Panacea FinancialReviews of panaceafinancial.com

Highly recommend Panacea Financial. The application process was very fast and only required a soft credit pull!

This company is brilliant. The fact that they consider future earnings potential as opposed to just the standard credit factors is a godsend. My husband started an application on a Monday, and was able to sign loan documents early that afternoon. He was informed that the funds will be disbursed and will hit our account within the next 3-5 business days (and, from what I gather, it could be as little as 24 hours if being disbursed to a Panacea Financial bank account). The concierge service and the personal banker my husband interacted with were professional, friendly, and cognizant of a busy 2nd year resident's schedule. I was also able to call the concierge service and ask questions about the documentation requirements and received the same courteous service. I could not recommend this financial institution enough. UPDATE: At the last minute (like probably 3 or 4:30 pm EST), I asked my husband to check with our personal banker to see if we could open a Panacea Checking account and have the loan proceeds disbursed to the new account. Knowing it was probably a long shot, I anxiously waited for my husband's reply. Within minutes, our personal banker had responded with instructions on how to open the checking account, stating that he would have underwriting send revised contracts showing the funds to be disbursed to our brand new checking account. My husband received the revised contracts around 9:30 am CST, signed them, and within an hour (maybe two), our account was funded. I thought that it was not possible for this financial institution to impress me more, yet they have (and I would guess they will continue to) with each and every interaction.

Prompt, professional, no gimmicks, and excellent rates. I was approved and funded in one day. I highly recommend Panacea Financial. Glad I found these guys! Thank you

I highly recommend this company. My husband and I are both medical residents, meaning we have a large amount of debt without the salary to match. Panacea felt like a godsend because they took our unique financial circumstances and future income potential into account. Their rate was much better than other lenders, including those other lenders who cater to medical professionals. We were somewhat skeptical with the whole process being online and the company being relatively new, but after talking to a banker on the phone I felt comfortable and decided to proceed. I am so glad I did. The whole process was straightforward, streamlined, and even pleasant. We were assigned a personal banker and have had amazing service every step of the way with our loan and checking account. Highly recommend!

Panacea Financial is unlike any other financial institution I’ve encountered. The online interface is very user friendly and the staff are very responsive and helpful. I truly feel like I’ve joined a family. I would highly recommend their services.

Panacea Financial is really easy to work with, from application to website. I particularly appreciate the personal banker aspect - mine is readily available and responds to emails promptly. Customer service is obviously important and I feel valued as a customer.

I opened up a checking and savings account with Panacea and they have been nothing but helpful and readily available. It was extremely easy to set up an account with them! I am not a doctor, but I can tell that I am still an extremely valued client! Looking forward to utilizing them for all my banking needs!

Let me start by saying that I am not a doctor, nor am I in the medical field. I found Panacea while looking for an online bank with low maintenance fees and a decent interest rate on my money. Panacea offers both, and so much more. The ease of opening a new account is incredible. The clarity and transparency of the account disclosures is unlike anything I've seen before. It's almost like these guys want you to understand how your money is handled. Within an hour of applying, I was approved and I received an email (from a real person no less) welcoming me and making sure all of my questions were answered and my needs were being met. All of this happened without leaving my couch. The actual accounts are perhaps more impressive, though. No ATM fees anywhere, free checking, and 24 hour a day customer service. Plus a .60% interest rate! While I cannot take advantage of some of the financial products geared toward those in the medical field, I could not be happier with a bank and I am thrilled I found Panacea.