1 October 2012 Military Pay

This payday is going to be tricky for a lot of folks, and not just because it is October.  Monday paydays always cause lots of confusion and stress.  Let’s see if we can sort it out so you can plan.

The next military payday is Monday, 1 October 2012.  Most folks will see their military pay deposited at some time on Monday, 1 October 2012.  However, some banks and credit unions offer early direct deposit as a benefit to their customers.

The most common way that happens is with pay deposited one business day early.  This includes USAA and PMCU.  One business day earlier than Monday is Friday, 28 September 2012.  Customers with these two banking institutions, plus any others that offer one business day early deposit, will see their pay deposited at some time on Friday.

Service Credit Union offers their early direct deposit up to two business days early, pending receipt of the information from the Defense Finance and Accounting Service (DFAS).  A Monday payday is one of the harder ones to ensure that you’ll have the information early.  While chances are good that Service Credit Union will be able to make the deposits on Thursday, 27 September 2012, I wouldn’t make any important decisions based upon that money being available on Thursday.  There are far too many things that could happen, and it isn’t a guarantee.  I’d assume that the pay will probably be available on Friday and be pleasantly surprised if it is there earlier.

Bank with Navy Federal Credit Union?  The date of your deposit depends on what type of account you use for your military pay deposits.   Members who have their pay deposited into a Active Duty Checking account should expect to see their pay pending on Thursday, 27 September 2012, to be posted overnight and available for use on Friday, 28 September 2012.  Members who have their pay deposited into any other type of account should expect to see their pay pending on Friday, 28 September 2012, to be posted overnight and available for use on Saturday, 29 September.  Seem confusing, what with the Saturday and all?  It does to me, too, but I trust their pay calendar to be right.

What time will you get paid?  It can be any time, so don’t worry.  See What Time Will I Get Paid?  for more information.

Are you pretty sure that you should have been paid, but you haven’t?  Check out Why Hasn’t My Pay Been Deposited?

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.
  • Lena

    Les was viewable on Sept. 21st usually when that happens we get paid exactly a week later. Does that mean all military will get paid on Sept. 28th instead of Oct. 1st?? (we shouldn’t have seen our les until Sept. 24th a week before the 1st)

    • KateKashman

      Lena, the availability of the LES should not have any bearing on the date that pay is deposited. I would expect you to receive your pay along the same pattern that you usually would.

      Hope that helps!

  • Shasha

    What does it usually mean when LES nor last pay info hasn’t updated??

    • Nicole

      Not sure, but my husband’s LES/Last Pay hasn’t updated yet, either.

      • Shasha

        Ok thanks

  • Shasha

    What does it usually mean when LES nor last pay info hasn’t updated?



  • ashley

    thanks! this was helpful!

  • Dan Clarke

    Confirmed via Service Credit Union’s facebook page – Pay will be credited on Thursday 9/27.

  • chris

    When does wells fargo clear the pay this time? I swear it changes with them or something…

    • KateKashman

      Chris, I am not aware of Wells Fargo offering early direct deposit, so I’d guess Monday. Do any readers have Wells Fargo experience? You can also check your old statements to see what happened last time payday was on a Monday. (It was last October, I think.)

      Hope that helps!

  • Dianne

    Anyone know Bank Of America’s Pay out?

    • Chris Wyatt

      It will probably appear some time Friday evening. That seems to be the pattern with Bank of America when a first-of-month military pay date falls on Monday.

      • Jena

        I called bank of america to check if I would get Paid tomorrow and the operator was unsure but he did see the pending transaction.

  • Paul

    How about dodcommunitybank also ?

    • KateKashman

      Paul, I’m not familiar with DoD Community Bank offering early direct deposit, so I’d expect your pay to be deposited on Monday. However, I don’t have pay deposited with them so I’m not positive if they have some other way of doing things. Readers?

    • Guest

      I’m a member of DoD Community Bank too. I recall in the past they usually pay on Friday night. It would be impossible for them to pay on Monday especially if you have a Japan/Korea account. It would be Sunday in the U.S. and as we all know they can’t post on the weekend.

  • Kristin

    I am with US Bank, and if payday is dated for a Monday for the past two years it will be on Friday. And if you are with Navy Fed – Navy fed will be posting on a Thursday because they give you your pay a day early monthly.

    • guest

      For US Bank is it the same for vets?

  • jaded

    did anyone else with NFCU , who does have active duty checking- NOT get paid yet? this has never happened to us before….

  • kevin

    What about armed forces bank

  • me

    @ Kevin.. I have armed forces bank too and spoke to someone this morning and was told I would get mine tomorrow morning..

  • crystal

    What about bonus. I did get paid today but the bonus was not there. What day will bonus come if the first of oct is monday

  • Samantha

    My husband and i have Bank of America as well. As of just 10 minutes ago there has been no deposit. Would pending show up on their website? And has anyone gotten paid Saturday morning With Bank of America if the pay date falls on a Monday?

    • shay

      We have BOA and we got paid on a saturday when the pay date was on a monday but it doesnt always happen

  • Amber

    Me and my husband have regions bank. His first check still hasn’t been deposited, what’s up?

  • larry mitchell

    well it seems they shorted a whole lot of people for october 1st 2012 lots of us only got 600 and i know knowa 8 day break didnt short us 1400 dollars all of us know they normaly short us 500 for breaks so where is the rest of our money

  • george

    kate i just want to know how much income tax is taken out monthly and to date please advise

    • KateKashman

      George, your monthly and year-to-date taxes should be listed on your Leave and Earnings Statement or your Retiree Account Statement. Both can be found at MyPay.

  • Tami

    My husband is a reservist, who was activated. Is there a change on MyPay, to view his LES? He was paid early (on the 29), but MyPay is still not updated, and I cannot see his most recent LES. Ususally, if it’s in the bank, it shows up on MyPay??