EQ Bank | Equitable Bank

We are Canada’s Challenger Bank™ and the country’s seventh largest bank by assets, managing over $87.3 billion. Equitable Bank was founded in 1970 and is a wholly owned subsidiary of EQB Inc. (TSX: EQB). EQ Bank launched in 2016 and holds nearly $10 billion in deposits from Canadians.

EQ Bank offers Personal, Joint, and US Dollar Accounts, along with investment products like GICs, RRSPs, TFSAs, FHSAs, and Notice Savings Accounts. We also provide payment options such as the EQ Bank Card and International Money Transfers. Equitable Bank focuses on various lending services, including residential, commercial, and reverse mortgages, insurance lending, and equipment leasing for individual customers and credit union members across Canada.

Our mission is to improve Canadian banking and enrich people’s lives. We aim to offer more value than traditional banks by finding smarter ways to operate and challenging old practices. We believe open banking empowers customers to improve their financial lives. Equity, Diversity, and Inclusion are central to our workplace culture.

Our team of over 1,900 employees is smart, creative, and passionate about doing things differently. Our culture values authenticity and unique differences, which we bring to team building, product innovation, and customer service.

Equity, Diversity, and Inclusion are central to our workplace. We support this with a dedicated committee, Employee Resource Groups, and various employee-led cultural celebrations. We focus on work-life balance, financial perks, and community involvement. Employees describe our culture as warm, accepting, and supportive. We encourage collaboration and offer growth opportunities within an agile and inquisitive team that aims to challenge traditional banking.

We offer a competitive discretionary bonus, a market-leading RRSP match program, and comprehensive medical, dental, vision, life, and disability benefits. You can participate in our Employee Share Purchase Plan.

Other perks include maternity/parental top-up, generous vacation and personal days, and virtual events to connect with your team. We support professional growth with an annual professional development allowance and a comprehensive Career Development program. We offer a hybrid work arrangement, with in-office time typically at our Toronto location. We are committed to inclusion, with a barrier-free recruitment process and work environment.