On Monday, Americans will pay tribute to the late civil-rights leader Martin Luther King Jr.
Martin Luther King Jr. Day commemorates the life and legacy of King, who was born on Jan. 15, 1929, and became a leading voice in the fight for racial justice. MLK Day, as the holiday is often called, was made a federal holiday in 1983 and was first observed in 1986.
The holiday is always celebrated on the third Monday in January, which this year falls on King’s actual birthday. Here’s what you can expect.
Stock and bond markets
U.S. stock exchanges will be closed Monday. Bond traders also get a long weekend, as bond markets will be closed on Monday, too.Â
Mail and packages
The U.S. Postal Service will not deliver mail on Monday. FedEx
FDX,
will offer modified service in certain instances. UPS
UPS,
 will not offer pickup or delivery service.
Banks
Banks are generally closed, according to GoBankingRates.com. Of course, you can still do transactions using an ATM or your banking app.
Government offices
Since MLK Day is a federal holiday, all nonessential federal government offices are closed. The same generally applies to state government offices.
Schools
Schools are typically closed on MLK Day, though there have been exceptions. It’s always best to check with your local school district.
Stores
Stores are likely to be open on MLK Day — and many use the occasion to promote sales.
This story originally appeared on Marketwatch
