Get Up To $300
When You Open A Panacea Checking Account⁵

Practicing physicians, dentists, and veterinarians and individuals in medical, dental, or veterinary school, residency, or fellowship are eligible to open checking and savings accounts with Panacea Financial.

We also offer limited access to friends, family, and colleagues with a valid referral code from an existing customer.

Yes, Panacea Checking and Savings Accounts can be opened at any point in your career as a doctor, from medical, dental, or veterinary school through retirement.

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!

No, you don’t have to close your existing bank account to open an account at Panacea Financial. You’re welcome to keep your current bank where it is and use it alongside your Panacea account. Opening an account with us simply gives you access to our full suite of products and services; it’s your choice how you want to use it. 

No, the minimum amount to open our online savings account is $25, and you will get our best rate on every dollar in your account, at any amount.

Yes, all of our accounts come with free overdraft protection.

Yes, your deposits are FDIC insured up to $250,000, per depositor, per ownership category. We are a division of Primis, a state chartered and publicly traded institution. Member FDIC.

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.

Have more than $250,000? Insure up to $125 million per tax ID through our high-balance deposits protection offering. Learn more »

If you have a loan with Panacea, banking with us can provide added benefits. Customers who set up automatic loan payments from a Panacea account may be eligible for discounts, depending on the loan product. Plus, you can manage both your loan and deposit accounts in one convenient app, making it easier to track your full financial life in one place.