BUSINESS
Checking & Savings Accounts
Loans for medical, dental and veterinary practices, business checking and savings accounts for all businesses! Take advantage of free business checking and savings accounts online without the hassle.
Banking Made Easy
Savings
Our Panacea Business Savings Account offers an excellent rate at 150x Bank of America’s Business Savings3 – 1.50% APY2.
Checking
Our Panacea Business Checking Account is designed with you in mind with free ATM use nationwide, no overdraft fees, and a custom debit card.
Best of all, our mobile app and online banking provide maximum flexibility and convenience. If you want to speak with us, we’re always available 24 hours a day, 7 days a week.
100% Free Business Checking
- 0.10% APY on balances > $100,000
- FREE ATM use nationwide1
- FREE incoming & outgoing wires
- FREE custom checks
- FREE custom debit card with self-service card management
- FREE cashier’s checks & stop payments
- NO fees
Business Savings
Available to all businesses owned by doctors and non-doctors alike!
- 1.50% APY2 – 150x Bank of America’s Business Savings APY3
- Open an account with as little as $25
- Fund your account for free!1
- FDIC insured4
Manage Your Practice Debit Card Yourself
No time to call the bank? Card Management gives every debit cardholder at your practice self-service control of their card — freeze or unfreeze it, report it lost or stolen, set a PIN, add travel plans, and set alerts and controls on where, when, and how it’s used, all from business online banking or the mobile app. It’s an extra layer of fraud protection that works around your schedule. To get started, log in, open “Cards,” and use “Switch or Add Card” to add your card.
- Freeze or unfreeze
- Report lost or stolen
- Set a PIN
- Add travel plans
- Set alerts and controls on where, when, and how it’s used
Additional Services
- Remote deposit – Funds available next day
- ACH services – Schedule recurring or one-time payments
- Fraud protection
- Wire services – Unlimited incoming and outgoing domestic transactions
FAQs
Who is eligible for a business checking and savings account?
Our totally free business checking and savings accounts are available to all businesses! We want to share this product with businesses in every industry!
Where do I get money from an ATM?
With a totally free Panacea Business Checking Account, you can use any ATM in the country, and we'll reimburse you all the fees at the end of your statement cycle. It's totally free!
Where can I use my business debit card?
Our business debit cards are on the VISA Network - accepted by 44 million retailers and in over 200 countries around the world. Take your card everywhere!
How does a Panacea Business Savings Account compare to others?
Panacea Business Savings Accounts differ because of no minimum balance, 24/7 support, FDIC insured and more! Many business savings accounts don’t have high interest rates, but we are committed to offering the best rate to all of our business customers.
Can I manage my business debit card online?
Yes. Card Management in business online banking lets you freeze or unfreeze your card, report it lost or stolen, set your PIN, add travel plans, and set spending alerts and controls. Business cards aren’t loaded automatically — select “Switch or Add Card” on the Card Management dashboard to add your card. See our help article for a full walkthrough.
Can I manage cards for other people at my practice?
Each cardholder manages their own card. Anyone at your practice with a Panacea business debit card can log in to their own online banking and add their card the same way — so every cardholder gets the same self-service control and fraud protection.