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About EQ Bank Equitable Bank
EQ Bank, part of Equitable Bank, is a digital financial services provider based in Canada. Founded in 1970 and transitioning to a Schedule I bank in 2013, it serves over 670,000 customers directly and six million credit union members through partnerships. The bank focuses on leveraging technology to offer innovative banking solutions, positioning itself as Canada’s "Challenger Bank™."
EQ Bank provides a range of services, including high-interest savings accounts, GICs, and hybrid accounts through its digital platform. It also offers residential lending options such as prime mortgages and specialty lending, as well as commercial banking services for multi-unit residential projects and small-to-medium enterprises. Additionally, EQ Bank has a wealth management division that includes retirement-focused products and alternative asset management through its subsidiary, ACM Advisors. With a fully digital model and a commitment to customer service, EQ Bank operates nationally with over 1,800 employees across major Canadian cities.
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