At the same time, millions of people who live in “bank deserts” are in need of banking access. Post offices seem like an apt solution: 59% of them are in zip codes that have no banks at all.

To get the most from your Travel Money Card, always pay in the local currency supported by your card when given the chance.

Late last month, postal banking progressed from policy circle rumblings to proposed legislation. Rep. Cedric Richmond (D-LA) sponsored the Providing Opportunities for Savings, Transactions, and ...

Postal banking may be making a comeback. The U.S. Postal Service will announce Monday that it has started testing a handful of new financial services. Can a post office be a bank?

One day in the future, though, customers might also be able to take care of their banking needs, including prepaid cards, bill payments and small loans, at post office windows.

Postal banking, known as the Postal Savings System, began operation in 1911 and officially ended in 1967, though the Post Office stopped accepting deposits a year earlier.

J. Scott Applewhite/APSen. Elizabeth Warren, D-Mass. Elizabeth Warren would like to change the way you bank. The Massachusetts Senator and consumer advocate firebrand may not be running for president.

Imagine if your post office offered basic financial services, like prepaid debit cards, check cashing or savings accounts. That's exactly what the United States Postal Service wants to do. And the ...