The Equitable Bank, S.S.B. logo

The Equitable Bank, S.S.B. in Wauwatosa, WI

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Community bank in Southeast Wisconsin offering FDIC-insured deposit accounts, mortgage lending, business banking, and personal loans with online and mobile services.

Data compiled from public sources

The Equitable Bank, S.S.B. Review

B. is a state-chartered savings bank operating as a community bank serving Southeast Wisconsin. S.

Government, operating under the parent company TEB Bancorp, Inc. The institution positions itself as a relationship-focused lender with local branch presence and personalized service in the Wisconsin market. The Equitable Bank offers comprehensive personal banking products including checking, savings, money market accounts, and CDs, alongside retirement accounts (IRAs) and Health Savings Accounts.

On the lending side, they provide mortgage loans with published daily rates, home equity lines of credit, personal loans, and construction financing. The bank also serves business clients with business checking, business savings, business money market accounts, business loans, and equipment leasing. All deposit products are FDIC-insured, and the bank provides investment services through an investment center.

Key differentiators include construction-to-permanent financing options with flexible terms and guidance through each stage, mortgage portfolio loans for clients who may not qualify for conventional financing, and local loan officers available for personalized quotes. The bank emphasizes accessibility with an AudioEye-enabled website and free ATM access to members. They offer modern digital banking through online banking, mobile banking with mobile deposit capability, and payment services including Zelle® transfers with no fees and TransferNow® for additional flexibility.

As a regional community bank, The Equitable Bank serves a specific geographic market (Southeast Wisconsin) and is subject to standard banking regulations and capital requirements. Their services are comprehensive for a community bank but may lack some listed products available at larger national institutions. The bank's strength lies in personalized service, local decision-making, and relationship banking rather than extensive product innovation or national reach.

Services & Features

Business checking and savings accounts
Business loans and equipment leasing
Certificates of Deposit (CDs)
Construction-to-permanent financing
Health Savings Accounts
Home equity lines of credit
Individual Retirement Accounts (IRAs)
Mortgage loans with daily rate updates
Online banking, mobile banking, and mobile deposit
Personal checking accounts
Personal loans
Personal savings accounts and money market accounts

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • FDIC-insured deposits backed by full faith and credit of U.S. Government
  • Free Zelle® transfers with no fees for rent payments and peer-to-peer transfers
  • Construction-to-permanent financing with flexible terms and lender guidance through each stage
  • Portfolio loans available for borrowers who may not qualify for conventional financing
  • Free ATM access for customers to avoid service fees
  • Mobile banking with mobile deposit capability for account management on-the-go
  • Local loan officers available for personalized mortgage quotes and guidance

Cons

  • Geographic limitation to Southeast Wisconsin market only
  • Limited information on mortgage rates, APRs, and specific lending terms publicly available
  • No apparent credit card issuance or credit-building products mentioned despite being a bank
  • Website navigation incomplete (mortgage rates page, hours/locations pages not fully displayed in provided content)

State Consumer Finance Context

This is state-level context for Banks consumers in Wauwatosa, WI. It does not confirm that The Equitable Bank, S.S.B. or this specific location is licensed.

State regulator

Wisconsin Department of Financial Institutions

Key state rules to check

  • Wisconsin has no usury cap for licensed lenders, allowing unlimited payday loan rates.
  • Payday loans are governed by the Wisconsin Consumer Act but without rate caps.
  • Licensed lenders must disclose APR and fees but are not limited by them.

Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.

Mortgage Lending Transparency

The Equitable Bank, S.S.B. processed 313 mortgage applications in 2023, with 76% recorded as approved across 1 states.

313

Applications

76%

Approval Rate

$309K

Avg Loan

1

States Served

Approval Rate by Applicant Income

Under $50K
44%
$50K–$100K
68.6%
$100K–$200K
88.5%
Over $200K
91.8%

Based on 313 applications. Income in thousands (reported by applicant).

