Verbal offer 4 days ago but still nothing written

Want to make sure I'm not freaking out here. But I applied for a position at a competing bank and recieved a verbal offer earlier this week, at the end of the call I was told HR would be working on the letter right away.

It's now Friday and still no letter. Understand it's crunch time before a holiday weekend but when is an appropriate amount of time to follow up? Should I wait until early next week just to check nothing went wrong? They haven't begun a background check or anything like that to my knowledge

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