Banking Rates & News

Panama City Area

Including Panama City, Panama City Beach, Marianna, Santa Rosa Beach, Chipley, Blountstown, Lynn Haven, Eastpoint, Miramar Beach, Defuniak Springs, and 17 other towns.

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Banking in the Panama City Area

Once known as "Park Resort," Panama City lives up to that name. Boasting over 25 miles of white sandy beaches and two Florida State Parks, it's easy to see how it could be viewed as the ideal get-away. But for those of us that call Panama City our home, life isn't always just a day at the beach.

Fortunately, there are about 4 banks and 10 credit unions located in the area, with almost 200 branches, providing many options for people who want to build a life here. The oldest financial institution in the area is Emerald Coast Federal Credit Union, which was established in 1939. Other notable credit unions are the Tyndall Federal Credit Union, Innovations Federal Credit Union, and Panhandle Educators Federal Credit Union. For those who prefer a traditional bank, options include the First National Bank Northwest Florida and Summit Bank.

Whether you live in Panama City, Panama City Beach, Lynn Haven, Chipley, or any of the other beautiful cities in the region, you have a wide variety of financial institutions to choose from.

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Local Deals & News

2- And 3-Year Brokered Cds
For those interested in possibly taking the plunge into brokered CDs, Wells Fargo has been offering some pretty good non-callable, new issue deals with 2- and 3-year maturities. Today on
Navy Federal - CD Interest May / Will Not Be Paid If We Lose Money
There is a lot of interesting language in disclosure statements, particularly with credit unions. Many banks and credit unions contain language that they "may" allow withdrawals, and US Alliance reserves
Navy Fed 3 Yr Variable Rate Cd
Increased to 2.14% APY from 1.93%, $500 min
Navy Fed 1St IRA Bonus + Special = 3.32%
There's a currently IRA special at NavyFed going on (32months @ 2.75 APY) but what's not mentioned is that if you don't CURRENTLY have an IRA with NavyFed, they will
Navy Fed Offers New Special Certificates
Deal Summary: 2.25% APY 15-month add-on CD, Maximum deposit $50k. 2.75% APY 32-month add-on IRA CD, Maximum deposit $250k. Availability: Requires a connection to the military. Navy Federal Credit Union
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