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The Nationwide Group Staff Union (NGSU) is an independent trade union in the United Kingdom which represents workers within the Nationwide Building Society and its associated companies. As of December 2021 [update] , it had 12,000 members.
Nationwide Building Society is the largest retail bank in the United Kingdom, [2] and the world's largest building society, serving over 16 million members. [3] It operates as a British mutual financial institution, meaning it is owned by and run for the benefit of its members.
At Nationwide’s half-year results in November 2021, the Society stated that its profits had more than doubled versus the same period last year to £853million.” [13] In May 2022 the Society announced its best ever financial results since it was founded in 1884 when it recorded a profit of £1.6bn for its financial year 2021/2022.
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Derbyshire Building Society: Nationwide Building Society: Building society £ 7.1 × 10 ^ 9 [17] September 8, 2008: Cheshire Building Society: Nationwide Building Society: Building society £ 4.9 × 10 ^ 9 [18] September 14, 2008: Merrill Lynch, New York City Bank of America, Charlotte, North Carolina Investment bank $ 4.4 × 10 ^ 10 [19 ...
[3] On 7 March 2024 Nationwide Building Society, the UK's largest building society, announced that they had made an offer to buy Virgin Money UK plc for £2.9 billion. [4] Under the terms of the deal the resulting company would be rebranded under the Nationwide banner over the next 6 years with the Virgin Money brand eventually disappearing. [4]