CPS was organized June 8, 1931 and accepted as a Constituent Society by the American Psychoanalytic Association in 1932, with the following Charter Members:
- Dr. Franz Alexander
- Dr. Leo H. Bartemeier
- Dr. Lionel Blitzsten
- Dr. Hans Deutsch
- Dr. Edwin R. Eisler
- Dr. Alan D. Finlayson
- Dr. Thomas M. French
- Dr. Ralph C. Hamill
- Dr. Helen Vincent McLean
- Dr. Karl A. Menninger
- Dr. George J. Mohr
- Dr. George Morgenthau