Banks will be shutting down on January 20, Inauguration Day, because of the Martin Luther King Jr. Day holiday.

Will banks, post offices and shipping services be open on MLK Day? Here's what you need to know for Monday, Jan. 20.

This Monday, January 20, is a federal holiday, commemorating the birthday of Martin Luther King Jr. The day will result in a number of closures. This year, the holiday falls on the same day as President-elect Donald Trump’s inauguration.

Martin Luther King Jr. Day is on Monday, Jan. 20, 2025. Since it's a federal holiday, some businesses and services may be closed. Here's what to know.

The nation will honor Dr. Martin Luther King, Jr. on Monday as part of a National Day of Service to pay tribute to his legacy. The day is marked each year by a federal holiday when many businesses close.

The United States is paying tribute to Dr. Martin Luther King Jr's legacy the same day a new president was inaugurated.

The life and legacy of Dr. Martin Luther King Jr. will once again be celebrated and honored Monday in events around the nation.

The convergence of Martin Luther King Jr. Day and Trump's inauguration on January 20, 2025, will see closures of banks and stock markets and more. Joe Raedle/Getty Images/AFP (Photo by JOE RAEDLE / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)

On the third Monday of the month, federal, state and local governments, institutions and various industries recognize Martin Luther King Jr. Day.

Monday is Martin Luther King Day. Here's what to know about the businesses and services that are closed for the holiday in Arizona.

Bank of America, Capital One, Chase, Citibank and Wells Fargo will also be closed for MLK Day. Most local and Kansas City-based banks will also be closed on Monday, as well as other federal holidays.

Here are a list of events that honor civil rights icon Dr. Martin Luther King Jr., and his legacy, in and around Baltimore.