1 October 2014 Military Pay

The next regular, active duty military  pay day is Wednesday, 1 October 2014.  The date of your deposit will depend on your bank and sometimes even your account type.  Most banks and credit unions deposit active duty military pay on the actual payday.  However, some financial institutions offer early direct deposit as a benefit to their customers.  This is great, but it can also be confusing.

One Business Day Early

The most common early deposit schedule is to credit deposits one business day early.  Two big military-oriented companies that pay one business day early are USAA and Pacific Marine Credit Union.  I know there are others – please let me know in the comments if you know who they are.  Banks and credit unions that credit direct deposits one business day early will post those deposits sometime on Tuesday, 30 September 2014.

Service Credit Union

Service Credit Union’s policy is more flexible than most others.  Service Credit Union posts active duty military pay “up to two business days” prior to the actual payday, if the payroll information is received early.  Service Credit Union does not guarantee that the pay will be deposited early.

Service Credit Union members with active duty military pay could see their mid-month pay credited as early as Monday, 29 September 2014.

Navy Federal Credit Union

There are two important things to know about the way that Navy Federal Credit Union (NFCU)  credits military pay deposits.  First, they have two different paydays depending on which type of account you use.  Second, they show pay as “pending” on the day before it will actually be available, then it is posted overnight and available for use on the next business day.

Keeping these things in mind, you get the following information:  NFCU members who use Active Duty checking accounts will see their pay pending on Monday, 29 September  2014, to be posted overnight and available for use on Tuesday, 30 September 2014.  NFCU members who use any other type of checking account will see their pay pending on Tuesday, 30 September 2014, to be posted overnight and available for use on Wednesday, 1 October 2014.

I rely on my readers to let me know about their banks.  I can’t have an account with everyone!  Let me know how your bank or credit union handles direct deposit of military pay.  Your information will help me to help others.


Wondering what time you’ll be paid?  It completely depends on the bank and the particular deposit.  Many banks and credit unions are posting literally thousands of military paychecks at one time, but it can’t really happen at exactly the same time.

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.
  • Valerie

    My husband and I bank with First Citizens Bank and we get paid a day early so we will receive the funds in our account around 7:30 8:00 am on Tuesday the 30th. Hope this helps :-)

  • Johnny S. Trotter Jr

    How do I get a copy of my retired pay voucher for the month of Oct. 2014..
    Could you please tell me how to go about it..
    Thank you for you time…

    • Kate

      Mr. Trotter, the most efficient way to access your Retiree Account Statements (RAS) is by setting up a MyPay account. It provides you with online access to all your pay, allotment and tax information and will save you much time over the years.

      If you do not have a MyPay account, and do not want to set one up, you can request your RAS by telephone or mail. My readers tell me that the telephone option doesn’t work very well.

      You can send a written request to DFAS at the address listed below, but expect to wait up to 60 days for a response. Requests should include your name, Social Security Number, signature, and the specific information you are requesting. Requests can be submitted to:

      DFAS Retired Pay
      P.O. Box 7130
      London, KY 40742-7130

      Fax: 800-469-6559

      I hope that helps.