Nationwide Building Society
Type	Building Society (Mutual)
Founded	1884
Headquarters	Swindon, Wiltshire
Key people	Jonathan Agnew, Chairman Graham Beale, Chief Executive
Industry	Banking and Financial Services
Products	Retail banking, Savings Mortgages, Investments, Insurance
Revenue	£1.63 billion GBP (April 2006)
Employees	16,500
Website	nationwide.co.uk

Nationwide Building Society is a major UK building society, the largest one in the world, and has its headquarters in Swindon, Wiltshire. It has approximately 11 million members, 15 million accounts and employs 16,500 people across the UK. It is the only UK building society to clear its own cheques, and the only UK financial institution to offer completely fee-free transactions (both electronic and cash withdrawals) worldwide with their VISA branded cards. Image File history File links Nationwide-curved. ... A building society is a financial institution, owned by its members, that offers banking and other financial services, especially mortgage lending. ... Mutual describes a form of business enterprise which is owned by those who do business with it. ... Year 1884 (MDCCCLXXXIV) was a leap year starting on Tuesday (link will display the full calendar) of the Gregorian calendar (or a leap year starting on Thursday of the 12-day-slower Julian calendar). ... For other places with the same name, see Swindon (disambiguation). ... Wiltshire (abbreviated Wilts) is a large southern English county. ... For other uses, see Bank (disambiguation). ... Financial services is a term used to refer to the services provided by the finance industry. ... According to investopedia. ... In common usage, saving generally means putting money aside, for example, by putting money in the bank or investing in a pension plan. ... Introduction A mortgage is a device used to create a lien on real estate by contract. ... Investment is a term with several closely related meanings in finance and economics. ... Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... Green up arrow for a positive change in revenue from last fiscal year. ... ISO 4217 Code GBP User(s) United Kingdom, Crown Dependencies Inflation 3. ... For the Manfred Mann album, see 2006 (album). ... For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ... A Web site (or colloquially, Website) is a collection of Web pages, images, videos and other digital assets that is hosted on a Web server, usually accessible via the Internet or a LAN. A Web page is a document, typically written in HTML, that is almost always accessible via HTTP... A building society is a financial institution, owned by its members, that offers banking and other financial services, especially mortgage lending. ... For other places with the same name, see Swindon (disambiguation). ... Wiltshire (abbreviated Wilts) is a large southern English county. ... Example of a Canadian cheque. ... Visa Debit is a major debit card issued by Visa in the United Kingdom. ...

Nationwide Building Society provides financial services both directly, and through approximately 680 branches and 200 agencies. Nationwide is a major provider of both mortgages and savings in the UK, as well as personal banking and commercial lending. This article is about the legal mechanism used to secure property in favor of a creditor. ... The passbook is the traditional document to keep track of earnings in a savings account Savings accounts are accounts maintained by commercial banks, savings and loan associations, credit unions, and mutual savings banks that pay interest but can not be used directly as money (by, for example, writing a cheque). ...

The Society's dual origins lie in Northampton (1848) and within the co-operative movement in London (1883) respectively. Over a hundred mergers later — most notably the merger between the Nationwide and the Anglia Building Societies in 1987 — they are now the UK's fourth largest mortgage lender and ninth largest retail banking, saving and lending organisation by asset size. More significantly, it is the largest building society in the world and committed to staying mutual. Northampton Guildhall, built 1861-4, E.W. Godwin, architect Northampton is a large market town and a local government district in central England on the River Nene, and the county town of Northamptonshire, in the English East Midlands region. ... A cooperative (also co-operative or co-op) comprises a legal entity owned and democratically controlled by its members, with no passive shareholders. ... This article is about the capital of England and the United Kingdom. ...

On 12th September 2006 the Society announced plans to merge with Portman Building Society, creating a mutual body with assets of more than £150bn. The Portman Building Society is a UK mutual building society and provides mortgages and savings accounts in the UK, as well as commercial lending. ...

