It is important to note that Insperity’s closures do not always coincide with Federal Banking holidays. Below is a comprehensive list of holidays observed by either Insperity corporate offices and/or the Federal Reserve.
What happens if a holiday falls on a weekend?
For Insperity: Holidays that occur on a Saturday will be observed on the preceding Friday, and Sunday holidays will be observed on the following Monday.
For the Federal Reserve: If the holiday falls on a Saturday, Federal Reserve Banks and Branches will be open the preceding Friday with no interruption to direct deposit timing. For a holiday that falls on a Sunday, the Federal Reserve Banks and Branches will be closed the following Monday.
What happens If a payday falls on a bank holiday?
When the Federal Reserve is closed, direct deposit or tax payments will not be sent, and funds will not be settled on those days. You should not have checks dated on Federal Reserve holiday dates.
In addition, you might need to make adjustments if there’s a bank holiday at any point between your normal payroll processing day and payday to allow 3 business days for processing.
Year | Holiday | Date Observed | |
Insperity closed | Federal Reserve closed | ||
2024 | |||
Thanksgiving Day 2024 | Thursday, November 28, 2024 | Thursday, November 28, 2024 | |
Day after Thanksgiving 2024 | Friday, November 29, 2024 | NOT CLOSED | |
Christmas Day 2024 | Wednesday, December 25, 2024 | Wednesday, December 25, 2024 | |
2025 | |||
New Year’s Day 2025 | Wednesday, January 01, 2025 | Wednesday, January 01, 2025 | |
Martin Luther King, Jr. Day 2025 | Monday, January 20th, 2025 | Monday, January 20th, 2025 | |
Presidents Day 2025 | NOT CLOSED | Monday, February 17th, 2025 | |
Good Friday 2025 | Friday, April 18, 2025 | NOT CLOSED | |
Memorial Day 2025 | Monday, May 26th, 2025 | Monday, May 26th, 2025 | |
Juneteenth National Independence Day 2025 | NOT CLOSED | Thursday, June 19th, 2025 | |
Independence Day 2025 | Friday, July 4th, 2025 | Friday, July 4th, 2025 | |
Labor Day 2025 | Monday, September 1st, 2025 | Monday, September 1st, 2025 | |
Columbus Day 2025 | NOT CLOSED | Monday, October 13th, 2025 | |
Veterans Day 2025 | NOT CLOSED | Tuesday, November 11th, 2025 | |
Thanksgiving Day 2025 | Thursday, November 27th, 2025 | Thursday, November 27th, 2025 | |
Day after Thanksgiving 2025 | Friday, November 28, 2025 | NOT CLOSED | |
Christmas Day 2025 | Thursday, December 25th, 2025 | Thursday, December 25th, 2025 | |
2026 | |||
New Year’s Day 2026 | Thursday, January 1st, 2026 | Thursday, January 1st, 2026 |