Checking & Savings Accounts

Fast and free, our mobile banking is built by doctors, for physicians and dentists at all stages of their career: from school, through training, and into practice.

Learn more about our account options

Panacea Checking

Panacea Savings

no hidden fees icon
100% Free Checking
Unlimited and Free ATM Use1
24/7 Support
FDIC Insured
no hidden fees icon
100% Free Checking
Unlimited and Free ATM Use1
24/7 Support
FDIC Insured

Banking Made Easy

Our Panacea Checking Account is designed with you in mind with free ATM use nationwide, no overdraft fees, and a custom debit card.

Our Panacea Savings Account offers an excellent rate well above the national average, to help you protect and grow your cash.

Best of all, our mobile app and online banking provide maximum flexibility and convenience. If you want to speak with us in person, we’re always available 24 hours a day, 7 days a week.

It’s our way of supporting those who dedicate their lives to taking care of others.

Ready? You can open your account online in as little as 8 minutes.

Panacea Checking

Panacea mobile banking app and Visa debit card - take us everywhere

Download our mobile banking app today!

Panacea Checking

Panacea mobile banking app and Visa debit card - take us everywhere

Download our mobile banking app today!

Panacea Savings

Panacea Savings rate is 10x the national average

Panacea Savings

Panacea Savings rate is 10x the national average

FAQs

  • Our totally free checking and high-yield savings accounts are available to everyone! We want to share this product with everyone in the healthcare industry.
  • With a totally free Panacea 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!
  • Our debit cards are on the VISA Network - accepted by 44 million retailers and in over 200 countries around the world. Take your card everywhere!
  • No! The minimum amount to open an account and you will get our best rate on every dollar in your account, at any amount.
  • Our application process takes just 8 minutes, and we can have your account open and funded in as little as one business day. Start using your account today!
  • All of our accounts come with a free $100 overdraft protection. If you have a savings account with Panacea, you can use this to provide free, expanded overdraft coverage.
  1. $25 minimum opening deposit. Cannot transfer balances from existing accounts. ATM Refunds of foreign transactions will be refunded within five business days after the statement cycle ends.
  2. APY = Annual Percentage Yield. The advertised APY is effective 7/1/2021 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. Up to six transfers or withdrawals per statement cycle.
  3. National Average based on FDIC information as of 11/15/2021.
  4. FDIC Insurance limit is $250,000, per depositor, per ownership category.

Routing number for all Panacea Financial accounts: 051409278​

Here’s to better financial solutions for physicians and dentists