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Bank Holidays Which May Affect Payroll Approval Timelines (2025-2027)

Holiday Payroll Schedule

As we approach the holiday season, we want to ensure everyone is prepared and informed about how holidays may impact payroll schedules.

To ensure smooth payroll processing, please note that Arcoro will not allow payroll to be processed with a payday that falls on a banking holiday, as funds cannot be moved on such dates. If your company’s payday coincides with a banking holiday, we recommend adjusting the payday to the preceding business day. For instance, if your company typically processes payroll on Thursdays, the check date for the week of Thanksgiving should be moved to Wednesday.

Payroll Processing Timelines

The following outlines how holidays can affect payroll processing periods and approval deadlines:

  • A standard 3-day processing period typically means approvals are completed by Tuesday for a Friday payday. If Friday is a holiday, the check date will be moved to Thursday.
  • In such cases, the approval deadline would normally shift to the preceding Monday. However, Arcoro will shorten the approval window to accommodate the holiday while maintaining a smooth approval process.

Banking Holidays

Please be aware of the following dates, which are recognized as banking holidays and may affect your payroll schedule.

Holiday 2025 2026 2027
New Year's Day January 1 January 1 January 1
Martin Luther King Jr. Day January 20 January 19 January 18
Presidents Day February 17 February 16 February 15
Memorial Day May 26 May 25 May 31
Juneteenth Day June 19 June 19 June 19*
Independence Day July 4 July 4* July 4**
Labor Day September 1 September 7 September 6
Columbus Day October 13 October 12 October 11
Veterans Day November 11 November 11 November 11
Thanksgiving November 27 November 26 November 25
Christmas December 25 December 25 December 25*

*For holidays falling on a Saturday, Federal Reserve Banks and Branches will be open the preceding Friday. For holidays falling on a Sunday, all Federal Reserve Banks and Branches will be closed the following Monday.

For reference – Federal Reserve Bank Holidays schedule:

Bank Holidays 2025-2029.png

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