Banking Holiday
I would like to remind you Presidents’ Day, on Monday, February 19, 2024, is a bank holiday. The Federal Reserve will be closed.
To ensure timely employee direct deposits, it is recommended you accept and approve your payroll 72 business hours prior to pay date and no later than 2:30 p.m. Eastern Time. Payrolls processed less than 72 hours prior to pay date could experience late funding of employee direct deposits and tax deposits, and a delay in the delivery of your payroll package.
To prevent a delay in the posting of the direct deposit transactions to your employees' accounts, it is very important you review your payroll processing schedule prior to submitting your payroll.
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