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Equitable Bank

Posted on December 20, 2020December 20, 2020

Equitable Bank is a Canadian bank which primarily provides residential and commercial real estate lending services, as well as personal banking through its direct banking brand EQ Bank.

The bank was founded in 1970 as The Equitable Trust Company and became a Schedule I Bank offering savings products in 2013.

It is now Canada’s ninth largest independent bank, with more than $35 billion in assets under management.

As of September 2020, the bank had over $16 billion in deposits. Equitable Bank is a member of the Canada Deposit Insurance Corporation.

Traded as:           TSX: EQB

Industry:              Banking

Founded:            1970

Headquarters:   Toronto, Canada

Website:              www.equitablebank.ca

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