If you get paid on Monday and have direct deposit....

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Posted 2/19/2010 by Stinky Rose in NSBR Board
 

Stinky Rose
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Posted: 2/19/2010 6:36:23 PM
when does YOUR deposit hit? Midnight on Friday (really Saturday, but you know what I mean)?

DH's company used to use Paychex and that's when it hit our bank. Now they use ADP and this is the first time payday is a Monday with them.

It's the business day before at midnight, so the Friday before Monday payday would be correct, but with another company doing payroll, you never know.

Just wondering - not really a big deal.

Stacy in UT
StuckOnPeas

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Posted: 2/19/2010 6:41:55 PM
My husbands does not show up online at the bank until Monday.

chelsea_bug
AncestralPea

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Posted: 2/19/2010 6:42:15 PM
Mine is dependant on the bank we use. When we used a credit union, it was available the morning before, (got paid Fri and $$ was available Thu morning.) I changed banks and it's now available Fri morning. Nothing changed with my work.

ScrapinPrincessJules
PeaNut

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Posted: 2/19/2010 6:43:21 PM
I would think Monday...

Stinky Rose
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Posted: 2/19/2010 6:55:13 PM
Like I said, it's not really a big deal anyway, I was just wondering how other banks/companies do it.

DH's company pays on the 7th and 22nd. If payday falls on a weekend, then they pay the Friday before and it goes in Thursday at midnight.

With Paychex, when he got paid on Monday, it went in "pending" status Friday at midnight because it posted on Monday morning. Now with ADP, who knows!

Someone said probably Monday, but it wouldn't post until midnight and that would be a day late. I bet it goes in "pending" tonight at midnight or maybe tomorrow sometime, although it's not a business day.

Compwalla
Pastafarian Pea

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Posted: 2/19/2010 7:07:31 PM
I get paid every other Friday and USAA shows the pending deposit Wednesday night. I'm the only one in my company who sees the deposit early. When DH gets paid on a Monday, we see the deposit two business days early. USAA apparently shows you the pending amount the second it gets to them. I like that they don't make us wait. A couple of times I've been able to alert HR that the paychecks were screwed up a day before they hit everyone else.

busypea
boring + nerdy

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Posted: 2/19/2010 7:08:31 PM
When our payday falls on a Monday, it will post to the account Friday night/Saturday morning.

Stinky Rose
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PeaNut 93,427
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Posted: 2/19/2010 7:09:58 PM
V, I've heard USAA is like that. How cool for you!!

emilyjones
StuckOnPeas

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Posted: 2/19/2010 7:11:26 PM
Honestly I have no idea. LOL.

I don't add it to the check register until the day it's supposed to be in there...DH gets paid on the 10th and 25th of the month, so that's the day it goes into the check register.

I'm sure there have been times it shows up early though...oh, it did show up early over Christmas since Christmas is on the 25th...I think it hit the account on the 22nd.

Amy Lyn
PeaAddict

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Posted: 2/19/2010 7:26:28 PM
I think it actually more depends on your bank. I used to have BOA and my DH's Monday deposit's always posted on Saturday because they don't "post" on Mondays. Now we have Wachovia and it is the same. His Monday went in on Saturday. Or maybe it is the DD company, I never thought of that.. His is Ceridien I believe so no idea about ADP. ADP is who my work uses but we get paid every other Thursday so it never falls on a Monday. LOL

austyn
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Posted: 2/19/2010 7:31:01 PM
It would show up on Monday morning.

The day I get paid moves around...cause I get paid 2x a month...it never shows up early.

~SassyinSFL~
*Sassy Latin Pea*

PeaNut 52,360
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Posted: 2/19/2010 7:32:35 PM
My dh gets paid on Fridays...his check goes in at midnight Thursday night.

Brandie775
StuckOnPeas

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Posted: 2/19/2010 7:34:06 PM
It definately depends on your bank. If they showed before on Saturday than they still will. The payroll company really should not be a factor.

Forever-A-Hillbilly
StuckOnPeas

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Posted: 2/19/2010 7:34:31 PM
My husband was a civil service worker before retirement and I believe our pay went in on Friday if payday was a holiday Monday. I think that was a benefit of direct deposit.

adoette
Pea-formance Anxiety

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Posted: 2/19/2010 7:34:55 PM
Ours shows up on the day it is due ie, Monday shows up on Monday. He is 15 and last day of month. This past check was deposited on Friday because of the holiday.

Stinky Rose
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PeaNut 93,427
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Posted: 2/19/2010 7:47:33 PM
We bank with Wachovia and it did post Friday at midnight when he was paid on a Monday before, so I bet it will this time.

I didn't realize it was the bank and not the company/payroll company.

momof3b1g
Ancient Ancestor of Pea

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Posted: 2/19/2010 8:56:47 PM
Ours doesn't go in until that day. Every Friday it is posted to our account. The checks stubs are dated Thursday. Nothing shows until Friday morning.

tania7424
Who am I kidding? Too tired to drink tequila

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Posted: 2/19/2010 8:58:44 PM
Payday is every other Friday. It's not there at midnight Friday, but is when I get up in the morning. I'm thinking it hits around 3 or 4am.

Cake Diva
Cake-a-licous!

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Posted: 2/19/2010 9:05:11 PM

The payroll company really should not be a factor


Must be different in the US than here in Canada.

DH is a weekly payday on Thursday. They switched payroll companies last year. New company sucks!!

DH gets his pay stub on Wednesday - he's salary, so the amount is always the same.

With the old company, money would go in on Wednesday. New company, not until Thursday. Which is fine, but we had to re-arrange all the pre-authorized stuff we had set up for Thursdays to come out on Friday.

If there is a holiday on Monday, payday is not until Friday. Which REALLY sucks. I don't know what would happen if payday was normally Friday and there was a holiday Monday!

jfiehler
PeaNut

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Posted: 2/20/2010 2:30:20 PM
Our paydays are on Fridays, and my email deposit notice from BoA comes about 3am on Friday.

jcm28
Still hangin on.

PeaNut 85,283
May 2003
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Posted: 2/20/2010 6:36:28 PM
I work at a hospital and we get paid every other Monday. Because I use the same bank as my hospital (Suntrust), my money goes into my account on the Saturday before.

Other people I work with that bank somewhere else has to wait until Monday.

Janet

AngelKriC
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Posted: 2/20/2010 6:39:38 PM
I get paid on Mondays and it hits Friday at midnight.....If Monday is a holiday, it hits Thursday at midnight.....

shannon_scraps
BucketHead

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Posted: 2/20/2010 6:44:21 PM
My husband only gets paid once per month. Payday is supposed to be the first, but the check is always in the account on the last business day of the month.

CheleOh
Pealippians 4:6-7

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Posted: 2/20/2010 7:20:12 PM
I get paid the last working day of the month.

If that's a Monday, it will show in my account Monday morning. I don't know what time over the weekend it hits. I've never checked that carefully.

Chele
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