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Navy
Fleet and Family Support Center - Personal Financial Management Services
101 Vernon Avenue
Naval Support Activity Panama City
Building 387
Panama City Beach, FL 32407-7018
850-235-5611
850-235-5800
Contact information for key programs and services at this installation.
Resources are available to help you understand and manage your finances, including one-on-one financial counseling to assist you and your family with financial readiness. Services are designed to focus on money management issues throughout your active-duty lifecycle and into retirement. Financial readiness educational opportunities range from basic planning to long-term investing. Check out the information below to see what’s available at your installation.
Financial guidance is available by an accredited financial counselor under the Personal Financial Management Program on base. These financial educators provide one-on-one financial counseling to individuals and married couples who want to improve their money management skills and control their household finances.
Appointments
Appointments to meet with the financial counselor can be made by contacting the Fleet and Family Support Center at 850-235-5611 or by asking for a referral appointment by the member's command financial specialist. Some common areas of assistance for financial education include: creating an effective financial plan for a household, credit and debt management, retirement planning, savings and investments, insurance and risk management, car- and home-buying strategies, military pay and allowances, consumer advocacy topics related to predatory lending or scam prevention and many other financial topics.
Panama City metropolitan area is a tourist area that has what is considered a high cost of living. Government industry, manufacturing, commercial fishing and services make up the local economy.
The average cost of renting an apartment or home in the area varies upon your location with the average two- or three-bedroom rental being between $1300-$2000 per month. The median sell price for homes in Bay County is $352,900. However, there are multiple factors that impact the housing price so check with the NSA Panama City Housing Office for up to date housing costs.
The state of Florida's minimum car insurance coverage requirements are $10,000 property damage liability, $10,000 personal injury protection and no greater than a $2,000 deductible. Florida is considered a no-fault state; therefore, it requires PIP coverage.
Should you encounter a situation where you need emergency financial assistance while in transit and you are near a military installation, contact the servicing relief agency (for example, Navy Marine Corps Relief Society, Air Force Aid and others).
The Navy-Marine Corps Relief Society’s education program offers interest-free loans and scholarships for Navy and Marine Corps families pursue their academic goals.
To obtain application materials or additional information on these programs and other NMCRS education programs, call 703-696-4960, go to https://www.nmcrs.org/pages/education-loans-and-scholarships.