Sign the petition to Congress at https://www.dailykos.com/campaigns/forms/sign-the-petition-to-congress-save-the-usps-and-provide-services-to-all-pass-the-postal-banking-act: Save the USPS and provide services to all! Pass the Postal Banking Act.
It’s time to immediately address attempts to dismantle the U.S. Postal Service (USPS). An immediate step in the right direction, Postal Banking, would not only strengthen the USPS but also serve individuals underserved by private institutions.
Postal Banking is simply the provision of financial services via the USPS. By allowing consumers to open a bank account at their post office, Postal Banking could help over 7 million American households that are unbanked — meaning they lack access to a checking account or basic financial services. Postal Banking would also provide a HUGE revenue source for the USPS, boosting the economy and protecting postal worker jobs.
Sign the petition: Congress must support Postal Banking.
Sens. Kirsten Gillibrand and Bernie Sanders previously introduced the Postal Banking Act, which would not only bring basic financial services like low-cost savings and checking accounts to post offices but also take aim at predatory practices — like payday loans, high-fee prepaid debit cards, and overdraft fees — that have taken advantage of unbanked and underbanked Americans. Additionally, the law would allow the Postal Service to offer small-dollar loans that could eliminate the market for payday loans.
We must demand Congress reintroduce and pass the Postal Banking Act and support not only the USPS, but underserved communities across the country.
Sign the petition to Congress: Immediately pass the Postal Banking Act.
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