Panacea Financial, a division of Primis Bank, deposit products:
FDIC-Insured – Backed by the full faith and credit of the U.S. Government

Banking Built For Doctors,
BY DOCTORS

Banking Built
For Doctors,
BY DOCTORS

Whether moving for residency, opening a practice, or refinancing your student loans — Panacea Financial was built for you.

Whether moving for residency, opening a practice, or building your savings — Panacea Financial was built for you.

Get Started Today

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Who We Are

Created by doctors, for doctors, Panacea Financial’s mission is to make doctors’ lives better. We’re dedicated to making financing simpler to understand and easier to access.

Get To Know Us

PRN Personal Loans

Fair, affordable PRN Personal Loans designed for veterinarians, dentists, and physicians throughout their career: from school, through training, and into practice.

  • Transparent, fixed rates
  • No cosigner
  • Up to $50,000
Medical
Dental
Veterinary

Student Loan Refinance For Veterinarians, Dentists & Physicians

Refinancing designed specifically for the expensive debt accrued during medical, dental and veterinary school. Four rates to choose from that do not change — no bait and switch, no wasted time on a pre-application to find your rate.
  • Transparent Rates
  • No Maximums
  • No Cosigners
  • In-House Servicing
Medical
Dental
Veterinary

Transparent
Rates

No
Cosigners

No
Maximums

In-House
Servicing

Transparent
Rates

No
Maximums

No
Cosigners

In-House
Servicing

Medical
Dental
Veterinary

Personal Checking & High Yield Savings Accounts

Loans for doctors, checking and savings accounts for everyone. Take advantage of free checking and high-yield savings accounts without the hassle.

  • High-yield savings account at 3.80% APY2 – over 9x the national average!3
  • 100% free checking with unlimited ATM use nationwide.
  • No monthly fees. No overdraft fees. FDIC insured7.
Learn More

Panacea Financial, a division of Primis Bank, deposit products:
FDIC-Insured – Backed by the full faith and credit of the U.S. Government

Personal Checking & High Yield Savings Accounts

Checking and savings accounts for doctors, doctors-in-training, and their immediate family! Take advantage of free checking and high-yield savings accounts without the hassle.

  • High-yield savings account at 3.80% APY2 – over 9x the national average!3
  • 100% free checking with unlimited ATM use nationwide.
  • No monthly fees. No overdraft fees. FDIC insured7.
Learn More

Panacea Financial, a division of Primis Bank, deposit products:
FDIC-Insured – Backed by the full faith and credit of the U.S. Government

Practice Loans & Deposits

Lending and banking7 services for your practice needs.

The Panacea Practice Solutions team is here to help you accelerate your practice through specialized credit structures, competitive pricing, and experienced advice as you start, build, and grow your practice.

  • Partner Buy-In
  • Refinance/Consolidation
  • Acquisition
  • Expansion/Relocation
  • Equipment
  • Commercial Real Estate Financing
Business Loans
Business Accounts

Partner Buy-In

Refinance/Consolidation

Acquisition

Expansion/Relocation

Equipment

Commercial Real
Estate Financing

Insurance For Every Need

Protect yourself, your family, and your practice. Understand what you need as a student, trainee, or practicing doctor; if and how your current group policy can be improved upon; and ensure protection of your most important assets.

  • Life insurance
  • Disability insurance
  • Business insurance
  • Malpractice insurance
Learn More

Insurance For Every Need

Protect yourself, your family, and your practice. Understand what you need as a student, trainee, or practicing doctor; if and how your current group policy can be improved upon; and ensure protection of your most important assets5.

Life Insurance

Disability Insurance

Business Insurance

Malpractice Insurance

Learn More

Investment and Insurance Products are:

  • Not Insured by the FDIC or Any Federal Government Agency
  • Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any Bank Affiliate
  • Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested

Investment and Insurance Products are:

  • Not Insured by the FDIC or Any Federal Government Agency
  • Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any Bank Affiliate
  • Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested

Mortgages For Doctors

Mortgages built just for doctors provided through our partnership with Primis Mortgage6. Purchase your home or refinance an existing mortgage with the excellent service you deserve.

