Are banks, the USPS and stock market open on Columbus Day? Here is what to know. - CBS News
Columbus Day, also recognized as Indigenous Peoples Day, results in closures for federal offices and the USPS, while the stock market remains open. Banking and retail operations vary by institution and company policy.
Why it matters
Understanding holiday schedules is essential for consumers and businesses to manage financial transactions and service expectations.
Columbus Day, also known as Indigenous Peoples Day, may be an official federal holiday, but it's not consistently observed across the U.S., according to the Pew Research Center.Falling on the second Monday in October, the holiday creates a three-day weekend for workers whose employers observe it, including federal employees and some state workers, Pew found.But a push to shift recognition away from explorer Christopher Columbus and instead honor North America's original inhabitants means the holiday isn't as widely observed as it once was. Since Oct. 12 is a federal holiday, some services and businesses will be closed. Here's what to know about what is open and closed on Columbus Day/Indigenous Peoples Day. Is today a federal holiday? Yes, Monday, Oct. 12, is a federal holiday, which means that U.S. government offices will be closed and federal workers have the day off.
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