APWU requests PRC extend deadline to comment on USPS check cashing pilot

June 27, 2022 The Postal Regulatory Commission (PRC) is examining the USPS check cashing pilot (buy a gift card with a paycheck) to see if it should be classified as a non-postal (prohibited) product. Comments are due 6/30. PRC Notice and Order issued May 16, 2022 “As a member of the public that has both…

 Continue reading

APWU: Is Check-Cashing Coming to a Post Office Near You?

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…

 Continue reading

USPS OIG: Examining the Road Ahead for Postal Financial Services

More than a quarter of households in this country either don’t have a bank account, or have an account but also rely on often expensive alternative financial services like check cashing and payday lending. These underserved households are looking for more affordable options, and the U.S. Postal Service may be able to help. In a…

 Continue reading

USPS OIG Solicitation: Strategies for Expanding Postal Financial Services

Solicitation Number: 6HQOIG-15-A-0009 Agency: United States Postal Service Office: Supplies and Services Purchasing Location: OIG Posted Date: November 4, 2014 1. Introduction The United States Postal Service Office of Inspector General (OIG) is awarding a contract to a Supplier who possesses specific subject matter expertise in consumer financial services, including products, regulation, market dynamics, operations,…

 Continue reading