Paycheck Chronicles

13 January 2017 Military Pay

Don’t forget that you can find all the updated 2017 military pay charts here at Military.com.

The first military payday of 2017 is coming up on Friday, 13 January 2017.  This paycheck should reflect the 2.1% increase in basic pay and any increases in Basic Allowance for Housing.  When will your 13 January 2017 military pay turn up in your bank account?  Depends on your bank or credit union, and even depends on the bank account you use.  Several financial institutions, particularly ones that have many military customers, offer early direct deposit as a benefit to their military customers.

If you don't use a bank or credit union that offers early direct deposit, or if your bank or credit union's early direct deposit isn't guaranteed, you should always assume that your pay will be deposited on the actual payday.  Sometimes those deposits will show up a day or two early, but don't count on that happening.

USAA

USAA guarantees that it will credit active duty military pay one business day prior to the actual payday.  For this pay period, that will be Thursday, 14 January 2017.

While USAA typically credits deposits fairly early in the morning, there is no pattern or guarantee to that.  It can be anytime during the day.

Navy Federal Credit Union

Navy Federal Credit Union (NFCU) is a little more complicated than other financial institutions because they only offer early direct deposit for one type of checking account.  NFCU members who have their military pay deposited into an Active Duty checking account get early direct deposit as a benefit with that type of checking account.  Customers who use an Active Duty checking account will see their pay "pending" on Wednesday, 11 January 2017, to be posted overnight and available for use on the morning of Thursday, 12 January 2017.

NFCU customers who use any other type of checking account will see their pay "pending" on Thursday, 12 January 2017, to be posted overnight and available for use on the morning of Friday, 13 January 2017.

Pacific Marine Credit Union

Pacific Marine Credit Union (PMCU) credits military pay deposits two business days early.  For this payday, Pacific Marine Credit Union members will see their pay deposited on Wednesday, 11 January 2017.

Service Credit Union

Service Credit Union credits military pay deposits two business days early.  For this payday, Service Credit Union members will see their pay deposited on Wednesday, 11 January 2017.

Calculate your military pay with the latest approved pay rates -- download the Military.com Pay App for Android on Google Play or for iPhone on iTunes.

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