Protecting you
Dedicated to protecting your investment
Nationwide UK (Ireland) is a branch of Nationwide Building Society. Nationwide Building Society is authorised and regulated by the Financial Services Authority in the UK. Nationwide Building Society, Head Office, Nationwide House, Pipers Way, Swindon, SN38 1NW, UK.
Nationwide is a building society with a prudent approach to lending and no direct exposure to the US sub-prime mortgage market. Our position remains more resilient than most. Over 70% of all our lending is funded by customer deposits. This means that our exposure to international wholesale money markets is amongst the lowest levels within our peer group. In fact, between April 2007 - September 2008, all of our net lending was, in effect funded by retail deposits (Interim results).
Financial Service Compensation Scheme (FSCS)
Nationwide Building Society is a member of the Financial Services Compensation Scheme (FSCS) in the United Kingdom, which was established under the Financial Services and Markets Act 2000 to pay compensation if a firm is unable, or likely to be unable, to pay claims against it.
Payments under the FSCS are limited to a maximum of £50,000 or € equivalent per individual, that is 100% of the first £50,000 or € equivalent of an investor’s total lodgements. The limit applies to each investor and, since joint accounts will be deemed to be split equally between investors, two people with a joint account will have the € equivalent of a maximum of 100% of the first £100,000 guaranteed. Individual customers are restricted to one maximum amount of £50,000 across an organisation. If you have any further concerns you may wish to visit the FSCS website at fscs.org.uk.
Dedicated to your confidentiality & security
Confidentiality and security are paramount to saving with us.
Your confidentiality is assured by the Data Protection Act (1998 & 2003). This permits us to only collect the personal data necessary to maintain our relationship with you and to make sure that your personal data is processed in accordance with your rights.