Monday, October 12, 2026, is Columbus Day, a federal banking holiday. The Federal Reserve will be closed that day, which means ACH payments—including direct deposits—will not process as they normally do.
What Does This Mean for Payroll?
Because payroll direct deposits rely on ACH processing, employers with paydays around October 12 may need to adjust their payroll schedule. If your normal payday falls on Monday, October 12, employees may need to be paid before the holiday. Payrolls scheduled for Tuesday, October 13 and Wednesday, October 14 may also require an earlier submission to ensure deposits arrive on time.
Plan Ahead
To avoid payroll delays:
- Review your October payroll calendar now.
- Check with your Payroll Specialist for deadlines changes.
- Submit payroll earlier when required.
- Pay special attention to employees receiving direct deposit.
A little planning can help ensure your employees are paid on time and prevent last-minute payroll issues during the holiday week.
Mark your calendar: Monday, October 12, 2026 — Federal Reserve closed for Columbus Day.
This information is provided with the understanding that Payroll Partners is not rendering legal, human resources, or other professional advice or service. Professional advice on specific issues should be sought from a lawyer, HR consultant or other professional.
