Nationwide Building Society

Nationwide Building Society
Company type	Building society, (mutual)
Industry	Banking and financial services
Founded	1884
Headquarters	Swindon, England
Number of locations	605
Key people	Kevin Parry (chairman); Debbie Crosbie (chief executive);
Products	Retail banking; savings; mortgages; investments; insurance; current accounts; loans; credit cards;
Revenue	£3.86 billion (2022)
Operating income	£1.60 billion (2022)
Net income	£1.25 billion (2022)
Total assets	£272 billion (2022)
Total equity	£15.7 billion (2022)
Number of employees	17,686 (2022);
Website	nationwide.co.uk
	Footnotes / references;

Nationwide Building Society is the largest retail bank in the United Kingdom,^[2] and the world's largest building society, serving over 16 million members.^[3] It operates as a British mutual financial institution, meaning it is owned by and run for the benefit of its members. Nationwide is also the seventh largest cooperative financial institution globally.^[4] The Society's headquarters are located in Swindon, England.

Nationwide Building Society was established through the amalgamation of approximately 250 smaller building societies over its history. Among the most notable mergers were the acquisition of Anglia Building Society in 1987 and the Portman Building Society in 2007. As of 2022, Nationwide ranked as the second largest provider of household savings and mortgages in the UK, holding a 10.3% market share in current accounts.^[1]^: 15

For the financial year 2021/2022, Nationwide had assets of around £272.4 billion^[1]^: 57 compared to £483 billion for the entire building society sector,^[5] making it larger than the remaining 42 British building societies combined.

It is a member of the Building Societies Association, the Council of Mortgage Lenders and Co-operatives UK.^[6]

^ ^a ^b ^c Nationwide Building Society: Annual Report & Accounts 2022 (PDF) (Report). Nationwide. 19 May 2022.
^ "Nationwide overtakes major banks to have the largest branch network on high street". Nationwide Building Society Media Centre. Retrieved 8 August 2024.
^ Flinders, Karl (16 December 2021). "Nationwide Building Society moves website to Azure cloud". Computer Weekly.
^ Global300 Report 2010: The world's major co-operatives and mutual businesses (PDF) (Report). International Co-operative Alliance. Archived from the original (PDF) on 13 August 2021. Retrieved 29 November 2018.
^ "Building Societies Association Factsheet" (PDF). Building Societies Association. June 2022.
^ "Our History". Nationwide Building Society. Archived from the original on 22 January 2014. Retrieved 16 November 2015.

[AR-1] Nationwide Building Society: Annual Report & Accounts 2022 (PDF) (Report). Nationwide. 19 May 2022.

[2] "Nationwide overtakes major banks to have the largest branch network on high street". Nationwide Building Society Media Centre. Retrieved 8 August 2024.

[3] Flinders, Karl (16 December 2021). "Nationwide Building Society moves website to Azure cloud". Computer Weekly.

[4] Global300 Report 2010: The world's major co-operatives and mutual businesses (PDF) (Report). International Co-operative Alliance. Archived from the original (PDF) on 13 August 2021. Retrieved 29 November 2018.

[5] "Building Societies Association Factsheet" (PDF). Building Societies Association. June 2022.

[6] "Our History". Nationwide Building Society. Archived from the original on 22 January 2014. Retrieved 16 November 2015.

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