Payroll Updates: Thanksgiving 2020

thanksgiving banking holiday 2020

Are you feeling thankful? The cold weather has started to set in and gratitude is in the air! We hope you’ll join us in our mission to spread the love this Thanksgiving season. But more practically, we’re also writing today to remind you that with the holidays just around the corner, your next payroll may be a bit trickier than usual.

On Thursday, November 26th, the Federal Reserve Bank will be closed in observance of Thanksgiving. Please note that Southland Data Processing will also be closed on November 26th and 27th, and that all transfers will be pushed back for check dates on the holiday. Direct deposits will also not be live for payrolls with check dates of November 26th.

Thanksgiving Payroll Reminders:

  • If your check date is November 26 (Federal Reserve Closed), you will need to move your check date to either Wednesday, November 25 or Friday, November 27.
  • If your check date is Friday, November 27 and you would like to move it to Wednesday, November 25 to accommodate Black Friday shopping, please contact us to make the change and keep in mind that you will need to process payroll by 2:00 PM PT on Monday, November 23rd.

Top Tip: If you would like to activate Wages On Demand for your employees (free for you to offer!) so you don’t have to change your check date for Black Friday, let us know by calling (866) 946-2032 or emailing [email protected]

Use the chart below to find your payroll processing deadline:

Check Date: Process by 2:00 PM PT on:
Wednesday, Nov. 25 Monday, Nov. 23
Friday, Nov. 27 Tuesday, Nov. 24
Monday, Nov. 30 Wednesday, Nov. 25
Tuesday, Dec. 1 Wednesday, Nov. 25

As always, our team is here to help you with any issues with your payroll or check dates. We’ll always pick up the phone, so don’t hesitate to give us a call at (866) 946-2032 if you have any questions.

Wishing you and yours a restful and enjoyable holiday full of gratitude and love. Happy Thanksgiving from SDP!

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