Wednesday, January 1, is New Years Day 2025. Unlike New Years Eve, New Years Day is an official federal holiday, meaning most government offices and services will be closed. But what about banks, stock markets, and stores?Heres whats open and closed on New Years Day 2025.Are banks open on New Years Day?No. Most banks will be closed on New Years Day including major ones like Chase Bank and Bank of America. However, just because physical bank branches will be closed on New Years Day doesnt mean you cant access banking services. Online banking should still be available via the banks website and smartphone apps.Are ATMs open on New Years Day?Yes. Though banks will be closed, ATMs should be operarting as normal. But note that with New Years Eve celebrations and crowds last night, some ATMs could be out of cash.Is the post office open on New Years Day?No. New Years Day is a federal holiday, so the United States Postal Service (USPS) is not operating, and USPS stores will be closed.Is mail delivered on New Years Day?No. The USPS will not be making deliveries on New Years Day.Are FedEx and UPS operating on New Years Day?According to FedExs holiday schedule, most FedEx delivery services will be closed on New Years Day with the exception of its FedEx Custom Critical service.UPS says it will not be operating pickup or delivery services on New Years Day; however, its UPS Express Critical service is available.Is the stock market open on New Years Day?No. Major U.S. stock markets will be closed on New Years Day. This includes the New York Stock Exchange (NYSE) and the Nasdaq.Are schools open on New Years Day?No. Public schools and nearly all private schools will be closed on New Years Day.Are restaurants open on New Years Day?Many should be. Major chains like McDonalds, Burger King, Subway, and Chipotle should be open. However, note that some franchise locations could be closed.Many sit-down restaurants will be open, but its always best to call ahead to see if your favorite eatery is operating today.Are retail stores open on New Years Day?A majority of big-box retail stores will be open. These include major chains like Walmart and Target.Are pharmacies open on New Years Day?That depends on the pharmacy. As noted by USA Today, CVS pharmacies will be operating on New Years Day, but they may have reduced hours depending on location.Despite Walgreens stores being open, many of its pharmacies may be closed with the exception of its 24-hour locations and other select locations.Rite Aid pharmacies will be closed.Before going to a pharmacy, its best to call ahead to see if its open.Are grocery stores open on New Years Day?On New Years Day, many regional grocery store chains should be open; however, they may be operating with reduced hours.But a few big-name chains will be closed. Costco says it is closed on New Years Day, and Aldi says its stores are also closed on New Years Day.