Physicians Can Now Use Digital Channel to Easily Apply for Loans and Deposit Products Using Online and Mobile Tools
F.N.B. Corporation announced it has launched Physicians First, a fully digital program for specialized loan and deposit products for physicians, dentists, veterinarians and other healthcare professionals.
Available online, in-branch and via mobile device through FNB’s proprietary eStore, Physicians First provides a bundled suite of digitally accessible solutions that address the personal and professional financial needs of the medical community — all in one place. By utilizing the eStore, FNB enables customers to conduct their banking, complete applications, upload information and schedule appointments with financial professionals online.
With more than 250,000 physicians, dentists and veterinarians in its multi-state footprint and over $4 billion in new medical student debt created each year, FNB introduced Physicians First based on its significant potential to improve financial outcomes for members of the healthcare industry. The program packages commercial loans, deposit products, mortgages and consumer loans and wealth management services, as well as a new Physicians Education Refinance Loan to pay off medical school loans.
“Physicians First presents an exciting and scalable opportunity to use FNB technology to deepen our client relationships and give busy healthcare professionals tools to save time and achieve their goals,” said Vincent J. Delie, Jr., Chairman, President and Chief Executive Officer of F.N.B. Corporation and First National Bank. “We have seen significant growth in our physicians’ loans over the past twelve months and applied our leading digital platform and extensive experience to develop a very unique, efficient way to meet the obvious demand for services that are specialized for these customers’ needs.”
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Physicians First packages a range of solutions to accommodate every stage of a doctor’s career and life, including:
- Mortgage Solutions: A specialized mortgage program developed to streamline the homebuying process for interns, residents, fellows and established professionals, with flexible terms based on their unique situation and long-term goals.
- Consumer Banking: A wide range of personal deposit, credit and financial planning products and services, as well as Private Banking and wealth management capabilities for physicians who value an in-depth relationship with a vested partner.
- Business Products and Services: An array of solutions to support growth and success for practices of all sizes, including practice buy-in, equipment financing and leasing and other commercial lending solutions, as well as insurance, cash and treasury management, wealth management and employee benefits.
The Physicians First program was designed to serve professionals with one or more of the following degrees: M.D., D.O., D.D.S., D.V.M., D.M.D. or others that require Doctor of Medicine or substantially similar degrees in the medical sciences.