Next Bank Holiday: Monday, February 16th (President's Day)
What is a Bank Holiday, and why is it important to me?
A bank holiday in the US is a holiday on which all financial institutions are closed. Most banks follow the Federal Reserve System's holiday schedule.
Banks don't process transactions on bank holidays. This means that your advance will not be deposited, and your repayment will not be collected on these days. If you chose Immediate Debit Delivery at check-out on a bank holiday, you will still receive your funds on that same day.
Since banks don't process transactions on bank holidays, it is possible your paycheck may be reflected inaccurately in Klover.
Please find the 2026 Federal Reserve Bank holiday schedule below:
January 1 -------- New Year’s Day (Thursday)
January 19 -------- Martin Luther King Jr. Day (Monday)
February 16 -------- Washington's Birthday/Presidents Day (Monday)
May 25-------- Memorial Day (Monday)
June 19 -------- Juneteenth (Friday)
September 7 -------- Labor Day (Monday)
October 12 -------- Columbus Day/Indigenous People's Day (Monday)
November 11 -------- Veteran's Day (Wednesday)
November 26 -------- Thanksgiving Day (Thursday)
December 25 -------- Christmas Day (Friday)
**If your repayment falls on one of these days, it will be delayed 1-2 business days, not including weekends.**
For holidays falling on Saturday, financial institutions are typically open the preceding Friday.
For holidays falling on Sunday, financial institutions are typically closed the following Monday for observance of the holiday.
If you are ever unsure, please check your financial institution's website, or call your local branch.