Web News Article #: 218-2015 11/19/2015 – Did you know that nearly 28% of U.S. households are underserved by traditional banks? They turn instead to payday lenders, check cashers and other financial predators, spending on average nearly 10 percent of their income on fees. There is a simple solution: Postal Banking. The Campaign for Postal…
Published on Oct 9, 2015 In honor of Harvard University Press’ release of Associate Professor Mehrsa Baradaran’s book How the Other Half Banks, there was a breakfast discussion on America’s banking system that featured: Simon Johnson, professor at the MIT Sloan School of Management; Lisa Donner, the executive director of Americans for Financial Reform; David…
[maxgallery id=”41550″]Web News Article #: 194-2015 10/09/2015 – The APWU and the National Association of Letter Carriers hosted author Mehrsa Baradaran at the AFL-CIO on Oct. 7, where she spoke about her book, How the Other Half Banks. The event was held on behalf of the Campaign for Postal Banking. Baradaran presented a spirited indictment…
OIG Report Paints Bright Future for Postal Banking Web News Article #: 110-2015 05/21/2015 – A report by the USPS Office of Inspector General (OIG) released May 21 outlines the next steps for implementing postal banking, in which post offices would offer basic financial services – providing affordable banking transactions to every zip code in…
For Immediate Release 01/19/2015 – Expanding Low-Cost Financial Services through the United States Postal Service is a Way to Put More Money into the Pockets of Low-Wage Workers and to Provide Banking to Americans in Rural and Urban Areas with Few Banking Options United for a Fair Economy, One of the Coalition’s Founding Members, Releases…
