The U.S. has 11 federal holidays a year as designated by the U.S. Federal Reserve System (The Fed).
A list of the US Federal Holidays
|
New Year’s Day |
January 1st |
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Martin Luther King Jr. Day |
Third Monday in January |
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Presidents Day |
Third Monday in February |
|
Memorial Day |
Last Monday in May |
|
Juneteenth |
June 19th |
|
Independence Day |
July 4th |
|
Labor Day |
First Monday in September |
|
Columbus Day |
Second Monday in October |
|
Veterans Day |
November 11th |
|
Thanksgiving Day |
Fourth Thursday in November |
|
Christmas Day |
December 25th |
All our bank transfers (ACH) rely on The Fed, and won’t be processed on a federal holiday. Payments to vendors via Accounts Payable that are scheduled for a federal holiday or the following 3 days will be delayed by 1 day. Transactions completed online that day will not be processed until the next business day. We suggest scheduling payments a few days early when a federal holiday is coming up.
When scheduling your payment deduction date, federal holiday dates will be blocked on the calendar.
Federal holidays that fall on a Saturday or Sunday
Five federal holidays have fixed dates and occasionally fall on a weekend. If the holiday falls on a Sunday, it’s observed the following Monday. When the holiday falls on a Saturday, some banks may be closed the Friday before.