The Veteran’s Day of the current year is here. The people across the United States are ready to celebrate the sacrifice and honors of the men served in the uniform on the 11th of November. People often confused the day with Memorial Day. Memorial Day observed in late May across the country, which honors the died soldiers while serving in the armed forces.
Several organizations are fully or partially closed on the occasion of Veteran’s Day. Here is everything you need to know about the current status of markets and organizations on Veteran Day.
Current Status of Different Important Institutions
Veterans Day is a federal holiday in the United States. It started way back in 1926 to remember the sacrifices made by the veterans for the younger generation. Except for Wisconsin, all the other states observe this great day. The mail services will be closed on Veterans Day, though UPS and FedEx are providing delivery services at limited locations in the country.
As Veterans Day is a federal holiday, the postal services across the United States will be closed on Monday. But, self-service kiosks are available in limited locations. The Stock market will not be closed on the day, though the Stock market follows the federal holiday’s schedule but remains open on Columbus Day and Veterans Day.
Most of the banks across the United States will be closed, owing to the federal holiday in the United States. Bank of America, Chase, PNC Bank, Citibank, Wells Fargo, and other banks declared a holiday well in advance. TD Bank is the only major bank to remains open on Veterans Day. Most of the restaurants and stores will remain open, but they might reduce their working hours.
The Veterans Day parade will start from noon in New York on the 11th of November. Thanksgiving Day on the 28th of November will be the next federal holiday in the country.