![]() ![]() In 2007, Nationwide members voted at its Annual General Meeting to donate at least 1% of pre-tax profits to charitable activities each year. The following year, withdrawals from most cash machines owned by UK banks were made free for customers of all banks and building societies throughout the UK. Nationwide claimed Barclays had broken the rules of the LINK network of cash machines, which the bank had joined earlier in the year. This prompted Nationwide to warn Barclays that it would take legal action against the bank if it did not back down. ![]() The campaign reached a peak when Barclays Bank announced a plan to charge all customers of rival banks and financial providers, including those of Nationwide, £1 for every cash machine withdrawal made from a Barclays-owned cash machine. In 1999, Nationwide, together with various UK tabloid newspapers and media, launched a campaign against controversial cash machine fees. Nationwide launched an early UK internet banking service on. It had been operating a computer centre and administrative office in the town since 1974 and head office departments had been gradually migrating to Swindon. In 1992, Nationwide moved its head office to Nationwide House, Pipers Way, Swindon. The new society was known as Nationwide Anglia Building Society at first, but the Anglia name was dropped in 1991. In 1987, the Northampton-based Anglia Building Society merged with Nationwide. Former logo as Nationwide Anglia Building Society ![]() The new name was put to a member vote, with members voting 135,675 to 15,585 in favour. Based at New Oxford House, High Holborn, it changed its name in 1970 after deciding to leave the British Co-operative Union. The Society's origins lie in the Co-operative Permanent Building Society, founded in 1884. It is a member of the Building Societies Association, the Council of Mortgage Lenders and Co-operatives UK. : 15įor the financial year 2021/2022, Nationwide had assets of around £272.4 billion : 57 compared to £483 billion for the entire building society sector, making it larger than the remaining 42 British building societies combined. It is now the second largest provider of household savings and mortgages in the UK and has a 10.3% market share of current accounts for the 2021/2022 financial year. Among the most significant mergers were those with the Anglia Building Society in 1987 and the Portman Building Society in 2007. Nationwide is made up of around 250 different building societies. Its headquarters are in Swindon, England. Nationwide Building Society is a British mutual financial institution, the seventh largest cooperative financial institution and the largest building society in the world with over 16 million members. ![]()
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