3 ms·

The Nationwide Building Society is still a mutual.

• lmm 12y ago
  Sort of. New members don't get share rights any more.
  • rjsw 12y ago
    That is so that carpetbaggers can't vote to turn it into a bank.
    • lmm 12y ago
      Sounds rather "we had to burn the village in order to save it".
• porker 12y ago
  The remuneration packages and board make-up are very corporate-banking and not 'mutual' in their outlook. If it still thought of itself as a mutual building society Nationwide would have one of the best interest rates around for their members' savings.