All regular teammates1 of Truist and its subsidiaries and affiliates scheduled to work at least 20 hours per week are eligible for paid holidays. Temporary teammates and those regular teammates with scheduled weekly hours in Workday of less than 20 hours per week are not eligible for holiday pay.
In general, Truist observes the Federal Reserve holiday schedule (some subsidiaries and affiliates observe a different holiday schedule). Truist observes the following:
|Observed Holidays||2023 Dates||2024 Dates|
|New Year's Day||Monday, January 2||Monday, January 1|
|Martin Luther King Jr. Day||Monday, January 16||Monday, January 15|
|Presidents' Day||Monday, February 20||Monday, February 19|
|Memorial Day||Monday, May 29||Monday, May 27|
|Juneteenth||Monday, June 19||Wednesday, June 19|
|Independence Day||Tuesday, July 4||Thursday, July 4|
|Labor Day||Monday, September 4||Monday, September 2|
|Indigenous Peoples' Day/Columbus Day||Monday, October 9||Monday, October 14|
|Veterans Day||Floating holiday to be used
between Oct. 1 – Dec. 31
|Monday, November 11|
|Thanksgiving Day||Thursday, November 23||Thursday, November 28|
|Christmas Day||Monday, December 25||Wednesday, December 25|
Some subsidiaries and affiliates follow different schedules.
On Christmas Eve, banking offices close at 2 p.m. Business unit managers outside of the Community Bank determine when their respective areas close on Christmas Eve, keeping in mind that branches need to be supported through 2 p.m. If Christmas Eve falls on a Saturday, Truist operates with regular hours on the preceding Friday. This early closure time must be recorded in Workday as Emergency Closing or Late Open/Early Close
A teammate hired after the day for which the floating holiday is granted isn't eligible for that floating holiday in the current year. If the teammate leaves Truist prior to taking the floating day, the day is forfeited.
Floating holidays should be used within one month prior or after the holiday that the floating holiday was granted in lieu of. If the floating holiday is granted for a January holiday, it should be taken between January 1 and March 31. If the floating holiday is granted for a December holiday, the floating holiday should be taken between October 1 and December 31. Certain exceptions may apply.
If a teammate is absent due to sickness or other time off reason (other than vacation) the last scheduled workday before and next scheduled workday after a holiday, the holiday is treated as a sick day or other time off day. If the teammate does not have any remaining sick days, the absence must be recorded as unpaid or a teammate may choose, with the manager’s approval, to use a vacation day. Managers are responsible for ensuring the holiday is recorded as Sick, Other Time Off, Vacation, or Unpaid in Workday.