Equitable Bank

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Equitable Bank is a Canadian bank that specializes in residential and commercial real estate lending, as well as personal banking through its digital arm, EQ Bank. Founded in 1970 as The Equitable Trust Company, it became a Schedule I Bank in 2013 and has since grown to become Canada's seventh largest bank by assets. EQ Bank was Canada's first digital bank, serving more than 578,000 customers across Canada. EQ Bank has been recognized as the Top Schedule I Bank in Canada by Forbes World's Best Banks for three years in a row (2021, 2022, and 2023). As of 2023, Equitable Bank had over $31 billion in deposits and over $111 billion in combined assets under management and administration. It offers a range of financial solutions, including mortgages, business financing, and bank accounts. It operates from its headquarters in Toronto and has regional offices in Calgary, Halifax, Montreal, and Vancouver. Its parent company, EQB Inc., is a publicly traded company on the Toronto Stock Exchange under the symbol EQB (TSX: EQB) and a member of the Canada Deposit Insurance Corporation.