Many Americans will see changes to their schedules on Monday as Presidents Day is observed nationwide, bringing closures to government offices, banks, and financial markets — while most major retailers remain open.

The federal holiday, officially known as Washington’s Birthday, honors the nation’s first president, George Washington. Over time, it has become informally known as Presidents Day, with many also viewing it as a day to recognize Abraham Lincoln, whose birthday falls on February 12.

All federal and state government offices will be closed on Monday. Most courts will also be shut, and many public schools will not hold classes, though schedules can vary by district. Residents with government business are encouraged to plan ahead, as services will resume on Tuesday.

U.S. banks are closed for the holiday, and stock markets will not operate on Monday. Both banking services and trading are scheduled to resume their regular hours on Tuesday.

Unlike many federal holidays, Presidents Day does not bring widespread retail closures. Most major stores, shopping centers, and private businesses will remain open, often featuring holiday sales and promotions. However, hours may vary by location, and customers are advised to check with individual stores before visiting.

Because local schedules and private business hours can differ, officials recommend checking online listings or calling ahead before heading out.