History

• 2007
  • 23 April 2007 - Portman Building Society AGM, members vote in favour of the proposed merger between Portman Building Society and Nationwide Building Society.
  • 18 April 2007 - Nationwide re-launches its sponsorship of the UK's four national football teams with its 'Sponsored by you' campaign.
  • 1 April 2007 - Graham Beale takes over as Chief Executive following the retirement of Philip Williamson.
  • Ranked 9th in the Best Big Companies to Work For list produced by The Sunday Times.
  • Announced a deal with Legal & General to market their life insurance products and sell Nationwide's bancassurance arm, Nationwide Investment Group, to L&G.
  • Fined £980,000 by the Financial Services Authority after an enquiry into the theft of an employee's laptop exposed security flaws.^[1] On 20th February 2007 it was reported that this fine would be paid by Nationwide's members rather than by the directors who were directly accountable.^[2]
• 2006
  • Experienced a security breach that potentially compromised the personal information of members after a company laptop computer was stolen from an employee's home during a burglary in August 2006.^[3] However, no customers have lost any money as a result.^[4]
  • Announced proposed merger with Portman Building Society and named Graham Beale (Group Finance Director) as Chief Executive Designate of the Society, taking over on 1 April 2007.
  • Sold at.home Nationwide to ARIM Ltd, which rebranded the business to UK Home Lets.
  • Ranked 3rd in the Best Big Companies to Work For list produced by The Sunday Times.
  • Assets at a record £120.6bn for the year ended 4 April 2006. Pre-tax profits of £539.4 million.^[5]

• 2005
  • Ranked 1st in the Best Big Companies to Work For list produced by The Sunday Times and the Department of Trade and Industry.

• 2004
  • Total assets of the Nationwide Building Society exceed £100 billion (£100,000 million), strengthening its status as the largest building society in the world - a position which it has held since 1997. Its asset size placed it as the 7th largest financial organisation on the UK high street.
  • Nationwide overtakes the clearing bank Barclays to become Britain's fourth largest mortgage lender, with more than 1 million mortgage customers.
  • Savings balances of Nationwide Building Society members, more than £65 billion (£65,000 million) in total, position Nationwide as the third largest savings provider in the UK.

Nationwide Building Society's Headquarters in Swindon

• 2001
  • Society Carpetbaggers propose a resolution for another vote by Nationwide members to convert the society to a bank. The resolution is rejected by the Nationwide board on legal grounds.

• 2000
  • ATM surcharge campaigning in 1999 results in withdrawals from most ATMs owned by UK banks becoming free for customers of all banks and building societies throughout the UK.

• 1999
  • Nationwide Building Society, including various UK tabloid newspapers and media, lauch a campaign against controversial ATM fees. It reaches a peak when Barclays Bank announces a plan to charge all customers of rival banks and financial providers, including those of Nationwide, £1 for every ATM cash withdrawal made from a Barclays-owned ATM. This prompts Nationwide Building Society to warn Barclays that it would take legal action against the bank if it did not back down. Nationwide claims Barclays has broken the rules of the LINK network of ATMs, which the bank had joined earlier the same year.

• 1998
  • Society members seeking a windfall, branded as Carpetbaggers by the UK media, meant Nationwide members go to vote on whether to demutualise the society and float on the London Stock Exchange. The attempt fails, despite media reports of possible pay-outs to members of around £1,000 to £1,500 each, as Nationwide members vote by a narrow margin of 33,700 against converting the building society into a bank.^[6]
  • At its Swindon headquarters, Nationwide pilots the use of iris recognition in ATMs. This project was since cancelled due to it not being cost effective.^[7]

• 1991
  • The first Visa/Delta debit card in the world from a Building Society is launched by Nationwide. Barclays, TSB and Lloyds Bank had already been providing them, but they were banks.

