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North Star Weekly Update 4.9.2020

Apr 9, 2020

North Star will be closed on Friday, April 10, 2020

In recognition of Good Friday, April 10, 2020, all domestic equity and bond markets, as well as North Star, will be closed. The bond market will also close at 2:00 PM ET on Thursday, April 9. Please note that the banking system is open on Good Friday.

Money Movement:

  • No outbound cashiering items (checks, wires, EFTs) will be processed on
    Friday, April 10th.
  • Incoming wires and direct deposits received on Good Friday will receive
    Friday’s value date.
  • Check deposits, using Remote Check Deposit or Mobile Check Deposit, submitted after cutoff Thursday, April 9 will post Monday, April 13.
  • Debit Cards: On-line debits and authorizations will shadow post on Good Friday. Clearing times may vary and could be after Monday, April 13.

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1st Quarter Performance Reports:

We are suspending mail copies of this Quarter’s Performance Reports. If you would like to receive an electronic version of your report, please let us know. For those who receive these reports electronically, you will be receiving notification next week when they are posted to your portal. Monthly statements from your custodian will continue to be issued.

 

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