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TeachMeFinance.com - explain National Council of Community Bankers National Council of Community Bankers -- a former trade organization of savings banks, savings and loans, cooperative banks and commercial banks. The organization began using its name on September 13, 1991. Previously it was called the National Council of Savings institutions, which was formed by the November 1, 1983 merger of the National Savings and Loan League (founded in 1943) and the National Association of Mutual Savings Banks (founded in 1920). On June 1, 1992, the National Council of Community Bankers merged with the United States League of Savings Institutions to form the Savings & Community Bankers of America.
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