Banking Holiday

Early payroll deadlines for Christmas and New Year’s holiday closures

The Federal Reserve System and Insperity offices will be closed on Monday, Dec. 25, 2023, in observance of Christmas Day and Monday, Jan. 1, 2024, in observance of New Year’s Day.

You will need to consider these banking holidays when processing payrolls around this time.  Payrolls must be submitted by 3 p.m. CT at least two banking days in advance of the check date.  This is to allow enough time for payroll funding and employee direct deposits to be received and posted by the check date.

For a listing of all federal and Insperity-observed holidays for the remainder of 2023 and for 2024, see Federal Reserve and Insperity holiday schedule in the Insperity® Help Center.