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Paycheck Chronicles

1 May 2017 Military Pay

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

It's super-duper early for the next military payday post, but the readers are asking, so I'll write!  The next regular, active duty military payday is Monday, 1 May 2017.  Monday and Tuesday paydays are always the most confusing because many military-friendly banks and credit unions offer early direct deposit for their military customers, but they all have different posting practices, policies, and other quirks.  Some post on Mondays, some post on Saturday mornings, some don't - it's a little crazy.

For most people, however, it'll be pretty simple:  the payday is Monday, 1 May 2017, and if you don't know that your bank or credit union offers early direct deposit, you'll want to plan for your pay to be deposited into your account on that day.  If it comes early, that'll be a pleasant surprise, but please don't be sitting in the commissary with a cart full of groceries, refreshing your phone until your pay hits!

USAA

USAA guarantees its direct deposit customers that their military pay will be deposited one business day prior to the actual payday.  For a Monday payday, that is the previous Friday, so USAA customers will see their military pay deposit at some time on Friday, 28 April 2017.

Service Credit Union

Service Credit Union offers direct deposit of military pay "up to two business days prior" to the actual payday, pending the receipt of the pay file from the Defense Finance and Accounting Service (DFAS.)   Service Credit Union projects that they will release military pay on Thursday, 27 April 2017.

Pacific Marine Credit Union

Pacific Marine Credit Union (PMCU) offers direct deposit of military pay two business days prior to the actual payday.  For this pay period, that will be Thursday, 27 April 2017.

Navy Federal Credit Union

Navy Federal Credit Union (NFCU) offers two different pay deposit days, depending on the type of credit union used for the deposit of military pay.  Throw in a weekend, and due to the unusual way that NFCU posts pay overnight, all sort of unpredictable things can happen.

Members who use an Active Duty Checking account receive their military pay one business day prior to the actual payday.  For this payday, they may see their pay pending on Thursday, 27 April 2017, to be posted overnight and available for use on Friday, 28 April 2017.

Members who use any other type of checking account receive their military pay on the actual payday.  However, because of the way NFCU posts deposits, they can't actually make pay available for use on a Monday.  Therefore, for this pay period NFCU members who use a checking account that is NOT an Active Duty checking account will see their pay pending on Friday, 28 April 2017, to be posted overnight and available for use on Saturday, 29 April 2017.

Monday and Tuesday paydays can be a little confusing, but they don't change the general rule:  most people should expect to have their pay deposited on the actual payday, and you should always have a back-up plan in case your pay is delayed.

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

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