In observance of Presidents Day holiday, the Federal Reserve will be closed on Monday, Feb. 15, 2021.
The Federal Reserve and most banks / credits unions will be closed as well. Clients who have scheduled payrolls with pay dates on or around Monday Feb. 15 need to be aware of specific guidelines for the processing of employee Direct Deposits and Live Checks.
Use the following chart as a guide to determine if a payroll schedule change is necessary. Wire clients or over threshold clients will need to check with their banking institutions for their specific wire cut-off times. To ensure timely employee direct deposits, ADP must have funds by Noon (local time) 2 days prior to check date.
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If your Pay Date will be:
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Your Payroll must be Completed/Accepted by 2:30pm Eastern Time on:
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Wire Clients and Over Threshold Clients -
Funding Due Date:
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ACH Clients
ADP Will Debit Your Account:
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Friday
02/12/2021
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Tuesday
02/09/2021
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Wednesday
02/10/2021
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Thursday
02/11/2021
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Monday
Presidents Day
02/15/2021
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Move Pay Dateto Friday 02/12/2021 or Tuesday 02/16/2021
Follow Friday or Tuesday Pay Date processing information listed here
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Tuesday
02/16/2021
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Wednesday
02/10/2021
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Thursday
02/11/2021
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Friday
02/12/2021
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Wednesday
02/17/2021
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Thursday
02/11/2021
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Friday
02/12/2021
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Tuesday
02/16/2021
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Note: Because the Federal Reserve is closed on Monday, Feb.15th, employee direct deposits received with a pay date of Monday, Feb. 15th will not be deposited until Tuesday, Feb. 16th depending upon the individual depository institution.