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Virgin Money vastly increased its size and customer base in 2012 with the purchase of the so-called 'good bank' portion of the nationalised Northern Rock bank. In 2018, the entire UK operation of Virgin Money was sold to CYBG plc in a £1.7bn all-share deal which made the group the sixth-largest bank in the UK. [2]
Virgin Money is a banking and financial services brand operating in the United Kingdom as a trading name of Clydesdale Bank plc . The Virgin Money brand was founded by Richard Branson in March 1995. It was originally known as Virgin Direct, and pioneered index tracking by launching a value personal equity plan into the market.
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A workforce to be reckoned with. We're putting the full power of our experience behind disruptive ideas that reinvent the role a bank plays in people's lives. We are people with purpose, and we thrive on positive change. Credit cards, Mortgages, Savings, ISAs, Investments and Insurance – Our quest to make banking better starts here.
Mar 22, 2024 · 22 March 2024. Virgin Money savers and borrowers are set to become Nationwide customers as the lenders have agreed a deal for the building society to take over the bank. It's still early days, but under the plans the Virgin Money brand will eventually be phased out – though there's NO change for existing customers right now.
Virgin Money could disappear from the high street by 2030. Nationwide has agreed to buy Virgin Money for £2.9bn in a deal that could create the second-biggest mortgage and savings group in the UK. The move will eventually result in the Virgin Money brand disappearing from the high street, but this is unlikely to happen before 2030.
Offering everything from current and savings accounts to mortgages, yes, Virgin Money is a bank. But don't worry, we never act like one. We're Virgin first, so our love of service always shines through. You'll experience it every time you chat with our customer service advisers.
With their red tinted glasses on, everyone at Virgin Money is focused on making you happier about money and doing it in a way only a Virgin company can. We are open, honest and totally optimistic. Our stores. Spaces you can learn, work and play in, all whilst taking care of your banking. Whether you are a customer, or bank with someone else you ...
