Rep. Richmond (LA-02) reintroduced a bill that would expand access to basic financial services to millions of Americans and provide USPS an opportunity to generate billions of dollars in revenue. February 2, 2016 Press Release Washington, DC – Rep. Richmond (LA-02) issued the following statement after reintroducing the Providing Opportunities for Savings, Transactions and Lending […]
Washington, DC – Today, Rep. Richmond (LA-02) introduced a bill that would expand access to basic financial services to millions of Americans and provide a venerable and struggling American institution an opportunity to generate billions of dollars in revenue. “In the New Orleans area alone, 181,000 households do not have access to a full range […]
David C. Williams, USPS Inspector General Small towns and inner-city neighborhoods are losing their access to financial services. Post offices could easily fill the void. Drive through the dilapidated main strip in Terry, Miss., and it’s easy to see that the town of 1,063 is a hardscrabble place. And last month, life there got harder […]
OTTAWA, Feb. 10, 2014 /CNW/ – Canada Post Corporation (CPC) conducted a secret four-year study on postal banking, which seems to indicate that getting into financial services would be “a win-win strategy” and a “proven money-maker” for the corporation. CPC’s research study was stopped cold in the fall of 2013, just before the post office […]