Building Society is a well-known UK-based mutual financial institution having more than 15 million members across the globe. The corporate headquarters of the organization is situated in Swindon, Wiltshire, United Kingdom. Additionally, they have administration centers in the cities of Dunfermline, Northampton, and Bournemouth. Presently, they are the biggest building society when it comes to a number of members. The company has divided their operations into various divisions, such as Nationwide International Limited, The Mortgage Works, UCB Home Loans Corporation Limited, E-MEX Home Funding Limited, Derbyshire Home Loans Limited, and Nationwide Syndications Limited. The company’s board of directors include Chairman, Chief Executive Officer, Group Finance Director, Chief Operating Officer, Chief Risk Officer, and Chief Operating Officer.
This organization was founded in 1846 as Northampton Town & County Freehold Land Society. Over the years, it merged with many other organizations, such as Portman Building Society and Anglia Building Society. Presently, the Nationwide Building Society is the honoured member of Co-operatives UK, the Council of Mortgage Lenders, and Building Societies Association. In 2016, they were ranked on the 3rd position in the list of “Top 25 Big Companies to Work for” by The Sunday Times.
Nationwide Products & Services
There is a great variety of financial products & services offered by the company to their members that include student current account, business savings account, home mortgage, remortgaging, car loan, debt consolidation, home improvement loan, and credit cards. Additionally, they offer insurance services, such as travel insurance, life insurance & critical illness, mobile phone insurance, breakdown cover, and car insurance.