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Corporate Profile

Equitable Financial (OTCBB: EQFC) was organized as a federal corporation at the direction of the Bank in connection with the mutual holding company reorganization of the Bank. The reorganization was completed on November 8, 2005. In the reorganization, Equitable Financial sold 43.1% of its outstanding shares of common stock (1,421,226 shares) to the public, contributed 1.9% of its outstanding shares of common stock (62,653 shares) plus $100,000 in cash to the Equitable Bank Charitable Foundation and issued 55% of its outstanding shares of common stock (1,813,630 shares) to Equitable Financial Mutual Holding Company (MHC). In addition a contribution of $100,000 was made to capitalize Equitable Financial MHC. In connection with the reorganization, the Bank changed its name to Equitable Bank from Equitable Savings Bank of Grand Island. Costs incurred in connection with the common stock offering were recorded as a reduction of the proceeds from the offering and are estimated to be approximately $1.1 million. Net proceeds from the common stock offering amounted to approximately $13.1 million.

Equitable Bank offers a wide range of consumer and commercial community banking services. These services include: ag loans, residential and commercial real estate loans; checking and savings accounts; certificates; full-service securities brokerage services; retirement planning; consumer loans; debit cards; credit cards; Individual Retirement Accounts; commercial loans; and commercial demand deposit accounts.

Our Vision

To be a dynamic Financial Center.

Our Mission

As a dynamic financial center, Equitable's mission is to profitably maximize value for our shareholders, customers, employees and community.