Yes. Banks are open on New Year’s Eve, because December 31 is not a Federal Reserve holiday, so direct deposits and ACH payments settle as normal. Some branches close early. New Year’s Day itself is a bank holiday. 70 days until .
- Banks: open; most follow the Federal Reserve schedule, but each bank sets its own hours, so check your branch.
- Federal Reserve, FedACH and Fedwire: Yes. is a business day for United States (Federal Reserve and banks).
- USPS: open. New Year’s Eve is not a postal holiday; post offices are open and mail is delivered.
- UPS and FedEx: they set their own holiday schedules, separate from banks and USPS; check with the carrier before you ship.
- NYSE and Nasdaq: Yes. is a business day for NYSE and Nasdaq (stock market).
- Bond market: for Thursday, December 31, 2026, SIFMA recommends an early close at 2:00 pm ET.
- Federal offices (OPM): Yes. is a business day for United States (federal).
- Is it a business day? Yes for banks and the stock market in 2026 and 2027. Business days here are Monday to Friday minus the holidays of the calendar named in each line.
The 2027 twist: New Year’s Day 2028 is a Saturday, so federal employees get Friday, December 31, 2027 off. The Federal Reserve Banks, most banks and the NYSE all stay open that day.
What’s open and closed on New Year’s Eve 2026, 2027 and 2028
Each line is worked out from the official holiday calendar of the institution named: OPM for federal offices, the Federal Reserve for banks and the NYSE for stocks.
New Year’s Eve 2026 (Thursday)
- Banks and the Fed: Yes. is a business day for United States (Federal Reserve and banks).
- Stock market: Yes. is a business day for NYSE and Nasdaq (stock market). The NYSE trades a full day; it has no early close on December 31, 2026.
- Federal offices: Yes. is a business day for United States (federal).
New Year’s Eve 2027 (Friday)
- Banks and the Fed: Yes. is a business day for United States (Federal Reserve and banks). The Board of Governors is closed, but the Reserve Banks that run FedACH and Fedwire are open.
- Stock market: Yes. is a business day for NYSE and Nasdaq (stock market).
- Federal offices: No. is not a business day for United States (federal): New Year's Day (observed), for the holiday on .
- USPS and the bond market: USPS and SIFMA have not published their 2027 schedules yet. We will add them when they do.
New Year’s Eve 2028 (Sunday)
No. is a Sunday, so it is not a business day. New Year’s Day 2029 is a Monday, so that Monday is the day off.
Why December 31, 2027 splits the calendar
When a federal holiday falls on a Saturday, federal employees get the Friday before off. That is the rule in OPM’s federal holiday list, which shows New Year’s Day 2028 as Friday, December 31, 2027.
The Federal Reserve handles it differently. Its holiday schedule says: “For holidays falling on Saturday, Federal Reserve Banks and Branches will be open the preceding Friday; however, the Board of Governors will be closed.” It lists December 31, 2027 as one of those Fridays. So FedACH and Fedwire run, and banks that follow the Fed are open.
The NYSE normally closes on the Friday before a Saturday holiday, but not when that Friday ends a monthly or yearly accounting period, and December 31 ends both. Its calendar lists no New Year’s Day holiday for 2028, so the market trades on December 31, 2027. The result is a day when a federal office, a passport agency or a court may be shut while your bank, your payroll and the stock market are working.
Direct deposit and payday at the turn of the year
New Year’s Eve is a Fed business day, so ACH payments and direct deposits settle on December 31. New Year’s Day is not (when it falls on a weekday), so a payday that lands on January 1 is usually moved to the business day before, which is December 31. For example, January 1, 2027 is a Friday and a Fed holiday, so a Friday payroll is normally paid on Thursday, December 31, 2026. Your employer decides the exact date.
- Last bank business day of the year: 1 business day before is , excluding United States (Federal Reserve and banks) holidays.
- First bank business day of the new year: 1 business day after is , excluding United States (Federal Reserve and banks) holidays.
Checks and mobile deposits made after your bank’s cut-off on December 31 are usually credited on the next business day. To count business days across New Year, use the business days calculator or see how many business days are left this year.
Is there mail on New Year’s Eve?
Yes. USPS treats December 31 as a normal day: post offices are open and mail is delivered (USPS confirmed this for December 31, 2025). There is no regular mail on New Year’s Day. Local hours vary, so check usps.com. UPS and FedEx set their own holiday schedules; check the UPS and FedEx sites for New Year’s Eve pickup times.
Is the stock market open on New Year’s Eve?
Yes, for a full trading day in both 2026 and 2027, according to the NYSE. The bond market is different: SIFMA recommends a 2:00 pm ET early close on Thursday, December 31, 2026. See all stock market holidays for the year.
Observed-date rules for New Year’s Day
| Who | New Year’s Day on a Saturday | New Year’s Day on a Sunday |
|---|---|---|
| Federal offices (OPM) | Day off on Friday, December 31 | Day off on Monday, January 2 |
| Federal Reserve Banks and most banks | Reserve Banks open on Friday, December 31 (Board of Governors closed) | Closed on Monday, January 2 |
| NYSE and Nasdaq | Open on Friday, December 31; no holiday observed | Closed on Monday, January 2 |
New Year’s Eve FAQ
Is New Year’s Eve a bank holiday?
No. December 31 is not on the Federal Reserve holiday schedule. Banks are open, though some branches close early. In 2027 federal offices are closed on December 31, but the Fed and most banks are open.
Is New Year’s Eve a business day?
For banks: Yes. is a business day for United States (Federal Reserve and banks). For federal offices: Yes. is a business day for United States (federal).
Is there mail on New Year’s Eve?
Yes. Post offices are open and mail is delivered on December 31. USPS closes on New Year’s Day.
Is the stock market open on New Year’s Eve 2027?
Yes. The NYSE trades a full day on Friday, December 31, 2027 and observes no New Year’s Day holiday in 2028, because January 1 is a Saturday.
More holiday answers
- All holidays: what’s open and closed
- Are banks open on New Year’s Day?
- Are banks open on Christmas Eve?
- Business days until the end of the year
- US federal holidays 2025–2030
- Business days calculator
Sources, last checked October 21, 2026: Federal Reserve holiday schedules (frbservices.org) and federalreserve.gov; OPM federal holidays; NYSE holidays and trading hours; SIFMA holiday schedule; about.usps.com; ups.com; fedex.com.