1 July 2011 Pay

I think I’m going to start making this a twice-monthly event:  guess when Navy Federal and USAA are going to release active duty pay.  To be fair, USAA is VERY consistent.  I have only once seen a situation in which they did not deposit funds on the day prior to the actual payday, and that only for the Coast Guard and was a situation out of their control.  Therefore, I am going to make the very certain prediction that USAA will release 1 July 2011 pay funds on Thursday, 30 June 2011.

Navy Federal can be a little more confusing.  First, you have to determine what kind of checking account you maintain.  If you have an Active Duty Checking Account, you will (probably) see your deposit early.  My guess is that it will be released overnight on Tuesday and be available for use on Wednesday, 29 June 2011, but I’m not super confident about that guess.  It could easily be a day earlier, I’m just thinking on the conservative side to be safe.  For all we know, it could be a day later as well, but my bet is on the Tuesday-Wednesday combo. *see update below

If you have any other kind of checking, you should see your deposit posted to your account overnight on Thursday to be available on Friday, 1 July 2011.

I honestly don’t have enough experience with any other banks to guess on their funds release policies.  As always, please remember that payday is 1 July – anything earlier is a bonus.

UPDATE:  My husband’s Navy Federal deposit is showing that it will post overnight on Wednesday to be available on Thursday, 30 June.

About the Author

Kate Horrell
Kate Horrell is a military financial coach, mom of four teens, and Navy spouse. She has a background in taxes and mortgage banking, and a trove of experience helping other military families with their money. Follow her on twitter @realKateHorrell.
  • Amie

    I think you are one day of the week off through this entire post (the 1st is Friday not Thursday, 30th is Thursday not Wednesday, etc..)


    • KateKashman

      Arnie, good catch. I rewrote the fourth sentence in the second paragraph to accurately say that Wednesday is the 29th, no the 28th. I didn’t see anything else – did you? I appreciate your help!

  • matt

    But isn’t the military off on 1 July so the would release it for everyone on the 30th so usaa would post a day before that right

    • kelli

      You might have off on 1 July, but it is not a federal holiday. Many commands are still working that day. There is no reason that you would get paid early based on a command decision.

  • chris

    thank you. We are new w/ usaa and i was wondering about tomorrow.

  • ATK

    I am new to USAA, too. What happens when the 1st falls on a Monday (like it does this month, August 2011)? Do we get paid Monday or Friday? This July feels really long because it has 5 weekends…

    • KateKashman

      ATK, USAA should disburse funds on Friday, 29 July. Hope that helps!