• 1987
  • Merger of the Nationwide and Anglia Building Society. The new society is known as Nationwide Anglia Building Society at first, but the word Anglia is dropped in 1992. The merger also results in the now-familiar Nationwide logo.

• 1970
  • The Co-operative Permanent Building Society changes its name to Nationwide Building Society. The name was suggested by the then chairman, Leonard Williams, and borrowed from the BBC current affairs programme, Nationwide.

2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the CE era. ... The Sunday Times is a Sunday broadsheet newspaper distributed in the United Kingdom and Republic of Ireland, published by Times Newspapers Ltd, a subsidiary of News International which is in turn owned by News Corporation. ... Legal & General Group Plc is a British based financial services company that provides life, health and other insurance, as well as pensions and investments. ... Bancassurance is the term used to describe the sale of insurance products in a bank. ... The Financial Services Authority (FSA) is an independent non-departmental public body and quasi-judicial body that regulates the financial services industry in the United Kingdom. ... For the Manfred Mann album, see 2006 (album). ... The Portman Building Society is a UK mutual building society and provides mortgages and savings accounts in the UK, as well as commercial lending. ... The Sunday Times is a Sunday broadsheet newspaper distributed in the United Kingdom and Republic of Ireland, published by Times Newspapers Ltd, a subsidiary of News International which is in turn owned by News Corporation. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... The Sunday Times is a Sunday broadsheet newspaper distributed in the United Kingdom and Republic of Ireland, published by Times Newspapers Ltd, a subsidiary of News International which is in turn owned by News Corporation. ... The Department of Trade and Industry is a United Kingdom government department. ... shelby was here 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... A building society is a financial institution, owned by its members, that offers banking and other financial services, especially mortgage lending. ... 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ... It has been suggested that this article or section be merged with Main Street. ... Barclays Bank headquarters One Churchill Place, Canary Wharf Barclays plc (LSE: BARC, NYSE: BCS, TYO: 8642 ) is the fourth largest bank in the United Kingdom. ... This article is about the legal mechanism used to secure property in favor of a creditor. ... Image File history File linksMetadata Nationwide_HQ_Swindon. ... Image File history File linksMetadata Nationwide_HQ_Swindon. ... 2001 (MMI) was a common year starting on Monday of the Gregorian calendar. ... In United States history, carpetbaggers were Northerners who moved to the South with Freedmen (freed slaves), and Scalawags (Southern whites) in the Republican Party, which in turn controlled ex-Confederate states for varying periods between 1867 and 1877. ... The term demutualization (or demutualisation) describes the process by which mutual organizations or companies (mutuals) convert themselves to for-profit (or profit-making) public companies which distribute profits to their shareholders in the form of dividends. ... This article or section does not cite any references or sources. ... 2000 (MM) was a leap year starting on Saturday of the Gregorian calendar. ... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ... Outdoor ATMs may be free-standing, like this kiosk, or built into the side of banks or other buildings An automatic teller machine, automated teller machine (ATM) or cash machine is an electronic device that allows a banks customers to make cash withdrawals and check their account balances without... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ... This article or section does not cite any references or sources. ... Barclays Bank headquarters One Churchill Place, Canary Wharf Barclays plc (LSE: BARC, NYSE: BCS, TYO: 8642 ) is the fourth largest bank in the United Kingdom. ... Outdoor ATMs may be free-standing, like this kiosk, or built into the side of banks or other buildings An automatic teller machine, automated teller machine (ATM) or cash machine is an electronic device that allows a banks customers to make cash withdrawals and check their account balances without... This article or section does not cite any references or sources. ... 1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean [1]. // Coated in ice, power and telephone lines sag and often break, resulting in power outages. ... In United States history, carpetbaggers were Northerners who moved to the South with Freedmen (freed slaves), and Scalawags (Southern whites) in the Republican Party, which in turn controlled ex-Confederate states for varying periods between 1867 and 1877. ... The term demutualization (or demutualisation) describes the process by which mutual organizations or companies (mutuals) convert themselves to for-profit (or profit-making) public companies which distribute profits to their shareholders in the form of dividends. ... The Source by Greyworld, in the new LSE building Paternoster Square. ... A building society is a financial institution, owned by its members, that offers banking and other financial services, especially mortgage lending. ... This article or section does not cite any references or sources. ... 1991 (MCMXCI) was a common year starting on Tuesday of the Gregorian calendar. ... Visa is a brand of credit card and debit card operated by the Visa International Service Association of San Francisco, California, USA, an economic joint venture of 21,000 financial institutions that issue and market Visa products. ... A debit card is a plastic card which provides an alternative payment method to cash when making purchases. ... 1987 (MCMLXXXVII) was a common year starting on Thursday of the Gregorian calendar. ... 1970 (MCMLXX) was a common year starting on Thursday. ... The British Broadcasting Corporation, usually known as the BBC, is the largest broadcasting corporation in the world in terms of audience numbers, employing 26,000 staff in the United Kingdom alone and with a budget of more than GB£4 billion (US$7. ... Nationwide was a BBC current affairs television series broadcast on BBC One each weekday following the main evening news. ...

