Monday, November 9, 2026 · Customer reviews of US businesses
The Fair Hearing score
Excellent
589 reviews
Panacea FinancialSelect a line to read only those reviews.
Honesty, pricing, process and quality scores appear once 5 customers have rated them.
At our core, we are a nationwide financial services company, formed out of passion for improving the lives of medical professionals. Panacea Financial is a company founded by physicians offering a full suite of banking services to physicians, dentists, veterinarians and podiatrists at all stages of their career. Our founding partners and advisory board have decades of experience as practicing physicians and within the finance industry and as a result, we recognize the unique challenges doctors have with traditional lenders. We are partnered with Primis Bank for our banking products, a publicly traded and state chartered member of the FDIC.
Panacea Financial (panaceafinancial.com) has 589 customer reviews on The Fair Hearing, with an average rating of 4.9 out of 5.
Showing 571 reviews with 5 stars · Clear filters
I needed some extra money to close on a construction loan. This was the easiest and most efficient encounter I’ve ever had with a bank. Parker was great in coordinating my loan, always available and always helpful. I would recommend Panacea to any physician or professional who needed a quick loan and great service.
By Rob M.
Great experience beginning to end. I had occurred some credit card debt while in residency and wanted to consolidate the debt into one loan. I got multiple pre-approvals from other banks but none of the was even close when it came to interest rate. Panacea offered me a loan with interest rate that was less than half of the lowest interest rate I got elsewhere with even longer term (more time to payoff the loan and thus lower monthly payment), and they didn’t even do a hard pull on my credit, it was just a soft inquiry and thus doesn’t not affect your credit score. Add to that that the fact that the minimum required monthly payment is about $100 a month while in training and no penalties to pay off earlier. This was a great experience all together. I recommend this to any other physician in training. I would also like to give a special shout out to Alex Kugler, the personal banker that was assigned to my account. He was very responsive and would reply to emails within minutes not matter what time I emailed him and he walked me through the whole process.
By F N.
Easy to work with, friendly, and efficient.
By Kelley G.
Excellent customer service
By manu L.
Banking service is quick and readily available. Highly recommend to others that need to cover living and schooling costs.
By Anonymous
Raquel Powers did an amazing job helping me find a loan that was suited to my needs, walking me through each step, and then helping me to create a checking account. Really outstanding communication! (Note, I never write reviews so I was genuinely impressed).
By Michael M.
Best physician loan available in the market. Would like to thank Mr. Alex, my primary banker, who helped me throughout the whole process, very professional, knowledgeable and easily approachable. Approved my loan in few hours. Had a great experience with panacea financial. Would highly recommend to my colleague residents.
By Amanjung S.
Excellent experience with Panacea Financial. I am a medical resident. Alex was my primary care banker. I can't thank him enough for helping me and guiding me during this process. I got my PRN loan approved, and the fund was in my checking account in less than 48 hrs.
By Doris C.
