15 July 2011 Pay Predictions

Time for our twice-monthly predictions of when the major military banks and credit unions will probably release funds for the 15 July 2011 payday.  This is a very “regular” payday, meaning that the 15th is actually the regularly scheduled payday and there is no moving around due to weekends and holidays.  Unless your bank or credit union offers some sort of early release of funds, you should expect to see your military pay deposited some time on Friday, 15 July 2011.

If your bank typically releases your funds one day early, like USAA, then you should see your deposit some time on Thursday, 14 July 2011.

If you have an Active Duty Checking account with Navy Federal Credit Union (NFCU), then you will have your deposit released on an unspecified day prior to Friday.  Last pay period, which was laid out the same as this one, NFCU Active Duty Checking accounts saw their deposits released overnight on Wednesday to be available on Thursday.  Unfortunately, NFCU’s early release of direct deposit for Active Duty Checking is a little less predictable than the standard “one day early” offered by some banks, so I’m not comfortable making an actual “prediction.”  I am planning that the money will be released overnight on Thursday night to be available on Friday, 15 July 2011.  Yes, I know, that isn’t early.  However, with the uncertainty around when NFCU Active Duty Checking account money will be released, I’d rather be planning on the side of caution.

If you bank with NFCU, but have any other type of account, then you should see your money released overnight on Thursday to be available on Friday, 15 July 2011.

I don’t have personal experience with any other military banking.  It would be great if readers could comment with their experiences, so that others may benefit.

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.
  • Nomadgirl70

    We have been with Fort Campbell Federal Credit Union for about 6 or 7 years now and have always gotten paid the day before the actual pay day. So, if payday is on Friday, we see his pay by 4pm (Central time) Thursday. It has never faltered.

    • Navy1234

      let me reply with the fact that unless the person writing these lame articles is a service member or spouse then she shouldnt be sticking her nose where it doesnt concern her. and second why would you waste article space on writing this about the fact that we are getting paid regularly on the 15th. did you not have anything else of value to report on.

    • Candice

      I actually found this of use. My husbands check always goes in a day before the 1st or 15th. This month the 31st(day it normaly goes in) is on a sunday so i was trying to see if he may get it the friday before. :)

  • suzzy

    Maybe they need to get a writer with more things to write about then the garbage that this Kate person posts.

    • Navy74

      Suzzy how is this Garbage? Kate is doing this as a service for military members that may have questions regarding when they get paid. With all the different financial institutions that military members have, pay dates vary. But all will be paid by the pay date. why don’t you quit trolling the boards and do something with your life instead of knocking on someone who is doing their job. Silly post!

  • pheonixinferno

    im 100% disabled permanant and they pulled me out of work because life was litterally killing me and i could not cope with out meds and the meds helped but hurt me so i couldnt function ….couldnt be that druged up and work at the same time we tried for years and to no avail the va put a stop to it and litterally saved my life …if they didnt help me when they did i know i would be dead or in jail for sure but now im getting my meds undercontrol and life is still an uphill battle for me…now if they stop helping me financially and medically im back to square one and know one will hire me with my background now…but if they dont want me anymore im fine with it just as long as they put me to sleep and bury me with my flag because i dont want to burden anyone with my own problems…i would be glad to give up my pension if they would just kill me instead….if they turn thier back on me i have nothing left the va is all i have

  • pheonixinferno

    they saved my life so i will give my life in return so they can save the money they would have given to me..and help the american public…because all i am now is a bill and im expendable and im not worth the money so please just put me to sleep and bury me with my flag that is my only wish…and hopefully my sacrafice will help the country get back on its feet….