Nationwide Building Society has issued an update to its members, in a message posted in its branches. The fresh update comes after the group recently committed to keeping open all 605 of its Nationwide branches, as well as all its Virgin Money outlets.
It said previously it would keep open all its current branches until at least 2030. You can access banking services at Nationwide branches including taking out cash and making deposits.
Many of the group’s outlets also have specialist services such as dementia clinics, providing advice and support for anyone affected by the condition. You can also access space safes at 400 branches, which are private areas providing a place of refuge for those experiencing domestic abuse.
In a message seen in several of its branches, Nationwide asks visitors a simple five-word question: ” If your bank’s local branch is closing, why not join us instead?” Lloyds Bank is set to axe dozens of its branches over the coming months. Several Halifax and Bank of Scotland outlets are also set to close as well as a number of Santander branches.
Banks often decide to reduce their high street offering due to dwindling demand for in-person services, as more customers move to banking online. Nationwide warns on its website that despite its pledge, there may be cases where it needs to close a branch or relocate one due to “circumstances beyond our control”.
The provider said: “We’ll only do so when there’s no other workable option.” Bank account holders thinking of changing provider may also want to factor in the fact you can get some extra cash for switching.
This includes Nationwide, which will pay you £175 if you’ll switch from a non-Nationwide bank account to a new or existing FlexDirect, FlexAccount or FlexPlus account with them. You need to complete a full switch using the Current Account Switch Service, including closing your old account.
This has to be completed within 28 days of requesting it. You also have to pay in at least £1,000 into your new account and make one debit card payment. These two steps have to be completed with 31 days of either opening the account or requesting your switch, if you are moving over to an existing account.
Lloyds Bank launched in January 2026 a new switching offer, paying £250 if you’ll move over to open a new Club Lloyds, Club Lloyds Silver or Club Lloyds Platinum account.
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