Military retirees
A clear home for monthly retired pay, with a view of what arrives and what leaves.
Your service. Your next chapter.
A bank for military households, built around the income that arrives after service and the family that shares it.
Military pension banking
Start with retired pay
A monthly military pension is not a generic paycheck. It has a pay date, a family context and a long horizon. The account understands all three.
The account is called Military Retired Pay Account. It is a deposit account for receiving military retired pay, with an automatic reserve and a statement built around the pension month.
That distinction is the whole design brief. We do not administer the pension. We make the income easier to see, reserve and plan around.
Who it is for
Built around the whole household
The person who served is not the only person whose month changes.
Transitioning service members
A financial base for the move from uniform to civilian work, built for the year the income changes.
Surviving spouses
Continuity, access and a named person who knows the file when the household changes.
Military families
Shared accounts, automatic reserves and support through the months when one person is away.
A pension-day rhythm
What the account does
Income in, reserve out, month planned. Three steps, handled every month.
- 1
Tell us what arrives
Record the monthly retired pay amount and the day it lands. We use it to build the first month view.
- 2
Set the reserve
Choose an automatic transfer to savings on pension day. The amount is yours to change, pause or stop.
- 3
See the month ahead
Expected income, scheduled bills and the balance left after both, in one view before the month begins.
Survivor & family support
Continuity, not a new maze
When the household changes, the last thing a family needs is to re-explain the whole file to a stranger.
Every account includes joint access, a clear record of who can do what, a named contact who already knows the account, and the Survivor Continuity Kit a practical document and contact checklist for the person who would need it.
The kit is reviewed with the household once a year, so the file is current before it is needed.
Open the Survivor Continuity Kit
Open an account
Your next pension day can be the first clear one.
Most personal applications take about eight minutes. You will get a decision, a routing number for DFAS and a named banker not a waiting list.
River Gem Bank is a California state-chartered bank. Deposits are FDIC insured up to $250,000 per depositor, per ownership category.