About Nationwide Building Society in the UK

Nationwide Building Society is the worlds largest building society with more than 14m customers and balances of over £200bn (c.€220bn).

We've over 160 years of expertise and experience at being a building society and looking after the interests of our customers. We are the UK's second largest savings provider.

Nationwide Building Society is owned by its members rather than shareholders. This means that we put our customers’ interests first, rather than having to focus on generating dividends for shareholders.

Our size, strength and mutual status place us in a position to be able to provide a secure and trusted home for your savings. We have always managed our business prudently and will continue to do so.

Nationwide Building Society is a strong and well-funded organisation with a robust and well capitalised balance sheet.

  1. Between April and September 2008, we estimate that £1 in every £3 saved in the UK was saved with us.
  2. 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).
  3. We have a conservative approach to lending. We focus on quality rather than chasing market share. The proportion of our mortgage accounts more than 3 months in arrears is significantly less than the industry average. 

Nationwide Building Society’s approach to providing financial services is incredibly straight-forward. We aim to offer a broad range of good value products, while charging as little as possible for day-to-day services.

Some of our recent awards.

  1. Nationwide Building Society was ranked first in a consumer survey for Moneysupermarket.com in December 2008, about where people would save £50,000 for one year. This survey recognised Nationwide Building Society as the UK's most trusted savings provider.
  2. Your Money's (Personal Finance website)  Best Overall Online Provider for 2008.

Nationwide Building Society has been online since 1995 and we were the first to offer a retail internet banking service in the UK.

To find out more about Nationwide Building Society please visit www.nationwide.co.uk