| Admin History | The National Savings Committee was established in 1915 to encourage the public to save money to help the war effort. In 1916 local Savings Associations were set up, and "War Savings Deposits" (later War Savings Certificates, then National Savings Certificates) were introduced. The Treasury set up the National War Savings Committee to control the activities of various Local Savings Committees, and in 1919 its name was changed to the National Savings Committee.
By 1939 the movement was effectively amalgamated with the savings schemes of the Post Office Savings Bank and the Trustee Savings Banks. The public could save by investment in National Savings securities (National Savings Certificates, Defence Bonds and Premium Bonds), or by deposits in the Post Office or Trustee Savings Banks.
Records of the national organisation are held at the Public Record Office (class NSC).
Reading Savings Committee was subsidiary to the East Berks District Savings Committee, and in the Southern Region.
Reading Savings Committee was reorganised in 1976 on a county basis, and wound up in 1978. |