It’s been a long pay period for many people, judging from the number of enquiries I’ve had about when the next military paycheck will be coming. Unfortunately for those who are concerned, we’ve still got over a week to wait. The next regular, active duty military payday is Thursday, 1 October 2015. When will your pay be deposited into your account and available for use? As always, that depends. Individual banks and credit unions have different deposit policies, and sometimes your particular bank account might have special provisions, as well. Let’s break it down.
Don’t forget: If you don’t have any reasons to believe that your pay will be deposited early, then it will be deposited some time on Thursday, 1 October 2015.
Navy Federal Credit Union
Navy Federal Credit Union (NFCU) members fall into two categories when it comes to the deposit of military pay: those who use an Active Duty checking account, and those who use any other type of account. (You can learn more about the account types at: NFCU Account Types: Active Duty vs. Others.)
NFCU members who use an Active Duty checking account will have their deposit posted overnight to be available for use one business day early, on Wednesday, 30 September 2015.
NFCU members who use any other type of account will have their deposit posted overnight to be available for use on Thursday, 1 October 2015.
If you are reading this and thinking, “Hey, I’d rather get paid a day early,” it is simple to change account types and the Active Duty account has great benefits if you are eligible. You might not get the switch done in time for an early pay this payday, but I suspect it will happen pretty quickly. You can make the change online, on the telephone, or in person at your local NFCU branch.
USAA guarantees that members will receive their active duty military pay one business day early. For this pay period, that means Wednesday, 30 September 2015.
Pacific Marine Credit Union
Pacific Marine Credit Union (PMCU) deposits active duty military pay one business day early. For this pay period, that means pay will be deposited on Wednesday, 30 September 2015.
Service Credit Union
Service Credit Union strives to deposit active duty military pay two business days early, pending the receipt of information from the Defense Finance and Accounting Service (DFAS.) For this payday, two business days early will be Tuesday, 29 September 2015.
What should you do if payday has come and gone and you still haven’t been paid? See What If I Don’t Get Paid? for directions on how to track down the problem.