Martin Luther King Jr. Holiday Reminder
The banks will be closed on Monday, January 18th in observance of Martin Luther King, Jr. Day. If you are scheduled to report payroll information, or if this is your check date, your direct deposits may be affected.
Please keep in mind, the closure of the banks may affect OBC services, and the funding of payroll taxes and employee direct deposits. In order to meet Federal Reserve guidelines, all payrolls should be transmitted no later than 2:59 PM, two business banking days before the check date.
Payrolls with a check date of Tuesday, January 19th should be transmitted no later than 2:59 PM on Thursday, January 14th.
Payrolls with a check date of Wednesday, January 20th should be transmitted no later than 2:59 PM on Friday, January 15th.
SBS Payroll will be open on Martin Luther King, Jr. Day, and payroll deliveries will occur as usual.
Please contact one of our Account Executives at 855.591.9860 x.1 if you would like to change your payroll schedule or your delivery date.