Veterans Day is observed on November 11 every year. It is considered a special occasion in the United States. This day is celebrated to present a tribute to all those men & women who served & sacrificed their lives for humanity in the military. It’s a day to honor those sacred personalities. In this article, we’ll talk about the history & significance of this day. We will also describe how Veterans Day will be celebrated in 2023.
Understanding Veterans Day:
Veterans Day is originally known as “Armistice Day,”. It was established to commemorate the end of World War I. The armistice was signed on November 11, 1918,. This was a momentous event in history. In 1938, Armistice Day was officially recognized as a holiday to honor the veterans of World War I. It was a day to remember the brave souls who fought valiantly.
Change of Name?
In 1954 “Armistice Day” was changed to “Veterans Day”. The purpose behind the change of name was to extend the honor to all veterans who have served in the American military. This change emphasized the importance of acknowledging the sacrifices made by veterans from all wars, past and present.
When Will We Observe Veterans Day in 2023?
This year, Veterans Day is going to be observed on a Saturday. While the official date is November 11, it will be observed on Friday, November 10. The purpose behind observing this day is to ensure that federal employees and various government services can pay their respects and show their gratitude to our veterans.
Difference Between Veterans Day and Memorial Day:
Veterans Day and Memorial Day are often compared. People mostly mix them up. But they are for different purposes. Memorial Day is observed on the last Monday of May each year. It is dedicated to those honorable persons who served and gave their lives for their country. In contrast, Veterans Day, in November, is a day to pay tribute to all veterans, both living and deceased, who have served in any wars.
How People Celebrate:
On Veterans Day, people all over the country come together to celebrate and show their appreciation for veterans. Many people attend local parades, where they can witness the proud veterans who have served their nation. It’s also a time to visit veteran-owned businesses and support those who have served.
Banks & the Stock Market:
An important thing to know about Veterans Day is that most of the banks remain closed on this day. Because it is a federal holiday & banks mostly follow a federal holiday schedule banks are closed on this day. Besides this stock market remains closed on Veterans Day since it is observed in Autumn on a Saturday in 2023. According to Eastern time, regular trading hours for the Nasdaq Stock Market and the New York Stock Exchange (NYSE) are from 9:30 am to 4:00 pm , Monday through Friday.
Veterans Day 2023: Supporting Our Veterans:
When we celebrate Veterans Day, it’s mandatory to remember the support and benefits provided to our veterans. The U.S. Department of Veterans Affairs (VA) offers various benefits. These advantages include a clothing allowance, to assist veterans in their everyday lives. Besides this special programs are designed to help service members facing financial challenges, such as those called to active duty whose compensation could be impacted while they are away.
Schedule of U.S. Bank Holidays for 2023:
If you want to know about other U.S. bank holidays in 2023, here’s a full schedule to help you plan your year. It’s important to stay informed about when banks are closed to ensure your financial activities are not disrupted.
| Date | Day | Holiday |
| January 2, 2023 | Monday | New Year’s Day |
| January 16, 2023 | Monday | Martin Luther King Jr. Day |
| February 20, 2023 | Monday | Presidents’ Day |
| May 29, 2023 | Monday | Memorial Day |
| June 19, 2023 | Monday | Juneteenth |
| July 4, 2023 | Tuesday | Independence Day |
| September 4, 2023 | Monday | Labor Day |
| October 9, 2023 | Monday | Columbus Day |
| November 11, 2023 | Saturday | Veterans Day |
| November 23, 2023 | Thursday | Thanksgiving Day |
| December 25, 2023 | Monday | Christmas Day |
Veterans Day is a Day to Remember and Honor. It’s a time for all of us to come together and express our gratitude to the veterans who have dedicated their lives to serving our country. While banks may be closed, the hearts of the American people are wide open, showing their respect and appreciation for the heroes who have protected our freedom. So, mark your calendar for November 10, 2023, and join the nation in honoring our veterans on Veterans Day.
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