Military Pay Account & Civilian Direct-Deposit

[Medic87]

When I enlisted, my recruiter signed me up for a military bank account.
Can I use that account to direct-deposit money from my civilian job?

[SteveLord]

So you have a new bank? One that is on-post? You could have just had them DD army pay into your current bank.

As for your question, I would assume so.

[Medic87]

Well, the thing is I don't have a normal bank account-
the reason being I had a joint account with somebody I was very close with, but we no longer associate & I haven't bothered to open a new one, because things were going just fine working with cash.
So, my recruiter opened an account for me with the Armed Services Bank.
But I'm getting a new civilian job now, and they only do direct deposit, so I was just wondering if it's possible to have it sent to my military bank account.
I've been trying to contact my recruiter the past few days to ask him about it, but haven't been able to.
Must be trying to enjoy some family time- can't say I blame him, the guy's got hellish working hours...

[SteveLord]

If it is just like a normal bank, don't see why not.

[Medic87]

Thanks.
I was unsure about it.

[WIBecky74]

Well I googled 'til I could google no more.....and didnt find an answer. lol They do provide loans, online banking, IRA's and other saving plans, I dont see why not either. They do have a routing number also, which is what you need along with your account number to have a civilian paycheck directly deposited. I'm thinking since they deal with direct deposits, there shouldnt be a reason why they wouldnt offer the service to you. Only problem I see is I like the hometown businesses and the customer service that usually comes with it. Its easier to drive on down to the bank when there is an issue then to deal with a bank across the country. But thats just my opinion. Establishing yourself at any bank is a good idea though. If they dont offer it, open up your own local account and change your form with the Recruiter to have your military check deposited into it. Sometimes its helpful to have two banks, but to start out I think it would be in your best interest to just have one. They are seeing all your income and your banking habits, which in the future could be good if you ever get intersted in receiving credit and they become more helpful the more they get to know you, even with customer service.

[ctfrasier]

I know this thread is a bit old but being in banking I might be able to give some insight that will save some of you from heartache. If you have a joint account with someone close it as soon as the relationship ends. At many banks the other person will not need to be present.

If the other person lets the account become significantly overdrawn the bank will likely close it. Having an account charged-off by a bank will likely prevent you from opening an account at another bank. A collection will then be placed on your credit bureau for the amount of the unpaid balance. Remember, you are still responsible for the account in the eyes of the law and in the eyes of the credit bureaus.

A collection on your credit bureau can affect one's ability to get a security clearance so be very careful when mixing financial affairs with affairs of the heart. The best way to avoid this is to not have a joint account until you're married.

[PFC Lowe]

The best way to avoid this is to not have a joint account until you're married.


Even then have a separate account for yourself:D

[shutterm4]

They are a normal bank, and in colorado are actually named academy bank, and they are open to the public. It doesnt matter. It is not some secret military only back.

[SPC Ski]

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WWW.USAA.COM

[ctfrasier]

Spc. Ski is right. USAA is fantastic. I once worked for the company that booked their members' points travel and those people could go anywhere, anytime! Most credit card companies say that, but the USAA people actually back it up.

You should all look into USAA accounts. Unless you live in Nashville, in which case you should bank with me.