Panacea Financial

4.9

9 reviews
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98%

98% of reviewers recommend Panacea Financial. Top Rated in this category

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Category:

Banking

Panacea Financial is 10 out of 55 best companies in Banking on RealReviews.io

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About Panacea Financial

Panacea Financial is a nationwide digital bank dedicated to serving medical professionals. Founded by physicians, it provides tailored banking services for doctors, dentists, veterinarians, and podiatrists at every career stage. With decades of combined experience in medicine and finance, the team understands the unique challenges medical professionals face with traditional lenders. Panacea Financial operates as a division of Primis Bank, a publicly traded, state-chartered member of the FDIC. The company’s mission focuses on improving financial solutions for those in the healthcare field.

Key Details:

  • Location: The company is headquartered in Little Rock, United States.
  • Founders: Panacea Financial was founded by Dr. Ned Palmer, Dr. Michael Jerkins.
  • Foundation Date: The company was established in the year 2010.

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  • B

    Benjamin

    1 reviews

    Residency-friendly lending

    Application was tailored to my training schedule and the PRN structure made cash flow sane. Communication was steady and funding landed fast. Banking app is clean, with no surprise fees. The specialty focus really showed.

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  • H

    Harrison Tang

    1 reviews

    Banking that respects time

    Felt confident opening accounts and using mobile deposit. Support replies promptly. For physicians, it’s a relief to have fewer hoops.

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  • P

    Peter Gilberts

    1 reviews

    App help late night

    Message about mobile deposit cleared within minutes with a clear fix. Professional and fast resolution.

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  • J

    Julian T.

    1 reviews

    Tailored for med pros

    I felt understood as a resident. Approval was quick. Rate was competitive and terms fit my schedule well.

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  • R

    Rachel

    1 reviews

    United States

    This was from start to finish a GREAT experience.

    This was from start to finish a GREAT experience. I had a gap between fellowship and attendinghood and got some credit card debt. A fast and simple loan from Panacea helped me clear that with a much better interest rate than my credit card. This will really save me thousands over 3 years. Alex my “primary care banker” made the process smooth and took very little time to get this done.

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  • N

    Nick Acosta

    1 reviews

    United States

    I got GREAT customer service.

    I got GREAT customer service. The team was quick, helpful, professional, and always on time. I’ve worked with other banks for loans, but Panacea stands out by far. They really care about their customers. They always treated me with respect. Picking them was one of the smartest choices I've ever made.

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  • M

    Michael S.

    1 reviews

    United States

    My wife and I had the chance to work with Brandon Finazzo

    My wife and I had the chance to work with Brandon Finazzo at Panacea for financing our dream practice. My wife is a pediatric dentist, and I am an orthodontist. We always wanted to have a practice that would combine both our specialties. We faced challenges with other dental lenders because of the size of the practice that would fit both of us. Brandon and his team at Panacea understood our unique setup and made everything easy from start to finish. We are three months into owning our dream practice, and we couldn't be more pleased. Brandon was a joy to work with; very quick to respond and professional all the way. We strongly recommend Panacea.

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  • S

    Sandy

    1 reviews

    United States

    The communication and personal attention

    The communication and personal attention the banker showed was great. It made my choice and experience with Panacea Financial simple and pleasant.

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  • O

    OPR

    1 reviews

    United States

    I honestly couldn't have asked for a more smooth

    I honestly couldn't have asked for a more smooth experience with this team. I’m often busy and have little time for personal matters, but Sarah took care of my case and guided me through each step. I explained to her that I was in residency and needed to move, and she made sure I got the support I needed. Although there are some negative posts online, I can say with certainty that Panacea Financial is a great fit for people like me.

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