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About: Equitable Bank     Goto   Sponge   NotDistinct   Permalink

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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. As of 2022, it is Canada’s seventh largest bank, with more than $35 billion in assets under management in 2020. As of September 2020, the bank had over $16 billion in deposits. Equitable Bank is a member of the Canada Deposit Insurance Corporation.