Sponsorships

The company is the former title sponsor of the Football League and current title sponsor of the Football Conference, the top level of the National League System, which governs competition in English football below the Premiership and Football League. It also sponsors the FA Women's Premier League, the top flight in English women's football. Individually, Nationwide sponsors two football league teams: Swindon Town FC and Northampton Town FC (Nationwide has offices in both of these towns). The company is also the sponsor of the Nationwide Mercury Music Prize. The Football League is a league competition featuring professional football clubs from England and Wales, and is the oldest such competition in world football. ... The Football Conference is a football league at the top of the National League System of non-League football in England. ... The National League System comprises the seven levels of the English football league system immediately below the level of the FA Premier League and The Football League. ... Football (soccer) - Wikipedia, the free encyclopedia /**/ @import /skins-1. ... The original FA Premier League logo, in use until the name was changed in 2007 The Premier League (officially known as the Barclays Premier League for sponsorship reasons, previously known as The Premiership), is a professional league competition for football clubs located at the top echelon of the English football... The FA Womens Premier League is the major womens football (soccer) competition in England. ... UEFA Womens Cup Final 2005 at Potsdam Womens association football is the most prominent team sport for women in many countries, and one of the few womens team sports with professional leagues. ... Swindon Town Football Club are an English football team based in Swindon, Wiltshire. ... Northampton Town Football Club are a football team based in Northampton, Northamptonshire, England. ... The Mercury Music Prize, now officially known as the Nationwide Mercury Prize, is a music award given annually for the best British or Irish album of the previous 12 months. ...

Nationwide currently sponsors all four national football teams of the United Kingdom: England, Wales, Scotland and Northern Ireland. To differentiate itself from the tried and tested method of sponsorship by plc companies, Nationwide is demonstrating its mutual status with a 'Sponsored by you' campaign aimed at giving the benefits of sponsorship back to the membership as well as having members’ names appear on shirts and signage etc. First international Scotland 0 - 0 England (Partick, Scotland; 30 November 1872) Biggest win Ireland 0 - 13 England (Belfast, Ireland; 18 February 1882) Biggest defeat Hungary 7 - 1 England (Budapest, Hungary; 23 May 1954) World Cup Appearances 12 (First in 1950) Best result Winners, 1966 European Championship Appearances 7 (First in... First international Scotland 4 - 0 Wales (Glasgow, Scotland; 26 March 1876) Biggest win Wales 11 - 0 Ireland (Wrexham, Wales; 3 March 1888) Biggest defeat Scotland 9 - 0 Wales (Glasgow, Scotland; 23 March 1878) World Cup Appearances 1 (First in 1958) Best result Quarter-finals, 1958 European Championship Appearances none (First... First International Scotland 0 - 0 England (Partick, Scotland; 30 November 1872) Largest win Scotland 9 - 0 Wales (Glasgow, Scotland; 23 March 1878) Worst defeat Uruguay 7 - 0 Scotland (Basel, Switzerland; 19 June 1954) World Cup Appearances 8 (First in 1954) Best result Round 1, all European Championship Appearances 2 (First... First international Ireland 0 - 13 England (Belfast, Ireland; 18 February 1882) Biggest win Ireland (IFA) 7 - 0 Wales (Belfast, Northern Ireland; 1 February 1930) Biggest defeat Ireland 0 - 13 England (Belfast, Ireland; 18 February 1882) World Cup Appearances 3 (First in 1958) Best result Quarterfinals, 1958 European Championship Appearances none...

