Panacea to offer banking and lending services
to eligible AMS members
LITTLE
ROCK, Ark., May 12, 2022
/PRNewswire/ -- Panacea Financial (Panacea), a division of
Primis Financial Corp. that provides financial services for
physicians, dentists, and veterinarians through all stages of their
training and practice, has partnered with the Arkansas Medical
Society (AMS), the largest organization of physicians in
Arkansas, with over 4,000 members
across all specialties and employment settings, to provide
preferred physician-centric banking services to AMS members.
Tyler Stafford, CFA, CEO and
Co-Founder of Panacea said, "While we serve physicians nationwide,
we're thrilled to partner with such a strong, physician-led
organization in our own backyard of Arkansas and offer its members highly
specialized and tailored banking solutions designed just for
physicians and trainees."
Panacea is a financial services company created for doctors, by
doctors that provides tailored product offerings and service
delivery designed specifically for physicians, dentists, and
veterinarians throughout their career: from school, through
training, and into practice. Panacea's products cover the full
suite of banking needs for this unique population, including PRN
personal loans, student loan refinancing, and practice loans.
"The costs to become a physician are unimaginable to most of
us," according to David Wroten,
Executive Vice President of the Arkansas Medical Society.
"Medical school graduates face an average debt load of over
$200,000 and that's before trying to
obtain a home mortgage or finance a practice start-up. Panacea has
created a banking solution that understands the unique challenges
that physicians face and we are excited to be able to offer this to
our AMS members."
Panacea President and Co-Founder, Michael Jerkins, MD, added, "I personally
understand how important it is for our community to have strong
advocates like the Arkansas Medical Society. That is why we are so
excited to be able to support AMS and their members across the
state with solutions that ease some of the financial pain points we
experience during our careers as physicians."
For more information, please visit www.panaceafinancial.com.
About Panacea Financial
Panacea Financial, a Division of Primis Financial Corp.
(NASDAQ: FRST), is a nationwide financial services company
offering products in all 50 states as well as Washington, D.C. and Puerto Rico. Panacea offers a full suite of
banking solutions specifically built for physicians, by physicians.
Follow Panacea Financial on Instagram, Facebook, Twitter, and
LinkedIn
About the Arkansas Medical Society
AMS represents the
physicians in Arkansas who are
committed to shaping medicine's future. As simple as "two heads are
better than one," we believe that by combining our efforts, we are
stronger. We extend your reach as an individual and provide an
atmosphere where our organized efforts can make a real difference
in the health care of Arkansas.
Media Contact for Panacea Financial:
media@panaceafinancial.com
Media Contact for AMS:
ams@arkmed.org
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SOURCE Panacea Financial