Overview
- Nationwide will keep every current location open through at least 2030, including all 605 Nationwide branches and 91 from Virgin Money.
- The society says it will retain Virgin Money outlets even where they sit close to an existing Nationwide branch.
- Nationwide reports an 11% year-on-year rise in branch users to September, with a third of current accounts and about a fifth of savings accounts opened in branch over the past six months.
- Which? estimates that by the end of next year 6,731 UK bank branches will have closed, underscoring the contrast with Nationwide’s pledge.
- Nationwide says it is now the only remaining branch in 133 towns and villages and highlights community uses such as dementia clinics, domestic abuse safe spaces and scam-checker services, drawing praise from MPs and the Federation of Small Businesses.