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Find a Location

Equitable Bank has 1 locations, listed below.

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    Business ProfileforEquitable Bank

    Banking Services

    At-a-glance

    Customer Reviews

    1/5stars

    Average of 4 Customer Reviews

    Customer Complaints

    25 complaints closed in last 3 years

    19 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Related Categories

    Business Details

    Location of This Business
    700 - 30 St Clair Ave W, Toronto, ON M4V 3A1
    BBB File Opened:
    16/2/2016
    Type of Entity:
    Corporation
    Alternate Business Name
    • EQ Bank
    Business Management
    • Manager
    Contact Information

    Principal

    • Mr. Andrew Moor

    Customer Contact

    • Mr. Andrew Moor
    • Manager
    Additional Contact Information

    Phone Numbers

    Website Addresses

    Industry Tip

    BBB Tip: How to choose a new bank or credit union

    Customer Complaints

    25 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Customer Reviews

    4 Customer Reviews

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    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Julia M

    1 star

    07/09/2023

    My parents had been with an Equitable Bank for quite a few years now my dad passed away in April 2022, and my mom continued to pay the mortgage until she was unable to. She started looking into a reverse mortgage which we had updated equitable bank on yet they still started foreclosure proceedings one week before their anticipated payout. Their lack of compassion for a widowed senior has left the family very frustrated as their forcloser proceedings has cost the family lots of more money than there is available. The death of my father was very unexpected and very hard on our family having almost lost our home of over 25 years equitable, had no remorse or compassion in helping through the process or giving us a couple of months time to get a reverse mortgage to pay out their balance owing. I do not recommend this bank at all. Their interest rates jumped from 4% to nearly 9% a 5K mortgage jumped to 9K. Making it nearly impossible to make the monthly payment. We scramble to try and sell, but chose to proceed with a reverse mortgage instead until the market gets better. I said we continue to update this bank, yet they still proceeded to foreclose without any warning or any email or phone call saying that they were going to start the proceedings one week before their payout.

    Local BBB

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