Nationwide Bank has announced plans to exit the retail banking business. On May 7th they announced that it will move all deposits and loans to another unnamed financial institution. According to American Banker the following is up for grabs:
Readers might have accounts with Nationwide Bank currently due to bank account bonuses they have previously offered. If you’d like to close your account before Nationwide sells it off then the following resource pages might be of interest to you:
- Highest APY savings accounts
- Current checking account bonuses
- Hub Accounts – ACH Transfers: Capabilities, Fees, and Limits Across Financial Institutions
