Panacea Financial (panaceafinancial.com) has a 4.7 out of 5 rating on OK.one, based on 60 user reviews collected here. It is listed under Money & Insurance and its reputation is excellent. Praise is nearly unanimous, with 94% rating it 4 stars or higher; The business has replied to 67% of negative reviews. Last updated 2026-08-10.
Th process was easy to apply for the loan. My only issue was the turn around time from application to actually receiving the loan. I felt like I had to be the one to constantly reach out to the loan advisor for an update instead of them keeping me updated from their end. The company advertises being approved in 24hrs but it took over a week before everything with my loan was settled. And I don’t have any crazy outstanding debts or poor credit, my credit score was pretty high. Overall, the experience was okay, I just wish there was a little more clarity on timeline and better communication
My primary care banker was so nice to answered all my question and the process was smooth and quick! I recommend Joe to all my co-workers
T
Thomas · 1 review · Verified · Experienced 2026-04-01 ·
★★★★★
Hard working, responsive team
Adam did a great job of working within some of the severe time and technical constraints I was dealing with whilst coordinating a cross-country relocation. When he had to be out of the office, he took initiative to forward all information to Jake, who picked up right were Adam left off and also did a great job. I am glad I chose this company.
As a dentist with 28 years of experience, I’ve dealt with many banks, but Panacea is truly in a league of its own. I was in the middle of a complex relocation for a new contract, and while other banks just 'punched the numbers' and gave an automated answer, Panacea actually listened to my story.
My advisor, Adam, was exceptional. He communicated clearly at every single step and kept me updated throughout the entire process. It’s rare to find a lender that treats you like a professional colleague rather than just a credit score. If you are a healthcare provider looking for a bank that understands the nuances of our careers, look no further!
Great Concierge Banking Service. Wonderful perks - think Primis Bank but even better. My only feedback - the automated emails and website are pretty basic/limited in their UI/UX. The iOS App and Web App do all the basics really well, but there just isn’t a slick interface. Think Windows XP instead of Mac OS.
Also — strangely, they send automatic balance updates at 12-noon instead of first thing in the morning (which does not make sense to me).
Additionally — be aware that it’s much easier and more predictable to get them on the phone than to email them. They do not respond to email in a timely manner (if at all). Calls are simple enough though. They pick up quickly and are quite helpful.
I switched to Panacea Bank because my previous favorite banking experience (Fidelity Investments CMA) has become so utterly tedious with extreme delays. Fidelity had a major fracas with Bank Fraud that led to them changing operational policies that include holding onto Mobile Check Deposits and Outside Bank to Fidelity Transfers between 5-10 business days while they verify presence of funds. I eventually found that delay an unacceptable and deeply inconvenient lack of prompt and reliable account liquidity.
I’ve been working with Panacea Financial since my residency - used their PRN loans. The process is very fast and seamless and direct communication in real time with your “personal care banker” is incredible. Rates are very competitive and ability to pay interest only while in training is very helpful for a resident or fellow. Could not be more happy with them! Special kudos to guys who were guiding me through the process - Tanner Reynolds and Parker Beller prior. Highly recommend.
I was very hesitant to leave my big box “national” bank for Panacea, whom I’d never heard of before going into practice. Jake Bunno my primary care banker has been nothing but STELLAR. I am very happy with not just the day to day personal banking services (and true concierge-level care) but enjoy their wealth management and lending services as well and couldn’t be happier. I have no regrets moving to Panacea and wish I had done so sooner.
