Like all payroll companies, Patriot is subject to following the holiday schedule set by the Federal Reserve. When a bank holiday falls within a payroll week, you will need to add an extra day to your process.
If a holiday falls on a day other than your pay date, you will need to run payroll one day earlier than normal in order for employees to be paid on the scheduled pay date. Standard 4-Day will need to run payroll at least 5 days before the pay date. Prefunding will need to run payroll at least 2 days before the pay date.
If a holiday falls on a pay date, your employees will not get paid until the following banking day. To avoid this, you can pay your employees one day earlier. This means you will need to run payroll one day earlier.
For more details, see Direct Deposit Funding and Timing Options.
Holiday | 2026 Banking Holiday | 2027 Banking Holiday |
New Year's Day | Thursday, January 1 | Friday, January 1 |
Martin Luther King Jr. Day | Monday, January 19 | Monday, January 18 |
Presidents' Day | Monday, February 16 | Monday, February 15 |
Memorial Day | Monday, May 25 | Monday, May 31 |
Juneteenth National Independence Day | Friday, June 19 | Saturday, June 19 (no observed banking holiday) |
Independence Day | Saturday, July 4 (no observed banking holiday) | Monday, July 5 (observed) |
Labor Day | Monday, September 7 | Monday, September 6 |
Columbus Day | Monday, October 12 | Monday, October 11 |
Veterans Day | Wednesday, November 11 | Thursday, November 11 |
Thanksgiving Day | Thursday, November 26 | Thursday, November 25 |
Christmas Day | Friday, December 25 | Saturday, December 25 (no observed banking holiday) |
*When the Holiday falls on a Saturday, Federal Reserve Banks and Branches will be open the preceding Friday with no interruption to direct deposit timing.
** When the Holiday falls on a Sunday; Federal Reserve Banks and Branches will be closed the following Monday.
For further reading, see our blog article What Happens If a Payday Falls on a Bank Holiday?