Corporate Payroll Services and banks will be closed on Tuesday, January 1, 2019 in observance of New Year’s Day.
If you are a direct deposit customer or CPS Checks customer, please submit payroll at least one business day early to ensure proper funding of employee bank accounts.
Our New Year’s holiday processing deadlines are as follows:
Checks Dated On: Submit Payroll By:
Monday, 12-31-2018 Thursday, 12-27-2018
Wednesday, 01-02-2019 Friday, 12-28-2018
Thursday, 01-03-2019 Monday, 12-31-2018
Payrolls must be submitted prior to your branch’s cut-off time to be processed the same day. Payrolls submitted after your branch’s cutoff time on Monday, 12-31-2018 will not be processed until Wednesday.
Auto-run payrolls will be processed early to ensure timely funding of employee bank accounts.
Please note that delivery companies often run behind at this time of year. So if you usually receive your payroll by a certain time, it may arrive later in the day than usual due to heavier delivery volumes. To ensure timely delivery, you may want to submit your payroll one to two business days early.
If you have any questions, please contact your local Payroll Specialist at your Branch Office.
Happy New Year!