Paycheck Chronicles

29 August 2014 Military Pay


Ack!  I almost forgot that next Friday is payday AGAIN!  August has been a treat, with three paydays in two week increments.  Which means that the next pay period will be a longer one:  17 days between 29 August 2014 and 15 September 2014.  Of course, your actual experience can different significantly based upon the policies and procedures of your bank.

Navy Federal Credit Union

Customers who bank with Navy Federal Credit Union and have a checking account that is NOT an Active Duty Checking account will see their pay deposits pending on Thursday, 28 August 2014, to be posted overnight and available for use on the morning of 29 August 2014.

Navy Federal Credit Union customers who use an Active Duty Checking account will see that pay pending on Wednesday, 27 August 2014, to be posted overnight and available for use on Thursday,28 August  2014.

One Business Day Early

Many banks and credit unions, including both  USAA and Pacific Marine Credit Union (PMCU), offer pay deposits ONE BUSINESS DAY EARLY.   For this payday, that would be Thursday, 28 August 2014.

Most financial institutions that offer to credit deposits one business day early also offer a guarantee that funds will be available on that day.

Service Credit Union

Service Credit Union offers to deposit military pay “up to two business days” early, but this is not guaranteed and it is always pending the receipt of pay information from the Defense Finance and Accounting Service.

In the past, Service Credit Union members have seen the pay from a Friday payday deposited as early as Wednesday.  However, just because it has happened before does not mean it will happen this time.

Pay can be deposited at any time during the day.  See  What Time Will I Get Paid?  for more information.  99% of the “I didn’t get paid” questions that I receive are resolved by waiting a few hours.

If the expected pay day has passed completely, check out  Why Hasn’t My Pay Been Deposited? for more information about the steps to track down the issue.

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