Since most banks observe Federal holidays they are typically closed on Veteran’s Day; however, the US stock markets are open.
Who Appreciates Veteran’s Day and Who Remains Open
November the 11th is known as Veteran’s Day in the United States. A National day set aside that honors all Americans that served in the various Military forces.
The special day was introduced as Armistice Day in 1919 on November 11th as a means of marking the end of the disastrous First World War by then President Woodrow Wilson.
Allied Nations sat down with the German nation and signed an Armistice ceasefire on November 11th, 1918 on the 11th hour.
However, the war was still going on for seven more months until the two parties (Allied nations and Germany) met and signed the Treaty of Versailles in France on June 28, 1919.
June 4, 1926
On this day, Congress sat in session and passed a resolution that asked serving President Calvin Coolidge to issue a proclamation that will declare November 11 as a holiday set aside for marking World Peace after the brutal World War.
In 1954, President Dwight Eisenhower signed a bill into law which saw Congress vote to change the name Armistice to Veterans Day. Below we feature a table of institutions and places that will close down on this day and those that will remain open.
Open | Closed |
New York and Nasdaq Stock Exchange | Federal Offices |
FedEx | State Offices |
UPS | Banking Institutions |
ABC Stores | Postal Services and Offices |
Grocery Stores (Call for hours though) | Federal, State and Local Courts |
Malls (Call for hours) | A Majority of Municipalities |
Alabama State Parks (Vets get free pass) | A Majority of Libraries |
Huntsville Public Transportation |