Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleNationwide building society announced it will distribute a £100 "Fairer Share" payment to 4.4 million eligible members in June. This payment follows a "stellar" year, with the society reporting a pre-tax profit of £1.49 billion for the year ending March. Under CEO Dame Debbie Crosbie, Nationwide attracted 1 million new current account customers and returned £1.8 billion in value to its members. The society has committed to keeping all its branches open until at least 2030 and recently completed the £2.9 billion acquisition of Virgin Money. Nationwide, which prides itself on its mutual status, has been recognised for customer satisfaction and its competitive offerings in savings and mortgages. In fullNationwide pledges £100 cash handout to members after ‘stellar’ yearThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

It marks the fourth year in a row where Nationwide is paying the bonuses, with the building society confirming the news as part of its full-year financial results

Nationwide released a market update on Thursday, where the building society's income boomed on the back of consumer lending.

More people than ever are choosing Nationwide, says CEO Debbie Crosbie

Millions of Nationwide customers are set to receive a £100 payment