States With Recorded Applications

Wisconsin 313 apps · 71.6%

Source: CFPB Home Mortgage Disclosure Act (HMDA) Data, 2023. Applications include originated, approved, and denied loans.

Frequently Asked Questions

What services does The Equitable Bank, S.S.B. offer?

The Equitable Bank, S.S.B. offers 12 services including Personal checking accounts, Personal savings accounts and money market accounts, Certificates of Deposit (CDs), Individual Retirement Accounts (IRAs), Health Savings Accounts, and 7 more.

What profile signals are listed for The Equitable Bank, S.S.B.?

The Equitable Bank, S.S.B. has profile signals associated with Southeast Wisconsin residents seeking locally-managed community banking with relationship-based service, Homebuyers pursuing construction-to-permanent financing with flexible terms and personal guidance, Business owners in Wisconsin needing commercial checking, loans, and leasing services, Borrowers with non-traditional credit profiles who may qualify for portfolio loans.

What are the strengths and weaknesses of The Equitable Bank, S.S.B.?

Key strengths: FDIC-insured deposits backed by full faith and credit of U.S. Government; Free Zelle® transfers with no fees for rent payments and peer-to-peer transfers; Construction-to-permanent financing with flexible terms and lender guidance through each stage. Areas to consider: Geographic limitation to Southeast Wisconsin market only; Limited information on mortgage rates, APRs, and specific lending terms publicly available.

How does The Equitable Bank, S.S.B. compare to similar companies?

In the Banks category, comparable providers include Bank Cmg, Bank of Alma, Bank of Ontario. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Founded
1927
Headquarters
Wauwatosa, WI
BBB Accredited
No
Certifications
FDIC Insured FDIC Cert #28614
Visit The Equitable Bank, S.S.B.

CreditDoc Profile Note

Research Note on The Equitable Bank, S.S.B.

The Equitable Bank is profile signals for Southeast Wisconsin residents and businesses seeking traditional community banking with personalized service, FDIC insurance, and flexible mortgage options including construction financing. The main caveat is geographic limitation to the Wisconsin market—this institution does not serve customers outside their regional footprint, making it unsuitable for those requiring national or multi-state banking access.

Profile Signals

  • Southeast Wisconsin residents seeking locally-managed community banking with relationship-based service
  • Homebuyers pursuing construction-to-permanent financing with flexible terms and personal guidance
  • Business owners in Wisconsin needing commercial checking, loans, and leasing services
  • Borrowers with non-traditional credit profiles who may qualify for portfolio loans
Updated 2026-05-08

Similar Companies

Bank Cmg logo

Bank Cmg

Bank CMG is a regional bank offering personal and business banking services including checking, savings, CDs, home loans, and digital banking across 10 Wisconsin locations.

BBB: NR

Profile signals: Wisconsin residents seeking community banking with competitive CD rates and multiple branch locations, Small to medium-sized businesses needing treasury management and remote deposit capture services

Bank of Alma logo

Bank of Alma

Independent community bank with four locations in Wisconsin (Alma, Pepin, Nelson, Wabasha) offering checking, savings, loans, and 24/7 online banking access.

BBB: NR

Profile signals: Wisconsin residents in Alma, Pepin, Nelson, or Wabasha seeking relationship-based community banking, Customers age 55+ interested in senior-focused banking programs and local service

Bank of Ontario logo

Bank of Ontario

Community bank serving Vernon County with checking, savings, and digital banking through Bank of Ontario and its affiliated branches Genoa State Bank and Westby State Bank.

BBB: NR

Profile signals: Vernon County residents seeking community banking relationships with local branch access, Customers who value personalized service from established community banks

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Quick Summary

  • The Equitable Bank, S.S.B. is listed as a Banks provider in Wauwatosa, WI on CreditDoc.
  • Use this page to check contact details, location, listed services, review signals, FAQs, and similar providers before deciding what to do next.
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