Nationwide shares major update on £100 customer bonus payout date

The mutual insitution shares profits with members rather than shareholders (Picture: In Pictures via Getty Images)If you bank with Nationwide, you could be due a windfall in the next few months — a welcome prospect for those in need of a cash boost.The building society operates as a mutual rather than a traditional bank, meaning it’s owned by and run for the benefit of its members.As such, Nationwide shares profits among account holders (rather than shareholders) as part of its