Nationwide is the world’s largest building society with a core business providing retail personal financial services including mortgages, retail savings, personal financial planning, insurance products and personal lending. Customers are able to manage these services online, on the telephone, by post, via a mobile phone app, as well as across an extensive branch network.
The society recorded an underlying profit of £1,216m for the financial year ending April 2015, an increase of 32% from the previous reporting period. They recorded a statutory profit of £1,044 m and their net lending amounted to £7.1b
Nationwide is run day-to-day by a Senior Management Team overseen by an elected Board of Directors.