Location
Headquarters: Toronto, Ontario, Canada, North America
Region: Ontario
Country: CA
Continent: North America
About
EQ Bank is a Canadian digital bank offering everyday banking with high interest earnings and no monthly fees. It provides personal, joint, US dollar accounts, and a range of investment options including GICs, RRSP, TFSA, and FHSA, with CDIC protection for deposits. The bank emphasizes online sign-up, accessible online banking, and competitive rates across savings, money transfers, and card features. It serves customers primarily in Canada with products tailored for personal and small-business banking.
EQ Bank is a Canadian digital banking subsidiary of Equitable Bank that provides personal and small-business financial services. It offers high-interest savings accounts, GICs, and investment products through an online platform with no monthly fees. The bank serves Canadian customers with CDIC-insured deposits and digital-first banking experiences.
EQB Inc.
1970
for_profit
active
Industries
Primary Industry: Finance
Categories
Funding & Financials
Late Stage
1400000000
200m-1b
ipo
Leadership
Kimberly Kukulowicz — Senior Vice-President, Residential Sales and Partner Relations
Jody Sperling — Senior Vice-President, Human Resources
David Wilkes — SVP and Chief Strategy & Growth Officer
Brian Leland — Senior Vice-President, Residential Credit
Anilisa Sainani — SVP and Chief Financial Officer
Lemar Persaud — VP and Head of Investor Relations
Darren Lorimer — Senior Vice-President, Commercial Lending
Technology Stack
Products
Personal Account: A chequing account offering high interest and no fees for everyday banking transactions.
Notice Savings Account: A savings account with competitive interest rates that requires a 10-day notice for withdrawals.
Joint Account: A shared chequing account for up to four people with features similar to the Personal Account.
US Dollar Account: A US dollar account offering interest earnings with easy transfers and competitive exchange rates.
Guaranteed Investment Certificates (GICs): Low-risk investment products with guaranteed returns over various terms, available in registered and non-registered forms.
Registered Retirement Savings Plan (RSP) Savings Account: A retirement savings account offering interest earnings with tax-deductible contributions.
Funding rounds
POST_IPO_DEBT · 350000000 · (2025-05-01T00:00:00)
