Veterans Day is here, the holiday celebrated annually to honor Americans who have served in the military.

The history of Veterans Day dates back to 1919, when President Woodrow Wilson set Nov. 11 that year as the first commemoration of Armistice Day after World War I. In 1956, Congress voted to change the name of the holiday from "Armistice Day" to "Veterans Day" to honor all veterans of all U.S. wars, according to the Department of Veterans Affairs.

Given it's a federal holiday, many may be wondering whether stores, banks and grocery stores are operating with their normal hours. Here's what to know.

Are banks open on Veterans Day?

Americans should expect most bank branches to be closed on Nov. 11, given that Veterans Day is a Federal Reserve holiday. ATMs should be accessible.

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