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17,686 (2022) Website. nationwide.co.uk. Footnotes / references. [1] 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.
Joe Garner (businessman) Johnson Daniel Garner (born 23 June 1969) was the chief executive of Nationwide Building Society, the UK's largest mutual financial organisation, from May 2016 to June 2022. He previously held senior roles at BT 's infrastructure division Openreach, HSBC and Procter & Gamble.
CEO, Nationwide Building Society. Term. June 2022–. Predecessor. Joe Garner (businessman) Debbie Crosbie (born 30 March 1970) [1] is a British banker, and the chief executive of the Nationwide Building Society since June 2022. She was previously the CEO of TSB Bank from May 2019. [2]
A building society is a financial institution owned by its members as a mutual organization, which offers banking and related financial services, especially savings and mortgage lending. They exist in the United Kingdom, Australia and New Zealand, and formerly in Ireland and several Commonwealth countries, including South Africa as mutual banks ...
Successor. Nationwide Building Society. Headquarters. London, United Kingdom. The Co-operative Permanent Building Society was a mutual building society, providing mortgages and savings accounts to its members. Its head office was located at New Oxford House in London. [1] In 1970, it was renamed the Nationwide Building Society.
The building society sector has become much smaller with fewer building societies. This was caused, firstly, a number of building societies demutualising in the 1980s and 1990s and subsequently, taken over by banks. Secondly, there has been ongoing consolidation via mergers between societies. There are 42 building societies in the UK as of 2021 ...
The plan was open to all UK incorporated banks and all building societies, including the following: Abbey, Barclays, Clydesdale Bank, HBOS, HSBC, Lloyds, Nationwide Building Society, Royal Bank of Scotland, and Standard Chartered. [15] The extent to which different banks participated varied according to their needs.
On 7 March 2024 Nationwide Building Society, the UK's largest building society, announced that they had made an offer to buy the bank's parent company, Virgin Money UK plc, for £2.9 billion. [56] Under the terms of the deal the resulting company would be rebranded under the Nationwide banner over the next 6 years with the Virgin Money brand ...