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

Many businesses are closing on Martin Luther King Jr. Day, which coincides with Donald Trump's inauguration. What you should know is as follows.

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)

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 MLK and other federal holidays. The City of Kansas City trash services are closed on MLK Day for trash pick up.

In Harlem, New York, while signing copies of his first book, “Stride Toward Freedom,” Izola Ware Curry stabbed King with a letter opener between his heart and lung. He was taken to Harlem Hospital where his physician, Dr. Aubré D. Maynard, said, “If you had sneezed, your aorta would have been punctured and you would have drowned in your own blood.”

As the nation pauses to remember Dr. Martin Luther King, Jr. and his legacy to the United States, the stock markets in the country will close for the day. The New York Stock Exchange will close for a long weekend after normal trading hours on Friday,

Two federal holidays are observed on Monday. Here's how banks, the DMV, government offices and stores will be impacted.

All federal and state courts and non-essential services will be closed on Monday, and the major banks — Bank of America, Capital One, Citibank, PNC, Wells Fargo and Truist — consider MLK Day to be a bank holiday, and will be closed.

A MLK Jr. Walk on Monday will provide an opportunity for reflection from the Heartland Conservation Alliance and KC Parks. It will begin at 9 a.m. at MLK Jr. Square Park at Woodland Avenue and Dr. Martin Luther King Jr. Boulevard in Kansas City, and end at the Bruce R. Watkins Cultural Heritage Center, 3700 Dr. Martin Luther King Jr. Blvd.

( MENAFN - Live Mint) Monday (January 20), marks Martin Luther King Jr. Day, a federal holiday that honors the civil rights leader. This year, the holiday coincides with President-elect Donald Trump's inauguration . While many businesses will close to observe MLK Day, others, including retail and grocery stores, will remain open.

Because there are two federal holidays Monday, you might want to check what's open before running your errands.