<PAGE> 1

As filed with the Securities and Exchange Commission on November 30, 2006
Registration No. 333-______

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM S-8
                             REGISTRATION STATEMENT
                        UNDER THE SECURITIES ACT OF 1933

                            EQUITABLE FINANCIAL CORP.
             (exact name of registrant as specified in its charter)

        United States                                 14-1941649
        -------------                                 ----------
(State or other jurisdiction of            (IRS Employer Identification No.)
 incorporation or organization)

                           113-115 North Locust Street
                          Grand Island, Nebraska 68801
                                 (308) 382-3136
               (Address, including zip code, and telephone number,
        including area code, of registrant's principal executive offices)

                            EQUITABLE FINANCIAL CORP.
                           2006 EQUITY INCENTIVE PLAN
                            (Full Title of the Plan)
                 ---------------------------------------------

                                                    Copies to:
Richard L. Harbaugh                                 Paul M. Aguggia
Chairman of the Board, President                    Sean P. Kehoe
   and Chief Executive Officer                      Muldoon Murphy & Aguggia LLP
Equitable Financial Corp.                           5101 Wisconsin Avenue, N.W.
113-115 North Locust Street                         Washington, D.C.  20016
Grand Island, NE  68801                             (202) 362-0840
(308) 382-3136
(Name, address, including zip code, and telephone
number, including area code, of agent for service)

<TABLE>
<CAPTION>
======================================================================================================================
     Title of each Class of            Amount          Proposed Maximum       Proposed Maximum         Amount of
        Securities to be               to be          Offering Price Per     Aggregate Offering      Registration
           Registered              Registered(1)             Share               Price(3)                 Fee
----------------------------------------------------------------------------------------------------------------------
         <S>                         <C>                   <C>                    <C>                  <C>
         Common Stock
         $.01 par Value              226,208(2)            $10.90                 $2,465,668           $264
======================================================================================================================
</TABLE>
(1)  Together with an indeterminate number of additional shares which may be
     necessary to adjust the number of shares reserved for issuance pursuant to
     the Equitable Financial Corp. 2006 Equity Incentive Plan (the "Plan").
(2)  Represents the shares which may be issued as stock awards or upon the
     exercise of stock options to purchase shares of Equitable Financial Corp.
     under the Plan.
(3)  Estimated solely for the purpose of calculating the registration fee. The
     average of the bid and ask price of the Common Stock as reported on
     November 29, 2006 in accordance with 17 C.F.R. ss.230.457(c).

This Registration Statement shall become effective immediately upon filing in
accordance with Section 8(a) of the Securities Act of 1933, as amended, (the
"Securities Act") and 17 C.F.R. ss.230.462

<PAGE> 2

Equitable Financial Corp.

PART I   INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

Items 1 & 2. The document containing the information for the Equitable Financial
Corp. 2006 Equity Incentive Plan (the "Plan") specified by Part I of this
Registration Statement will be sent or given to the participants in the Plan as
specified by Rule 428(b)(1). Said document need not be filed with the Securities
and Exchange Commission (the "SEC") either as a part of this Registration
Statement or as a prospectus or prospectus supplement pursuant to Rule 424 in
reliance on Rule 428. Said document and the information incorporated by
reference pursuant to Item 3 of Part II of this Registration Statement, taken
together, constitute a prospectus for the Registration Statement.

PART II   INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.  Incorporation of Documents by Reference

         The following documents filed or to be filed by Equitable Financial
Corp. (the "Registrant" or the "Holding Company") with the SEC are incorporated
by reference in this Registration Statement:

         (a)  The Registrant's Annual Report on Form 10-KSB for the fiscal year
ended June 30, 2006, which includes the Registrant's consolidated statements of
financial condition as of June 30, 2006 and June 30, 2005, and the related
consolidated statements of income (loss), stockholders' equity and cash flows
for the years then ended filed with the SEC on September 27, 2006 (SEC No.
000-51514).

         (b)  The description of the Registrant's common stock contained in
Registrant's Form 8-A12G (File No. 000-51514), as filed with the SEC pursuant to
Section 12(g) of the Securities Exchange Act of 1934 (the "Exchange Act"), and
rule 12b-15 promulgated thereunder, on November 5, 2004, as incorporated by
reference to the Company's Form SB-2 (File No. 333-126617) and declared
effective on September 27, 2005.

