News

• Nationwide opening new Digital Innovation Centre in Holborn to house around 1000 people
• Announcement confirms Society’s commitment to service leadership across UK financial services
• Society will boost London workforce with around 750 new digital, data and technology roles
• News comes after the Society recently unveiled expansion plans in Swindon

From Wednesday 24th July, Nationwide Building Society is reducing selected 2, 3 and 5 year fixed rate mortgage products by up to 0.10%.

• Nationwide is offering extended maternity leave to employees when their baby is born before the 37th week of pregnancy
• The policy provides second parent 4-weeks hospital leave to support their partner and family
• Policy designed in consultation with Nationwide Group Staff Union (NGSU) and employees who’ve had children prematurely and is available now to all employees who need it

Nationwide Building Society is today withdrawing its three and five-year Fixed Rate ISAs, Fixed Rate Bonds and Fixed Rate e-Bonds from sale.

Nationwide Building Society’s Director of Payments, John Hutton, is to become the new Chairman of the global payments body, P20. John, who is currently Vice-Chairman, will take up his new role following the conclusion of P20’s annual Global Payment Conference, which takes place in London in October. He will succeed Bruce Lowthers, Global COO for FIS, as Chairman for a term of two years.

The results of the voting at Nationwide Building Society's Annual General Meeting (AGM) held today, Thursday 18 July 2019, at Manchester Central Convention Complex, Manchester, M2 3GX are detailed below.

• Members can freeze and unfreeze their bank card by phone instead of cancelling
• Most commonly lost items include glasses, keys, bank cards and gadgets
• Most likely places to lose items include our bags, back of the sofa and our pockets
• 53% of those in West Midlands lose bank cards vs just 38% of those in South West

Nationwide Building Society has joined forces with a charity to help raise £7 million needed to create a spectacular memorial for those who took part in the D-Day landings.

• Local charitable organisations have new opportunity to benefit from grants of up to £50,000 each
• Grants available to tackle housing issues in local communities
• Application process now open in six regions

Today, Nationwide has launched new rates for its children’s savings accounts

• Reliance on online for shopping and social media means many are sharing and storing personal details
• Six in ten post full name on social media while more than four in ten include date of birth and home town
• New industry efforts come into play in September to make online shopping more secure for customers

• Money will turbocharge efforts to deliver new and exciting services for businesses
• Society to match every pound received over five years to shape the new products and services
• Nationwide will deliver leading branch service while investing in digital solutions
• 7,000 branch colleagues will be trained and a further 400 jobs are to be created