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President's Day - Holiday bank closure

02/04/21

Author: ADP Admin/Tuesday, February 2, 2021/Categories: Bulletin News

ADP TotalSource would like to remind you that most banks will be closed on Monday, February 15, 2021 in observance of President’s Day.

In an effort to prevent a delay in the posting of the direct deposit transactions to your employee’s accounts, we ask that you take a moment to review your payroll processing schedule. Pay close attention to your current processing and pay dates to determine if a change is necessary to account for the bank holiday. If your schedule requires modifications, please contact your Payroll Advisor to make changes as soon as possible.

Use this chart as a guide to determine if a payroll schedule change is necessary.

As a rule, if your regularly scheduled pay date falls on the holiday, your pay date is moved to the previous business day, unless requested otherwise.

 

You should approve your payroll by NOON on: If your pay date is:
Monday, February 8 Thursday, February 11
Tuesday, February 9 Friday, February 12
Wednesday, February 10 Tuesday, February 16

If you have any questions regarding this information, please contact your ADP TotalSource Payroll Advisor.

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