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Nationwide makes bold promise ahead of Fairer Share £100 announcement
The pledge comes as the government reviews in-person banking access, with 148 Nationwide branches still the last bank branch in their towns.
- Nationwide Building Society pledged to keep all 605 branches open until at least the start of 2030, standing in stark contrast to the wave of closures sweeping across the UK banking sector.
- The society describes its branches as a "valued part of the UK's high streets" and offers services beyond day-to-day banking, including mortgage advice and more than 200 branches featuring Dementia UK clinics.
- Although Cash Access UK has opened 237 banking hubs and more than 140 cash deposit services nationwide, campaigners argue these do not fully replace dedicated local branches for vulnerable consumers.
- Treasury minister Lucy Rigby commissioned an independent Access to Banking Review chaired by former Financial Conduct Authority director Richard Lloyd to investigate branch losses and determine if further legislation is needed.
- "While banking hubs are helping, we need a clear picture of where communities are still losing out," Rigby said, as the Government investigates whether further legislation is required to protect access.
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Total News Sources15
Leaning Left1Leaning Right0Center11Last UpdatedBias Distribution92% Center
Bias Distribution
- 92% of the sources are Center
92% Center
C 92%
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