The UK-based

Nationwide Building Society Nationwide Building Society is a British mutual financial institution, the seventh largest cooperative financial institution and the largest building society in the world with over 16 million members. Its headquarters are in Swindon, England. ...

had a presence in

Ireland Ireland ( ; ga, Éire ; Ulster Scots dialect, Ulster-Scots: ) is an island in the Atlantic Ocean, North Atlantic Ocean, in Northwestern Europe, north-western Europe. It is separated from Great Britain to its east by the North Channel (Grea ...

since 24 March 2009, offering deposit accounts only. Accounts were available to Irish residents only and did not confer membership of the UK building society. Nationwide UK (Ireland) had a retail outlet in Merrion Row in Dublin city centre, however its business was mostly online, by post or by phone. Amongst the products offered to its customers were UK Sterling savings accounts as well as Euro savings accounts. It was regulated by the UK

Financial Conduct Authority The Financial Conduct Authority (FCA) is a financial regulation, financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. The ...

and the Prudential Regulation Authority. It was also a member of the UK

Financial Services Compensation Scheme The Financial Services Compensation Scheme (FSCS) is the UK's statutory deposit insurance and investors compensation scheme for customers of authorised financial services firms. This means that FSCS can pay compensation if a firm is unable, or l ...

. Nationwide UK Ireland was not related to the also defunct ''

Irish Nationwide Building Society Irish Nationwide Building Society was a financial institution in Ireland from 1873 to 2011. One of the country's oldest financial institutions, it was originally called the Irish Industrial Building Society; it changed its name in 1975 when it had ...

'' which was administered as part of the

Irish Bank Resolution Corporation The Irish Bank Resolution Corporation (IBRC) was the name given to the entity formed in 2011 by the court-mandated merger of the state-owned banking institutions Anglo Irish Bank and Irish Nationwide Building Society. Following a High Court ord ...

until the latter's liquidation in 2013. Although regulated to trade in Ireland by the

Central Bank of Ireland The Central Bank of Ireland ( ga, Banc Ceannais na hÉireann) is Ireland's central bank, and as such part of the European System of Central Banks (ESCB). It is the country's financial services regulator for most categories of financial firms ...

it was not part of the Irish government's bank guarantee scheme, although deposits (up to 85,000GBP) were guaranteed under the UK government's

(FSCS) as it was also regulated by the Bank of England's Prudential Regulation Authority.Prudential Regulation Authority
Bank of England website. Nationwide UK Ireland closed its doors at the end of 2017. Its office at 13 Merrion Row, Dublin 2 closed on 31 May 2017.

References

External links

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Building societies of the Republic of Ireland Banks established in 2009 Banks disestablished in 2017 2009 establishments in Ireland 2017 disestablishments in Ireland {{UK-bsoc-stub