         (c)  All the documents filed by the Registrant and the Plan, where
applicable, pursuant to Sections 13(a) or 15(d) of the Exchange Act after the
date hereof and prior to the filing of a post-effective amendment which
deregisters all securities then remaining unsold.

         Any statement contained in this Registration Statement, or in a
document incorporated or deemed to be incorporated by reference herein, shall be
deemed to be modified or superseded for purposes of this Registration Statement
to the extent that a statement contained herein, or in any other subsequently
filed document which also is incorporated or deemed to be incorporated by
reference herein, modifies or supersedes such statement. Any such statement so
modified or superseded shall not be deemed, except as so modified or superseded,
to constitute a part of this Registration Statement.

Item 4.  Description of Securities

         The Common Stock to be offered pursuant to the Plan has been registered
pursuant to Section 12(g) of the Exchange Act. Accordingly, a description of the
Common Stock is not required herein.

Item 5.  Interests of Named Experts and Counsel

         None.

                                       2
<PAGE> 3

Item 6.  Indemnification of Directors and Officers and Plan Administrator

         The Registrant shall indemnify its directors and employees in
accordance with the following provision from the Registrant's Bylaws:

                                   ARTICLE XII
                                 INDEMNIFICATION

         The Subsidiary Holding Company shall indemnify all officers, directors
and employees of the Subsidiary Holding Company, and their heirs, executors and
administrators, to the fullest extent permitted under federal law against all
expenses and liabilities reasonably incurred by them in connection with or
arising out of any action, suit or proceeding in which they may be involved by
reason of their having been a director or officer of the Subsidiary Holding
Company, whether or not they continue to be a director or officer at the time of
incurring such expenses or liabilities, such expenses and liabilities to
include, but not be limited to, judgments, court costs and attorneys' fees and
the cost of reasonable settlements.

Item 7.  Exemption from Registration Claimed

         None.

Item 8.  Exhibits

         The following exhibits are filed with or incorporated by reference into
this registration statement on Form S-8 (numbering corresponds generally to the
Exhibit Table in Item 601 of Regulation S-K).

         List of Exhibits (filed herewith unless otherwise noted):

         5.0      Opinion of Muldoon Murphy & Aguggia LLP as to legality of the
                  Common Stock to be issued
         10.0     Equitable Financial Corp. 2006 Equity Incentive Plan(1)
         10.1     Form of Award Agreements
         23.0     Consent of Muldoon Murphy & Aguggia LLP (included in
                  Exhibit 5.0)
         23.1     Consent of Crowe Chizek and Company LLC
         24       Power of Attorney (contained on the signature pages).

Item 9.  Undertakings

         The undersigned Registrant hereby undertakes:

         (1)      To file, during any period in which offers or sales are being
                  made, a post-effective amendment to this registration
                  statement unless the information or prospectus required by (i)
                  and (ii) is contained in periodic reports filed by the
                  Registrant pursuant to Section 13(a) or 15(d) of the Exchange
                  Act that are incorporated by reference into this registration
                  statement:

                  (i)     To include any prospectus required by Section 10(a)(3)
                          of the Securities Act of 1933;
---------------------------
(1)  Incorporated herein by reference to Appendix C in the definitive proxy
     statement filed with the SEC on October 2, 2006.

                                       3
<PAGE> 4
                  (ii)     To reflect in the prospectus any facts or events
                           arising after the effective date of the registration
                           statement (or the most recent post-effective
                           amendment thereof) which, individually or in the
                           aggregate, represent a fundamental change in the
                           information set forth in the registration statement;
                           and

                  (iii)    To include any material information with respect to
                           the plan of distribution not previously disclosed in
                           the registration statement or any material change to
                           such information in the registration statement.

         (2)      That, for the purpose of determining any liability under the
                  Securities Act of 1933, each such post-effective amendment
                  shall be deemed to be a new registration statement relating to
                  the securities offered therein, and the offering of such
                  securities at that time shall be deemed to be the initial bona
                  fide offering thereof; and

         (3)      To remove from registration by means of a post-effective
                  amendment any of the securities being registered which remain
                  unsold at the termination of the offering.

         (4)      That, for purposes of determining any liability under the
                  Securities Act, each filing of the Registrant's annual report
                  pursuant to Section 13(a) or 15(d) of the Exchange Act that is
                  incorporated by reference in the registration statement shall
                  be deemed to be a new registration statement relating to the
                  securities offered therein, and the offering of such
                  securities at that time shall be deemed to be the initial bona
                  fide offering thereof.

