Military Life

Financial Institutions to Advance Pay If There Is a Government Shutdown

USAA, Navy Federal, and Marine Federal Credit Union emerge to the aid of military members if the government shuts down.

On September 30 at 11:59 p.m. if Congress has not reached an agreement on the continuing resolution, the government will shut down. When that occurs, the military’s October 15th paycheck may be delayed.  We reached out to financial institutions to see what solutions they may have in place for their military members.

Roger Wildermuth, spokesperson for USAA, provided us with the following statement:

USAA is once again prepared to offer a zero-interest payroll advance loan to affected military members with existing direct deposit at USAA if military pay is interrupted by a government shutdown. We also have a number of other solutions, such as special payment arrangements, to help USAA members who receive government payments and find themselves in financial distress due to a shutdown.

Additionally, Scott Halliwell, a Certified Financial Planner practitioner with USAA, provides tips for how you can prepare for a potential government shutdown: USAA’s 5 Tip to Prepare for Government Shutdown.

Also, Navy Federal Credit Union provided us with an update that they will cover direct deposit for active duty military members. “Our number one concern is our members and their families. That’s why we’re pledging to cover the direct deposits for our active duty members,” said Cutler Dawson, Navy Federal president and CEO. “By covering their 15 October pay, our active duty members will not see a difference in their direct deposit amount-as if there were no shutdown.” Dawson also noted that members should know that their 1 October direct deposit will be processed normally.  (Information was obtained by Michele Townes of the Corporate Communications department.)

Lastly, Marine Federal Credit Union released the following information via their website: “Should a government shutdown take place, Marine FCU will post government employee payrolls for members with direct deposit. This includes active duty and retired military, Department of Defense appropriated and non-appropriated, social security, and disability.”


Service Credit Union: As per their website, they will automatically deposit the amount of your military or DOD GS pay based on the most recent amount you were paid. Reference: Service Credit Union
First Command Financial Services: In the event of a government shutdown they are offering the following 4 options to their members; information was sent to us from Mark Leach, Media Relations. Link to full explanation of services is: First Command services for potential government shutdown
  1. Loan Assistance
  2. Penalty Free CD Withdrawals
  3. Secured Lines of Credit
  4. Special Handling of Credit Card Accounts

For more information on the government shutdown, our writer Rebekah Sanderlin breaks it down here: Government Shutdown – Will Military Get Paid?





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