Postal News Roundup
Market Watch: Post office banking: an old idea getting new life
"[Low-wage workers] rely instead on costly “off-the-grid” services such as payday loans and check cashing. And plenty of others are tired of banks and would like an alternative. What if the local post office could fill this gap? Customers could complete everyday banking tasks while sending packages and buying stamps."
Huffington Post: “Underbanked” Report Shows Need For Postal Banking
"We the People should be able to use our post offices for basic banking functions like simple savings accounts, cashing and depositing checks, ATM cards and getting small loans. There is no reason not to do this."