         Insofar as indemnification for liabilities arising under the Securities
Act of 1933 may be permitted to trustees, officers and controlling persons of
the Registrant pursuant to the foregoing provisions, or otherwise, the
Registrant has been advised that, in the opinion of the SEC, such
indemnification is against public policy as expressed in such Act and is,
therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the Registrant of expenses incurred
or paid by a trustee, officer or controlling person of the Registrant in the
successful defense of any action, suit or proceeding) is asserted by such
trustee, officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question of whether such indemnification by it is against
public policy as expressed in such Act and will be governed by the final
adjudication of such issue.

                                       4

<PAGE> 5

                                   SIGNATURES

         The Registrant.

         Pursuant to the requirements of the Securities Act of 1933, Equitable
Financial Corp. certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form S-8 and has duly caused this
registration statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Grand Island, State of Nebraska on November 30,
2006.

                                        EQUITABLE FINANCIAL CORP.


                                        By: /s/ Richard L. Harbaugh
                                            ------------------------------------
                                            Richard L. Harbaugh
                                            Chairman of the Board, President and
                                            Chief Executive Officer
                                            (duly authorized representative)

         KNOW ALL MEN BY THESE PRESENT, that each person whose signature appears
below constitutes and appoints Richard L. Harbaugh, as the true and lawful
attorney-in-fact and agent, with full power of substitution and resubstitution,
for him or her and in his or her name, place and stead, in any and all
capacities to sign any or all amendments to the Form S-8 registration statement,
and to file the same, with all exhibits thereto, and other documents in
connection therewith, with the United States Securities and Exchange Commission,
granting unto said attorneys-in-fact and agents full power and authority to do
and perform each and every act and things requisite and necessary to be done as
fully, and to all intents and purposes, as he or she might or could do in
person, hereby ratifying and confirming all that said attorneys-in-fact and
agents or his or her substitute, may lawfully do or cause to be done by virtue
hereof.

         Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed by the following persons in the
capacities and on the dates indicated.

<TABLE>
<CAPTION>

       Name                                   Title                                   Date
       ----                                   -----                                   ----
<S>                                 <C>                                           <C>
/s/ Richard L. Harbaugh             Chairman of the Board, President              November 30, 2006
---------------------------         and Chief Executive Officer
Richard L. Harbaugh                 (principal executive officer)



/s/ Kim E. Marco                    Executive President and                       November 30, 2006
---------------------------         Chief Financial Officer
Kim E. Marco                        (principal accounting and financial officer)




/s/ H. Lawrence Hanson              Director                                      November 30, 2006
---------------------------
H. Lawrence Hanson

                                       5
<PAGE> 6

/s/ Gary L. Hedman                  Director                                      November 30, 2006
---------------------------
Gary L. Hedman



/s/ Joanne Roush Holmes             Director                                      November 30, 2006
---------------------------
Joanne Roush Holmes



/s/ Pamela L. Price                 Director                                      November 30, 2006
---------------------------
Pamela L. Price



/s/ Jonas A. Proffitt, M.D.         Director                                      November 30, 2006
---------------------------
Jonas A. Proffitt, M.D.



/s/ Jack E. Rasmussen               Director                                      November 30, 2006
---------------------------
Jack E. Rasmussen



/s/ Douglas J. Redman               Director                                      November 30, 2006
---------------------------
Douglas J. Redman



/s/ Benedict P. Wassinger, Jr.      Director                                      November 30, 2006
--------------------------------
Benedict P. Wassinger, Jr.
</TABLE>

                                       6

<PAGE> 7

<TABLE>
<CAPTION>

                                  EXHIBIT INDEX
                                  -------------


   Exhibit No.                      Description                                        Method of Filing
------------------         ---------------------------------------              -------------------------------
     <S>                   <C>                                                      <C>
     5.0                   Opinion of Muldoon Murphy & Aguggia LLP                  Filed herewith.

     10.0                  Equitable Financial Corp. 2006 Equity
                           Incentive Plan                                           Incorporated by reference.

