EQ Bank

Approved to build the kind of banking Canadians actually need. ✅  All in on Canada. All in on Canadians. 🍁

We’re in the homestretch! ✨ EQB has secured final regulatory approval for the acquisition of President's Choice Financial, paving the way to closing the deal this summer. This tremendous milestone marks a bold new chapter for Canadian banking. This is a huge moment for EQ Bank and the start of something exciting for Canadians. It brings us closer to a future with more competition, more innovation, more value and more rewards in your everyday moments that matter most. We thank the Federal government, and Minister François-Philippe Champagne, the Office of the Superintendent of Financial Institutions Canada, and the Competition Bureau Canada for their comprehensive review. This pace of review demonstrates belief in EQ Bank’s unique Challenger potential in banking and the government’s clear focus on strengthening Canada’s economy by advancing a more competitive, more innovative financial system at home. We’re entirely focused on scaling Canada’s first Challenger-driven, loyalty-linked banking ecosystem to put more choice, more value and more financial momentum in the hands of everyday Canadians. By bringing together EQ Bank, PC Financial and the power of Loblaw Companies Limited’s beloved PC Optimum loyalty program, we will unlock more products, more services and, over time, more ways for Canadians to save, spend, borrow and earn rewards through one integrated experience. This is a truly transformational moment for customers, at both EQ Bank and PC Financial, and the millions of Canadians out there who deserve the best banking can offer. As Canada’s Challenger Bank, we share your ambition to aim higher, go further and achieve more. Challenger banking is about to get a whole lot bigger. 💛 Read more: https://lnkd.in/eGCkgGcn

Did you know Equitable Bank supports projects with bridge‑to‑CMHC financing? Designed to help manage the transition from construction or lease‑up to CMHC‑insured take‑out—so deals keep moving when timing matters.  Delivered by our mid‑market and large commercial teams, supporting multi‑residential projects across Canada. 👉 Connect with our team to learn more.  Nadine Lehoux (QC & Atlantic Canada – Large Commercial)  Jason Verreault (ON & Western Canada – Large Commercial)  Lesley Chen (Nationwide – Mid-Market Commercial) #CommercialRealEstate #CMHC #BridgeFinancing #CRE #MultiResidential 

Honouring a legacy. Expanding impact. Empowering communities. Concentra’s Empowering Your Community Grant Program returns this year with expanded funding—and a heartfelt purpose. For the first time, we’ll be awarding five $10,000 grants alongside one $100,000 grant, helping credit unions and their community partners make an even greater impact where it’s needed most. This year’s program is dedicated to the legacy of Andrew Moor, CEO of EQ Bank from 2007-2025. Andrew was a visionary leader who believed deeply in the power of community, and he was especially passionate about initiatives focused on mental health and housing. Through this special edition of the program, we’re proud to honour Andrew’s commitment to purpose-driven banking by supporting the causes he championed—and the credit unions and their partner organizations working every day to create meaningful change. Applications are now open until June 15, 2026: https://lnkd.in/e7kQ64NV We can’t wait to see how your credit union is empowering your community. #EYC2026

EQ Bank welcomes the federal government’s Spring Economic Update, which reinforces a clear commitment to strengthening Canada by fostering greater competition and innovation in the financial sector.   The government’s intention to launch a Whole-of-Government Competition Plan – embedding competition across federal policy and design – will be a meaningful step forward for everyday Canadians. As long-time advocates for greater choice in banking, we see this as a clear win.   The renewed commitment towards key financial sector reforms, including the Consumer-Driven Banking Act or open banking, the launch of the Real-Time Rail to modernize Canada’s payments infrastructure this year, and measures that reduce friction for Canadians moving their money to access better benefits, lays the groundwork for genuine competition to take hold.   By empowering people to explore better options – without penalties or delays – and enabling Challengers like us to move faster and deliver high-value and innovative products more widely, these reforms help build a stronger, more resilient Canada.    The work is just beginning. EQ Bank will continue to be a constructive partner as Canada builds a more competitive, consumer-first banking system. Congratulations, Minister François-Philippe Champagne and Finance Canada / Finances Canada, on the Spring Economic Update. Read the announcement here: https://lnkd.in/ePzNhPPM

We’re proud to announce EQ Bank’s Suzanne Fleur de Lys - Aujla, CPCA , Reverse Mortgage Regional Channel Manager is a finalist for the ‘Christine Buemann Mentorship Award’ at the 2026 Mortgage Awards of Excellence 🏅 This is a testament to her passion for empowering reverse mortgage clients and the broker community—a truly well-deserved honour. Congratulations, Suzanne, and good luck to all award finalists! 🥳 Damon Knights Zamina Walji, CPA, CA K. Adam Ross #MortgageAwardsOfExcellence #ReverseMortgage #MortgageIndustry

