Challenger bank

EQ Bank launches in Quebec

Retrieved on: 
Thursday, December 8, 2022

TORONTO, Dec. 8, 2022 /PRNewswire/ - EQ Bank, powered by Equitable Bank, Canada's Challenger Bank, announced it has launched its award-winning EQ Bank digital banking platform into the Quebec market, making it available coast-to-coast to all Canadians.

Key Points: 
  • TORONTO, Dec. 8, 2022 /PRNewswire/ - EQ Bank, powered by Equitable Bank, Canada's Challenger Bank, announced it has launched its award-winning EQ Bank digital banking platform into the Quebec market, making it available coast-to-coast to all Canadians.
  • EQ Bank was named the top Bank in Canada on the Forbes World's Best Banks 2022 and 2021 lists.
  • EQ Bank is a trade name of Equitable Bank.
  • Deposits made under EQ Bank and Equitable Bank are aggregately eligible for CDIC protection up to $100,000, per insured category, per depositor

Equitable Bank increases prime rate

Retrieved on: 
Wednesday, October 26, 2022

TORONTO, Oct. 26, 2022 /PRNewswire/ - Equitable Bank (the "Bank" or "Equitable"), a wholly owned subsidiary of EQB Inc. (the "Company") (TSX: EQB) (TSX: EQB.PR.C) (TSX: EQB.R) today announced it is increasing its prime lending rate by 50 basis points to 5.95% from 5.45%, effective October 27, 2022.

Key Points: 
  • TORONTO, Oct. 26, 2022 /PRNewswire/ - Equitable Bank (the "Bank" or "Equitable"), a wholly owned subsidiary of EQB Inc. (the "Company") (TSX: EQB) (TSX: EQB.PR.C) (TSX: EQB.R) today announced it is increasing its prime lending rate by 50 basis points to 5.95% from 5.45%, effective October 27, 2022.
  • EQB Inc. trades on the Toronto Stock Exchange (TSX: EQB, EQB.PR.C and EQB.R) and serves more than 340,000 Canadians through its wholly owned subsidiary Equitable Bank, Canada's Challenger Bank.
  • Equitable Bank has a clear mandate to drive change in Canadian banking to enrich people's lives.
  • Founded over 50 years ago, Equitable Bank provides diversified personal and commercial banking and through its EQ Bank platform (eqbank.ca) has been named the top Schedule I Bank in Canada on the Forbes World's Best Banks 2022 and 2021 lists.

EQ Bank increases its interest rate to 2.50% on everyday banking

Retrieved on: 
Monday, October 17, 2022

TORONTO, Oct. 17, 2022 /PRNewswire/ - EQ Bank, powered by Equitable Bank, Canada's Challenger Bank, announced it is increasing its interest rate by 0.50% to 2.50%1, effective October 17, 2022.

Key Points: 
  • TORONTO, Oct. 17, 2022 /PRNewswire/ - EQ Bank, powered by Equitable Bank, Canada's Challenger Bank, announced it is increasing its interest rate by 0.50% to 2.50%1, effective October 17, 2022.
  • The new 2.50% interest rate is available as of October 17, 2022, to all current and new customers, and applies to EQ Bank Savings Plus Accounts, Joint Savings Plus Accounts, TFSA Savings Accounts and RSP Savings Accounts.
  • At the same time, EQ Bank is increasing its US Dollar Account interest rate from 1.40% to 2.00%1, and in the coming months it will launch its first payment card.
  • EQ Bank is a trade name of Equitable Bank.

EQB Inc. to report third quarter 2022 results November 8, 2022, host earnings call and webcast November 9, 2022

Retrieved on: 
Tuesday, September 27, 2022

TORONTO, Sept. 27, 2022 /PRNewswire/ - EQB Inc. (TSX: EQB) (TSX: EQB.PR.C) (TSX: EQB.R) will report its financial results for the three and nine months ended September 30, 2022 after the market closes on November 8, 2022.

