Nationwide is a British building society and mutual financial institution. Headquartered in Swindon, it has additional offices in Glasgow, Bournemouth, Northampton and London. Formed by more than 100 mergers, Nationwide has more than 15 million members and is the largest building society in the world.
Nationwide is a British building society and mutual financial institution. Headquartered in Swindon, it has additional offices in Glasgow, Bournemouth, Northampton and London. Formed by more than 100 mergers, Nationwide has more than 15 million members and is the largest building society in the world.
Nationwide is a British building society and mutual financial institution. Headquartered in Swindon, it has additional offices in Glasgow, Bournemouth, Northampton and London. Formed by more than 100 mergers, Nationwide has more than 15 million members and is the largest building society in the world.
What is now Nationwide began life in the nineteenth century, with the Northampton Town & County Freehold Land Society and the Southern Co-operative Permanent Building Society. The Co-operative Permanent changed its name to Nationwide Building Society in 1970, merging with Anglia Building Society in 1987. The new company was initially known as Nationwide Anglia Building Society but changed to simply Nationwide in 1992.
After the financial crisis of 2008, Nationwide acted to protect the mutual financial sector and acquired several smaller building societies.
Nationwide is committed to maintaining its mutual status and was by far the biggest British building society that didn’t convert to bank status in the wave of demutualisations of the late 1980s. Subsequent proposals to change to full bank status have not been actioned.
Nationwide business customers can choose from a range of savings accounts with strong interest rates. These include notice accounts, fixed-rate accounts and instant access accounts.
These accounts are designed for SMEs with no more than 250 employees and a turnover of less than £45million. A range of corporate banking accounts are available for larger companies.
Nationwide members who have a current account, savings account or mortgage get a better rate of interest when taking out a loan (although loans are available to non-members as well). Customers must earn at least £700 a month. Once agreed, funds can be cleared into the borrowers’ account within two hours.
Nationwide also offers a range of current and savings accounts, cash ISAs and Junior ISAs.
Nationwide is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority. Deposits of up to £85,000 are covered by the Financial Services Compensation Scheme (FSCS).
Nationwide Building Society
Nationwide House
Pipers Way
Swindon
SN38 1NW
Telephone: 0800 302011
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Nationwide once again has dropped me in it when I am abroad, this time it has forced its customer to upgrade to the app that does not work.
In the past Nationwide worked for its members and it is clear from the scores here that is no longer the case. I will be closing all of my accounts at the earliest opertunity as they are not fit for purpose and can clearly not be trusted.
I rang the bank due to receiving a fraudulent message about my parcel asking me to pay £2 for a new label to get it delivered to me,i stupidly payed this before ringing amazon and them telling me it was a scam.I rang nationwide and they quickly dealt with the issue and cancelled this account from ever being able to take money out of my account again as they now have my details.Even offering extra support as to not let this happen again giving me advice that if they call or message again to get them to leave a message for the banks evidence.The lady on the phone was extremely supportive and kind and i would like to thank nationwide for having such great customer service especially over something that was 100% my fault for believing.
I received an email over a week ago informing me my account was under review and my accounts were frozen. Even though I have thousands of pounds in my account I am currently on day seven where I have not been able to purchase any food and the bank are refusing to discuss the matter or give me any idea when the review will be completed.
I had a current account with Nationwide as a student and I was very happy with the service until they added charges to my account – the charges were incorrect and all the back and forth I had to do to resolve the issue made me decide to change banks. Hopefully they have changed since then because in the early noughties their customer service was shocking, I am happy with my current bank and would not return to Nationwide if they paid me.
