The need for a public banking option is urgent. Nearly 10 million households, a disproportionate number of whom are people of color, are unbanked in the United States.

The post office’s new program is a welcome start after years of pushing by postal workers, community groups, and public officials, like Sen. Bernie Sanders (I‑Vt.) and Rep. Alexandria Ocasio ...

Many people do not have easy access to banks, but most can find a post office. Sixty-nine percent of U.S. census tracts with post office retail locations — representing 60 million people — do ...

The idea of banking at the post office isn’t new: Congress passed legislation to establish the Postal Savings System in 1910. It was designed to encourage working people and immigrants to use ...

McConnell, who in 2020 co-founded the Save the Post Office Coalition, said high fees, the low limit on gift card amounts and the absence of advertising also undermined the pilot. “The checks ...

Millions of bankers who use the Post Office to withdraw cash can continue to use the service until the end of 2025. Some 30 banks and building societies reached an agreement with the service today, ...