Key Points: 
  • TORONTO, Sept. 27, 2022 /PRNewswire/ - EQB Inc. (TSX: EQB) (TSX: EQB.PR.C) (TSX: EQB.R) will report its financial results for the three and nine months ended September 30, 2022 after the market closes on November 8, 2022.
  • ET Wednesday November 9, 2022
    EQB's Andrew Moor, President and Chief Executive Officer, Chadwick Westlake, Chief Financial Officer, and Ron Tratch, Chief Risk Officer will host the third quarter conference call and webcast.
  • A replay of the call will be available until November 23, 2022 at midnight at (416) 764-8677 (passcode 753301 followed by the number sign).
  • EQB Inc. trades on the Toronto Stock Exchange (TSX: EQB) (TSX: EQB.PR.C) (TSX: EQB.R) and serves more than 360,000 Canadians through its wholly owned subsidiary Equitable Bank, Canada's Challenger Bank.

Equitable Bank/EQ Bank's Andrew Moor to speak at Scotiabank's 23rd Annual Financials Summit

Retrieved on: 
Wednesday, August 31, 2022

TORONTO, Aug. 31, 2022 /PRNewswire/ - Andrew Moor, President and CEO of Equitable Bank, will be participating in a fireside chat at Scotiabank's 23rd Annual Financials Summit on September 7, 2022.

Key Points: 
  • TORONTO, Aug. 31, 2022 /PRNewswire/ - Andrew Moor, President and CEO of Equitable Bank, will be participating in a fireside chat at Scotiabank's 23rd Annual Financials Summit on September 7, 2022.
  • Mr. Moor is scheduled to participate from 3:00 p.m. to 3:30 p.m. Eastern Time.
  • A link to the live audio webcast will be available on Equitable Bank's investor relations website at http://eqbank.investorroom.com/events-webcasts and the recording will be available for replay for 90 days.
  • Equitable Bank has a clear mandate to drive change in Canadian banking to enrich people's lives.

EQ Bank partners with Flinks to deliver on open banking

Retrieved on: 
Thursday, July 14, 2022

TORONTO, July 14, 2022 /PRNewswire/ - EQ Bank, powered by Equitable Bank, Canada's Challenger Bank, has partnered with Flinks, a leader in open banking, to provide EQ Bank customers with the ability to share their financial data securely with third-party fintech applications of their choosing.

Key Points: 
  • TORONTO, July 14, 2022 /PRNewswire/ - EQ Bank, powered by Equitable Bank, Canada's Challenger Bank, has partnered with Flinks, a leader in open banking, to provide EQ Bank customers with the ability to share their financial data securely with third-party fintech applications of their choosing.
  • This partnership, and the integration of Flinks Outbound, an open banking environment, provides EQ Bank with the framework to quickly deliver flexible open banking capabilities and easily launch and operate new API data sharing methods while providing the bank with critical new data management capabilities.
  • "This announcement marks an important milestone in the evolution of the long partnership between Flinks and EQ Bank," said Andrew Moor, President and CEO of Equitable Bank.
  • EQ Bank, the digital banking platform launched in 2016 by Equitable Bank (a federally regulated Schedule I bank), provides state-of-the-art digital banking services.

Equitable Bank increases prime rate

Retrieved on: 
Wednesday, July 13, 2022

TORONTO, July 13, 2022 /PRNewswire/ - Equitable Bank (the "Bank" or "Equitable"), a wholly owned subsidiary of EQB Inc. (the "Company") (TSX: EQB) (TSX: EQB.PR.C) (TSX: EQB.R) today announced it is increasing its prime lending rate by 100 basis points to 4.70% from 3.70%, effective July 14, 2022.

