The US has 11 Federal Holidays a year as designated by the U.S. Federal Reserve System (The Fed). All ACH bank transfers rely on The Fed, and can’t be processed on a Federal Holiday.
Payments to vendors via Pay Bills that are scheduled for a Federal Holiday, or the 3 following days, will be delayed by 1 day. Transactions completed online on a Federal Holiday won’t be processed until the next business day.
When scheduling your payment deduction date, Federal Holiday dates will be blocked on the Pay Bills calendar.
A list of US Federal Holidays
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New Years Day |
January 1st |
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Martin Luther King, Jr. Day |
3rd Monday in January |
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President’s Day |
3rd Monday in February |
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Memorial Day |
Last Monday in May |
|
Juneteenth |
June 19th |
|
Independence Day |
July 4th |
|
Labor Day |
1st Monday in September |
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Columbus Day |
2nd Monday in October |
|
Veterans Day |
November 11th |
|
Thanksgiving Day |
4th Thursday in November |
|
Christmas Day |
December 25th |
NOTE: Federal Holidays that fall on a Saturday or Sunday
5 Federal Holidays have fixed dates and occasionally fall on a weekend. A Holiday that falls on a Sunday is observed the following Monday and one that falls on a Saturday, means some banks may be closed the Friday before.