2023 Holiday Bank Closures

Beth Dean 12.07.22

We love holidays, but know that business needs continue year-round, even during bank closures. To prepare, we have some key bank and Nextep holiday closure dates for 2023. 

If Nextep is closed on a day that banks are usually open, such as the day after Thanksgiving, no need to stress! If banks are open, we can still process your payroll for that day. However, if banks are closed, payroll can’t be processed or dated for that day.

If you need to change your company’s pay date for any federal holidays, please contact your payroll specialist to make arrangements at least two weeks before the payday.

2023 Nextep and Bank Closures

2023 Holidays Closure Date
New Year’s Day observed January 2 Nextep Closed
Martin Luther King Jr. Day January 16 Nextep Open
Presidents Day February 20 Nextep Open
Memorial Day May 29 Nextep Closed
Juneteenth June 19 Nextep Open
Independence Day July 4 Nextep Closed
Labor Day September 4 Nextep Closed
Columbus Day/Indigenous Day October 9 Nextep Open
Veterans Day** November 11 Nextep Closed
Thanksgiving Day November 23 Nextep Closed
Day after Thanksgiving November 24* Nextep Closed
Christmas Day December 25 Nextep Closed

*Nextep will be closed, but banks will be open and payroll can be processed. 

** This holiday falls on and is observed on a Saturday.

Check out our blog post for more information about employee pay during holidays.

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