     10.1                  Form of Award Agreement                                  Filed herewith.

     23.0                  Consent of Muldoon Murphy & Aguggia LLP                  Contained in Exhibit 5.0

     23.1                  Consent of Crowe Chizek and Company LLC                  Filed herewith.

     24                    Power of Attorney                                        Located on the signature page.

</TABLE>
                                       7
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{"company-data": {"conformed-name": "EQUITABLE FINANCIAL CORP", "cik": "0001329998", "assigned-sic": "6035", "irs-number": "141941649", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-139040", "film-number": "061249018"}, "business-address": {"street1": "113-115 NORTH LOCUST STREET", "city": "GRAND ISLAND", "state": "NE", "zip": "68801", "phone": "(308) 434-3136"}, "mail-address": {"street1": "113-115 NORTH LOCUST STREET", "city": "GRAND ISLAND", "state": "NE", "zip": "68801"}}
1

As filed with the Securities and Exchange Commission on November 30, 2006
Registration No. 333-______

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM S-8
                             REGISTRATION STATEMENT
                        UNDER THE SECURITIES ACT OF 1933

                            EQUITABLE FINANCIAL CORP.
             (exact name of registrant as specified in its charter)

        United States                                 14-1941649
        -------------                                 ----------
(State or other jurisdiction of            (IRS Employer Identification No.)
 incorporation or organization)

                           113-115 North Locust Street
                          Grand Island, Nebraska 68801
                                 (308) 382-3136
               (Address, including zip code, and telephone number,
        including area code, of registrant's principal executive offices)

                            EQUITABLE FINANCIAL CORP.
                           2006 EQUITY INCENTIVE PLAN
                            (Full Title of the Plan)
                 ---------------------------------------------

                                                    Copies to:
Richard L. Harbaugh                                 Paul M. Aguggia
Chairman of the Board, President                    Sean P. Kehoe
   and Chief Executive Officer                      Muldoon Murphy & Aguggia LLP
Equitable Financial Corp.                           5101 Wisconsin Avenue, N.W.
113-115 North Locust Street                         Washington, D.C.  20016
Grand Island, NE  68801                             (202) 362-0840
(308) 382-3136
(Name, address, including zip code, and telephone
number, including area code, of agent for service)
======================================================================================================================
     Title of each Class of            Amount          Proposed Maximum       Proposed Maximum         Amount of
        Securities to be               to be          Offering Price Per     Aggregate Offering      Registration
           Registered              Registered(1)             Share               Price(3)                 Fee
----------------------------------------------------------------------------------------------------------------------
Common Stock
         $.01 par Value              226,208(2)            $10.90                 $2,465,668           $264
======================================================================================================================
(1)  Together with an indeterminate number of additional shares which may be
     necessary to adjust the number of shares reserved for issuance pursuant to
     the Equitable Financial Corp. 2006 Equity Incentive Plan (the "Plan").
(2)  Represents the shares which may be issued as stock awards or upon the
     exercise of stock options to purchase shares of Equitable Financial Corp.
     under the Plan.
(3)  Estimated solely for the purpose of calculating the registration fee. The
     average of the bid and ask price of the Common Stock as reported on
     November 29, 2006 in accordance with 17 C.F.R. ss.230.457(c).

This Registration Statement shall become effective immediately upon filing in
accordance with Section 8(a) of the Securities Act of 1933, as amended, (the
"Securities Act") and 17 C.F.R. ss.230.462
2

Equitable Financial Corp.

PART I   INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

Items 1 & 2. The document containing the information for the Equitable Financial
Corp. 2006 Equity Incentive Plan (the "Plan") specified by Part I of this
Registration Statement will be sent or given to the participants in the Plan as
specified by Rule 428(b)(1). Said document need not be filed with the Securities
and Exchange Commission (the "SEC") either as a part of this Registration
Statement or as a prospectus or prospectus supplement pursuant to Rule 424 in
reliance on Rule 428. Said document and the information incorporated by
reference pursuant to Item 3 of Part II of this Registration Statement, taken
together, constitute a prospectus for the Registration Statement.

PART II   INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.  Incorporation of Documents by Reference

         The following documents filed or to be filed by Equitable Financial
Corp. (the "Registrant" or the "Holding Company") with the SEC are incorporated
by reference in this Registration Statement:

         (a)  The Registrant's Annual Report on Form 10-KSB for the fiscal year
ended June 30, 2006, which includes the Registrant's consolidated statements of
financial condition as of June 30, 2006 and June 30, 2005, and the related
consolidated statements of income (loss), stockholders' equity and cash flows
for the years then ended filed with the SEC on September 27, 2006 (SEC No.
000-51514).

