Federal and Bank Holiday Schedule
Direct deposit transactions need two business days from the time payroll is processed to the time the funds show up in the employee’s bank account. Normally, if payday is on the 15th, then you would authorize payroll on the 13th. If either the 13th, 14th or 15th is a banking holiday, then you would need to authorize payroll on the 12th to ensure the employees are paid without a delay.
Please find below a listing of banking holidays. Please confirm with your bank representative if you have any additional holidays days or banking holiday questions.
|New Year’s Day||January 1||January 1||January 2**||January 1|
|Martin Luther King Jr.’s Birthday||January 19||January 18||January 16||January 15|
|Washington’s Birthday / President’s Day||February 16||February 15||February 20||February 19|
|Memorial Day||May 25||May 30||May 29||May 28|
|Independence Day||July 4*||July 4||July 4||July 4|
|Labor Day||September 7||September 5||September 4||September 3|
|Columbus Day||October 12||October 10||October 9||October 8|
|November 11||November 11||November 11*||November 12**|
Clergy Financial Resources closed. Allow an extra 24-48 hours for direct deposit.
|November 26||November 24||November 23||November 22|
Process any year-end adjustments with us before December 28, 2015.
|December 25||December 26**||December 25||December 25|
*Falls on a Saturday, not observed
**Falls on a Sunday, observed on Monday