Are banks open on Martin Luther King Day?

Are banks open on Martin Luther King Day?

Louisville : KY : USA | Jan 17, 2011 at 7:36 AM PST
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Today is Martin Luther King day: a national holiday on which the banks are closed

The third Monday of every January is commemorated as Martin Luther King Day. President Ronal Reagan proclaimed the third Monday of every January as Martin Luther King Day, and this was done in 1983 - exactly 15 years after Martin Luther King was assassinated.

Even though Martin Luther King Day is a national holiday, a lot of people still wonder whether banks will be open or closed on this day. All the banks will be closed on Martin Luther King Day which means that all your money transactions will be held up for a day.

Apart from the banks, the stock markets are also closed on MLK Monday.

Samantha86 is based in New York City, New York, United States of America, and is an Anchor on Allvoices.
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