KeyBank and Laurel Road unveil digital bank specifically for doctors

Laurier Road, a brand of KeyBank, announced earlier this week the launch of Laurel Road for Doctors, a digital bank specifically for doctors and dentists. According to Laurel, the goal of the new digital bank is to help ease the burden on doctors of paying off student debt, find a better work-life balance, and plan for the future, many of which have worked without. release during COVID-19. pandemic.

“With Laurel Road for doctors, Laurel route and KeyBank extend its existing line of bespoke digital banking and lending products and its extensive experience working directly with physicians to create a platform that addresses the distinct challenges of this community. “

. The online experience, from creation to maintenance tools, will include new offerings such as:

  • Cash back for student loan Credit card: The only credit card that offers 2% cash back to pay off student loans with more loan officers.
  • Student Refi loan & Tied savings: Link new savings accounts when refinancing student loans to build up savings while earning an even lower interest rate.
  • High yield savings Account: Qualified borrowers can open an account and earn 10 times the national average annual percentage return (APY), with $ 0 to open, no minimum balance and no monthly maintenance fees to accelerate savings goals.
  • Financial informations : Personalized data and advice that enables physicians to compare themselves to those in similar specialties in terms of salary, debt and more, use educational content to develop financial literacy, and access personalized information to budgeting.
  • Laurel route Advantages!: Exclusive offers, discounts and benefits through a newly established and growing partner network of premium brand partners such as P.volve, Sakara, Rent the Runway, Brooklinen, KidPass, Talkspace and The White Coat Investor.
  • Premium care team: Specialists in financial health support to provide personalized care seven days a week.

Speaking of the launch, Chris Gorman, Chairman and CEO of KeyCorp, added:

“We acquired Laurel Road in 2019 with the intention of developing this digital company. With this new digital banking offering, we are able to provide a secure online experience and personalized banking solutions to meet the unique needs of physicians and dentists.

About Hector Hedgepeth

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