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Paycheck Chronicles

15 June 2017 Military Pay

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

One of the many benefits of military service is a consistent paycheck.  (Usually.)  While not quite every two weeks, like some people plan, paydays are twice a month for those who have not elected to get paid once a month.  The next regular, active duty military payday is Thursday, 15 June 2017.   When will that paycheck show up in your checking account?  The answer will vary depending on your bank or credit union.

While most banks or credit unions post military pay deposits on the payday, some credit those funds a little early as a benefit to their customers or members.  They're not actually getting the money any earlier, they're sort-of doing a mini-loan of a day or two.  This is why they can't do the early direct deposit if they don't receive the advance deposit notification from the appropriate agency; they wouldn't know how much to credit.

If your financial institution doesn't offer early direct deposit, don't fret.  You still get paid the same amount as everyone else, and you still get the same number of paydays in a year.

USAA

USAA offers to credit members' pay deposits one business day early, pending the receipt of pay information from the appropriate agency.  For this pay period, one business day early will be Wednesday, 14 June 2017.

Pacific Marine Credit Union

Pacific Marine Credit Union (PMCU) offers to credit members' pay deposits two business days early, pending the receipt of pay information from the appropriate agency.  For this pay period, two business days early will be Tuesday, 13 June 2017.

Service Credit Union

Service Credit Union offers to credit members' pay deposits two business days early, pending the receipt of pay information from the appropriate agency.  For this pay period, two business days early will be Tuesday, 13 June 2017.

Navy Federal Credit Union

Navy Federal Credit Union (NFCU) is a little tricky, because only one type of checking account offers early direct deposit.  If you have an Active Duty Checking account, your pay is deposited one business day early.  If you have any other type of checking account, your pay is deposited on the actual military payday.

For members who use an Active Duty Checking account for their military deposit, your deposit may show as pending prior to or on Tuesday, 13 June 2017.  It will be posted overnight and available for use on Wednesday, 14 June 2017.

For members who use any other type of NFCU checking account, you deposit may show as pending prior to or on Wednesday, 14 June 2017.  It will be posted overnight and available for use on Thursday, 15 June 2017.

Don't forget that deposits can post at any time during the day.  Most banks or credit unions have usual time range, but there are many things that can alter that schedule.  Every payday, I hear from people who think their pay is late when it hasn't posted by early morning.  In 99% of those cases, the pay posts within a few hours.

But what if payday is over, and you still haven't been paid? Read Why Hasn't My Pay Been Deposited? to figure out where to start.

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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