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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."

Postal News Roundup

West Plains Daily Quill: McCaskill-Heitkamp Report Finds Rural postal service remains essential
A top watchdog study completed at the request of U.S. Senators Claire McCaskill of Missouri and Heidi Heitkamp of North Dakota, found that the Postal Service remains essential to rural communities, regardless of whether those communities have access to rural broadband services.

Huffington Post: Three Years On From Its Sale, The Privatisation Of Royal Mail Is A Story Of Our Times
The Post Office was split from the profitable Royal Mail business in order to pave the way for privatisation - and all too predictably it is now at crisis point.

Postal News Roundup

Government Executive: USPS Has Achieved Just a Fraction of Its Projected Savings From Slowing Mail Delivery 
The U.S. Postal Service is not realizing the savings it projected when it slowed mail delivery and closed facilities, according to a new audit, which also found the mailing agency was struggling to meet its new standards.

Washington Post: For federal workers, a chance to lock in life insurance
Federal employees have until Sept. 30 to add or make changes to the Federal Employees’ Group Life Insurance program. During this open season, employees can apply for term life insurance for themselves and eligible family members without getting a medical exam or answering health questions.

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