Key Points: 
  • TORONTO, July 13, 2022 /PRNewswire/ - Equitable Bank (the "Bank" or "Equitable"), a wholly owned subsidiary of EQB Inc. (the "Company") (TSX: EQB) (TSX: EQB.PR.C) (TSX: EQB.R) today announced it is increasing its prime lending rate by 100 basis points to 4.70% from 3.70%, effective July 14, 2022.
  • EQB Inc. trades on the Toronto Stock Exchange (TSX: EQB, EQB.PR.C and EQB.R) and serves more than 340,000 Canadians through its wholly owned subsidiary Equitable Bank, Canada's Challenger Bank.
  • Equitable Bank has a clear mandate to drive change in Canadian banking to enrich people's lives.
  • Founded over 50 years ago, Equitable Bank provides diversified personal and commercial banking and through its EQ Bank platform (eqbank.ca) has been named the top Schedule I Bank in Canada on the Forbes World's Best Banks 2022 and 2021 lists.

Equitable Bank will be first cloud-only bank with Microsoft Azure as its preferred cloud vendor

Retrieved on: 
Tuesday, July 12, 2022

TORONTO, July 12, 2022 /PRNewswire/ - Equitable Bank, Canada's Challenger Bank, has announced a new three-year strategic acceleration with Microsoft Azure as its preferred cloud platform.

Key Points: 
  • TORONTO, July 12, 2022 /PRNewswire/ - Equitable Bank, Canada's Challenger Bank, has announced a new three-year strategic acceleration with Microsoft Azure as its preferred cloud platform.
  • This will enable Equitable to continue delivering award-winning cloud-based banking services to over 340,000 customers across the country.
  • "With Microsoft as a trusted partner, we will bring about even better banking solutions for our customers.
  • In moving its digital banking systems onto Azure, EQ Bank became the first bank in Canada fully hosted in cloud architecture.

EQB Inc. to report second quarter 2022 results August 9, 2022, host earnings call and webcast August 10, 2022

Retrieved on: 
Friday, June 24, 2022

TORONTO, June 24, 2022 /PRNewswire/ - EQB Inc. (TSX: EQB) (TSX: EQB.PR.C) (TSX: EQB.R) will report its financial results for the three and six months ended June 30, 2022 after the market closes on August 9, 2022.

Key Points: 
  • TORONTO, June 24, 2022 /PRNewswire/ - EQB Inc. (TSX: EQB) (TSX: EQB.PR.C) (TSX: EQB.R) will report its financial results for the three and six months ended June 30, 2022 after the market closes on August 9, 2022.
  • ET Wednesday August 10, 2022
    EQB's Andrew Moor, President and Chief Executive Officer, Chadwick Westlake, Chief Financial Officer, and Ron Tratch, Chief Risk Officer will host the second quarter conference call and webcast.
  • A replay of the call will be available until August 24, 2022 at midnight at (416) 764-8677 (passcode 542700 followed by the number sign).
  • EQB Inc. trades on the Toronto Stock Exchange (TSX: EQB, EQB.PR.C and EQB.R) and serves more than 340,000 Canadians through its wholly owned subsidiary Equitable Bank, Canada's Challenger Bank.

EQ Bank increases everyday interest rate to 1.65%

Retrieved on: 
Friday, June 24, 2022

TORONTO, June 24, 2022 /PRNewswire/ - EQ Bank, powered by Equitable Bank,Canada'sChallenger Bank, announced it is increasing its interest rate by 0.15% to 1.65%1, effectiveFriday, June 24, 2022.

Key Points: 
  • TORONTO, June 24, 2022 /PRNewswire/ - EQ Bank, powered by Equitable Bank,Canada'sChallenger Bank, announced it is increasing its interest rate by 0.15% to 1.65%1, effectiveFriday, June 24, 2022.
  • This higher 1.65% everyday non promotional interest rate is another step towards enriching the lives of our customers."
  • The new 1.65% interest rate is now available to all current and new customers, and applies to EQ Bank Savings Plus Accounts, TFSA accounts and RSP accounts.
  • EQ Bank is a trade name of Equitable Bank.