  • Competitive rates
  • Financing on your schedule
  • Dedicated mortgage team

Competitive rates

Financing on your schedule

Dedicated mortgage team

Get A Quote

Contract Review​

Looking at a job offer or need to understand how to exit your current role? A Panacea Legal contract attorney can help you review, understand, and negotiate your contract.

  • Evaluate an offer
  • Avoid red flags hidden in the fine print
  • Negotiate with your employer
  • Understand your exit options
Learn More

Contract Review

Looking at a job offer or need to understand how to exit your current role? A Panacea Legal contract attorney can help you review, understand, and negotiate your contract7.

Evaluate an offer

Avoid red flags hidden in the fine print

Negotiate with your employer

Understand your exit options

Learn More

Community Engagement

We are committed to diversifying our physician workforce through scholarships and grants to underrepresented minority medical trainees as well as funding like-minded organizations.

This is part of our mission, this is who we are. We will make medicine better.

Panacea Financial Foundation

Articles & Resources

Explore our collection of advice and tools to help doctors better position themselves for career and financial success.

Federal Student Loan Updates: Key Changes Impacting Doctors in 2025

Federal Student Loan Updates: Key Changes Impacting Doctors in 2025

Latest update made on July 2, 2025 The federal student loan landscape is undergoing significant transformations in 2025 with changes and proposals that directly affect...

A doctor holding his head while looking at a tablet as other healthcare professionals walk past.

Infographic: Student Loan Debt Among America’s Doctors in Training

Medical student debt isn’t just a number—it’s a growing source of stress for doctors in training. Our latest survey reveals just how deeply student loans...

A doctor sitting at her desk looking at a computer

Should You Buy or Start Your Own Medical Practice?

If you’re a physician ready to take the leap into practice ownership, you may be asking one of the most important questions of your career:...

See More »

Build Your Team

It takes a team of experts to navigate life as a doctor — build yours here.

Connect With An Expert

Panacea Financial Holdings partners with Primis Bank, Member FDIC, to deliver banking services through its Panacea Financial Division.

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About
FDIC-Insured – Backed by the full faith and credit of the U.S. Government

Investment and Insurance Products are:

