Great Idea – Inexpensive, Basic Banking Services at the Post Office

The American Postal Workers Union has launched a campaign to begin providing basic banking services at post offices across the U.S., an idea which has been gathering steam for several years. Continue reading below for background reports on the subject and to add your name to a petition to be delivered to the Postmaster General Megan Brennan.


The Atlantic

Bernie Sanders’s Highly Sensible Plan to Turn Post Offices Into Banks

Think Progress

Poll: Americans Like Elizabeth Warren’s Call To Replace Payday Lenders With Post Office Banking

From the American Postal Workers Union (APWU):


More than 150,000 people have signed a petition launched by the Campaign for Postal Banking urging Postmaster General Megan Brennan to implement postal banking in post offices across the country. Organizers plan to deliver the petitions this month.

Have you signed? If not, there’s still time. Click here to add your name.

The APWU has joined with 27 national organizations to co-sponsor the petition, including groups as diverse as Alliance for Retired Americans, Consumer Action, Daily Kos, Farm Aid, National People’s Action, Public Citizen, and Social Security Works.

This campaign has special meaning for postal workers and everyone who supports the public Postal Service. To protect our jobs and our great national treasure, we must enhance postal services.

  • We can better serve the public by offering affordable, non-profit financial services – paycheck cashing, bill payment, savings accounts and small loans – to people who desperately need them.
  • These services can strengthen the Postal Service, establish a new source of revenue, and help protect postal jobs.

The Postal Service is the most highly rated federal agency and already offers some financial services, such as money orders. As the petition notes, the Postmaster General can act now to:

  • Install surcharge-free ATMs;
  • Expand services to include payroll check cashing, and
  • Provide bill paying and electronic funds transfers.

For those without access to traditional banks and those looking for an alternative to the big banks, postal banking is a real solution that serves the public, not Wall Street. Click here to read more.

In Solidarity,

Mark Dimondstein, President

  1 comment for “Great Idea – Inexpensive, Basic Banking Services at the Post Office

Reply to the Rooster

This site uses Akismet to reduce spam. Learn how your comment data is processed.