Banks will be shutting down on January 20, Inauguration Day, because of the Martin Luther King Jr. Day holiday.

Martin Luther King Jr. Day, a federal holiday designated as a national day of service to encourage all Americans to volunteer and improve their communities, according to the National Museum of African American History and Culture.

The nation will honor Dr. Martin Luther King, Jr. on Monday as part of a National Day of Service to pay tribute to his legacy. The day is marked each year by a federal holiday when many businesses close.

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.

Martin Luther King Jr. Day is always celebrated on the third Monday in January. It also happens to be Inauguration Day, which is always held on January 20th per the U.S. Constitution. The two typically don’t coincide,

Monday is Martin Luther King Day. Here's what to know about the businesses and services that are closed for the holiday in Arizona.

Some businesses will be open and services will be available in New Jersey and the surrounding region on Martin Luther King Jr. Day 2025, but some will be closed

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

As the nation pauses to remember Dr. Martin Luther King, Jr. and his legacy to the United States, the stock markets in the country will close for the day. The New York Stock Exchange will close for a long weekend after normal trading hours on Friday,

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.

Bank of America, Capital One, Chase, Citibank and Wells Fargo will also be closed for MLK Day. Most local and Kansas City-based banks will also be closed on MLK and other federal holidays. The City of Kansas City trash services are closed on MLK Day for trash pick up.

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