Deposit Insurance Information
Equitable Bank is a federally regulated deposit taking institution. Equitable Bank is authorized to accept deposits in all provinces and territories across Canada.
Accounts opened with Equitable Bank, such as our high interest savings accounts, GICs (Guaranteed Investment Certificates), TFSAs (Tax Free Savings Accounts) and EQ Bank Savings Plus Account are eligible for deposit insurance from the Canada Deposit Insurance Corporation, subject always to maximum coverage limitations as outlined by the CDIC in "Protecting Your Deposits" and provided such deposits are in Canadian funds and payable in Canada and have a term of no more than 5 years. EQ Bank is a trademark of Equitable Bank.
If you require additional information on CDIC :
Get our everyday high interest rate*.
*Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.
Interac e-Transfer® is a registered trade-mark of Interac Inc. Used under licence.