May 29, 2017 Memorial Day is a Bank Holiday - Check Your Payroll Schedule

ADP would like to remind you that Memorial Day, Monday May 29, 2017 is a bank holiday.  The Federal Reserve will be closed as will ADP’s offices.

To ensure timely employee direct deposits we recommend you accept and approve your payroll 72 hours prior to pay date.  Payrolls processed less than 72 hours to pay date could experience late funding of employee direct deposits and tax deposits, and a delay in the delivery of your payroll package.

In order to prevent a delay in the posting of the direct deposit transactions to your employees’ accounts, it is very important that you review your payroll processing schedule prior to submitting your payroll.  Consider your current processing date and pay date to determine if a change is necessary to account for the bank holiday.  If a change is necessary, contact your Service Team .  

Use this chart as a guide to determine if a payroll schedule change is necessary.  Please note if you are a wire client or over threshold client, you will need to check with your bank for their wire cut-off times.  To ensure timely employee direct deposits, ADP must have funds by noon (local time) 2 days prior to check date.

Note:  Electronic transactions received with a pay date of 5/29/2017 may not be deposited until May 30, 2017, depending upon the individual’s depository institution.

To change your payroll schedule form your ADP Home Page, select Tools & Utilities > Schedule Change Request. 

If you have any questions, please contact your Relationship Manager or your Service Team.