National Consumer Cooperative Bank Act

[AI summary unavailable — showing source text] National Consumer Cooperative Bank Act - Title I: National Consumer Cooperative Bank - Establishes the National Consumer Cooperative Bank. States that the Bank shall (1) encourage the development of new and existing cooperatives eligible for its assistance by providing specialized credit and technical assistance; (2) maintain broad-based control of the Bank by its voting stockholders; (3) encourage broad-based ownership, control and active participation by members in eligible cooperatives; (4) assure that the net savings from its operations and the operations of borrowers from the Bank are made available or accounted for to the stockholders or members of the cooperative organization; and (5) assist in improving the quality and availability of goods and service to consumers. Authorizes the creation of no less than four nor more than 12 corporate regional banks. States that the Bank shall have the power to make and service loans, commitments for credit, guarantees, furnish financially related services, technical assistance, and issue obligations. Enumerates additional powers necessary to carry out its powers and duties under this Act. Requires the Bank to hold an annual meeting of st…