🚴♀️ Ride with EQ Bank. Change Lives. 🚴♂️ The Princess Margaret #RideToConquerCancer is Canada’s largest cycling fundraiser, supporting life-saving cancer research. Since 2008, riders have raised over $320M to help change outcomes for patients across Canada. 💛 Why we ride Cancer affects nearly every family. Riding is our way of coming together to make a real impact. 🌟 What our #MortgageBroker community achieved in 2025 • 31 riders participated • $110,000+ raised • Top 10 corporate team in Banking, Financial Services & Insurance • 100% finish rate, including first-time riders 🚴 Ride with us! Join Team EQ Bank: Brokers Conquering Cancer June 13 - 14, 2026 • One‑day (Toronto → Hamilton) • Two‑day (Toronto → Hamilton → Niagara‑on‑the‑Lake) All experience levels welcome 📝 How to join Visit the link: https://ow.ly/WeC550YOGtm Select Brokers Conquering Cancer powered by Equitable Bank Use promo code EQBANK26 for $19 registration If you’ve been thinking about doing something meaningful - this is your year. Ride with us or share this with someone who should. Let’s ride together. Let’s conquer cancer. #BrokersConqueringCancer #CarryTheFire #BrokerCommunity Naveen Raina Geoff Vona Tarun Suri Gabriel Gallucci Gary Fooks Eddy Cocciollo Shubha Dasgupta

🎤 So what’s the scenario? Lender of the Year. We’re incredibly proud that Equitable Bank has been recognized as Lender of the Year at the 2026 Canadian Mortgage Brokers Association - Ontario Awards Gala 🏆    We’re incredibly grateful to the broker collaborators who choose to work with us, challenge us, and help us show up better for homebuying Canadians and reverse mortgage clients every day. A big shout‑out to and to all the EQ Bank teams who support our broker and lending business. Your impact made this possible. 👇Watch the video below for a thank you message from Zamina Walji, our VP, Growth Lending Business, Damon Knights, Vice President, Sales and Distribution, Personal Banking, and Prakash Bector, Senior Director, Regional Sales and Strategic Accounts! 

💭 Reverse Mortgages raise a lot of questions—and that’s exactly what this series is here to answer. Our latest episode of "Ask The Experts: Reverse Mortgage Answers" is live, continuing our focus on helping Canadians 55+ better understand how Reverse Mortgages really work. Often misunderstood, Reverse Mortgages can play a meaningful role in retirement and decumulation planning when used thoughtfully. In this episode, we’re joined by Michelle Wang of Fortune Link Mortgage Group (Mortgage Architects), who brings a practical, client‑focused perspective to one of the most talked‑about topics in later‑life lending. 💡 Together, we unpack the real questions Canadians 55+ are asking, including: - What’s the biggest misconception Canadians have about Reverse Mortgages—and what’s the truth? - How can a Reverse Mortgage help Canadians achieve financial goals during retirement or their decumulation years? - What can a prospective customer expect at each stage of the process—from the first conversation to closing? - How does working with a mortgage broker make the Reverse Mortgage journey easier—and why Equitable Bank is a trusted lender for Canadians and brokers alike? 🎯 Whether you’re a broker building confidence in these conversations, or a homeowner looking to better understand your options, this episode breaks it down clearly and accessibly. ▶️ Watch the latest episode—and stay tuned. New expert conversations drop every month. #EQBank #ReverseMortgage #AskTheExperts #Canadian55Plus #RetirementPlanning #Decumulation #MortgageBrokers #FinancialEducation #MichelleWang #FortuneLinkMortgageGroup #MortgageArchitects

Today, we published EQB’s Fiscal 2025 Responsibility Report, outlining our focus on the environmental, social, and governance (ESG) topics that matter most to our business.     Informed by our inaugural ESG materiality assessment, the report highlights our approach to these topics, our progress over the past year, and areas of continued focus. As part of our commitment to transparent, decision‑useful disclosures, the report is publicly available online. Highlights include: Supporting housing affordability and access across Canada  • We funded $4.3 billion in CMHC‑insured multi‑unit residential loans, of which $3.5 billion qualified under CMHC’s MLI Select program, supporting affordable rental housing nationwide. Expanding access to credit for underserved Canadians  • Our lending to self‑employed Canadians and small and medium‑sized businesses grew 8% year over year. Advancing climate risk management and emissions transparency  • We relocated to a LEED Gold‑certified Toronto office and maintained carbon neutrality for Scope 1 and Scope 2 emissions for a fifth consecutive year. Read the full report here: https://lnkd.in/eGAz9WGc