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TeachMeFinance.com - explain United States League of Savings Institutions United States League of Savings Institutions -- a former national organization representing the thrift industry. It was founded in 1892 in Chicago. The U.S. League merged on June 1, 1992 with the National Council of Community Bankers to form the Savings & Community Bankers of America. Its name was changed to America's Community Bankers on January 29, 1995. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.