• Nationwide Mercurys
• Sponsored by you

Subsidiaries

Nationwide wholly owns several subsidiary companies, including:

• Nationwide Life Limited

Provides life assurance.

• Nationwide Unit Trust Managers Ltd.

A company offering unit trusts, equity ISAs and Stakeholder Pensions.

• UCB Home Loans Corporation Ltd.

Provides specialist mortgage finance, particularly for the self-employed. One of the UK's largest centralised mortgage lenders. UCB Home Loans Corporation Ltd is the specialist mortgage lender of Nationwide Building Society, working primarily through regulated intermediaries. ...

• Nationwide International Ltd.

Based in Douglas on the Isle of Man, Nationwide International provides a range of offshore savings accounts denominated in Euro, Pounds Sterling and US Dollar. The accounts are designed for British expatriates but are suitable for a variety of purposes. Nationwide International Ltd is a wholly owned subsidiary of Nationwide Building Society, based in Douglas on the Isle of Man. ... Location within the British Isles Douglas (Doolish in Manx) is the capital of the Isle of Man (Ellan Vannin) and its largest town. ...

• Nationwide Mortgage Corporation Ltd.

Acquires and administers commercial mortgage portfolios acquired from third parties.

• Nationwide Syndications Limited

Arranges and participates in syndicated loans to Registered Housing Associations.

• Nationwide Trust Limited

Provides a complete personal loan service.

• Foundation Insurance Limited

Isle of Man based captive insurer.

• Nationwide Investments (No.1) Ltd.

An investment company.

• Monument (Sutton) Limited

A commercial property rental company.

• First Nationwide

An investment company.

References

February 14 is the 45th day of the year in the Gregorian calendar. ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the CE era. ... February 17 is the 48th day of the year in the Gregorian calendar. ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the CE era. ... November 12 is the 316th day of the year (317th in leap years) in the Gregorian calendar, with 49 days remaining. ... For the Manfred Mann album, see 2006 (album). ... February 14 is the 45th day of the year in the Gregorian calendar. ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the CE era. ... May 18 is the 138th day of the year in the Gregorian calendar (139th in leap years). ... For the Manfred Mann album, see 2006 (album). ... July 23 is the 204th day (205th in leap years) of the year in the Gregorian calendar, with 161 days remaining. ... 1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean [1]. // Coated in ice, power and telephone lines sag and often break, resulting in power outages. ... September 23 is the 266th day of the year (267th in leap years). ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ...

See also

• UCB Home Loans Corporation Ltd
• Nationwide International Ltd

UCB Home Loans Corporation Ltd is the specialist mortgage lender of Nationwide Building Society, working primarily through regulated intermediaries. ... Nationwide International Ltd is a wholly owned subsidiary of Nationwide Building Society, based in Douglas on the Isle of Man. ...

External links

• Nationwide Building Society
• Nationwide International Ltd.
• Reviews at DooYoo
• Reviews at Ciao!

Video clips

• Brand new customers only (2005) - Directed by Armando Iannucci featuring Mark Benton (Leagas Deleaney)

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