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Statement by APWU President on the Delivery of 150,000+ Signatures in Support of Postal Banking

For Immediate Release

12/17/2015 - There’s a movement growing across the country for the kind of low-cost financial services that the U.S. Postal Service is uniquely qualified to deliver.

The Postal Service has the legal authority, right now, to offer payroll check-cashing, access to no-fee ATMs, and electronic money transfers – and consumers want those services.

Big banks are turning their backs on millions of families. In fact, one in four U.S. households lives at least partially outside the financial mainstream. Without bank accounts they fall prey to predatory lenders.  

The USPS, through what some term ‘postal banking,’ can step in to fulfill its mission of providing universal service while strengthening the public Postal Service and protecting good jobs that our communities need.

Members of our union look forward to working with Postmaster General Megan Brennan to transform the USPS into a 21st century hub for communications, finance and e-commerce.

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The American Postal Workers Union represents 200,000 employees of the United States Postal Service, and is affiliated with the AFL-CIO. For more information, visit www.apwu.org.

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