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.