EQ Bank
Financial ServicesOntario, Canada501-1000 Employees
EQ Bank is a Canadian financial services provider that offers an account package combining chequing and savings features with the ability to buy high-interest GICs through a digital interface. The company is based in Toronto, Ontario, and operates as the digital offering of Equitable Bank, a federally regulated Schedule I bank. Equitable Bank traces its origins to 1970 when it was founded as The Equitable Trust Company and is a wholly owned part of Equitable Group Inc., which is listed on the Toronto Stock Exchange. In 2026, EQ Bank expanded its footprint by agreeing to acquire PC Financial's banking operations from Loblaw Companies. The company has received industry recognition, including a 2025 designation by Financial Times' The Banker as a top bank in Canada and North America. Overall, EQ Bank operates within the financial services sector as a modern digital banking option focused on integrated everyday banking and accessible GICs, serving individual Canadian customers.