[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…
The United States has two separate banking systems todayâone serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to…
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 â providing affordable banking transactions to every zip code in…
More than a quarter of households in this country either donât 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…
May 2, 2015 Mike Rappâs April 8 reminder of delayed service at mail-processing centers is a hint of things to come in the U.S. Postal Service, which has enjoyed widespread trust for its reliable service. The crux of this problem is the draconian Postal Accountability and Enhancement Act, passed by Congress in 2006, that requires…
By Alan Daley and Steve Pociask – April 3, 2015 Many consumers like the United States Postal Service and can appreciate our local mail carriers. However, the Postal Service keeps attempting to shift its focus and is losing money in the process. The agency has lost over $50 billion in the last eight years, putting…
Web News Article #: 071-2015 04/01/2015 – APWU President Mark Dimondstein appeared on The Bill Press Show on TawkrTV on April 1, where he discussed the negative influence of âdark moneyâ on our politics, and the phony USPS financial crisis, postal banking and more. (@ approximately 2:40:00) via Dimondstein Appears on the Bill Press Show…
By Emily Kopp – March 25, 2015 Consider this: Post offices sell money orders and conduct international transfers. Would it be such a big step to expand into the banking world via debit or prepaid cards? Postal Service Inspector General David Williams revived the debate during a discussion Wednesday at the Brookings Institution. As local…