         (b)  The description of the Registrant's common stock contained in
Registrant's Form 8-A12G (File No. 000-51514), as filed with the SEC pursuant to
Section 12(g) of the Securities Exchange Act of 1934 (the "Exchange Act"), and
rule 12b-15 promulgated thereunder, on November 5, 2004, as incorporated by
reference to the Company's Form SB-2 (File No. 333-126617) and declared
effective on September 27, 2005.

         (c)  All the documents filed by the Registrant and the Plan, where
applicable, pursuant to Sections 13(a) or 15(d) of the Exchange Act after the
date hereof and prior to the filing of a post-effective amendment which
deregisters all securities then remaining unsold.

         Any statement contained in this Registration Statement, or in a
document incorporated or deemed to be incorporated by reference herein, shall be
deemed to be modified or superseded for purposes of this Registration Statement
to the extent that a statement contained herein, or in any other subsequently
filed document which also is incorporated or deemed to be incorporated by
reference herein, modifies or supersedes such statement. Any such statement so
modified or superseded shall not be deemed, except as so modified or superseded,
to constitute a part of this Registration Statement.

Item 4.  Description of Securities

         The Common Stock to be offered pursuant to the Plan has been registered
pursuant to Section 12(g) of the Exchange Act. Accordingly, a description of the
Common Stock is not required herein.

Item 5.  Interests of Named Experts and Counsel

         None.

                                       2
3

Item 6.  Indemnification of Directors and Officers and Plan Administrator

         The Registrant shall indemnify its directors and employees in
accordance with the following provision from the Registrant's Bylaws:

                                   ARTICLE XII
                                 INDEMNIFICATION

         The Subsidiary Holding Company shall indemnify all officers, directors
and employees of the Subsidiary Holding Company, and their heirs, executors and
administrators, to the fullest extent permitted under federal law against all
expenses and liabilities reasonably incurred by them in connection with or
arising out of any action, suit or proceeding in which they may be involved by
reason of their having been a director or officer of the Subsidiary Holding
Company, whether or not they continue to be a director or officer at the time of
incurring such expenses or liabilities, such expenses and liabilities to
include, but not be limited to, judgments, court costs and attorneys' fees and
the cost of reasonable settlements.

Item 7.  Exemption from Registration Claimed

         None.

Item 8.  Exhibits

         The following exhibits are filed with or incorporated by reference into
this registration statement on Form S-8 (numbering corresponds generally to the
Exhibit Table in Item 601 of Regulation S-K).

         List of Exhibits (filed herewith unless otherwise noted):

         5.0      Opinion of Muldoon Murphy & Aguggia LLP as to legality of the
                  Common Stock to be issued
         10.0     Equitable Financial Corp. 2006 Equity Incentive Plan(1)
         10.1     Form of Award Agreements
         23.0     Consent of Muldoon Murphy & Aguggia LLP (included in
                  Exhibit 5.0)
         23.1     Consent of Crowe Chizek and Company LLC
         24       Power of Attorney (contained on the signature pages).

Item 9.  Undertakings

         The undersigned Registrant hereby undertakes:

         (1)      To file, during any period in which offers or sales are being
                  made, a post-effective amendment to this registration
                  statement unless the information or prospectus required by (i)
                  and (ii) is contained in periodic reports filed by the
                  Registrant pursuant to Section 13(a) or 15(d) of the Exchange
                  Act that are incorporated by reference into this registration
                  statement:

                  (i)     To include any prospectus required by Section 10(a)(3)
                          of the Securities Act of 1933;
---------------------------
(1)  Incorporated herein by reference to Appendix C in the definitive proxy
     statement filed with the SEC on October 2, 2006.

                                       3
4
                  (ii)     To reflect in the prospectus any facts or events
                           arising after the effective date of the registration
                           statement (or the most recent post-effective
                           amendment thereof) which, individually or in the
                           aggregate, represent a fundamental change in the
                           information set forth in the registration statement;
                           and

                  (iii)    To include any material information with respect to
                           the plan of distribution not previously disclosed in
                           the registration statement or any material change to
                           such information in the registration statement.

         (2)      That, for the purpose of determining any liability under the
                  Securities Act of 1933, each such post-effective amendment
                  shall be deemed to be a new registration statement relating to
                  the securities offered therein, and the offering of such
                  securities at that time shall be deemed to be the initial bona
                  fide offering thereof; and

         (3)      To remove from registration by means of a post-effective
                  amendment any of the securities being registered which remain
                  unsold at the termination of the offering.

