FDIC-Insured – Backed by the full faith and credit of the U.S. Government
OpenEvidence Users:
Get $150 When You Open A Panacea Checking Account*
Fee-free checking built for doctors, with a welcome bonus to kickstart your financial foundation.
Offer ends April 19, 2026
FOR DOCTORS,
BY DOCTORS
7000+
DOCTORS TRUST PANACEA
$1B+
IN DOCTOR
LOANS FUNDED
40+
NATIONAL AND STATE ASSOCIATION PARTNERS
Get Your $150 In 3 Steps*
Open a Panacea Checking Account.
Apply online. So easy to open, you can do it between patients.
Set up a qualifying direct deposit.
Receive a $200+ qualifying direct deposit within the next 45 days.
Your $150 bonus hits your account at your next statement cycle. Done.
Spend it, save it, enjoy it!
Banking Designed For Doctors
- Everyday banking without monthly or overdraft fees.
- No minimums1. Just banking that works.
- Real humans. 24/7/365. Because your schedule isn’t 9-to-5.
Why Doctors Choose Panacea
We get it. Irregular income during training. Career transitions. The need for a bank that doesn’t nickel-and-dime you. We built Panacea because we’ve been there.
“This is what banking should feel like. No matter what stage you are in your career as a physician, if you need some financial assistance, I’d recommend choosing Panacea.” – Zachary Gallo, MD, Medical Resident
Banking That Fits Between Rounds
Everyday Banking
- Online bill pay and recurring payments
- Free nationwide ATM access1
Security & Control
- Real-time alerts
- FDIC insured4
One App. One Login.
- Manage checking, savings, and loans in one place
- Account aggregation to see all your finances together
FAQs
Disclosures
* Eligibility and Offer: New Panacea Financial deposit customers who open a checking account through the OpenEvidence campaign can earn $150 cash back by receiving a qualifying direct deposit of $200 or more within 45 days of account opening. Qualifying Direct Deposits: Qualifying direct deposits include any ACH deposit from an employer, payroll provider, or government agency—like a paycheck, Social Security benefit, or pension. Transfers from Zelle, Venmo, PayPal, or other internal transfers do not apply.
Bonus Payment: Bonus will be paid at the next statement cycle after the qualifying direct deposit is received. Account must be open and in good standing at the time of the bonus payment. Promotion Period: The OpenEvidence Direct Deposit Promotion will begin on February 18, 2026 at 12:01 AM ET and end on April 19, 2026 at 11:59 PM ET. Terms and Conditions: Promotional credit may be reported as interest on a 1099-INT if over $10. Limit one bonus per customer. Offer available to new customers only; existing Panacea Financial deposit account holders are not eligible. Offer may change or end at any time. Important Notice Regarding Promotional Bonus Eligibility: At Panacea, we are committed to honoring all qualifying deposits as outlined in our promotional materials. However, in rare cases, certain employers, payroll providers, or government agencies may not label payments in a way that allows us to recognize them as direct deposits. If you believe you have met the requirements of this promotion but have not received your bonus by the designated date, please contact us at https://panaceafinancial.com/contact/. Be sure to include the details of your qualifying deposit so we can investigate your claim thoroughly. We will review your submission and, based on our findings, take the appropriate steps to ensure you receive any eligible rewards.