Nationwide has mutual (as opposed to Public Limited Company)
status, which means that Nationwide are owned by and run for the benefit of our members.
Nationwide are
the UK's fifth largest mortgage lender and eighth largest retail banking,
saving and lending organisation by asset size. More significantly, Nationwide are
the largest building society in the world.
Our approach
to providing financial services is incredibly straightforward. Nationwide aim to
offer a broad range of great value mortgages, savings and othe r financial
products, while charging as little as possible for daytoday services.
Nationwide calculate
that since 1996 this ‘mutual’ benefit amounts to £2.7 billion.
Nationwide take
pride in doing our best for our members and championing the rights of all
consumers. This year, Nationwide fought honesty and transparency in the credit card
market and are the first provider to publish a Summary Box on all our credit
card information. the Summary Box highlights all fees and charges which most
providers hide in the ir small print. From 2004, all UK credit card providers
will also publish Summary Boxes which will enable consumers to compare cards
from different providers, and allow the m to make a more informed choice.
Nationwide've got
150 years of expertise and experience at being a building society, looking
after the interests of our members. And Nationwide intend to deliver great value to
our members as a modern, mutual building society for many years to come.