Postal Bank Legislation Introduced

U.S. Senator Kirsten Gillibrand announced major new legislation to create a Postal Bank, which would establish a retail bank in all of the U.S. Postal Service’s 30,000 locations. The legislation would establish a retail bank in all of the U.S. Postal Service’s 30,000 locations. It would be accessible to Americans of all income levels, and would specifically benefit low-income households that have limited or no access to traditional banks … (click to read more)