Jack, sign the petition: To support the USPS and underserved communities, we need postal banking.
SIGN THE PETITION
The U.S. Postal Service is a beloved American institution. But under the current leadership of Postmaster General Louis DeJoy, it continues to struggle–including revenue losses amid DeJoy’s disastrous 10-year plan.
Congress and President Biden must immediately focus on ways to support the USPS and the communities it serves. One service that could not only strengthen the USPS and generate new revenue, but also serve individuals underserved by private institutions, is postal banking.
Sign the petition: To support the USPS and underserved communities, we need postal banking.
SIGN THE PETITION
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 could also take aim at predatory practices–like high-fee prepaid debit cards and overdraft fees–that have taken advantage of unbanked and underbanked Americans and could offer small-dollar loans that could eliminate the market for predatory payday loans.
We must demand Congress reintroduce postal banking legislation, like the Postal Banking Act, and support not only the USPS but also underserved communities across the country.
Sign the petition to Congress: Immediately reintroduce and pass postal banking legislation.
SIGN THE PETITION
Thanks for all you do,
Erin Tulley, Daily Kos
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