Thursday, February 6, 2014

Post Office Banking Could Be the Start of Something Big | Common Dreams

Post Office Banking Could Be the Start of Something Big | Common Dreams

"Sen. Elizabeth Warren has endorsed the postal-banking concept, which David Dayen describes in more detail here. As Sen. Warren wrote recently, “if the Postal Service offered basic banking services — nothing fancy, just basic bill paying, check cashing and small-dollar loans — then it could provide affordable financial services for underserved families, and, at the same time, shore up its own financial footing"."