Nationwide celebrates 50th anniversary

By Kieran Hadfield - 16 September 2020

Business

Today marks the 50th anniversary of the Nationwide Building Society, with the Co-operative Permanent Building Society, as it was formerly known, rebranding half a century ago this week.

 

Nationwide, the world's largest building society and one of the world's largest savings providers, is today celebrating its 50th anniversary since rebranding back in 1970.

 

Speaking on the anniversary, Sara Kinsey, Head of Historical Archives at Nationwide Building Society said: 

 

“As a building society we have been serving our members for generations – and this week we celebrate 50 years since we changed our name to Nationwide. The world has changed immensely since then but, despite those changes, we continue to do our best to support local communities right across the country, including here in Swindon.”

 

Indeed, economically speaking, Britain half a century ago was enormously different to what we find ourselves in today, with the average house price at £4,452, and the average earnings at around £5,300. 

 

Presently, Nationwide commit themselves to offering support in a plethora of ways, with customers able to manage their finances in a branch, via the mobile app, on the telephone, internet and post. With around 18,000 employees, a host of call centres and its head office in Swindon, Nationwide are continuing to support its customers in this uncertain time. 

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