  • Not Insured by the FDIC or Any Federal Government Agency
  • Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any Bank Affiliate
  • Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested
External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by Panacea Financial. Links are provided for informational purposes and should not be viewed as an endorsement
Fine Print
  1. $25 minimum opening deposit. Cannot fund (or open) new account via transfer from an existing Panacea account. Fees for ATM transactions at foreign (non-Primis) ATMs will be refunded within five business days after the statement cycle ends. Wire fees refunded up to $35 per wire for a funding wire over $10,000. No maintenance or activity fees apply to Panacea Checking accounts. For full details, please click here: Account Disclosures.
  2. APY = Annual Percentage Yield. The advertised APY is effective 12/31/2024 and subject to change thereafter. No minimum balance required to obtain the APY. The minimum to open a Panacea Savings Account is $25. Fees may reduce earnings. Offer is subject to change without notice and may be withdrawn at any time.
  3. National Average based on FDIC information as of 12/31/2024.
  4. All personal loans have a $100 origination fee. To obtain a new loan with Panacea Financial, you must also have a Panacea checking account; there is no fee to open the account, a minimum deposit of $25 required, and there is no minimum balance. Other fees and charges may apply, see this link for full terms and conditions. The minimum APR is 10.638% (with all discounts) and the maximum APR is 17.850% (with no discounts). The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths available. Actual rate depends on credit score, loan term, and other factors. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. There is no fee or penalty for repaying a loan early. We offer a 0.50% discount with auto-pay from a Panacea checking account and a 0.25% discount with auto-pay from a non-Panacea checking account. To check the rates and terms you qualify for, click “Get Started” and Panacea will conduct a soft credit pull to determine your possible rate and will not affect your credit score. Not all applicants qualify for the lowest rate or maximum loan amount; subject to credit approval. Total borrower maximum varies by stage of career and with credit score: In School maximum is between $1,000 – $10,000; In Training maximum is between $1,000 – $20,000; In Practice maximum is between $1,000 – $50,000. PRN Loans have no prepayment penalty or prepayment fee and may be repaid at any time after loan closing. The minimum repayment period is immediately after closing. The minimum and maximum term varies by employment status. In Practice and In Training PRN Personal Loans have repayment periods of 3, 5, or 7 years. In School PRN Personal Loans have repayment periods of 5 or 7 years. Example scenario of PRN In Training 5-year term loan: 14.176% fixed APR, $20,000 loan. APR includes $100 origination fee. Repayment is interest only monthly payments varying from $215.87 to $239.00 in years 1-3, fixed monthly payments of $965.22 in years 4 -5 (11 payments year 5), and one final fixed payment of $965.29. Total finance charges: $11,615.15. Panacea utilizes the Equifax credit bureau, with a FICO score minimum of 661 to qualify for a personal loan.
  5. Adverse Credit Event: two or more payments more than 30 days late, totaling more than $500, within the prior 6 months; accounts with a total outstanding balance greater than $1,000 that are 90 or more days delinquent as of the date of the credit report, or that have been placed in collection or charged off during the two years preceding the date of the credit report; default determination during the five years preceding the date of the credit report; bankruptcy discharge during the five years preceding the date of the credit report; repossession during the five years preceding the date of the credit report; foreclosure during the five years preceding the date of the credit report; charge-off/write-off of a federal student aid debt during the five years preceding the date of the credit report; wage garnishment during the five years preceding the date of the credit report; tax lien during the five years preceding the date of the credit report; consumer credit counseling within five years preceding the date of the credit report.
  6. Panacea utilizes the Equifax credit bureau, with a FICO score minimum of 661 to qualify for a personal loan.
  7. Banking services are provided by Panacea Financial, a division of Primis Bank, Member FDIC. Deposits at Panacea Financial, Primis Bank, and any of its divisions, brands or affiliates are aggregated to determine FDIC insurance coverage.
  8. Panacea Financial Holdings partners with Treloar and Heisel to deliver insurance services. Insurance products offered separately through Treloar & Heisel and Treloar & Heisel Property and Casualty. Insurance products are not a deposit, not FDIC-insured, not insured by any federal government agency, not guaranteed by the institution, and may go down in value.
  9. The information and advertised terms, including interest rates, are from Primis Mortgage Company (www.nmlsconsumeraccess.org NMLS# 1894879; Equal Housing Lender). Mortgage applications can only be submitted in those states that Primis Mortgage is approved to lend. Panacea Financial is not a mortgage lender in any transaction and does not make mortgage loans, mortgage loan commitments or lock-rates related to mortgage loans. All credit decisions for mortgage loans, including loan approval and the conditional rates and terms offered, are the responsibility of Primis Mortgage Company and will vary based upon the loan requested, the borrower’s financial situation, and criteria determined by Primis Mortgage Company. Not all consumers will qualify for the advertised rates and terms. All information provided is subject to verification. Other terms and conditions may apply. Panacea Financial does not guarantee that Primis Mortgage Company will make you a conditional loan offer and nothing herein or on this website is considered a commitment to lend. Panacea Financial is a division of Primis Bank and Primis Mortgage Company is a subsidiary of Primis Bank.
  10. Panacea Legal Services partners with Panacea Financial Holdings to assist with administrative and consultative services. The delivery of legal services will be the exclusive responsibility of Panacea Legal Services. Panacea Legal Services does not have a relationship with Primis Bank. ATTORNEY ADVERTISING. PRIOR RESULTS DO NOT GUARANTEE A SIMILAR OUTCOME. ANY COMPLAINTS ABOUT THIS ADVERTISEMENT OR THE REPRESENTATION OF ANY LAWYER MAY BE DIRECTED TO THE SUPREME COURT COMMITTEE ON PROFESSIONAL CONDUCT, C/O CLERK, ARKANSAS SUPREME COURT, 625 MARSHALL STREET, LITTLE ROCK, ARKANSAS 72201.
  11. Bank of America Business Savings rate based on Bank of America website information as of 12/31/2024.

Routing number for all Panacea Financial, a Division of Primis Bank, accounts: 051409278

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