Equity Bank (United States)
Equity Bank is a community bank. It is headquartered in Wichita, Kansas with locations in Arkansas, Kansas, Missouri, and Oklahoma. Equity Bank's parent company, Equity Bancshares, Inc., is based in Wichita. It trades on the NASDAQ, Nasdaq Global Select Market under the ticker symbol ‘EQBK'. Equity Bank has grown primarily through acquisitions: of First Community Bank, Prairie State Bancshares Inc., Adams Dairy Bank, First National Bank of Liberal, City Bank & Trust, and MidFirst Bank. As of July 2019, Equity Bank was a $4 billion community bank with 52 bank locations. It offers commercial loans, consumer banking, mortgage loans and treasury management services. History Equity Bank was founded in Andover, Kansas, Andover, Kansas in 2003. Equity Bank completed an initial public offering in November 2015, offering more than 2.2 million shares. Its common stock found an opening price of $22.50 per share on the NASDAQ exchange. In November 2016, Equity Bank acquired Community F ...
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Retail Banking
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term commercial bank is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from co ...
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