Florida CD rates › By county › Bay County
✓ 12 institutions with branches here · 112 you can open · verified 2026-10-01
Banks and online banks are open to anyone. Credit unions appear only when their charter covers Bay County or they are open to all — employer-only and out-of-state charters are left off rather than listed with a catch you can't clear. Rates move; the date above is when we last read each sheet.
| Term | Best local APY | Institution | Minimum | Who can open |
|---|---|---|---|---|
| 3 mo | 3.25% | Panhandle 4 locations: Lynn Haven, Panama City, Panama City Beach +1 more | — | 7 FL counties |
| 6 mo | 3.50% | Panhandle 4 locations: Lynn Haven, Panama City, Panama City Beach +1 more | — | 7 FL counties |
| 9 mo | 3.00% | The Huntington National Bank 2 locations: Panama City, Panama City Beach | $1k | Anyone |
| 1 yr | 3.75% | Panhandle 4 locations: Lynn Haven, Panama City, Panama City Beach +1 more | — | 7 FL counties |
| 18 mo | 3.65% | Innovations Financial 3 locations: Lynn Haven, Panama City, Panama City Beach | $1k | 10 FL counties |
| 2 yr | 3.40% | Panhandle 4 locations: Lynn Haven, Panama City, Panama City Beach +1 more | — | 7 FL counties |
| 3 yr | 3.25% | Panhandle 4 locations: Lynn Haven, Panama City, Panama City Beach +1 more | — | 7 FL counties |
| 4 yr | 3.10% | First Commerce 1 location: Panama City | — | Anyone (via a partner group) |
| 5 yr | 2.75% | Panhandle 4 locations: Lynn Haven, Panama City, Panama City Beach +1 more | — | 7 FL counties |
3 mo 4.10% Beal Bank USA · 6 mo 4.40% Quorum Federal Credit Union · 9 mo 4.40% OMB Bank · 1 yr 4.50% Quorum Federal Credit Union · 18 mo 4.65% Raymond James Bank · 2 yr 4.70% Raymond James Bank · 3 yr 4.85% Raymond James Bank · 4 yr 4.95% Raymond James Bank · 5 yr 5.00% Raymond James Bank
These are the same statewide leaders on every county page — banks and online banks take anyone, and the credit unions here are open to all. Membership conditions are on each institution's page.
| Institution | Branches in Bay | Best standard CD | Who can open |
|---|---|---|---|
| Innovations Financial Credit union | Lynn Haven, Panama City, Panama City Beach | 4.00% 8 mo · $1k min | 10 FL counties |
| United Community Bank Bank | Panama City | 3.80% 8 mo · $2.5k min | Anyone |
| Panhandle Credit union | Lynn Haven, Panama City, Panama City Beach, Southport | 3.75% 1 yr · — min | 7 FL counties |
| The Huntington National Bank Bank | Panama City, Panama City Beach | 3.66% 5 mo · $1k min | Anyone |
| Hello Credit union | Panama City, Panama City Beach | 3.25% 7 mo · $500 min | 8 FL counties |
| First Commerce Credit union | Panama City | 3.10% 4 yr · — min | Anyone (via a partner group) |
| Wells Fargo Bank, National Association Bank | Panama City, Panama City Beach | 1.51% 1 yr · $2.5k min | Anyone |
| First Federal Bank Bank | Panama City | 1.07% 6 mo · $100k min | Anyone |
| Truist Bank Bank | Panama City, Panama City Beach | promos only — see page | Anyone |
| Hancock Whitney Bank Bank | Lynn Haven, Panama City | promos only — see page | Anyone |
| Renasant Bank Bank | Panama City | promos only — see page | Anyone |
| Champions First Credit union | Panama City | promos only — see page | 18 FL counties |
Also with branches in Bay County, but not posting CD rates on their websites (ask in the branch): Regions Bank (Callaway, Lynn Haven) · Centennial Bank (Mexico Beach, Panama City) · Capital City Bank (Panama City, Panama City Beach) · Ameris Bank (Lynn Haven, Panama City) · Trustmark Bank (Lynn Haven, Panama City) · PeoplesSouth Bank (Lynn Haven, Panama City) · ServisFirst Bank (Panama City) · Community Bank of Mississippi (Panama City, Panama City Beach) · MidSouth Bank (Panama City, Panama City Beach) · SmartBank (Panama City) · Southeast First National Bank (Panama City).
| Institution | APY | Term | Minimum | The catch |
|---|---|---|---|---|
| First Commerce 1 location: Panama City | 4.25% promo | 13 mo | $1k | Triple Option CD Special — Promotional 13-month Triple Option CD; a second ZIP-dependent rate table prints 4.25% APY |
| Wells Fargo Bank, National Association 2 locations: Panama City, Panama City Beach | 4.25% promo | 11 mo | $5k (cap $2.5M) | 11 month Special Fixed Rate CD (Relationship APY) — Max $2.5M · Requires linked checking — Miami/Tampa pricing (varies by location) |
| Wells Fargo Bank, National Association 2 locations: Panama City, Panama City Beach | 4.25% promo | 11 mo | $5k (cap $2.5M) | Special Fixed Rate CD (11 month) - Relationship APY — Max $2.5M · Requires linked qualifying checking — Orlando/Jacksonville pricing (varies by location) |
| Hancock Whitney Bank 2 locations: Lynn Haven, Panama City | 4.25% promo | 2 yr | $1k | Promotional CD (ZIP 33602) — $1,000 deposit required to open and earn the promotional APY |
| Hancock Whitney Bank 2 locations: Lynn Haven, Panama City | 4.15% promo | 11 mo | $1k | Promotional CD (ZIP 33602) — $1,000 deposit required to open and earn the promotional APY |
| Wells Fargo Bank, National Association 2 locations: Panama City, Panama City Beach | 4.10% promo | 7 mo | $5k (cap $2.5M) | 7 month Special Fixed Rate CD (Relationship APY) — Max $2.5M · Requires linked checking — Miami/Tampa pricing (varies by location) |
| Wells Fargo Bank, National Association 2 locations: Panama City, Panama City Beach | 4.10% promo | 7 mo | $5k (cap $2.5M) | Special Fixed Rate CD (7 month) - Relationship APY — Max $2.5M · Requires linked qualifying checking — Orlando/Jacksonville pricing (varies by location) |
| First Commerce 1 location: Panama City | 4.00% promo | 13 mo | $1k | Triple Option CD Special — Promotional 13-month Triple Option CD; renews as standard 12-month CD; one of two rate tables shown (ZIP-dependent) prints 4.00% APY |
The statewide promo board, with every catch spelled out, is on the homepage.
Lynn Haven · Panama City · Panama City Beach
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