         (4)      That, for purposes of determining any liability under the
                  Securities Act, each filing of the Registrant's annual report
                  pursuant to Section 13(a) or 15(d) of the Exchange Act that is
                  incorporated by reference in the registration statement shall
                  be deemed to be a new registration statement relating to the
                  securities offered therein, and the offering of such
                  securities at that time shall be deemed to be the initial bona
                  fide offering thereof.

         Insofar as indemnification for liabilities arising under the Securities
Act of 1933 may be permitted to trustees, officers and controlling persons of
the Registrant pursuant to the foregoing provisions, or otherwise, the
Registrant has been advised that, in the opinion of the SEC, such
indemnification is against public policy as expressed in such Act and is,
therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the Registrant of expenses incurred
or paid by a trustee, officer or controlling person of the Registrant in the
successful defense of any action, suit or proceeding) is asserted by such
trustee, officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question of whether such indemnification by it is against
public policy as expressed in such Act and will be governed by the final
adjudication of such issue.

                                       4
5

                                   SIGNATURES

         The Registrant.

         Pursuant to the requirements of the Securities Act of 1933, Equitable
Financial Corp. certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form S-8 and has duly caused this
registration statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Grand Island, State of Nebraska on November 30,
2006.

                                        EQUITABLE FINANCIAL CORP.

                                        By: /s/ Richard L. Harbaugh
                                            ------------------------------------
                                            Richard L. Harbaugh
                                            Chairman of the Board, President and
                                            Chief Executive Officer
                                            (duly authorized representative)

         KNOW ALL MEN BY THESE PRESENT, that each person whose signature appears
below constitutes and appoints Richard L. Harbaugh, as the true and lawful
attorney-in-fact and agent, with full power of substitution and resubstitution,
for him or her and in his or her name, place and stead, in any and all
capacities to sign any or all amendments to the Form S-8 registration statement,
and to file the same, with all exhibits thereto, and other documents in
connection therewith, with the United States Securities and Exchange Commission,
granting unto said attorneys-in-fact and agents full power and authority to do
and perform each and every act and things requisite and necessary to be done as
fully, and to all intents and purposes, as he or she might or could do in
person, hereby ratifying and confirming all that said attorneys-in-fact and
agents or his or her substitute, may lawfully do or cause to be done by virtue
hereof.

         Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed by the following persons in the
capacities and on the dates indicated.
Name                                   Title                                   Date
       ----                                   -----                                   ----
/s/ Richard L. Harbaugh             Chairman of the Board, President              November 30, 2006
---------------------------         and Chief Executive Officer
Richard L. Harbaugh                 (principal executive officer)

/s/ Kim E. Marco                    Executive President and                       November 30, 2006
---------------------------         Chief Financial Officer
Kim E. Marco                        (principal accounting and financial officer)

/s/ H. Lawrence Hanson              Director                                      November 30, 2006
---------------------------
H. Lawrence Hanson

                                       5
6

/s/ Gary L. Hedman                  Director                                      November 30, 2006
---------------------------
Gary L. Hedman

/s/ Joanne Roush Holmes             Director                                      November 30, 2006
---------------------------
Joanne Roush Holmes

/s/ Pamela L. Price                 Director                                      November 30, 2006
---------------------------
Pamela L. Price

/s/ Jonas A. Proffitt, M.D.         Director                                      November 30, 2006
---------------------------
Jonas A. Proffitt, M.D.

/s/ Jack E. Rasmussen               Director                                      November 30, 2006
---------------------------
Jack E. Rasmussen

/s/ Douglas J. Redman               Director                                      November 30, 2006
---------------------------
Douglas J. Redman

/s/ Benedict P. Wassinger, Jr.      Director                                      November 30, 2006
--------------------------------
Benedict P. Wassinger, Jr.
6
7
EXHIBIT INDEX
                                  -------------

   Exhibit No.                      Description                                        Method of Filing
------------------         ---------------------------------------              -------------------------------
5.0                   Opinion of Muldoon Murphy & Aguggia LLP                  Filed herewith.

     10.0                  Equitable Financial Corp. 2006 Equity
                           Incentive Plan                                           Incorporated by reference.

     10.1                  Form of Award Agreement                                  Filed herewith.

     23.0                  Consent of Muldoon Murphy & Aguggia LLP                  Contained in Exhibit 5.0

     23.1                  Consent of Crowe Chizek and Company LLC                  Filed herewith.

     24                    Power of Attorney                                        Located on the signature page.
7