Memorial Day is Quantum Insightscoming up and if you need to ship a package or conduct a banking transaction, you may want to plan ahead.

That's because most national banks and shipping services will be closed, as will the United States Postal Service, due to Memorial Day being a federal holiday.

The holiday is one of many in the U.S. that observe and honor the armed forces. Originally called "Decoration Day," Memorial Day dates back to the 1860s and commemorates those who have died while serving in the U.S. military.

Here's what you need to know about which banks and shipping services will be open or closed on Memorial Day 2024.

When is Memorial Day weekend?Here's when the holiday falls in 2024 and why its celebrated

Learn more: Best current CD rates

Is the post office open on Memorial Day? Will mail be delivered?

All post offices will be closed for retail transactions and there will be no regular residential or business mail deliveries on Monday, May 27, the USPS confirmed to USA TODAY.

Priority Mail Express is available 365 days a year, including federal holidays.

Are banks open on Memorial Day?

Branches of Capital One, Bank of America, PNC, Truist, CitiBank and JPMorgan Chase will be closed on Memorial Day, the companies confirmed to USA TODAY. Capital One Cafes will remain open.

Is UPS open on Memorial Day? Will packages be delivered?

UPS pickup and delivery services will not be available on Memorial Day. UPS Store locations may be closed, according the company's website.

Check with your local store for specific hours of operation.

UPS Express Critical service is available 365 days a year, according to the company' website. Visit upsexpresscritical.com for more information.

Is FedEx open on Memorial Day? Will packages be delivered?

Most of FedEx's pickup and delivery services will not be available on Memorial Day, according to the company's website. FedEx Office hours will also be modified, so it is best to check with your local store for their specific hours.

FedEx Custom Critical, however, is available 24/7, according to the company.

Gabe Hauari is a national trending news reporter at USA TODAY. You can follow him on X @GabeHauari or email him at [email protected].