Federal Bank Holidays You Need To Know About

Written by: John Stearns

May 22, 2024

Holiday Weekends & Bank Closures

A missed payroll doesn’t make for a great holiday weekend. You wake up to emails from employees saying they weren’t paid and begin scrambling to find out what’s wrong only to realize you forgot there was a federal bank holiday. Forgetting is the worst. Usually, all it takes to avoid catastrophe is a simple reminder.

Mark Your Calendars

Here are the upcoming federal bank holidays for 2025, according to the Federal Reserve Board of Governors:

Federal Bank Holidays for 2025

New Year’s Day: Wednesday, January 1st
Martin Luther King Jr. Day: Monday, January 20th
Presidents Day: Monday, February 17th
Memorial Day: Monday, May 26th
Juneteenth National Independence Day: Thursday, June 19th
Independence Day: Friday, July 4th
Labor Day: Monday, September 1st
Columbus Day: Monday, October 13th
Veterans Day: Tuesday, November 11th
Thanksgiving Day: Thursday, November 27th
Christmas Day: Friday, December 25th

Plan Ahead

Stay on top of these federal bank holidays by adding them to your calendar and turning on notifications. You can also set a reminder a couple of weeks in advance to make all the preparations you need to make payroll processing run smoothly. If a holiday falls on a Monday and your state permits, you can make a request to your bank for payroll to be dated for the Tuesday following. Always be sure to notify employees if their payday is being changed, especially if that change causes any kind of delay.

At ConstructionPayroll.com, we strive to make sure all of our customers know when a holiday that affects payroll is coming up. We don’t want your employees missing their payday and we do want you to be able to enjoy your holiday stress-free. Follow us on Facebook, Instagram, and LinkedIn to receive reminders about upcoming federal bank holidays!