15 November 2011 Pay Day


Ah, another holiday weekend approaches and I'm getting tons of mail asking "When will we get paid?"   Folks, payday is Tuesday, 15 November 2011.  You'll get paid on Tuesday, or on Monday if your bank releases direct deposit pay funds early.*

"But it is a four day weekend!"  I can hear the cries already.  I know, I know, some military units are fortunate enough to get Monday off, too.  However, Monday is not a federal holiday nor a banking holiday.  Therefore, Monday is the business day before payday and that is when you should see your deposit posted.

However, if you have an Active Duty checking account with Navy Federal Credit Union, your deposit will be processed overnight on Thursday, 10 November 2011 and be available for use on the morning of Friday, 11 November 2011.  For you folks, please budget carefully.  This means it will be 19 days until your next pay is available.  That can be a really long time!

Hope this helps!

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