Paycheck Chronicles

13 December 2013 Military Pay


Finally, a regular payday!  The next active duty military payday is Friday, 13 December 2013.  The date and time of your actual deposit will vary based upon your bank and its policies and practices.

Navy Federal Credit Union

Navy Federal Credit Union (NFCU) offers a variety of account types.  Which day your pay will be deposited is based upon the type of checking account you use for your pay deposit.  Members who have their pay deposited into their Active Duty checking account will see their pay pending on Wednesday, 11 December , to be posted overnight and available for use on  Thursday, 12 December 2013.  Members with any other type of checking account will see their pay pending on Thursday, 12 December 2013, to be posted overnight and available for use on Friday, 13 December 2013.

Service Credit Union

Service Credit Union advertises that it will deposit funds up to two business days early,” pending the receipt of information from the Defense Finance and Accounting Service (DFAS.)  Friday paydays usually result in Wednesday deposits, and it seems likely that will happen on this payday.  However, please keep in mind that Service Credit Union never guarantees that their deposits will be posted early.

One Business Day Early

The most common, and simplest, offer is banks and credit unions that offer direct deposit of military pay “one business day early.”  This includes USAA and Pacific Marine Credit Union PMCU.  Customers who bank with financial institutions that offer deposits one business day early should expect to have their deposit posted on Thursday, 12 December 2013.

Everyone Else

If your bank is not listed here, and your bank does not regularly deposit your pay prior to payday, then you should expect to see your pay sometime on Friday, 13 December 2013.

And It Could Be A Long One

Please be sure you understand how your bank's policies and practices could result in a longer pay period over the holidays.  If this one isn't long, the next one will be.  Either way, knowledge is the key!


Show Full Article

Related Topics

PayCheck Chronicles