Deposit Insurance Information
Equitable Bank is a federally regulated deposit taking institution and is authorized to accept deposits in all provinces and territories across Canada. Equitable Bank is a member of the Canada Deposit Insurance Corporation (CDIC). EQ Bank is a trademark 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, as outlined in CDIC’s "Protecting Your Deposits", and provided such deposits are payable in Canada.
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.