Nationwide Building Society
British mutual financial institution and the largest building society in the world
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| May 22 2024 | Virgin Money's shareholders approved Nationwide's acquisition deal. |
| April 2024 | The Advertising Standards Authority banned a misleading Nationwide advertisement claiming the society was not closing branches. |
| April 2024 | Nationwide implemented a new policy requiring office-based staff to come into the office for two days per week following COVID-19 pandemic restrictions. |
| March 7 2024 | Nationwide announced an offer to acquire Virgin Money UK for £2.9 billion, proposing to rebrand the company under the Nationwide banner over the next 6 years. |
| October 2023 | Nationwide Building Society committed to its largest rebrand since 1987, planning to replace its iconic 'village' icon and invest in all 605 branches to maintain face-to-face customer interactions. |
| June 2023 | Nationwide launched its Fairer Share initiative to redistribute profits back to its members, with media reports suggesting only 21% of its 16 million members would receive a pay-out in the first year. |
| July 2022 | Nationwide maintained A1 credit rating with Moody's, A+ with Standard & Poor's, and A+ with Fitch Ratings in the second half of the year, demonstrating the organization's strong financial standing. |
| 2021 | The Oakfield development won the 'Building for a Healthy Life' prize as part of the Housing Design Awards. |
| April 2021 | Beginning of the financial year where Nationwide reported assets of approximately £272.4 billion, highlighting its substantial financial standing. |
| March 2021 | Beginning of the financial year 2021/2022, during which Nationwide reported assets of approximately £272.4 billion, demonstrating its substantial financial standing in the building society sector. |
| April 2020 | During the COVID-19 pandemic, Nationwide introduced flexible mortgage payment options and financial support packages to help members during the economic crisis. |
| April 2020 | Nationwide scrapped its plans for a digital business current account due to the COVID-19 pandemic's impact on medium-term interest rates, committing to return a £50M grant and estimating the project cost members £70 million. |
| March 2020 | During the COVID-19 pandemic, Nationwide implemented comprehensive support measures for customers, including payment deferrals and financial assistance programs. |
| 2019 | Planning permission was granted for Nationwide's new community development at Oakfield in Swindon, involving 239 houses built in partnership with Swindon Borough Council. |
| March 2019 | The organization announced a major customer support initiative, providing additional financial guidance and support mechanisms for vulnerable customers. |
| September 2018 | Nationwide launched a significant ethical investment scheme, allowing customers to invest in environmentally and socially responsible financial products. |
| 2017 | Nationwide ceases all operations in the Irish Republic. |
| December 31 2017 | Remaining operations of Nationwide UK (Ireland) were closed. |
| November 2017 | The building society committed to investing £1 billion in its branch network and digital platforms, reinforcing its strategy of maintaining physical presence while simultaneously advancing technological infrastructure. |
| June 30 2017 | Nationwide International subsidiary on the Isle of Man was officially closed. |
| May 31 2017 | Nationwide's branch at 13 Merrion Row in Dublin, Ireland was closed. |
| April 2017 | Nationwide confirmed it would close its subsidiary Nationwide UK (Ireland), with the Dublin branch closing on 31 May 2017 and the remainder of the business closing by the end of the year. |
| March 2017 | The building society announced major investments in digital transformation and customer experience improvement technologies. |
| October 1 2016 | Carillion began providing services for Nationwide's headquarters in Swindon, with a contract worth approximately £350 million, aligned with Nationwide's sustainability strategy. |
| July 2016 | Nationwide introduced a groundbreaking £1 billion lending commitment specifically targeted at supporting small and medium-sized enterprises (SMEs) across the United Kingdom. |
| May 2016 | Nationwide confirmed it would close its subsidiary Nationwide International on the Isle of Man, with the closure set for 30 June 2017. |
| April 2016 | By the end of the 2015/2016 financial period, Nationwide helped 57,200 people buy their first home, increased member deposits by £6.3 billion, and achieved gross and net lending of £32.6 billion and £9.1 billion respectively. |
| April 5 2016 | Joe Garner joined Nationwide as its new chief executive. |
| 2015 | The organization launched a comprehensive digital transformation initiative, enhancing its online and mobile banking services to improve customer experience and technological capabilities. |
| November 2015 | Nationwide introduced a significant ethical banking initiative, committing to support community-focused lending and sustainable financial practices. |
| November 16 2015 | Nationwide announced Joe Garner, CEO of Openreach, would succeed Graham Beale as Nationwide CEO in Spring 2016. |
| July 2015 | David Roberts became the Group Chairman of Nationwide Building Society |
| April 2015 | Member deposits increased by £6.3 billion, indicating strong financial growth and member confidence in the building society. |
| April 2015 | Nationwide helped 57,200 people buy their first home during the financial year, demonstrating significant support for first-time homebuyers. |
| April 2015 | Nationwide Building Society reported financial results showing underlying profits up 9% to £1.337 billion for the preliminary results period spanning April 2015 to April 2016. |
| April 2015 | Statutory profits rose by 23% to £1.279 billion during the financial period. |
| November 2014 | Derbyshire building Society was merged into Nationwide. |
| October 2014 | Cheshire building Society was merged into Nationwide. |
| June 2014 | Dunfermline building Society was merged into Nationwide as part of the phased rebranding process. |
| 2013 | Nationwide launched its digital banking platform, enhancing online and mobile banking services for its customers and modernizing its technological infrastructure. |
| June 2013 | Nationwide announced it would provide £1 billion of support for the UK mortgage market, demonstrating its commitment to helping homeowners and supporting economic recovery. |
| 2012 | Nationwide Building Society announced plans to integrate the Cheshire, Derbyshire, and Dunfermline building Societies into its operations, with each society to be rebranded as divisions of the Society. |
| August 2011 | Nationwide Building Society acquired the Portman Building Society's mortgage portfolio after the society's merger, expanding its financial assets and market presence. |
| 2010 | Nationwide Building Society became the largest building society in the world, consolidating its position as a major mutual financial institution in the United Kingdom. |
This contents of the box above is based on material from the Wikipedia article Nationwide Building Society, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.