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Nationwide Building Society has just announced the closure of 23 branches – a blow that will devastate many customers. The move, revealed in Financial Mail, will be completed by the end of August. The axe will fall heavily on the Derbyshire brand that Nationwide bought in 2008. We visited Derbyshire and found many customers at four doomed branches angry and ready to vote with their feet....Read more here: If Nationwide close our branches then we shut our accounts say customers
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5corpio started a blog post Nationwide to close 23 branches - Customers says: then we shut our accountsNationwide to close 23 branches - Customers says: then we shut our accounts
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Nationwide Building Society will shut 45 high street branches after its decision to do away with the Cheshire, Derbyshire and Dunfermline brands it acquired in the wake of the 2008 financial crisis. Despite the closures, the country’s biggest mutual maintains that the full integration of the three businesses into Nationwide will benefit their one million customers, giving them greater product choice and more branches they can use. It also insists that no saver will be worse off as a result of the absorption of the three savings brands. When Nationwide took over Cheshire and Derbyshire in 2008 and a near-bust Dunfermline in 2009 the society kept the brands intact for fear of losing customers – and because their computer systems were incompatible. But increasingly, running four separate savings businesses has not made sense.....Read more here