Today is Election Day 2024, and in addition to heading to the nearest polling station give your voteYou may have a few more things planned for Tuesday, November 5th.

if you are doing financial transaction Among these, you may be wondering whether banks are open on election day. As a result, some government institutions, courts and businesses were closed Election Day Giving employees time to vote.

an important number of schools Many across the country are also closed for the day, as they serve as polling places for local towns and cities.

What about financial institutions? Will your credit union or bank be open on Election Day?

Here’s everything you need to know about Election Day bank hours ahead of Tuesday.

Are banks open on Election Day 2024?

According to the Federal Reserve, there are 11 federal holidays each year when banks and other financial institutions are closed. They include:

• New Year’s Day
• Martin Luther King Jr. day
• Presidents Day
• Remembrance Day
• Juneteenth
• Independence Day
• Labor Day
• Columbus Day/Indigenous Peoples Day
• Veterans Day
• Thanksgiving
• Christmas

Since Election Day is not a designated federal holiday, this means that the majority of banks and financial institutions, including Chase, Bank of America, Wells Fargo, and others, will be conducting business as usual (during regular business hours) on Tuesday, November 5th. other major institutions.

However, some smaller banks or local credit unions may hold special hours or close due to Election Day; This means it’s not a bad idea to double-check your bank’s business hours beforehand.

Is the stock market open on Election Day 2024?

Like the majority of banks and other financial institutions, the US stock market will be open and trading will occur as usual on Tuesday, November 5.

If you’re wondering what days the stock market closes each year, it’s slightly different from the federal holiday schedule. See below for a list of dates when the US stock market is closed or closes early.

• New Year’s Day
• Martin Luther King Jr. day
• Presidents Day
• Happy Friday
• Remembrance Day
• Juneteenth
• July 3 (early closing at 13:00)
• Independence Day
• Labor Day
• Thanksgiving
• Boxing Day (early closing at 1 p.m.)
• Christmas Eve (early closing at 13:00)
• Christmas