopen until Tuesday, Jan. 21.

Inauguration Day and Martin Luther King Jr. Day collide Monday in a rare occurrence. The big picture: Stock markets, banks, many schools and the U.S. Postal Service are closed for the federal holiday,

Will banks, post offices and shipping services be open on MLK Day? Here's what you need to know for Monday, Jan. 20.

Martin Luther King Jr. Day on January 20 coincides with Trump’s inauguration. Government offices, postal services, and financial institutions will be closed, but retailers like Costco, Walmart, and Target will remain open.

The life and legacy of Dr. Martin Luther King Jr. will once again be celebrated and honored Monday in events around the nation.

The convergence of Martin Luther King Jr. Day and Trump's inauguration on January 20, 2025, will see closures of banks and stock markets and more. Joe Raedle/Getty Images/AFP (Photo by JOE RAEDLE / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)

Here are a list of events that honor civil rights icon Dr. Martin Luther King Jr., and his legacy, in and around Baltimore.

In Harlem, New York, while signing copies of his first book, “Stride Toward Freedom,” Izola Ware Curry stabbed King with a letter opener between his heart and lung. He was taken to Harlem Hospital where his physician, Dr. Aubré D. Maynard, said, “If you had sneezed, your aorta would have been punctured and you would have drowned in your own blood.”

"While others were advocating for freedom by 'any means necessary,' including violence, Martin Luther King Jr. used the power of words and acts of nonviolent resistance, such as protests, grassroots organizing, and civil disobedience to achieve seemingly impossible goals," according to The King Center.

Monday, January 20, 2025, brings a rare confluence of two significant events: Martin Luther King Jr. Day, a federal holiday honouring the civil rights leader’s enduring legacy, and inauguration day when President-elect Donald Trump will be sworn in as the 47th president of the United States.

Here's what's open and closed on Martin Luther King Jr. Day 2025.