Holiday Payment Processing Deadlines
2026 Holiday Closures
Banner Bank and the Federal Reserve will be closed on the following dates in observance of federal holidays. Please take note of the following holidays and reminders to ensure no disruption to your transaction processing.
2026 Federal Holidays
Thursday, January 1, 2026 - New Year's DayMonday, January 19, 2026 - Martin Luther King, Jr. Day
Monday, February 16, 2026 - President’s Day
Monday, May 25, 2026 - Memorial Day
Friday, June 19, 2026 - Juneteenth National Independence Day
Saturday, July 4, 2026 - Independence Day
Monday, September 7, 2026 - Labor Day
Monday, October 12, 2026 - Indigenous Peoples’ Day
Wednesday, November 11, 2026 - Veterans Day
Thursday, November 26, 2026 - Thanksgiving Day
Friday, December 25, 2026 - Christmas Day
Positive Pay Exceptions
If you use Positive Pay, make sure you have resources available to respond to your Positive Pay exceptions the business day after each federal holiday. Unanswered Positive Pay exceptions will be paid or returned in accordance with the default your company has selected.ACH Processing / Wire Transfers / Fund Transfers
Because the Federal Reserve will be closed, any ACH transactions scheduled to settle on a federal holiday will settle the following business day.
- Please make the necessary adjustments to settle your ACH files, either the business day prior or following a federal holiday.
- If you have future-dated or recurring wire transfers, or funds transfers scheduled to occur on a federal holiday, it may be necessary to adjust the settlement dates for those transactions.
Security Tokens for ACH and Wire Approval
For most clients, a security token is required for approval of ACH and wire transactions. Ensure employees who will be approving these transactions have a required security token. If they don’t have one, we can assist them with downloading a virtual token.
Transaction Dual Approvals
With many employees taking time off over the holidays, be sure you have adequate coverage for transactions that require dual approval to process—where one employee initiates a transaction and another, unique, employee approves the transaction. Now is also a good time to review user entitlements to ensure important transactions (like payroll files) are approved and processed in a timely manner.
Cyber Security
Unfortunately, cyber criminals are more active during the holidays. Stay vigilant and carefully validate payment requests sent by email from within, or from outside your organization.
